Nouveau Monde Graphite Inc. (NMG)
NYSE: NMG · IEX Real-Time Price · USD
2.290
+0.120 (5.53%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Nouveau Monde Graphite Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for NMG stock has a target of 8.00, which predicts an increase of 249.34% from the current stock price of 2.29.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $8.00 $8.00 $8.00 $8.00
Change +249.34% +249.34% +249.34% +249.34%
* Price targets were last updated on Nov 13, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for NMG is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 211111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 211111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$9$8
Strong Buy Maintains $9$8 +249.34% Nov 13, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$9
Strong Buy Reiterates $9 +293.01% Aug 23, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$17$9
Strong Buy Maintains $17$9 +293.01% May 19, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$17
Strong Buy Reiterates $17 +642.36% Feb 28, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$17
Strong Buy Initiates $17 +642.36% Feb 8, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
824.00K
EPS This Year
-0.82
from -0.90
EPS Next Year
-0.35
from -0.82
Year 20182019202020212022202320242025202620272028
Revenue
------824.00K159.14M204.11M495.71M495.71M
Revenue Growth
-------19,213.11%28.26%142.86%-
EPS
-0.54-0.75-0.68-0.93-0.90-0.82-0.350.05---
EPS Growth
-----------
No. Analysts -----654444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High n/a 1.7M 162.2M 208.1M 505.3M 505.3M
Avg n/a 824,000 159.1M 204.1M 495.7M 495.7M
Low n/a n/a 151.4M 194.2M 471.7M 471.7M

Revenue Growth

Revenue Growth 202320242025202620272028
High - -
19,588.1%
30.7%
147.6%
1.9%
Avg - -
19,213.1%
28.3%
142.9%
-
Low - -
18,275.0%
22.0%
131.1%
-4.9%

EPS Forecast

EPS 202320242025
High -0.74 -0.35 0.05
Avg -0.82 -0.35 0.05
Low -0.88 -0.34 0.05

EPS Growth

EPS Growth 202320242025
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.