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NG Stock Forecast: NovaGold Resources Inc. Price Predictions for 2026

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$8.75

+0.23 (2.70%)

NG Stock Forecast 2026-2027

$8.75
Current Price
$3.84B
Market Cap
8 Ratings
Buy 8
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to NG Price Targets

+60.4%
To High Target of $14.03
+50.7%
To Median Target of $13.19
+42.9%
To Low Target of $12.50

NG Price Momentum

+10.1%
1 Week Change
-7.7%
1 Month Change
+131.5%
1 Year Change
-6.1%
Year-to-Date Change
-39.2%
From 52W High of $14.40
+159.6%
From 52W Low of $3.37
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Latest NG Stock Price Targets & Analyst Predictions

Based on our analysis of 1 Wall Street analyst, NG has a bullish consensus with a median price target of $13.19 (ranging from $12.50 to $14.03). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $8.75, the median forecast implies a 50.7% upside. This outlook is supported by 8 Buy, 0 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

NG Analyst Ratings

8
Buy
0
Hold
0
Sell

NG Price Target Range

Low
$12.50
Average
$13.19
High
$14.03
Current: $8.75

Latest NG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for NG.

Date Firm Analyst Rating Change Price Target
Apr 9, 2026 Morgan Stanley Overweight Initiates $N/A
Mar 27, 2026 Canaccord Genuity Buy Initiates $N/A
Mar 19, 2026 RBC Capital Outperform Maintains $N/A
Jan 27, 2026 B. Riley Securities Buy Maintains $N/A
Oct 15, 2025 Citigroup Buy Maintains $N/A
Sep 30, 2025 B. Riley Securities Buy Maintains $N/A
Jul 16, 2025 Citigroup Buy Initiates $N/A
Jun 4, 2025 RBC Capital Outperform Upgrade $N/A
Jun 21, 2023 B. Riley Securities Buy Reiterates $N/A
Mar 25, 2020 B. Riley FBR Buy Maintains $N/A
Mar 24, 2020 B. Riley Securities Buy Maintains $N/A
Mar 24, 2020 B. Riley FBR Buy Maintains $N/A
May 5, 2018 B. Riley FBR Buy Initiates $N/A
Apr 24, 2018 JP Morgan Overweight Maintains $N/A
Dec 19, 2017 B. Riley Securities Buy Initiates $N/A
Dec 19, 2017 B. Riley FBR Buy Initiates $N/A
Sep 27, 2016 JP Morgan Overweight Upgrade $N/A

NovaGold Resources Inc. (NG) Competitors

The following stocks are similar to Novagold based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

NovaGold Resources Inc. (NG) Financial Data

NovaGold Resources Inc. has a market capitalization of $3.84B with a P/E ratio of -35.0x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.

Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -52.0%.

Valuation Metrics

Market Cap $3.84B
Enterprise Value $3.51B
P/E Ratio -35.0x
PEG Ratio -1.1x
Price/Sales N/A

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +10.3%
Current Ratio 88.7x
Debt/Equity 38.4x
ROE -52.0%
ROA -5.1%
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NovaGold Resources Inc. logo

NovaGold Resources Inc. (NG) Business Model

About NovaGold Resources Inc.

What They Do

Develops precious metals projects, primarily gold.

Business Model

NovaGold Resources earns revenue through the development and advancement of its Donlin Gold project in Alaska. The company collaborates with Barrick Gold Corporation to explore and prepare this gold asset for future production, engaging in pre-production activities that enhance its value and viability.

Additional Information

Founded in 1984 and headquartered in Salt Lake City, Utah, NovaGold is well-financed and maintains a lean organizational structure. Its success relies heavily on the operational potential of the Donlin Gold project, positioning it as a key player in the global precious metals market.

Company Information

Sector

Basic Materials

Industry

Gold

Employees

12

CEO

Mr. Gregory A. Lang

Country

Canada

IPO Year

2003

NovaGold Resources Inc. (NG) Latest News & Analysis

Latest News

NG stock latest news image
Quick Summary

NovaGold holds a 60% stake in the Donlin project, a major undeveloped gold asset. It trades below its NPV, with permitting nearly complete. A bankable feasibility study is anticipated in early 2027.

Why It Matters

NovaGold's undervaluation and strong project leverage signal potential for price appreciation. Upcoming feasibility study could drive interest and investment, impacting stock performance positively.

Source: Seeking Alpha
Market Sentiment: Negative
NG stock latest news image
Quick Summary

U.S. natural gas futures declined as oil markets also fell due to peace deal optimism and anticipated low domestic weather-driven demand for the next few weeks.

Why It Matters

Falling natural gas and oil prices signal reduced demand and potential oversupply, impacting energy sector profitability and influencing investment strategies.

Source: WSJ
Market Sentiment: Negative
NG stock latest news image
Quick Summary

NOVAGOLD Resources Inc. will hold its 2026 AGM on May 14, 2026, to elect Directors, appoint auditors, and discuss compensation plans. Updates on company performance and future catalysts will follow.

Why It Matters

The upcoming annual meeting will address key governance issues, director elections, and strategic updates, impacting investor confidence and future stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral
NG stock latest news image
Quick Summary

Wall Street analysts project a 37.4% potential upside for Novagold (NG), supported by positive earnings estimate revisions.

Why It Matters

A 37.4% upside potential in Novagold's price targets suggests strong market optimism, while positive earnings revisions could drive stock performance, impacting investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
NG stock latest news image
Quick Summary

NovaGold Resources Inc. (NG:CA) held its Q1 2026 earnings call, providing updates on financial performance and operational developments. Further details can be found in the full transcript.

Why It Matters

The earnings call provides insights into NovaGold's financial performance, operational updates, and future prospects, impacting stock valuation and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
NG stock latest news image
Quick Summary

The company completed an upsized bought deal private placement, raising approximately $294 million in net proceeds, which enhances its balance sheet.

Why It Matters

A strengthened balance sheet and significant capital raise enhance financial stability, support growth initiatives, and reduce debt, potentially boosting investor confidence and stock value.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About NG Stock

What is NovaGold Resources Inc.'s (NG) stock forecast for 2026?

Based on our analysis of 1 Wall Street analysts, NovaGold Resources Inc. (NG) has a median price target of $13.19. The highest price target is $14.03 and the lowest is $12.50.

Is NG stock a good investment in 2026?

According to current analyst ratings, NG has 8 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $8.75. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for NG stock?

Wall Street analysts predict NG stock could reach $13.19 in the next 12 months. This represents a 50.7% increase from the current price of $8.75. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is NovaGold Resources Inc.'s business model?

NovaGold Resources earns revenue through the development and advancement of its Donlin Gold project in Alaska. The company collaborates with Barrick Gold Corporation to explore and prepare this gold asset for future production, engaging in pre-production activities that enhance its value and viability.

What is the highest forecasted price for NG NovaGold Resources Inc.?

The highest price target for NG is $14.03 from at , which represents a 60.4% increase from the current price of $8.75.

What is the lowest forecasted price for NG NovaGold Resources Inc.?

The lowest price target for NG is $12.50 from at , which represents a 42.9% increase from the current price of $8.75.

What is the overall NG consensus from analysts for NovaGold Resources Inc.?

The overall analyst consensus for NG is bullish. Out of 1 Wall Street analysts, 8 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $13.19.

How accurate are NG stock price projections?

Stock price projections, including those for NovaGold Resources Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: May 10, 2026 9:51 PM UTC
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