Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ NovaGold Resources Inc. (NG) Stock Forecast & Price Prediction Canada | NYSE | Basic Materials | Gold
$8.75
+0.23 (2.70%)Did NG Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Novagold is one of their latest high-conviction picks.
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.
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 |
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. 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%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Develops precious metals projects, primarily gold.
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.
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.
Basic Materials
Gold
12
Mr. Gregory A. Lang
Canada
2003
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.
NovaGold's undervaluation and strong project leverage signal potential for price appreciation. Upcoming feasibility study could drive interest and investment, impacting stock performance positively.
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.
Falling natural gas and oil prices signal reduced demand and potential oversupply, impacting energy sector profitability and influencing investment strategies.
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.
The upcoming annual meeting will address key governance issues, director elections, and strategic updates, impacting investor confidence and future stock performance.
Wall Street analysts project a 37.4% potential upside for Novagold (NG), supported by positive earnings estimate revisions.
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.
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.
The earnings call provides insights into NovaGold's financial performance, operational updates, and future prospects, impacting stock valuation and investor sentiment.
The company completed an upsized bought deal private placement, raising approximately $294 million in net proceeds, which enhances its balance sheet.
A strengthened balance sheet and significant capital raise enhance financial stability, support growth initiatives, and reduce debt, potentially boosting investor confidence and stock value.
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.
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.
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.
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.
The highest price target for NG is $14.03 from at , which represents a 60.4% increase from the current price of $8.75.
The lowest price target for NG is $12.50 from at , which represents a 42.9% increase from the current price of $8.75.
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.
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.
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.