NovaGold Resources Inc.

NGNYSEAMERICANMaterialsGold

$6.01- (-)1Y −26.85%

As of Oct 23, 2026 close

Market cap: $2.64B
P/E (TTM): -
Forward P/E: -
Dividend yield: -
52-week range: $5.08$14.40
Volume (live): -
Avg. volume (3M): 4.99M

NovaGold Resources Inc. (NG) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for NovaGold Resources Inc. stock.

Analyst Consensus Rating

Investment consensus from 5 professional research analysts

Consensus Rating

Buy

Based on 5 unique analysts

Medium Confidence∞:1 Buy/Sell

Average Price Target

$13.30

+121.30% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest NG Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 7, 2026	Carlos De Alba	Morgan Stanley	Maintains	Buy	$13.00
Sep 15, 2026	Harrison Reynolds	RBC Capital	Maintains	Buy	$14.00
Aug 20, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Aug 4, 2026	Ahmed Farman	Jefferies	Reiterates	Hold	$17.22
Aug 3, 2026	Soundarya Iyer	B Riley	Initiates	Buy	$13.00 → $9.00 −4.00 (−30.8%)

Carlos De Alba

Morgan Stanley

BuyMaintains

$13.00

Oct 7

Harrison Reynolds

RBC Capital

BuyMaintains

$14.00

Sep 15

Zacks Equity Research

HoldInitiates Coverage

Aug 20

Ahmed Farman

Jefferies

HoldReiterates

$17.22

Aug 4

Soundarya Iyer

B Riley

BuyInitiates

$13.00 → $9.00

Aug 3

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 7, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for NG?

The analyst consensus rating for NG is Buy, based on the latest ratings from 5 analysts over the last 90 days.

What is the average price target for NG?

The average 12-month price target for NG is $13.30, representing an upside of 121.3% from the Oct 23, 2026 close of $6.01.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.