New Gold Inc. (NGD)

New Gold Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for New Gold stock have an average target of 4.33, with a low estimate of 3.50 and a high estimate of 4.75. The average target predicts an increase of 13.05% from the current stock price of 3.83.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$3.50	$4.33	$4.75	$4.75
Change	-8.62%	+13.05%	+24.02%	+24.02%

Analyst Ratings

The average analyst rating for New Gold stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	0	0	0	0	0	0
Buy	3	3	3	3	3	3
Hold	1	1	1	1	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anita Soni CIBC	CIBC	Buy Maintains $3.4 → $4.75	Buy	Maintains	$3.4 → $4.75	+24.02%	May 8, 2025
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $4.25 → $4.75	Buy	Maintains	$4.25 → $4.75	+24.02%	Apr 14, 2025
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $4 → $4.25	Buy	Maintains	$4 → $4.25	+10.97%	Apr 8, 2025
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $3.5 → $4	Buy	Maintains	$3.5 → $4	+4.44%	Feb 13, 2025
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $2.75 → $3.25	Buy	Maintains	$2.75 → $3.25	-15.14%	Sep 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.23B

Increased by 32.72%

from 924.50M

Revenue Next Year

1.75B

Increased by 42.38%

from 1.23B

EPS This Year

0.39

Increased by 183.23%

from 0.14

EPS Next Year

0.69

Increased by 77.78%

from 0.39

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	643.40M	745.50M	604.40M	786.50M	924.50M	1.23B	1.75B	1.71B
Revenue Growth	2.03%	15.87%	-18.93%	30.13%	17.55%	32.72%	42.38%	-2.35%
EPS	-0.12	0.21	-0.10	-0.09	0.14	0.39	0.69	0.65
EPS Growth	-	-	-	-	-	183.23%	77.78%	-5.39%
Forward PE	-	-	-	-	-	9.91	5.58	5.89
No. Analysts	-	-	-	-	-	9	8	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.4B	2.0B	1.9B
Avg	1.2B	1.7B	1.7B
Low	1.1B	1.5B	1.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	47.6%	59.8%	6.2%
Avg	32.7%	42.4%	-2.3%
Low	19.4%	20.9%	-9.6%

EPS Forecast

EPS	2025	2026	2027
High	0.55	0.87	0.75
Avg	0.39	0.69	0.65
Low	0.26	0.37	0.58

EPS Growth

EPS Growth	2025	2026	2027
High	300.3%	125.6%	8.5%
Avg	183.2%	77.8%	-5.4%
Low	94.0%	-3.6%	-15.8%

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.