New Gold Inc. (NGD)

New Gold Stock Forecast

Stock Price Forecast

According to 2 professional analysts, the 12-month price target for New Gold stock ranges from a low of $8.00 to a high of $9.50. The average analyst price target of $8.75 forecasts a 13.78% increase in the stock price over the next year.

Price Target: $8.75 (+13.78%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$8.00	$8.75	$9.50	$9.50
Change	+4.03%	+13.78%	+23.54%	+23.54%

* Price targets were last updated on Oct 23, 2025.

Analyst Ratings

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

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	0	0	0	0	0	0
Buy	3	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $5.5 → $8	Buy	Maintains	$5.5 → $8	+4.03%	Oct 23, 2025
Anita Soni CIBC	CIBC	Buy Maintains $6.5 → $9.5	Buy	Maintains	$6.5 → $9.5	+23.54%	Oct 10, 2025
Anita Soni CIBC	CIBC	Buy Maintains $5.5 → $6.25	Buy	Maintains	$5.5 → $6.25	-18.73%	Jul 15, 2025
Anita Soni CIBC	CIBC	Buy Maintains $3.4 → $4.75	Buy	Maintains	$3.4 → $4.75	-38.23%	May 8, 2025
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $4.25 → $4.75	Buy	Maintains	$4.25 → $4.75	-38.23%	Apr 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.50B

Increased by 62.14%

from 924.50M

Revenue Next Year

2.36B

Increased by 57.44%

from 1.50B

EPS This Year

0.62

Increased by 356.98%

from 0.14

EPS Next Year

1.17

Increased by 87.27%

from 0.62

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	643.40M	745.50M	604.40M	786.50M	924.50M	1.50B	2.36B
Revenue Growth	2.03%	15.87%	-18.93%	30.13%	17.55%	62.14%	57.44%
EPS	-0.12	0.21	-0.10	-0.09	0.14	0.62	1.17
EPS Growth	-	-	-	-	-	356.98%	87.27%
Forward PE	-	-	-	-	-	12.34	6.59
No. Analysts	-	-	-	-	-	9	9

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	1.6B	2.6B
Avg	1.5B	2.4B
Low	1.4B	2.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	70.0%	76.5%
Avg	62.1%	57.4%
Low	55.3%	41.8%

EPS Forecast

EPS	2025	2026	2027	2028
High	0.77	1.55
Avg	0.62	1.17
Low	0.51	0.85

EPS Growth

EPS Growth	2025	2026	2027	2028
High	462.0%	149.3%
Avg	357.0%	87.3%
Low	273.6%	36.8%

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.