New Gold Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for New Gold stock have an average target of 11.13, with a low estimate of 9.50 and a high estimate of 12.75. The average target predicts a decrease of -0.98% from the current stock price of 11.24.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.50	$11.13	$12.75	$12.75
Change	-15.48%	-0.98%	+13.43%	+13.43%

* Price targets were last updated on Jan 26, 2026.

Analyst Ratings

The average analyst rating for New Gold stock from 2 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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	0	0	0	0	0	0
Buy	2	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	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $11 → $13	Buy	Maintains	$11 → $13	+13.43%	Jan 26, 2026
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $5.5 → $8	Buy	Maintains	$5.5 → $8	-28.83%	Oct 23, 2025
Anita Soni CIBC	CIBC	Buy Maintains $6.5 → $9.5	Buy	Maintains	$6.5 → $9.5	-15.48%	Oct 10, 2025
Anita Soni CIBC	CIBC	Buy Maintains $5.5 → $6.25	Buy	Maintains	$5.5 → $6.25	-44.40%	Jul 15, 2025
Anita Soni CIBC	CIBC	Buy Maintains $3.4 → $4.75	Buy	Maintains	$3.4 → $4.75	-57.74%	May 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.49B

from 924.50M

61.06%

from 924.50M

Revenue Next Year

2.43B

from 1.49B

62.93%

from 1.49B

EPS This Year

0.62

from 0.14

354.87%

from 0.14

EPS Next Year

1.17

from 0.62

88.14%

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	1.49B	2.43B
Revenue Growth	2.03%	15.87%	-18.93%	30.13%	17.55%	61.06%	62.93%
EPS	-0.12	0.21	-0.10	-0.09	0.14	0.62	1.17
EPS Growth	-	-	-	-	-	354.87%	88.14%
Forward PE	-	-	-	-	-	18.12	9.63
No. Analysts	-	-	-	-	-	9	9

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

Revenue Forecast

Revenue	2025	2026
High	1.6B	2.7B
Avg	1.5B	2.4B
Low	1.4B	2.1B

Revenue Growth

Revenue Growth	2025	2026
High	70.0%	82.5%
Avg	61.1%	62.9%
Low	54.8%	42.8%

EPS Forecast

EPS	2025	2026
High	0.75	1.55
Avg	0.62	1.17
Low	0.51	0.85

EPS Growth

EPS Growth	2025	2026
High	446.6%	150.5%
Avg	354.9%	88.1%
Low	273.6%	37.4%

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.