Novagold Resources receives consensus Buy rating from analysts

Novagold Resources Inc. has received a consensus “Buy” recommendation from nine covering brokerage firms. Among these, seven analysts issued a buy rating, one issued a strong buy, and one provided a hold recommendation. The average 12-month price target for the stock is $12.42. Recent analyst activity includes B. Riley Financial initiating coverage with a “buy” rating and a $9.00 target, while Morgan Stanley maintained an “overweight” rating with a price objective of $13.60.

The company is scheduled to release its third-quarter 2026 financial results before the market opens on October 8, 2026. Following the release, management will host a video webcast and conference call at 8:00 am PT to discuss the results.