Nouveau Monde (NMG) analyst forecast and price target
Analyst forecast
Consensus of 6 analyst ratings
Based on 3 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Freedom Broker | Initiated Coverage | Hold | $1.48 | Oct 1, 2026 |
| Jefferies | Initiated Coverage | Buy | $2.45 | Sep 2, 2026 |
| HC Wainwright & Co. | Maintained | Buy | $4.50 | Aug 24, 2026 |
| HC Wainwright & Co. | Maintained | Buy | $4.50 from $5.50 | May 21, 2026 |
| HC Wainwright & Co. | Maintained | Buy | $5.50 from $7.50 | Jan 30, 2026 |
| Maxim Group | Initiated Coverage | Buy | $6.00 | Jan 20, 2026 |
| HC Wainwright & Co. | Maintained | Buy | $7.50 from $2.75 | Oct 15, 2025 |
| HC Wainwright & Co. | Maintained | Buy | $2.75 from $3.00 | Apr 1, 2025 |
| Roth MKM | Maintained | Buy | $2.40 from $3.00 | Mar 26, 2025 |
| HC Wainwright & Co. | Maintained | Buy | $3.00 | Dec 17, 2024 |
| HC Wainwright & Co. | Maintained | Buy | $3.00 from $3.25 | Sep 4, 2024 |
| HC Wainwright & Co. | Maintained | Buy | $3.25 from $8.00 | May 30, 2024 |
| HC Wainwright & Co. | Maintained | Buy | $8.00 from $9.00 | Nov 13, 2023 |
| HC Wainwright & Co. | Maintained | Buy | $9.00 | Aug 23, 2023 |
| HC Wainwright & Co. | Maintained | Buy | $9.00 from $17.00 | May 19, 2023 |
Frequently asked questions
What is the price target for NMG stock?
The average 12-month analyst price target for Nouveau Monde (NMG) is $2.81, with a high estimate of $4.50 and a low of $1.48, across 3 analysts.
Is NMG a buy, sell, or hold?
Analysts covering Nouveau Monde currently average a Buy rating: 6 buy, 0 hold and 0 sell, from 6 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for NMG?
The average price target of $2.81 implies 172.82% upside from the last price of $1.03.
What is the latest analyst rating on NMG?
On Oct 1, 2026, Freedom Broker initiated coverage of Nouveau Monde at Hold with a price target of $1.48.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.