# Nouveau Monde (NMG) — Analyst Forecast

NMG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nmg/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 6 | 0 | 0 | 6 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $1.48 | $2.81 | $4.50 | 3 |

Last price $0.98 (as of Oct 15, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 1, 2026 | Freedom Broker | Initiated Coverage | Hold | $1.48 |
| Sep 2, 2026 | Jefferies | Initiated Coverage | Buy | $2.45 |
| Aug 24, 2026 | HC Wainwright & Co. | Maintained | Buy | $4.50 |
| May 21, 2026 | HC Wainwright & Co. | Maintained | Buy | $4.50 |
| Jan 30, 2026 | HC Wainwright & Co. | Maintained | Buy | $5.50 |
| Jan 20, 2026 | Maxim Group | Initiated Coverage | Buy | $6.00 |
| Oct 15, 2025 | HC Wainwright & Co. | Maintained | Buy | $7.50 |
| Apr 1, 2025 | HC Wainwright & Co. | Maintained | Buy | $2.75 |
| Mar 26, 2025 | Roth MKM | Maintained | Buy | $2.40 |
| Dec 17, 2024 | HC Wainwright & Co. | Maintained | Buy | $3.00 |
| Sep 4, 2024 | HC Wainwright & Co. | Maintained | Buy | $3.00 |
| May 30, 2024 | HC Wainwright & Co. | Maintained | Buy | $3.25 |
| Nov 13, 2023 | HC Wainwright & Co. | Maintained | Buy | $8.00 |
| Aug 23, 2023 | HC Wainwright & Co. | Maintained | Buy | $9.00 |
| May 19, 2023 | HC Wainwright & Co. | Maintained | Buy | $9.00 |

## 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 186.94% upside from the last price of $0.98.

### 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.

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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.

Data provided by [AInvest](https://www.ainvest.com).