Newmont Corporation (NEM)

Newmont Stock Forecast

Stock Price Forecast

The 8 analysts that cover Newmont stock have a consensus rating of "Buy" and an average price target of $73.25, which forecasts a -6.91% decrease in the stock price over the next year. The lowest target is $63 and the highest is $95.

Price Target: $73.25 (-6.91%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$63	$73.25	$72	$95
Change	-19.94%	-6.91%	-8.50%	+20.73%

Analyst Ratings

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

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	4	4	4	4	4	3
Buy	4	4	4	2	2	3
Hold	4	4	4	3	3	3
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	13	13	13	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Josh Wolfson RBC Capital	RBC Capital	Hold → Buy Upgrades $66 → $95	Hold → Buy	Upgrades	$66 → $95	+20.73%	Sep 10, 2025
Andrew Bowler Macquarie	Macquarie	Buy → Hold Downgrades $72	Buy → Hold	Downgrades	$72	-8.50%	Sep 2, 2025
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $69 → $72	Hold	Maintains	$69 → $72	-8.50%	Jul 28, 2025
Brian MacArthur Raymond James	Raymond James	Buy Maintains $67 → $69	Buy	Maintains	$67 → $69	-12.31%	Jul 28, 2025
Anita Soni CIBC	CIBC	Hold Maintains $60 → $74	Hold	Maintains	$60 → $74	-5.96%	Jul 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

21.15B

Increased by 13.23%

from 18.68B

Revenue Next Year

21.12B

Decreased by -0.17%

from 21.15B

EPS This Year

5.50

Increased by 88.44%

from 2.92

EPS Next Year

5.51

Increased by 0.10%

from 5.50

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	11.50B	12.22B	11.92B	11.81B	18.68B	21.15B	21.12B
Revenue Growth	18.04%	6.31%	-2.51%	-0.86%	58.16%	13.23%	-0.17%
EPS	3.51	1.46	-0.54	-2.97	2.92	5.50	5.51
EPS Growth	-7.87%	-58.45%	-	-	-	88.44%	0.10%
Forward PE	-	-	-	-	-	14.30	14.29
No. Analysts	-	-	-	-	-	22	22

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	23.3B	25.5B
Avg	21.2B	21.1B
Low	19.6B	17.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	24.5%	20.8%
Avg	13.2%	-0.2%
Low	4.8%	-19.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	6.57	7.25
Avg	5.50	5.51
Low	4.71	2.92

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	125.2%	31.7%
Avg	88.4%	0.1%
Low	61.5%	-46.9%

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.