Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
61.51
+0.09 (0.15%)
At close: Jul 24, 2025, 4:00 PM
63.95
+2.44 (3.97%)
After-hours: Jul 24, 2025, 7:59 PM EDT
Newmont Stock Forecast
Stock Price Forecast
The 11 analysts that cover Newmont stock have a consensus rating of "Buy" and an average price target of $62, which forecasts a 0.8% increase in the stock price over the next year. The lowest target is $50 and the highest is $74.
Price Target: $62 (+0.8%)
Analyst Consensus: Buy
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 5 | 5 | 4 | 4 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 13 | 13 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $60 → $74 | Hold | Maintains | $60 → $74 | +20.31% | Jul 15, 2025 |
| Stifel | Stifel | Strong Buy Initiates $73 | Strong Buy | Initiates | $73 | +18.68% | Jul 9, 2025 |
| UBS | UBS | Strong Buy Maintains $60 → $68 | Strong Buy | Maintains | $60 → $68 | +10.55% | Jul 3, 2025 |
| UBS | UBS | Hold → Strong Buy Upgrades $50 → $60 | Hold → Strong Buy | Upgrades | $50 → $60 | -2.45% | Apr 11, 2025 |
| Raymond James | Raymond James | Buy Maintains $54 → $63 | Buy | Maintains | $54 → $63 | +2.42% | Apr 4, 2025 |
Financial Forecast
Revenue This Year
19.93B
from 18.68B
Increased by 6.66%
Revenue Next Year
19.79B
from 19.93B
Decreased by -0.71%
EPS This Year
4.78
from 2.92
Increased by 63.59%
EPS Next Year
4.96
from 4.78
Increased by 3.77%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 22.5B | 23.4B | 25.7B | |
| Avg | 19.9B | 19.8B | 19.7B | |
| Low | 17.6B | 16.9B | 16.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 20.3% | 17.4% | 30.0% | |
| Avg | 6.7% | -0.7% | -0.6% | |
| Low | -5.6% | -15.4% | -18.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.87 | 7.65 | 7.58 | ||
| Avg | 4.78 | 4.96 | 4.84 | ||
| Low | 3.59 | 2.91 | 2.72 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 101.1% | 60.3% | 53.0% | ||
| Avg | 63.6% | 3.8% | -2.3% | ||
| Low | 22.9% | -39.0% | -45.2% |
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.