Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
109.06
-7.27 (-6.25%)
At close: May 15, 2026, 4:00 PM EDT
109.17
+0.11 (0.10%)
After-hours: May 15, 2026, 7:58 PM EDT

Newmont Stock Forecast

Stock Price Forecast

The 12 analysts that cover Newmont stock have a consensus rating of "Strong Buy" and an average price target of $122.08, which forecasts a 11.94% increase in the stock price over the next year. The lowest target is $72 and the highest is $176.

Price Target: $122.08 (+11.94%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$72$122.08$140$176
Change-33.98%+11.94%+28.37%+61.38%

Analyst Ratings

The average analyst rating for Newmont stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy555555
Buy445566
Hold111111
Sell000000
Strong Sell000000
Total101011111212

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Buy
Maintains
$140$145
BuyMaintains$140$145+32.95%Apr 24, 2026
CIBC
CIBC
Buy
Maintains
$177$176
BuyMaintains$177$176+61.38%Apr 21, 2026
UBS
UBS
Strong Buy
Maintains
$150$140
Strong BuyMaintains$150$140+28.37%Mar 27, 2026
Scotiabank
Scotiabank
Buy
Maintains
$152$151
BuyMaintains$152$151+38.46%Mar 20, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$118$150
Strong BuyMaintains$118$150+37.54%Mar 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
29.11B
from 22.67B
Increased by 28.41%
Revenue Next Year
31.12B
from 29.11B
Increased by 6.90%
EPS This Year
10.63
from 6.39
Increased by 66.37%
EPS Next Year
11.61
from 10.63
Increased by 9.20%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
12.22B11.92B11.81B18.68B22.67B29.11B31.12B
Revenue Growth
6.31%-2.51%-0.86%58.16%21.34%28.41%6.90%
EPS
1.46-0.54-2.972.926.3910.6311.61
EPS Growth
-58.45%---118.89%66.37%9.20%
Forward PE
-----10.269.39
No. Analysts
-----2525
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High34.9B41.7B
Avg29.1B31.1B
Low25.3B24.7B

Revenue Growth

Revenue Growth20262027202820292030
High
53.8%
43.1%
Avg
28.4%
6.9%
Low
11.8%
-15.1%

EPS Forecast

EPS20262027202820292030
High14.4318.03
Avg10.6311.61
Low8.088.85

EPS Growth

EPS Growth20262027202820292030
High
125.8%
69.6%
Avg
66.4%
9.2%
Low
26.4%
-16.8%
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 sources.