Newmont Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Newmont stock has a consensus rating of "Buy" and an average price target of $131.39. The average 1-year stock price forecast is 11.57% higher than the current stock price, while the lowest is $67 (-43.10%) and the highest is $168 (+42.66%).

Price Target: $131.39 (+11.57%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$67	$131.39	$131	$168
Change	-43.10%	+11.57%	+11.24%	+42.66%

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

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	13	13	13	13	15	15
Buy	5	4	5	5	5	5
Hold	2	3	3	3	2	2
Sell	0	1	1	1	1	0
Strong Sell	1	0	0	0	0	1
Total	21	21	22	22	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anita Soni CIBC	CIBC	Buy Reiterates $168 → $170	Buy	Reiterates	$168 → $170	+44.36%	Aug 14, 2026
Richard Garchitorena Barclays	Barclays	Buy Maintains $124	Buy	Maintains	$124	+5.30%	Aug 13, 2026
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $147 → $149	Hold	Maintains	$147 → $149	+26.53%	Aug 12, 2026
Matt Murphy BMO Capital	BMO Capital	Buy Maintains $135	Buy	Maintains	$135	+14.64%	Aug 11, 2026
Alexandra Yates Argus Research	Argus Research	Buy Maintains $125 → $110	Buy	Maintains	$125 → $110	-6.59%	Jul 31, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.75B

from 22.67B

17.99%

from 22.67B

Revenue Next Year

29.01B

from 26.75B

8.45%

from 26.75B

EPS This Year

9.35

from 6.89

35.70%

from 6.89

EPS Next Year

10.51

from 9.35

12.37%

from 9.35

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	12.22B	11.92B	11.81B	18.68B	22.67B	26.75B
Revenue Growth	6.31%	-2.51%	-0.86%	58.16%	21.34%	17.99%
Gross Profit	4.94B	4.53B	3.58B	9.39B	14.34B	18.52B
Gross Margin	40.43%	37.99%	30.31%	50.27%	63.24%	69.23%
Operating Income	2.00B	1.61B	710.00M	5.91B	11.01B	14.73B
Net Income	1.17B	-429.00M	-2.49B	3.35B	7.09B	10.32B
EPS	-	-	-	-	6.89	9.35
EPS Growth	-	-	-	-	97.99%	35.70%
Forward PE	21.70	24.34	17.06	10.49	12.85	12.59
Dividend / Share	2.20	2.05	1.45	1.00	1.01	1.05
Dividend Growth	51.72%	-6.82%	-29.27%	-31.03%	1.00%	3.71%
Free Cash Flow	1.75B	1.40B	-563.13M	1.52B	9.50B	9.23B
No. Analysts	-	-	-	-	-	19

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	31.9B
Avg	26.7B
Low	24.5B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	40.9%
Avg	18.0%
Low	8.1%

EPS Forecast

Chart

EPS	2026	2027	2028
High	12.53
Avg	9.35
Low	8.59

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	81.8%
Avg	35.7%
Low	24.7%