Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
116.96
+0.67 (0.58%)
At close: Mar 9, 2026, 4:00 PM EDT
116.71
-0.25 (-0.21%)
After-hours: Mar 9, 2026, 5:56 PM EDT
Newmont Stock Forecast
Stock Price Forecast
The 10 analysts that cover Newmont stock have a consensus rating of "Strong Buy" and an average price target of $113.5, which forecasts a -2.96% decrease in the stock price over the next year. The lowest target is $72 and the highest is $157.
Price Target: $113.5 (-2.96%)
Analyst Consensus: Strong Buy
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
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 5 | 5 | 4 | 4 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $118 → $150 | Strong Buy | Maintains | $118 → $150 | +28.25% | Mar 3, 2026 |
| Bernstein | Bernstein | Hold → Buy Upgrades $121 → $157 | Hold → Buy | Upgrades | $121 → $157 | +34.23% | Feb 27, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $114 → $152 | Buy | Maintains | $114 → $152 | +29.96% | Jan 26, 2026 |
| UBS | UBS | Strong Buy Maintains $106 → $125 | Strong Buy | Maintains | $106 → $125 | +6.87% | Dec 1, 2025 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $72 → $114 | Hold → Buy | Upgrades | $72 → $114 | -2.53% | Oct 23, 2025 |
Financial Forecast
Revenue This Year
27.24B
from 22.67B
Increased by 20.18%
Revenue Next Year
28.34B
from 27.24B
Increased by 4.04%
EPS This Year
9.27
from 6.39
Increased by 45.11%
EPS Next Year
10.15
from 9.27
Increased by 9.51%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 32.4B | 33.4B | |||
| Avg | 27.2B | 28.3B | |||
| Low | 23.9B | 23.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 42.9% | 22.6% | |||
| Avg | 20.2% | 4.0% | |||
| Low | 5.5% | -13.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 12.39 | 13.55 | |||
| Avg | 9.27 | 10.15 | |||
| Low | 7.53 | 8.06 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 93.9% | 46.1% | |||
| Avg | 45.1% | 9.5% | |||
| Low | 17.8% | -13.1% |
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.