Newmont Corporation (NEM)

Newmont Stock Forecast

Stock Price Forecast

The 9 analysts that cover Newmont stock have a consensus rating of "Strong Buy" and an average price target of $99.33, which forecasts a -8.43% decrease in the stock price over the next year. The lowest target is $72 and the highest is $125.

Price Target: $99.33 (-8.43%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$72	$99.33	$104	$125
Change	-33.62%	-8.43%	-4.12%	+15.24%

* Price targets were last updated on Dec 1, 2025.

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	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	4	3	4	4	4	4
Buy	2	3	5	5	4	4
Hold	3	3	1	1	1	1
Sell	1	1	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	11	11	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Major UBS	UBS	Strong Buy Maintains $106 → $125	Strong Buy	Maintains	$106 → $125	+15.24%	Dec 1, 2025
Tanya Jakusconek Scotiabank	Scotiabank	Hold → Buy Upgrades $72 → $114	Hold → Buy	Upgrades	$72 → $114	+5.10%	Oct 23, 2025
Daniel Major UBS	UBS	Strong Buy Maintains $92 → $106	Strong Buy	Maintains	$92 → $106	-2.74%	Oct 16, 2025
Michael Jalonen B of A Securities	B of A Securities	Strong Buy Maintains $105 → $115	Strong Buy	Maintains	$105 → $115	+6.02%	Oct 16, 2025
Alexander Hacking Citigroup	Citigroup	Strong Buy Maintains $74 → $104	Strong Buy	Maintains	$74 → $104	-4.12%	Oct 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

22.11B

Increased by 18.33%

from 18.68B

Revenue Next Year

24.76B

Increased by 12.01%

from 22.11B

EPS This Year

6.39

Increased by 118.96%

from 2.92

EPS Next Year

8.00

Increased by 25.16%

from 6.39

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	22.11B	24.76B
Revenue Growth	18.04%	6.31%	-2.51%	-0.86%	58.16%	18.33%	12.01%
EPS	3.51	1.46	-0.54	-2.97	2.92	6.39	8.00
EPS Growth	-7.87%	-58.45%	-	-	-	118.96%	25.16%
Forward PE	-	-	-	-	-	16.97	13.56
No. Analysts	-	-	-	-	-	24	24

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	23.7B	29.2B
Avg	22.1B	24.8B
Low	20.3B	19.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	27.1%	32.2%
Avg	18.3%	12.0%
Low	8.4%	-10.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	7.37	10.97
Avg	6.39	8.00
Low	5.92	5.49

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	152.5%	71.7%
Avg	119.0%	25.2%
Low	102.8%	-14.1%

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.