Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
109.90
-6.18 (-5.32%)
At close: Apr 28, 2026, 4:00 PM EDT
110.19
+0.29 (0.26%)
After-hours: Apr 28, 2026, 7:59 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 11.08% increase in the stock price over the next year. The lowest target is $72 and the highest is $176.
Price Target: $122.08 (+11.08%)
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 4 | 4 | 5 | 5 | 6 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 10 | 10 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $140 → $145 | Buy | Maintains | $140 → $145 | +31.94% | Apr 24, 2026 |
| CIBC | CIBC | Buy Maintains $177 → $176 | Buy | Maintains | $177 → $176 | +60.15% | Apr 21, 2026 |
| UBS | UBS | Strong Buy Maintains $150 → $140 | Strong Buy | Maintains | $150 → $140 | +27.39% | Mar 27, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $152 → $151 | Buy | Maintains | $152 → $151 | +37.40% | Mar 20, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $118 → $150 | Strong Buy | Maintains | $118 → $150 | +36.49% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
29.21B
from 22.67B
Increased by 28.85%
Revenue Next Year
30.74B
from 29.21B
Increased by 5.24%
EPS This Year
9.70
from 6.39
Increased by 51.75%
EPS Next Year
10.75
from 9.70
Increased by 10.87%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 38.1B | 41.6B | |||
| Avg | 29.2B | 30.7B | |||
| Low | 24.0B | 23.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 68.3% | 42.5% | |||
| Avg | 28.9% | 5.2% | |||
| Low | 5.7% | -19.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 14.24 | 18.11 | |||
| Avg | 9.70 | 10.75 | |||
| Low | 7.53 | 6.58 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 122.8% | 86.8% | |||
| Avg | 51.8% | 10.9% | |||
| Low | 17.8% | -32.1% |
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.