Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
117.24
+4.26 (3.77%)
At close: Aug 10, 2026, 4:00 PM EDT
117.50
+0.26 (0.22%)
After-hours: Aug 10, 2026, 4:00 PM EDT

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 $129.27. The average 1-year stock price forecast is 10.26% higher than the current stock price, while the lowest is $67 (-42.85%) and the highest is $168 (+43.30%).

Price Target: $129.27 (+10.26%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$67$129.27$128$168
Change-42.85%+10.26%+9.18%+43.30%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy121313131314
Buy554555
Hold223332
Sell101111
Strong Sell110000
Total212121222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Argus Research
Argus Research
Buy
Maintains
$125$110
BuyMaintains$125$110-6.18%Jul 31, 2026
CIBC
CIBC
Buy
Reiterates
$175$168
BuyReiterates$175$168+43.30%Jul 28, 2026
Barclays
Barclays
Buy
Reiterates
$125$124
BuyReiterates$125$124+5.77%Jul 28, 2026
RBC Capital
RBC Capital
Buy
Maintains
$135
BuyMaintains$135+15.15%Jul 28, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$132$135
BuyReiterates$132$135+15.15%Jul 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.84B
from 22.67B
Increased by 18.38%
Revenue Next Year
28.97B
from 26.84B
Increased by 7.97%
EPS This Year
9.39
from 6.89
Increased by 36.27%
EPS Next Year
10.57
from 9.39
Increased by 12.55%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
12.22B11.92B11.81B18.68B22.67B26.84B
Revenue Growth
6.31%-2.51%-0.86%58.16%21.34%18.38%
Gross Profit
4.94B4.53B3.58B9.39B14.34B18.71B
Gross Margin
40.43%37.99%30.31%50.27%63.24%69.73%
Operating Income
2.00B1.61B710.00M5.91B11.01B14.68B
Net Income
1.17B-429.00M-2.49B3.35B7.09B10.26B
EPS
----6.899.39
EPS Growth
----97.99%36.27%
Forward PE
21.7024.3417.0610.4912.8512.49
Dividend / Share
2.202.051.451.001.011.05
Dividend Growth
--6.82%-29.27%-31.03%1.00%3.49%
Free Cash Flow
1.75B1.40B-563.13M1.52B9.50B9.25B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High31.9B
Avg26.8B
Low25.5B

Revenue Growth

Revenue Growth202620272028
High
40.9%
Avg
18.4%
Low
12.3%

EPS Forecast

EPS202620272028
High12.53
Avg9.39
Low8.59

EPS Growth

EPS Growth202620272028
High
81.8%
Avg
36.3%
Low
24.7%