Newmont Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Newmont stock has a consensus rating of "Buy" and an average price target of $140.17. The average 1-year stock price forecast is 48.31% higher than the current stock price, while the lowest is $72 (-23.82%) and the highest is $175 (+85.17%).

Price Target: $140.17 (+48.31%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$72	$140.17	$140	$175
Change	-23.82%	+48.31%	+48.13%	+85.17%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	12	12	13	13	13	13
Buy	5	5	5	4	5	5
Hold	3	2	2	3	3	3
Sell	0	1	0	1	1	1
Strong Sell	1	1	1	0	0	0
Total	21	21	21	21	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Josh Wolfson RBC Capital	RBC Capital	Buy Maintains $160 → $140	Buy	Maintains	$160 → $140	+48.13%	Jun 4, 2026
Anita Soni CIBC	CIBC	Buy Maintains $176 → $175	Buy	Maintains	$176 → $175	+85.17%	Jun 1, 2026
Richard Garchitorena Barclays	Barclays	Buy Initiates $133	Buy	Initiates	$133	+40.73%	May 21, 2026
Hugo Nicolaci Goldman Sachs	Goldman Sachs	Buy Maintains $125	Buy	Maintains	$125	+32.37%	Apr 29, 2026
Steven Green TD Cowen	TD Cowen	Hold Maintains $116 → $129	Hold	Maintains	$116 → $129	+36.49%	Apr 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

28.54B

from 22.67B

25.89%

from 22.67B

Revenue Next Year

30.39B

from 28.54B

6.51%

from 28.54B

EPS This Year

10.22

from 6.89

48.33%

from 6.89

EPS Next Year

11.35

from 10.22

11.07%

from 10.22

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	28.54B
Revenue Growth	6.31%	-2.51%	-0.86%	58.16%	21.34%	25.89%
Gross Profit	4.94B	4.53B	3.58B	9.39B	14.34B	19.98B
Gross Margin	40.43%	37.99%	30.31%	50.27%	63.24%	70.02%
Operating Income	2.00B	1.61B	710.00M	5.91B	11.01B	15.91B
Net Income	1.17B	-429.00M	-2.49B	3.35B	7.09B	11.13B
EPS	-	-	-	-	6.89	10.22
EPS Growth	-	-	-	-	97.99%	48.33%
Forward PE	21.70	24.34	17.06	10.49	12.85	9.25
Dividend / Share	2.20	2.05	1.45	1.00	1.01	1.03
Dividend Growth	-	-6.82%	-29.27%	-31.03%	1.00%	2.01%
Free Cash Flow	1.75B	1.40B	-563.13M	1.52B	9.50B	10.13B
No. Analysts	-	-	-	-	-	17

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

Revenue Forecast

Revenue	2026	2027	2028
High	34.0B
Avg	28.5B
Low	26.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	50.2%
Avg	25.9%
Low	14.8%

EPS Forecast

EPS	2026	2027	2028
High	13.35
Avg	10.22
Low	8.73

EPS Growth

EPS Growth	2026	2027	2028
High	93.7%
Avg	48.3%
Low	26.7%