Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
98.99
-0.72 (-0.72%)
At close: Jun 8, 2026, 4:00 PM EDT
99.78
+0.79 (0.80%)
Pre-market: Jun 9, 2026, 6:14 AM EDT
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 $141.74. The average 1-year stock price forecast is 43.19% higher than the current stock price, while the lowest is $72 (-27.27%) and the highest is $175 (+76.79%).
Price Target: $141.74 (+43.19%)
Analyst Consensus: Buy
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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $160 → $140 | Buy | Maintains | $160 → $140 | +41.43% | Jun 4, 2026 |
| CIBC | CIBC | Buy Maintains $176 → $175 | Buy | Maintains | $176 → $175 | +76.79% | Jun 1, 2026 |
| Barclays | Barclays | Buy Initiates $133 | Buy | Initiates | $133 | +34.36% | May 21, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $125 | Buy | Maintains | $125 | +26.38% | Apr 29, 2026 |
| TD Cowen | TD Cowen | Hold Maintains $116 → $129 | Hold | Maintains | $116 → $129 | +30.32% | Apr 27, 2026 |
Financial Forecast
Revenue This Year
28.89B
from 22.67B
Increased by 27.43%
Revenue Next Year
30.48B
from 28.89B
Increased by 5.53%
EPS This Year
10.29
from 6.89
Increased by 49.34%
EPS Next Year
11.38
from 10.29
Increased by 10.61%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 34.0B | ||
| Avg | 28.9B | ||
| Low | 26.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 50.2% | ||
| Avg | 27.4% | ||
| Low | 16.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 13.35 | ||
| Avg | 10.29 | ||
| Low | 8.73 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 93.7% | ||
| Avg | 49.3% | ||
| Low | 26.7% |