Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
118.60
+2.81 (2.43%)
At close: Oct 16, 2026, 4:00 PM EDT
117.93
-0.67 (-0.56%)
After-hours: Oct 16, 2026, 7:59 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 $137. The average 1-year stock price forecast is 15.51% higher than the current stock price, while the lowest is $67 (-43.51%) and the highest is $165 (+39.12%).

Price Target: $137 (+15.51%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$67$137$140$165
Change-43.51%+15.51%+18.04%+39.12%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy131315151515
Buy555555
Hold332222
Sell111000
Strong Sell000111
Total222223232323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
CIBC
CIBC
Buy
Maintains
$170 → $154
BuyMaintains$170 → $154+29.85%Oct 16, 2026
RBC Capital
RBC Capital
Buy
Maintains
$155
BuyMaintains$155+30.69%Oct 14, 2026
Bernstein
Bernstein
Buy
Maintains
$144
BuyMaintains$144+21.42%Sep 21, 2026
UBS
UBS
Buy
Reiterates
$120 → $155
BuyReiterates$120 → $155+30.69%Sep 16, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$111 → $128
BuyMaintains$111 → $128+7.50%Sep 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.72B
from 22.67B
Increased by 17.86%
Revenue Next Year
28.81B
from 26.72B
Increased by 7.84%
EPS This Year
9.13
from 6.89
Increased by 32.57%
EPS Next Year
10.00
from 9.13
Increased by 9.49%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
12.22B11.92B11.81B18.68B22.67B26.72B
Revenue Growth
6.31%-2.51%-0.86%58.16%21.34%17.86%
Gross Profit
4.94B4.53B3.58B9.39B14.34B18.44B
Gross Margin
40.43%37.99%30.31%50.27%63.24%69.03%
Operating Income
2.00B1.61B710.00M5.91B11.01B14.77B
Net Income
1.17B-429.00M-2.49B3.35B7.09B10.42B
EPS
----6.899.13
EPS Growth
----97.99%32.57%
Forward PE
21.7024.3417.0610.4912.8512.98
Dividend / Share
2.202.051.451.001.011.05
Dividend Growth
51.72%-6.82%-29.27%-31.03%1.00%3.68%
Free Cash Flow
----7.30B9.18B
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High31.9B
Avg26.7B
Low24.5B

Revenue Growth

Revenue Growth202620272028
High
40.8%
Avg
17.9%
Low
8.1%

EPS Forecast

EPS202620272028
High9.96
Avg9.13
Low8.69

EPS Growth

EPS Growth202620272028
High
44.6%
Avg
32.6%
Low
26.1%