Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
120.91
+1.20 (1.00%)
At close: Nov 6, 2026, 4:00 PM EST
120.50
-0.41 (-0.34%)
After-hours: Nov 6, 2026, 7:59 PM EST
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 $135.47. The average 1-year stock price forecast is 12.04% higher than the current stock price, while the lowest is $70 (-42.11%) and the highest is $165 (+36.47%).
Price Target: $135.47 (+12.04%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 13 | 15 | 15 | 15 | 14 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 3 | 3 | 2 | 2 | 2 | 3 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 22 | 22 | 23 | 23 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Freedom Capital Markets | Freedom Capital Markets | Hold Maintains $116 → $115 | Hold | Maintains | $116 → $115 | -4.89% | Oct 29, 2026 |
| Argus Research | Argus Research | Buy Maintains $110 → $123 | Buy | Maintains | $110 → $123 | +1.73% | Oct 28, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $149 → $148 | Buy | Maintains | $149 → $148 | +22.41% | Oct 27, 2026 |
| UBS | UBS | Buy Reiterates $155 → $150 | Buy | Reiterates | $155 → $150 | +24.06% | Oct 26, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $155 | Buy | Maintains | $155 | +28.19% | Oct 26, 2026 |
Financial Forecast
Revenue This Year
26.38B
from 22.67B
Increased by 16.35%
Revenue Next Year
27.74B
from 26.38B
Increased by 5.18%
EPS This Year
9.15
from 6.89
Increased by 32.87%
EPS Next Year
10.00
from 9.15
Increased by 9.22%
EPS and Forward PE are based on non-GAAP adjusted numbers.