Newmont CorporationNEMNYSE
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Analyst Sentiment

Analysts lean bullish — 81% recommend buying.

Consensus Rating
Buy
26 analysts·High coverage
81%
Rating Distribution
Strong Buy
00%
Buy
2181%
Hold
519%
Sell
00%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Current price is 3% above analyst consensus — near fair value expected.

Bear Case
$72.00
-34%
Base Case
$105.59
-3%
Bull Case
$125.00
+15%
Price Range26 analysts
Low
Consensus
High
$72.00
$125.00
Current Target
Current Price
$108.99
Above Target
$3.40

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

2026E$8.29(11 analysts)
P/E17x
Current: 16.6x
Actual
Estimate
Range (Low–High)
Stock Alarm Pro
Forward Growth Estimates (YoY)
FY2027
Rev+2.26%
EPS+9.38%
FY2028
Rev+2.47%
EPS-1.44%
FY2029
Rev-14.19%
EPS-21.53%

Earnings Surprises

Beat rate:58%(7/12 quarters)
Avg surprise:+15.5%
Beat
Miss
Inline
Estimate
Based on reported EPS vs consensus estimate.

Recent Analyst Actions

Dec 29, 2025Raymond James
Newmont price target raised to $111 from $99 at Raymond James
Target:$111.00
+10.5%from $100.47
Dec 7, 2025Jefferies
Newmont price target raised to $120 from $113 at Jefferies
Target:$120.00
+33.7%from $89.76
Dec 5, 2025BNP Paribas
Newmont downgraded to Neutral from Outperform at BNP Paribas Exane
Target:$97.00
+6.9%from $90.72
Dec 1, 2025UBS
Newmont price target raised to $125 from $105.50 at UBS
Target:$125.00
+36.1%from $91.81
Oct 24, 2025Raymond James
Newmont price target raised to $99 from $96 at Raymond James
Target:$99.00
+18.8%from $83.31
Oct 23, 2025Scotiabank
Newmont upgraded to Outperform from Sector Perform at Scotiabank
Target:$114.00
+31.0%from $87.01
Oct 16, 2025UBS
Newmont price target raised to $105.50 from $92 at UBS
Target:$105.50
+12.7%from $93.58
Oct 12, 2025Goldman Sachs
Newmont upgraded to Buy from Neutral at Goldman Sachs
Target:$104.30
+22.5%from $85.14
Oct 10, 2025Raymond James
Newmont price target raised to $96 from $84 at Raymond James
Target:$96.00
+12.7%from $85.21
Oct 10, 2025CIBC
Newmont upgraded to Outperformer from Neutral at CIBC
Target:$112.00
+31.4%from $85.21
Sep 9, 2025RBC Capital
Newmont upgraded to Outperform from Sector Perform at RBC Capital
Target:$95.00
+25.1%from $75.92
Sep 1, 2025Macquarie
Newmont downgraded to Neutral from Outperform at Macquarie
Target:$72.00
-3.2%from $74.40
Jul 15, 2025CIBC
Newmont price target raised to $74 from $60 at CIBC
Target:$74.00
+29.0%from $57.35
Apr 25, 2025Argus Research
Newmont price target raised to $63 from $48 at Argus
Target:$63.00
+17.4%from $53.67
Apr 25, 2025Raymond James
Newmont price target raised to $66 from $63 at Raymond James
Target:$66.00
+22.4%from $53.94
Oct 30, 2024UBS
UBS Downgrades Newmont Mining Corp. (NEM) to Neutral
Target:$54.00
+13.0%from $47.80
Oct 24, 2024RBC Capital
Newmont Mining Corp. (NEM) PT Lowered to $53 at RBC Capital
Target:$53.00
-8.2%from $57.74
Oct 4, 2024Jefferies
Newmont price target raised to $63 from $54 at Jefferies
Target:$63.00
+18.8%from $53.04
Sep 10, 2024Jefferies
Jefferies Reiterates Buy Rating on Newmont Mining Corp. (NEM)
Target:$54.00
+5.3%from $51.30
Aug 29, 2024Argus Research
Argus upgrades Newmont to Buy, sees gold remaining in demand
Target:$58.00
+11.9%from $51.83
Aug 19, 2024Scotiabank
Scotiabank Upgrades Newmont Mining Corp. (NEM) to Sector Outperform
Target:$59.00
+15.3%from $51.19
Jul 25, 2024BMO Capital
Newmont price target raised to $57 from $56 at BMO Capital
Target:$57.00
+19.5%from $47.70
Jul 10, 2024CIBC
Newmont upgraded to Outperformer from Neutral at CIBC
Target:$61.00
+34.5%from $45.35
Jun 17, 2024UBS
UBS Upgrades Newmont Mining Corp. (NEM) to Buy
Target:$50.00
+22.0%from $40.97
May 23, 2024Scotiabank
Newmont price target raised to $48 from $46.50 at Scotiabank
Target:$48.00
+16.3%from $41.28