Newmont Corporation (NEM) Stock Forecast
Data as of Nov 1, 2026Basic Materials · Current price $105.37 (-5.77%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Apr 16, 2026 | Shane Nagle | National Bank | $130.00 | +23.4% |
| Feb 20, 2026 | Matthew Murphy | BMO Capital | $140.00 | +32.9% |
| Dec 7, 2025 | Fahad Tariq | Jefferies | $120.00 | +13.9% |
| Dec 1, 2025 | Daniel Major | UBS | $125.00 | +18.6% |
| Oct 24, 2025 | Brian MacArthur | Raymond James | $99.00 | -6.0% |
| Oct 10, 2025 | Brian MacArthur | Raymond James | $96.00 | -8.9% |
| Sep 9, 2025 | Josh Wolfson | RBC Capital | $95.00 | -9.8% |
| Sep 1, 2025 | Andrew Bowler | Macquarie | $72.00 | -31.7% |
| Jul 15, 2025 | Anita Soni | CIBC | $74.00 | -29.8% |
| Apr 25, 2025 | John Eade | Argus Research | $63.00 | -40.2% |
| Oct 30, 2024 | Daniel Major | UBS | $54.00 | -48.8% |
| Oct 24, 2024 | Josh Wolfson | RBC Capital | $53.00 | -49.7% |
| Oct 4, 2024 | Matthew Murphy | Jefferies | $63.00 | -40.2% |
| Sep 10, 2024 | Matthew Murphy | Jefferies | $54.00 | -48.8% |
| Aug 29, 2024 | John Eade | Argus Research | $58.00 | -45.0% |
| Aug 19, 2024 | Tanya Jakusconek | Scotiabank | $59.00 | -44.0% |
| Jul 25, 2024 | Jackie Przybylowski | BMO Capital | $57.00 | -45.9% |
| Jul 10, 2024 | Anita Soni | CIBC | $61.00 | -42.1% |
| Jun 17, 2024 | Daniel Major | UBS | $50.00 | -52.5% |
| May 23, 2024 | Tanya Jakusconek | Scotiabank | $48.00 | -54.4% |
Top Analysts Covering NEM
NEM vs Sector & Market
| Metric | NEM | Basic Materials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.07 | 2.34 | 2.41 |
| Analyst Count | 15 | 7 | 19 |
| Target Upside | +28.6% | +577.5% | +21.5% |
| P/E Ratio | 13.63 | -9.28 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $26.46B | $28.39B | $30.08B | 11 |
| 2027-06-30 | $7.18B | $7.92B | $8.75B | 2 |
| 2027-09-30 | $7.21B | $7.95B | $8.78B | 2 |
| 2027-12-31 | $7.20B | $7.95B | $8.78B | 3 |
| 2028-03-31 | $6.29B | $6.94B | $7.66B | 2 |
| 2028-06-30 | $6.19B | $6.83B | $7.54B | 1 |
| 2028-09-30 | $5.85B | $6.46B | $7.14B | 1 |
| 2028-12-31 | $5.77B | $6.37B | $7.03B | 2 |
| 2029-03-31 | $10.28B | $11.35B | $12.53B | 3 |
| 2029-12-31 | $27.95B | $31.55B | $36.65B | 12 |
| 2030-12-31 | $22.97B | $25.92B | $30.12B | 6 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $8.49 | $9.83 | $10.87 | 9 |
| 2027-06-30 | $2.76 | $3.14 | $3.57 | 1 |
| 2027-09-30 | $2.87 | $3.27 | $3.72 | 1 |
| 2027-12-31 | $2.93 | $3.34 | $3.79 | 1 |
| 2028-03-31 | $2.34 | $2.67 | $3.03 | 2 |
| 2028-06-30 | $2.30 | $2.63 | $2.98 | 2 |
| 2028-09-30 | $2.15 | $2.45 | $2.78 | 2 |
| 2028-12-31 | $2.11 | $2.41 | $2.74 | 2 |
| 2029-03-31 | $1.89 | $2.15 | $2.45 | 1 |
| 2029-12-31 | $8.78 | $10.31 | $12.47 | 1 |
| 2030-12-31 | $7.93 | $9.31 | $11.26 | 1 |
Frequently Asked Questions
What is the analyst consensus for NEM?
The consensus among 15 analysts covering Newmont Corporation (NEM) is Buy with an average price target of $136.83.
What is the highest price target for NEM?
The highest price target for NEM is $140.00, set by Matthew Murphy at BMO Capital on 2026-02-20.
What is the lowest price target for NEM?
The lowest price target for NEM is $48.00, set by Tanya Jakusconek at Scotiabank on 2024-05-23.
How many analysts cover NEM?
15 analysts have issued ratings for Newmont Corporation in the past 12 months.
Is NEM a buy or sell right now?
Based on 15 analyst ratings, NEM has a consensus rating of Buy (2.07/5) with a +28.6% upside to the consensus target of $136.83.
What are the earnings estimates for NEM?
Analysts estimate NEM will report EPS of $9.83 for the period ending 2026-12-31, with revenue estimated at $28.39B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.