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NEM Stock Forecast: Newmont Corp. Price Predictions for 2026-2027

Last close, 18 Sept 2026
$123
−0.79% on the day

The 23 Wall Street analysts covering Newmont Corp. hold a median 12-month price target of $135 — +9.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 92 of 100 as at 19 Sept 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$130.0B
Ticker Nerd rank
92 / 100
Median analyst target
$135
Analysts covering
23
Revenue$6.1B+15.1% y/y
Operating income$3.2B
Net income$2.3B
Free cash flow$2.2B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−2.7%
1M
+6.6%
YTD
+24.4%
1Y
+59.0%
From 52W high
−8.5%
From 52W low
+59.0%
$78
$135
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NEM stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Newmont Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 19 Sept 2026
92 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
98
Quality
97
Value
97
Issuance
88
Momentum
86
Growth
66
Accruals
65
Revisions
45
Size
2

Volatility (98): The share price has been relatively steady.

Revisions (45): Analysts have, on balance, been cutting their forecasts.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

NEM stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NEM, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$60$80$100$120$140$160$180Oct 25Jan 26Apr 26Jul 26NEMHigh $170Median $135Low $67

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says23 analysts
20 Buy2 Hold1 Sell
Low $67Median $135High $170

The green dot is the last close — the median target sits +9.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 8 moved it down.

DateFirmActionRatingTarget
16 Sept 2026RBC CapitalMaintainsOutperform$135 → $155
9 Sept 2026BernsteinMaintainsOutperform$147 → $144
12 Aug 2026ScotiabankMaintainsSector Outperform—
12 Aug 2026ScotiabankMaintainsSector Outperform$147 → $149
28 July 2026BarclaysMaintainsOverweight—
28 July 2026BarclaysMaintainsOverweight$125 → $124
16 July 2026BarclaysMaintainsOverweight$133 → $125
16 July 2026BarclaysMaintainsOverweight—
14 July 2026ScotiabankMaintainsSector Outperform—
14 July 2026ScotiabankMaintainsSector Outperform$151 → $147
14 July 2026TD CowenUpgradeBuy$129 → $127
14 July 2026TD CowenUpgradeBuy—
9 July 2026B of A SecuritiesMaintainsBuy—
9 July 2026B of A SecuritiesMaintainsBuy$157 → $132
9 July 2026RBC CapitalMaintainsOutperform—
9 July 2026RBC CapitalMaintainsOutperform$140 → $135
6 July 2026JefferiesMaintainsBuy$158 → $146
6 July 2026JefferiesMaintainsBuy—
30 June 2026UBSMaintainsBuy—
22 May 2026BarclaysInitiatesOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NEM appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

NEM vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 18 Sept 2026, Newmont Corp. returned +59.0% against +16.3% for the S&P 500, dividends included.

NEM vs S&P 500, last 12 monthsTotal return, rebased to 100
100120140160180Oct 25Jan 26Apr 26Jul 26NEMS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

NEM analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−12.1%
Analysts raising
5
Analysts cutting
5
Fundamentals

Newmont Corp. (NEM) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
15.5×

Cheaper than 45% of US stocks

Price / sales
5.0×

Cheaper than 24% of US stocks

Price / book
3.7×

Cheaper than 27% of US stocks

EV / EBITDA
7.4×

Cheaper than 47% of US stocks

Growth & margins
Revenue growth (YoY)
15.1%

Higher than 62% of US stocks

Earnings growth (YoY)
6.8%

Higher than 43% of US stocks

Gross margin
56.0%

Higher than 69% of US stocks

Operating margin
51.6%

Higher than 97% of US stocks

Net margin
33.4%

Higher than 92% of US stocks

Returns & dividend
Return on equity
25.9%

Higher than 85% of US stocks

Return on assets
15.8%

Higher than 97% of US stocks

Dividend yield
0.8%

Higher than 17% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Newmont Corp. (NEM) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Newmont Corp. has a market value of $130.0B and an enterprise value of $126.8B.

  • Revenue in the twelve months to 30 June 2026: $25.8B. The latest quarter grew 15.1% year on year.

  • Net income over the same four quarters: $8.8B, a 34.0% net margin.

  • Diluted earnings per share, trailing twelve months: $7.93.

  • Free cash flow in the twelve months to 30 June 2026: $9.7B, after $2.7B of capital spending.

  • Newmont Corp. spent $4.4B on share buybacks and $1.1B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 1.1B.

  • Trailing P/E: 15.5×; forward P/E: 12.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.84%, paying out 13% of earnings.

  • Newmont Corp. employs 17,500 people — $1.5M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 19 Sept 2026

Data provided by Twelve Data

Peers

NEM vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelGold
CompanyMarket capTKN rank
NEMNewmont Corp.$130.0B
92
AEMAgnico Eagle Mines Ltd.$99.9B
82
AUAnglogold Ashanti Plc$52.1B
93
KGCKinross Gold Corp.$33.3B
88
RGLDRoyal Gold, Inc.$21.1B
54
CDECoeur Mining, Inc.$20.4B
49
EQXEquinox Gold Corp.$14.5B
86

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Newmont Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest NEM news & analysis

Newmont: Improved Prospects Overwhelm Rising Risks

Seeking Alpha · 21 Sept 2026positive

Newmont has appreciated over 30% since July, supported by strong H1 2026 results despite recent weakness in the gold price. The article notes that improved adjusted net income margins and gold price trends lead to an upgraded financial outlook for the company.

Why it matters — NEM watchers would care because the article indicates Newmont's improved profitability and earnings outlook, pointing to substantial potential upside for the stock in 2026.

Newmont price target raised by UBS on capital returns outlook

Proactive Investors · 18 Sept 2026positive

UBS raised its price target on Newmont, reaffirming the company as its preferred large-cap gold miner, citing clarity on capital returns and a path to growing production per share. The August resolution of the potential Fourmile project payment to Barrick removed a key overhang on Newmont's investment case.

Why it matters — The price-target increase and removal of the Barrick-related overhang signal improved visibility on Newmont's capital returns and growth outlook for investors following the stock.

Why Newmont Stock Just Popped

The Motley Fool · 17 Sept 2026negative

The U.S. Federal Reserve raised interest rates for the first time in three years, setting a new target range of 3.75% to 4%, which makes savings more attractive than gold.

Why it matters — Higher interest rates reduce the appeal of gold relative to savings, which can weigh on Newmont as a gold producer.

Newmont Corporation (NEM) Registers a Bigger Fall Than the Market: Important Facts to Note

Zacks Investment Research · 16 Sept 2026negative

In its latest trading session, Newmont Corporation closed at $121.76, down 1.96% from the previous day, a fall greater than that of the broader market. The report highlights this sharper decline relative to market performance.

Why it matters — A NEM watcher would track this because the stock's larger-than-market decline in the session signals recent price weakness for the company.

Why Newmont Mining Stock Slipped Today

The Motley Fool · 16 Sept 2026negative

Newmont Mining stock slipped today as investors showed little appetite for buying or holding precious metals, a trend that tends to emerge when interest rates are hiked.

Why it matters — Because a pullback in precious-metal demand, driven by interest rate hikes, can pressure Newmont's share price.

FAQ

Frequently asked questions about NEM stock

What is the NEM stock price forecast for 2026-2027?

The 23 Wall Street analysts covering Newmont Corp. have a median 12-month price target of $135, with estimates ranging from $67 to $170. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is NEM stock a buy right now?

Of the 23 analysts covering Newmont Corp., 20 rate it a Buy, 2 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Newmont Corp. 92 out of 100 across roughly 4,600 US stocks as at 19 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NEM?

As at 19 Sept 2026, Newmont Corp. ranks 92 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (98 of 100).

Will NEM stock go up?

No one can know that. What the data says: the median 12-month target from 23 analysts implies +9.4% from the last close, and Ticker Nerd's factor model ranks Newmont Corp. 92 out of 100 as at 19 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NEM stock forecast for 2030?

No analyst covering Newmont Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NEM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $67 to $170 over the next 12 months.

How has NEM stock performed over the past year?

Newmont Corp. returned +59.0% over the 12 months to 18 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Newmont Corp. do?

Newmont Corporation is a global gold mining company and a producer of copper, silver, zinc, and lead. It focuses on the exploration, production, processing, and refining of precious and base metals through a portfolio of mining operations and development assets across North America, South America, Australia, Africa, and Papua New Guinea.

What is the latest news on NEM?

The most recent item we track (Seeking Alpha, 21 Sept 2026): "Newmont: Improved Prospects Overwhelm Rising Risks". Newmont has appreciated over 30% since July, supported by strong H1 2026 results despite recent weakness in the gold price. The article notes that improved adjusted net income margins and gold price trends lead to an upgraded financial outlook for the company.

Company

About Newmont Corp.

Newmont Corporation is a global gold mining company and a producer of copper, silver, zinc, and lead. It focuses on the exploration, production, processing, and refining of precious and base metals through a portfolio of mining operations and development assets across North America, South America, Australia, Africa, and Papua New Guinea. The company supplies metals used in jewelry, industrial applications, electronics, construction, and broader manufacturing supply chains. Newmont Corporation’s business is centered on large-scale open-pit and underground mining, as well as related processing activities that convert ore into marketable concentrates and refined products. Headquartered in Denver, Colorado, Newmont Corporation plays a prominent role in the global mining sector as a diversified operator with a strong emphasis on gold and byproduct metals.

CEO Ms. Natascha Viljoen BEng (PrEng), EMBA · 17,500 employees · United States · https://www.newmont.com