NEMBasic Materials · GoldThe 23 Wall Street analysts covering Newmont Corp. hold a median 12-month price target of $140 — +18.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 83 of 100 as at 3 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (100): The share price has been relatively steady.
Revisions (44): 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 systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on NEM, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +18.5% from it.
Of the 20 most recent actions, 3 moved their price target up and 9 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 27 Oct 2026 | Scotiabank | Maintains | Sector Outperform | $149 → $148 |
| 22 Oct 2026 | Freedom Broker | Downgrade | Hold | $130 → $116 |
| 20 Oct 2026 | Citigroup | Maintains | Buy | $125 → $140 |
| 19 Oct 2026 | Barclays | Maintains | Overweight | $124 → $123 |
| 19 Oct 2026 | Barclays | Maintains | Overweight | — |
| 16 Sept 2026 | RBC Capital | Maintains | Outperform | $135 → $155 |
| 16 Sept 2026 | RBC Capital | Maintains | Outperform | — |
| 9 Sept 2026 | Bernstein | Maintains | Outperform | $147 → $144 |
| 9 Sept 2026 | Bernstein | Maintains | Outperform | — |
| 12 Aug 2026 | Scotiabank | Maintains | Sector Outperform | — |
| 12 Aug 2026 | Scotiabank | Maintains | Sector Outperform | $147 → $149 |
| 28 July 2026 | Barclays | Maintains | Overweight | — |
| 28 July 2026 | Barclays | Maintains | Overweight | $125 → $124 |
| 16 July 2026 | Barclays | Maintains | Overweight | $133 → $125 |
| 16 July 2026 | Barclays | Maintains | Overweight | — |
| 14 July 2026 | Scotiabank | Maintains | Sector Outperform | — |
| 14 July 2026 | Scotiabank | Maintains | Sector Outperform | $151 → $147 |
| 14 July 2026 | TD Cowen | Upgrade | Buy | — |
| 14 July 2026 | TD Cowen | Upgrade | Buy | $129 → $127 |
| 9 July 2026 | B of A Securities | Maintains | Buy | $157 → $132 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
NEM appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, Newmont Corp. returned +51.1% against +14.8% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 51% of US stocks
Cheaper than 28% of US stocks
Cheaper than 29% of US stocks
Cheaper than 50% of US stocks
Higher than 63% of US stocks
Higher than 69% of US stocks
Higher than 69% of US stocks
Higher than 96% of US stocks
Higher than 92% of US stocks
Higher than 86% of US stocks
Higher than 98% of US stocks
Higher than 70% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $113.4B and an enterprise value of $110.3B.
Revenue in the twelve months to 30 June 2026: $25.8B. The latest quarter grew 15.2% 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.
Trailing P/E: 12.4×; forward P/E: 10.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.97%, paying out 12% of earnings.
Newmont Corp. employs 17,500 people — $1.5M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| NEMNewmont Corp. | $113.4B | 83 |
| AUAnglogold Ashanti Plc | $41.1B | 88 |
| RGLDRoyal Gold, Inc. | $19.6B | 68 |
| CDECoeur Mining, Inc. | $13.9B | 44 |
| AUGOAura Minerals, Inc. | $5.4B | 94 |
| SSRMSSR Mining, Inc. | $5.3B | 87 |
| SCCOSouthern Copper Corp.* | $148.0B | 90 |
* Nearest Basic Materials names by size — few gold companies of this scale trade in the US universe.
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 →
Newmont's strong free cash flow is supporting investment in organic growth projects and incremental shareholder returns. The headline asks whether this momentum will continue into Q4.
Why it matters — Free cash flow and its use in growth projects and shareholder returns are relevant to investors tracking NEM.
Schaeffer's Research headline says Newmont’s stock pullback has historically bullish implications. The excerpt notes that subscribers to its Weekend Trader options service received commentary on NEM alongside a detailed options trade recommendation.
Why it matters — NEM watchers may note the article’s characterization of the pullback, though the excerpt provides no supporting historical details.
Seeking Alpha's Undercovered Dozen features 12 lesser-covered stocks and their investment theses and recent catalysts. The excerpt names i-80 Gold, Hercules Capital and Aya Gold & Silver as Buy or Strong Buy, and Corning and AeroVironment as Hold.
Why it matters — The article includes gold-related companies, offering a point of comparison for readers following Newmont, but it does not discuss NEM.
Zacks Investment Research says users of Zacks.com have recently been watching Newmont (NEM) and suggests reviewing facts that could determine the stock’s prospects.
Why it matters — NEM watchers may find the article relevant as an overview of factors affecting the company’s stock prospects.
Newmont delivered a solid third quarter and remains on track for full-year production guidance, while inflation and higher oil prices are contributing to cost creep. Early indications point to continued cost challenges in 2027; Fourmile and the Red Chris Block Cave upgrade strengthen the long-term portfolio and could support lower costs after 2030.
Why it matters — NEM watchers may weigh near-term cost pressures and the expected royalty and energy impacts against projects that could improve the portfolio and costs over the longer term.
The 23 Wall Street analysts covering Newmont Corp. have a median 12-month price target of $140, with estimates ranging from $70 to $165. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 23 analysts covering Newmont Corp., 19 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Newmont Corp. 83 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 3 Nov 2026, Newmont Corp. ranks 83 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 (100 of 100).
No one can know that. What the data says: the median 12-month target from 23 analysts implies +18.5% from the last close, and Ticker Nerd's factor model ranks Newmont Corp. 83 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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: $70 to $165 over the next 12 months.
Newmont Corp. returned +51.1% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
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 most recent item we track (Zacks Investment Research, 4 Nov 2026): "Can Newmont's Strong Free Cash Flow Momentum Carry Into Q4?". Newmont's strong free cash flow is supporting investment in organic growth projects and incremental shareholder returns. The headline asks whether this momentum will continue into Q4.
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
