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NEM Stock Forecast: Newmont Corporation Price Predictions for 2026

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$94.40

+0.31 (0.33%)

NEM Stock Forecast 2025-2026

$94.40
Current Price
$103.69B
Market Cap
21 Ratings
Buy 17
Hold 3
Sell 1
Wall St Analyst Ratings

Distance to NEM Price Targets

+32.1%
To High Target of $124.68
+12.8%
To Median Target of $106.50
-34.3%
To Low Target of $62.00

NEM Price Momentum

+4.1%
1 Week Change
+4.9%
1 Month Change
+123.3%
1 Year Change
+153.6%
Year-to-Date Change
-4.2%
From 52W High of $98.58
+156.1%
From 52W Low of $36.86
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Latest NEM Stock Price Targets & Analyst Predictions

Based on our analysis of 29 Wall Street analysts, NEM has a bullish consensus with a median price target of $106.50 (ranging from $62.00 to $124.68). The overall analyst rating is Strong Buy (8.7/10). Currently trading at $94.40, the median forecast implies a 12.8% upside. This outlook is supported by 17 Buy, 3 Hold, and 1 Sell ratings.

Conversely, the most conservative target is provided by Matthew Murphy at Barclays, suggesting a 34.3% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

NEM Analyst Ratings

17
Buy
3
Hold
1
Sell

NEM Price Target Range

Low
$62.00
Average
$106.50
High
$124.68
Current: $94.40

Latest NEM Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for NEM.

Date Firm Analyst Rating Change Price Target
Dec 1, 2025 UBS Daniel Major Buy Maintains $125.00
Oct 23, 2025 Scotiabank Tanya Jakusconek Sector Outperform Upgrade $114.00
Oct 16, 2025 UBS Daniel Major Buy Maintains $105.50
Oct 16, 2025 B of A Securities Michael Jalonen Buy Maintains $115.00
Oct 15, 2025 Citigroup Alexander Hacking Buy Maintains $104.00
Oct 10, 2025 CIBC Anita Soni Outperformer Upgrade $112.00
Sep 23, 2025 Raymond James Brian MacArthur Outperform Maintains $84.00
Sep 19, 2025 UBS Daniel Major Buy Maintains $92.00
Sep 10, 2025 RBC Capital Josh Wolfson Outperform Upgrade $95.00
Sep 2, 2025 Macquarie Andrew Bowler Neutral Downgrade $72.00
Jul 28, 2025 Raymond James Brian MacArthur Outperform Maintains $69.00
Jul 28, 2025 Scotiabank Tanya Jakusconek Sector Perform Maintains $72.00
Jul 15, 2025 CIBC Anita Soni Neutral Maintains $74.00
Jul 9, 2025 Stifel Ralph Profiti Buy Initiates $73.00
Jul 3, 2025 UBS Daniel Major Buy Maintains $68.00
Apr 11, 2025 UBS Daniel Major Buy Upgrade $60.00
Apr 4, 2025 RBC Capital Josh Wolfson Sector Perform Maintains $52.00
Apr 4, 2025 Raymond James Brian MacArthur Outperform Maintains $63.00
Jan 21, 2025 Scotiabank Tanya Jakusconek Sector Perform Maintains $50.00
Nov 29, 2024 CLSA Baden Moore Underperform Initiates $N/A

Newmont Corporation (NEM) Competitors

The following stocks are similar to Newmont based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Newmont Corporation (NEM) Financial Data

Newmont Corporation has a market capitalization of $103.69B with a P/E ratio of 14.6x. The company generates $21.50B in trailing twelve-month revenue with a 33.4% profit margin.

Revenue growth is +20.0% quarter-over-quarter, while maintaining an operating margin of +46.9% and return on equity of +22.9%.

Valuation Metrics

Market Cap $103.69B
Enterprise Value $97.82B
P/E Ratio 14.6x
PEG Ratio 0.1x
Price/Sales 4.8x

Growth & Margins

Revenue Growth (YoY) +20.0%
Gross Margin +53.0%
Operating Margin +46.9%
Net Margin +33.4%
EPS Growth +98.7%

Financial Health

Cash/Price Ratio +5.8%
Current Ratio 2.0x
Debt/Equity 16.9x
ROE +22.9%
ROA +10.6%
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Newmont Corporation logo

Newmont Corporation (NEM) Business Model

About Newmont Corporation

What They Do

Major player in gold mining and exploration.

Business Model

The company generates revenue primarily through the production and sale of gold and other precious metals. Its extensive operational footprint across various continents allows Newmont to leverage geographic diversity to mitigate risks and optimize supply chain management.

Additional Information

Founded in 1921 and headquartered in Denver, Colorado, Newmont is committed to sustainable mining practices, focusing on safety, environmental stewardship, and community engagement. This commitment enhances its reputation and positions it as a leader in responsible resource extraction, making it a significant entity impacting investment portfolios and national economies.

Company Information

Sector

Basic Materials

Industry

Gold

Employees

22,200

CEO

Mr. Thomas Ronald Palmer

Country

United States

IPO Year

1983

Newmont Corporation (NEM) Latest News & Analysis

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Latest News

NEM stock latest news image
Quick Summary

Newmont (NYSE:NEM) has seen a 135% year-to-date increase in 2025, driven largely by a significant rise in gold prices.

Why It Matters

Newmont's 135% YTD stock increase highlights strong performance linked to rising gold prices, indicating potential for continued growth and profitability in the mining sector.

Source: Forbes
Market Sentiment: Positive
NEM stock latest news image
Quick Summary

Newmont (NYSE:NEM) has increased by 135% year-to-date in 2025, driven by a substantial rise in gold prices.

Why It Matters

Newmont's 135% YTD stock increase indicates strong performance linked to rising gold prices, suggesting potential for continued growth and profitability in the gold sector.

Source: Forbes
Market Sentiment: Neutral
NEM stock latest news image
Quick Summary

Illumina, Commercial Metals, and Newmont received broker upgrades, indicating positive momentum despite current market uncertainties.

Why It Matters

Broker upgrades for Illumina, Commercial Metals, and Newmont suggest increased confidence in their performance, potentially leading to higher stock prices and attracting more investor interest.

Source: Zacks Investment Research
Market Sentiment: Positive
NEM stock latest news image
Quick Summary

The Federal Reserve is expected to announce a rate cut, with focus on 2026 economic projections amid mixed employment data and ongoing economic strength.

Why It Matters

Anticipation of a rate cut and 2026 outlook indicates potential shifts in monetary policy, affecting market sentiment and investment strategies amid mixed economic signals.

Source: Zacks Investment Research
Market Sentiment: Positive
NEM stock latest news image
Quick Summary

Investors in gold stocks may consider Newmont Corporation (NEM) and Royal Gold (RGLD) for potential undervalued opportunities.

Why It Matters

The comparison between Newmont Corporation and Royal Gold highlights potential investment opportunities in undervalued gold stocks, influencing portfolio decisions and market positioning.

Source: Zacks Investment Research
Market Sentiment: Positive
NEM stock latest news image
Quick Summary

Rising gold prices and strong demand are favorable for the Zacks Mining - Gold industry, suggesting investors consider stocks like NEM, AEM, KGC, RGLD, and CGAU.

Why It Matters

Rising gold prices and strong demand signal potential growth for mining stocks, making companies like NEM, AEM, KGC, RGLD, and CGAU attractive investment opportunities.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About NEM Stock

What is Newmont Corporation's (NEM) stock forecast for 2026?

Based on our analysis of 29 Wall Street analysts, Newmont Corporation (NEM) has a median price target of $106.50. The highest price target is $124.68 and the lowest is $62.00.

Is NEM stock a good investment in 2026?

According to current analyst ratings, NEM has 17 Buy ratings, 3 Hold ratings, and 1 Sell ratings. The stock is currently trading at $94.40. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for NEM stock?

Wall Street analysts predict NEM stock could reach $106.50 in the next 12 months. This represents a 12.8% increase from the current price of $94.40. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Newmont Corporation's business model?

The company generates revenue primarily through the production and sale of gold and other precious metals. Its extensive operational footprint across various continents allows Newmont to leverage geographic diversity to mitigate risks and optimize supply chain management.

What is the highest forecasted price for NEM Newmont Corporation?

The highest price target for NEM is $124.68 from at , which represents a 32.1% increase from the current price of $94.40.

What is the lowest forecasted price for NEM Newmont Corporation?

The lowest price target for NEM is $62.00 from Matthew Murphy at Barclays, which represents a -34.3% decrease from the current price of $94.40.

What is the overall NEM consensus from analysts for Newmont Corporation?

The overall analyst consensus for NEM is bullish. Out of 29 Wall Street analysts, 17 rate it as Buy, 3 as Hold, and 1 as Sell, with a median price target of $106.50.

How accurate are NEM stock price projections?

Stock price projections, including those for Newmont Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: December 11, 2025 3:33 AM UTC
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