NEMNEMBasic Materials · Gold

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

Last close, 11 Aug 2026
$117
−0.04% on the day

The 23 Wall Street analysts covering Newmont Corp. hold a median 12-month price target of $130 — +10.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 88 of 100 as at 10 Aug 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$119.0B
Ticker Nerd rank
88 / 100
Median analyst target
$130
Analysts covering
23
Total return, dividends reinvested
1W
+19.9%
1M
+23.0%
YTD
+17.9%
1Y
+72.0%
From 52W high
−10.8%
From 52W low
+75.8%
$67
$131
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 10 Aug 2026
88 / 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
99
Quality
97
Value
96
Issuance
88
Momentum
76
Growth
68
Accruals
65
Revisions
40
Size
2

Volatility (99): The share price has been relatively steady.

Revisions (40): Analysts have, on balance, been cutting their forecasts.

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

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 $168Median $130Low $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.

What Wall Street says23 analysts
20 Buy2 Hold1 Sell
Low $67Median $130High $168

The green dot is the last close — the median target sits +10.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 7 moved it down.

DateFirmActionRatingTarget
28 July 2026BarclaysMaintainsOverweight$125$124
16 July 2026BarclaysMaintainsOverweight$133$125
16 July 2026BarclaysMaintainsOverweight
14 July 2026ScotiabankMaintainsSector Outperform$151$147
14 July 2026ScotiabankMaintainsSector Outperform
14 July 2026TD CowenUpgradeBuy
14 July 2026TD CowenUpgradeBuy$129$127
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
24 Apr 2026BMO CapitalMaintainsOutperform
21 Apr 2026CIBCMaintainsOutperformer
27 Mar 2026UBSMaintainsBuy
20 Mar 2026ScotiabankMaintainsSector Outperform
3 Mar 2026CitigroupMaintainsBuy

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.

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
−8.8%
Analysts raising
1
Analysts cutting
9
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
14.4×

Cheaper than 48% of US stocks

Price / sales
4.7×

Cheaper than 27% of US stocks

Price / book
3.4×

Cheaper than 31% of US stocks

EV / EBITDA
6.8×

Cheaper than 49% of US stocks

Growth & margins
Revenue growth (YoY)
15.1%

Higher than 63% of US stocks

Earnings growth (YoY)
6.8%

Higher than 44% 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 91% of US stocks

Returns & dividend
Return on equity
25.9%

Higher than 86% of US stocks

Return on assets
15.8%

Higher than 98% of US stocks

Dividend yield
0.9%

Higher than 21% of US dividend payers

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

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.$119.0B
88
AEMAgnico Eagle Mines Ltd.$90.4B
77
AUAnglogold Ashanti Plc$49.1B
86
KGCKinross Gold Corp.$32.5B
87
RGLDRoyal Gold, Inc.$19.8B
51
CDECoeur Mining, Inc.$18.8B
48
EQXEquinox Gold Corp.$13.5B
82

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

Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion

WSJ · 10 Aug 2026positive

Barrick Mining has settled a longstanding dispute with rival Newmont over its Nevada operations, securing a $1.95 billion cash payout for Newmont. The settlement paves the way for the spinoff of Barrick's North American gold assets.

Why it matters — Newmont watchers would care because the resolution delivers a $1.95 billion cash payout and closes a long-running dispute with a major rival, potentially affecting Newmont's Nevada-related business and future outlook.

Gold's Winning Streak: Navigating Your ETF Options

ETF Trends · 7 Aug 2026positive

Gold extended its winning streak to a seven-week high near $4,300 per ounce, driven by geopolitical developments, a sliding dollar, and shifting Federal Reserve rate expectations. Despite the recent gains, gold still trades over 20% below its record high of $5,589 per ounce set in late January, according to CNBC analysis.

Why it matters — As a major gold producer, Newmont's results are closely tied to gold prices, so the metal's rally toward a seven-week high is directly relevant to the company's outlook.

Awalé Completes $20.7 Million Strategic Financing with Closing of Final Tranche

Newsfile Corp · 6 Aug 2026neutral

Awalé completed its previously announced strategic financing with the closing of the final tranche, which included Newmont's equity investment. As a result, Newmont maintains its approximately 8.2% ownership in Awalé.

Why it matters — A NEM watcher would care because the completion confirms Newmont retains its strategic stake in Awalé, reflecting continued alignment with the company following its equity investment.

Brokers Suggest Investing in Newmont (NEM): Read This Before Placing a Bet

Zacks Investment Research · 6 Aug 2026neutral

Zacks reports that brokerage analysts are recommending investment in Newmont (NEM), while also noting that the real importance of sell-side analyst ratings and how they influence stock prices is worth examining before acting on them.

Why it matters — NEM watchers would care because the article highlights how sell-side analyst recommendations may affect the stock's price, prompting investors to weigh their significance.

Do Options Traders Know Something About Newmont Stock We Don't?

Zacks Investment Research · 31 July 2026neutral

Zacks Investment Research highlighted unusual options-market movements in Newmont Corp. (NEM) stock, suggesting traders are closely watching the stock.

Why it matters — Options-market activity can sometimes signal shifts in investor sentiment, so NEM watchers may want to monitor whether this activity precedes a notable move in the stock.

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 $130, with estimates ranging from $67 to $168. 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. 88 out of 100 across roughly 4,600 US stocks as at 10 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NEM?

As at 10 Aug 2026, Newmont Corp. ranks 88 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 (99 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 +10.9% from the last close, and Ticker Nerd's factor model ranks Newmont Corp. 88 out of 100 as at 10 Aug 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 $168 over the next 12 months.

How has NEM stock performed over the past year?

Newmont Corp. returned +72.0% over the 12 months to 11 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Newmont Corp. do?

Newmont Corporation is a global mining company focused on the exploration, production, processing, and refining of gold, alongside copper, silver, zinc, and lead. Newmont Corporation operates a diversified portfolio of mines and assets across North America, Latin America, Australia, Africa, and Papua New Guinea, serving as a major supplier of precious and base metals used in industrial applications, infrastructure, electronics, and bullion markets.

What is the latest news on NEM?

The most recent item we track (WSJ, 10 Aug 2026): "Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion". Barrick Mining has settled a longstanding dispute with rival Newmont over its Nevada operations, securing a $1.95 billion cash payout for Newmont. The settlement paves the way for the spinoff of Barrick's North American gold assets.

Company

About Newmont Corp.

Newmont Corporation is a global mining company focused on the exploration, production, processing, and refining of gold, alongside copper, silver, zinc, and lead. Newmont Corporation operates a diversified portfolio of mines and assets across North America, Latin America, Australia, Africa, and Papua New Guinea, serving as a major supplier of precious and base metals used in industrial applications, infrastructure, electronics, and bullion markets. The company’s business is centered on large-scale mineral extraction, mine development, and reclamation, with operations spanning both open-pit and underground sites. Newmont Corporation is recognized for its broad geographic footprint and multi-metal production base, which gives it a significant role in global metals supply chains and the broader natural resources sector.

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