NEMNEMBasic Materials · Gold

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

Last close, 28 Aug 2026
$128
−3.26% on the day

The 23 Wall Street analysts covering Newmont Corp. hold a median 12-month price target of $133 — +3.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 90 of 100 as at 29 Aug 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$134.9B
Ticker Nerd rank
90 / 100
Median analyst target
$133
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
+39.8%
YTD
+28.7%
1Y
+77.2%
From 52W high
−5.3%
From 52W low
+77.2%
$72
$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 29 Aug 2026
90 / 100

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

Quality
98
Volatility
97
Value
97
Issuance
88
Momentum
84
Growth
66
Accruals
65
Revisions
44
Size
2

Quality (98): The business earns solid, repeatable profits on what it owns.

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 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 $133Low $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 $133High $170

The green dot is the last close — the median target sits +3.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 7 moved it down.

DateFirmActionRatingTarget
12 Aug 2026ScotiabankMaintainsSector Outperform$147$149
28 July 2026BarclaysMaintainsOverweight
28 July 2026BarclaysMaintainsOverweight$125$124
16 July 2026BarclaysMaintainsOverweight
16 July 2026BarclaysMaintainsOverweight$133$125
14 July 2026ScotiabankMaintainsSector Outperform$151$147
14 July 2026ScotiabankMaintainsSector Outperform
14 July 2026TD CowenUpgradeBuy$129$127
14 July 2026TD CowenUpgradeBuy
9 July 2026B of A SecuritiesMaintainsBuy$157$132
9 July 2026B of A SecuritiesMaintainsBuy
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

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 28 Aug 2026, Newmont Corp. returned +77.2% against +19.9% 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
−9.6%
Analysts raising
1
Analysts cutting
11
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
16.1×

Cheaper than 45% of US stocks

Price / sales
5.2×

Cheaper than 24% of US stocks

Price / book
3.8×

Cheaper than 28% of US stocks

EV / EBITDA
7.7×

Cheaper than 46% 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 97% of US stocks

Dividend yield
0.8%

Higher than 18% 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 $134.9B and an enterprise value of $131.6B.

  • 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: 16.1×; forward P/E: 12.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.81%, 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 30 Aug 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.$134.9B
90
AEMAgnico Eagle Mines Ltd.$103.3B
79
AUAnglogold Ashanti Plc$57.1B
89
KGCKinross Gold Corp.$37.1B
89
RGLDRoyal Gold, Inc.$22.2B
53
CDECoeur Mining, Inc.$21.9B
49
EQXEquinox Gold Corp.$15.1B
85

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

How to profit from September stock-market weakness

Market Watch · 31 Aug 2026neutral

The article discusses ways to profit from historically weak September stock-market performance without shorting the market, by shifting into sectors and industries that tend to perform well during that month.

Why it matters — A NEM watcher would care because the article highlights sector rotation strategies during September, which could affect where investors allocate capital relative to gold stocks.

Newmont Corporation (NEM) Falls More Steeply Than Broader Market: What Investors Need to Know

Zacks Investment Research · 28 Aug 2026negative

Newmont Corporation (NEM) closed the latest trading day at $127.98, down 3.26% from its prior close. The stock fell more steeply than the broader market during the session.

Why it matters — A NEM watcher would care because the stock's decline exceeded that of the broader market on the trading day, reflecting a notable single-session move for the company.

Gold Miner Newmont Eclipses Gold's Rally Thanks To A Dual Growth Engine

Investors Business Daily · 28 Aug 2026positive

Newmont's stock is outperforming rival gold miners this year, driven by surging demand for both gold and copper. This demand is fueled by data centers and electric vehicles, which Newmont is benefiting from.

Why it matters — A NEM watcher would care because the company's dual exposure to gold and copper demand positions it to outperform its peers in the current market.

Will Newmont's Liquidity Strength Unlock Growth and Value?

Zacks Investment Research · 27 Aug 2026positive

Zacks Research reports that Newmont's strong liquidity, cash flows, and debt reduction are supporting its growth projects and shareholder returns as its expansion plans advance.

Why it matters — A NEM watcher would care because Newmont's financial strength underpins its ability to fund growth initiatives and shareholder returns.

Newmont: Investors Punished Barrick For This Deal

Seeking Alpha · 26 Aug 2026positive

Seeking Alpha reported on Newmont's Q2 2026 results, which showed 1.29M oz gold production, $2.2B adjusted net income, record Q2 free cash flow, and $1.9B returned to shareholders, with 2026 guidance reaffirmed. The article notes NEM faces 2026 cost and production troughs, with AISC guided up to $1,680/oz and output down to 5.3M oz.

Why it matters — NEM watchers would care because the article points to strong current cash generation and shareholder returns while flagging near-term cost and production headwinds that could affect future performance.

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 $133, 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. 90 out of 100 across roughly 4,600 US stocks as at 29 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NEM?

As at 29 Aug 2026, Newmont Corp. ranks 90 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 Quality (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 +3.9% from the last close, and Ticker Nerd's factor model ranks Newmont Corp. 90 out of 100 as at 29 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 $170 over the next 12 months.

How has NEM stock performed over the past year?

Newmont Corp. returned +77.2% over the 12 months to 28 Aug 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 (Market Watch, 31 Aug 2026): "How to profit from September stock-market weakness". The article discusses ways to profit from historically weak September stock-market performance without shorting the market, by shifting into sectors and industries that tend to perform well during that month.

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