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NEM Stock Forecast 2026-2027
$116.51
Current Price
$124.38B
Market Cap
Buy 17
Hold 3
Sell 1
Wall St Analyst Ratings
Distance to NEM Price Targets
+51.1%
To High Target of $176.00
+26.6%
To Median Target of $147.50
-38.2%
To Low Target of $72.00
NEM Price Momentum
+7.3%
1 Week Change
-2.1%
1 Month Change
+115.8%
1 Year Change
+16.7%
Year-to-Date Change
-13.6%
From 52W High of $134.88
+141.4%
From 52W Low of $48.27
📊 TOP ANALYST CALLS
Did NEM Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Newmont is one of their latest high-conviction picks.
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 $147.50 (ranging from $72.00 to $176.00). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $116.51, the median forecast implies a 26.6% upside. This outlook is supported by 17 Buy, 3 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Anita Soni at CIBC, projecting a 51.1% upside. Conversely, the most conservative target is provided by Andrew Bowler at Macquarie, suggesting a 38.2% 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
$72.00
Average
$147.50
High
$176.00
Current: $116.51
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 |
|---|---|---|---|---|---|
| Apr 24, 2026 | BMO Capital | Jackie Przybylowski | Outperform | Maintains | $145.00 |
| Apr 21, 2026 | CIBC | Anita Soni | Outperformer | Maintains | $176.00 |
| Mar 27, 2026 | UBS | Daniel Major | Buy | Maintains | $140.00 |
| Mar 20, 2026 | Scotiabank | Tanya Jakusconek | Sector Outperform | Maintains | $151.00 |
| Mar 3, 2026 | Citigroup | Alexander Hacking | Buy | Maintains | $150.00 |
| Feb 27, 2026 | Bernstein | Bob Brackett | Market Outperform | Upgrade | $157.00 |
| Jan 26, 2026 | Scotiabank | Tanya Jakusconek | Sector Outperform | Maintains | $152.00 |
| 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 30, 2025 | Freedom Broker | Buy | Maintains | $N/A | |
| 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 | Scotiabank | Tanya Jakusconek | Sector Perform | Maintains | $72.00 |
| Jul 28, 2025 | Raymond James | Brian MacArthur | Outperform | Maintains | $69.00 |
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 $124.38B with a P/E ratio of 15.1x. The company generates $24.97B in trailing twelve-month revenue with a 33.9% profit margin.
Revenue growth is +45.8% quarter-over-quarter, while maintaining an operating margin of +61.4% and return on equity of +25.8%.
Valuation Metrics
Market Cap
$124.38B
Enterprise Value
$118.08B
P/E Ratio
15.1x
PEG Ratio
0.2x
Price/Sales
5.0x
Growth & Margins
Revenue Growth (YoY)
+45.8%
Gross Margin
+64.8%
Operating Margin
+61.4%
Net Margin
+33.9%
EPS Growth
+72.5%
Financial Health
Cash/Price Ratio
+7.1%
Current Ratio
2.4x
Debt/Equity
15.8x
ROE
+25.8%
ROA
+14.9%
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Newmont Corporation (NEM) Business Model
About Newmont Corporation
What They Do
Largest gold mining company globally.
Business Model
The company engages in the production and exploration of gold and other metals, generating revenue through the extraction and sale of these resources. With a diverse portfolio of 11 mines and joint ventures, it aims to optimize operations by focusing on lower-cost assets.
Additional Information
Founded in 1916 and based in Denver, Newmont demonstrates strong financial health with a current ratio of 2.04, a low debt-to-equity ratio of 0.17, and an impressive operating margin of 43.52%. Its market capitalization is around $130 billion, positioning it favorably within the Basic Materials sector, while its beta of 0.47 indicates lower market volatility.
Company Information
Sector
Basic Materials
Industry
Gold
Employees
22,200
CEO
Ms. Natascha Viljoen BEng (PrEng), EMBA
Country
United States
IPO Year
1983
Website
www.newmont.comNewmont Corporation (NEM) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
These Companies Are Generating Record Free Cash Flow
Strong cash flows reflect financial stability, allowing companies to pay down debt, pursue growth opportunities, and shell out dividend payments.
May 08, 2026
By Derek Lewis
Stocks in the News
3 Companies Reporting Record Results This Earnings Season
The 2026 Q1 earnings season continues to be one of positivity, with many notable companies - Newmont (NEM), Interactive Brokers (IBKR), and Quanta Services (PWR) - all knocking it out of the park, reporting quarterly records in one way or another.
May 06, 2026
By Derek Lewis
Video Blog
Orla Mining to Report Q1 Earnings: What's in Store for the Stock?
ORLA nears Q1 results as earnings estimates surge and gold output jumps, with Musselwhite gains offsetting weaker Camino Rojo performance.
May 05, 2026
By Zacks Equity Research
Analyst Blog
Latest News
Quick Summary
Teck and BHP stocks are experiencing a breakout, indicating potential upward movement in their share prices.
Why It Matters
Teck and BHP's breakout indicates potential growth and positive market sentiment, attracting investor interest and possibly driving stock prices higher.
Source: Investors Business Daily
Market Sentiment:
Neutral
Headwater Gold Identifies Meridian Zone and Plans Follow-Up Geophysics at Lodestar Project, Nevada
3 days ago
Quick Summary
Headwater Gold Inc. announced positive results from its 2025-2026 drill program at the Lodestar project in Nevada, funded by Newmont Corporation. A new alteration zone, the Meridian Zone, was identified as a key exploration target.
Why It Matters
Headwater Gold's successful drill program, funded by Newmont, highlights potential new resources at the Lodestar project, signaling growth prospects and increased investor interest.
Source: TheNewswire
Market Sentiment:
Neutral
Newmont Investors Should Have Expected It
6 days ago
Quick Summary
Newmont Mining's stock price has closely tracked the fluctuations in gold prices, reflecting its status as a significant player in the precious metals mining sector.
Why It Matters
The correlation between Newmont Mining's stock and gold prices indicates strong sensitivity to commodity fluctuations, affecting investment strategies and risk assessments in precious metals.
Source: The Motley Fool
Market Sentiment:
Neutral
Quick Summary
Newmont Corporation (NEM) reported Q1 non-GAAP EPS of $2.90 and $7.3B revenue, exceeding estimates, with $3.1B in free cash flow and a $6B buyback. Trading 20% below January high, intrinsic value is $147.
Why It Matters
Newmont's strong Q1 earnings and buyback indicate financial health, while its low valuation suggests upside potential. However, risks from commodity price fluctuations could impact future performance.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Zacks Style Scores provide investors with a method to identify top-rated stocks aligned with their investment style, potentially aiding in stock selection.
Why It Matters
The Zacks Style Scores can help identify high-potential stocks tailored to specific investment strategies, aiding in informed decision-making and potentially enhancing portfolio performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Newmont Corporation reported Q1 2026 revenue of $7.31B (+46% YoY) and $3.1B in free cash flow. The stock is rated a buy, trading below $110, with a fair value estimate of $145 and a $6B buyback plan.
Why It Matters
Newmont's record free cash flow and strong financials signal robust performance in a gold bull market, making its undervalued stock attractive for potential gains.
Source: Seeking Alpha
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 $147.50. The highest price target is $176.00 and the lowest is $72.00.
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 $116.51. 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 $147.50 in the next 12 months. This represents a 26.6% increase from the current price of $116.51. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Newmont Corporation's business model?
The company engages in the production and exploration of gold and other metals, generating revenue through the extraction and sale of these resources. With a diverse portfolio of 11 mines and joint ventures, it aims to optimize operations by focusing on lower-cost assets.
What is the highest forecasted price for NEM Newmont Corporation?
The highest price target for NEM is $176.00 from Anita Soni at CIBC, which represents a 51.1% increase from the current price of $116.51.
What is the lowest forecasted price for NEM Newmont Corporation?
The lowest price target for NEM is $72.00 from Andrew Bowler at Macquarie, which represents a -38.2% decrease from the current price of $116.51.
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 $147.50.
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: May 9, 2026 11:00 AM UTC