Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
119.37
+0.85 (0.72%)
At close: Mar 4, 2026, 4:00 PM EST
119.20
-0.17 (-0.14%)
Pre-market: Mar 5, 2026, 6:49 AM EST

Newmont Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Newmont stock have an average target of 113.5, with a low estimate of 72 and a high estimate of 157. The average target predicts a decrease of -4.92% from the current stock price of 119.37.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $72 $113.5 $115 $157
Change -39.68% -4.92% -3.66% +31.52%

Analyst Ratings

The average analyst rating for Newmont stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 444444
Buy 554455
Hold 111111
Sell 110000
Strong Sell 000000
Total 1111991010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$118$150
Strong Buy Maintains $118$150 +25.66% Mar 3, 2026
Bernstein
Bernstein
Buy
Upgrades
$121$157
Buy Upgrades $121$157 +31.52% Feb 27, 2026
Scotiabank
Scotiabank
Buy
Maintains
$114$152
Buy Maintains $114$152 +27.34% Jan 26, 2026
UBS
UBS
Strong Buy
Maintains
$106$125
Strong Buy Maintains $106$125 +4.72% Dec 1, 2025
Scotiabank
Scotiabank
Buy
Upgrades
$72$114
Buy Upgrades $72$114 -4.50% Oct 23, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
27.24B
from 22.67B
Increased by 20.18%
Revenue Next Year
28.34B
from 27.24B
Increased by 4.04%
EPS This Year
9.27
from 6.39
Increased by 45.11%
EPS Next Year
10.15
from 9.27
Increased by 9.51%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
12.22B11.92B11.81B18.68B22.67B27.24B28.34B
Revenue Growth
6.31%-2.51%-0.86%58.16%21.34%20.18%4.04%
EPS
1.46-0.54-2.972.926.399.2710.15
EPS Growth
-58.45%---118.89%45.11%9.51%
Forward PE
-----12.8711.76
No. Analysts -----2423
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 32.4B 33.4B
Avg 27.2B 28.3B
Low 23.9B 23.5B

Revenue Growth

Revenue Growth 20262027202820292030
High
42.9%
22.6%
Avg
20.2%
4.0%
Low
5.5%
-13.7%

EPS Forecast

EPS 20262027202820292030
High 12.39 13.55
Avg 9.27 10.15
Low 7.53 8.06

EPS Growth

EPS Growth 20262027202820292030
High
93.9%
46.1%
Avg
45.1%
9.5%
Low
17.8%
-13.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.