Zacks Research Issues Positive Outlook for Newmont Earnings

Key Points

• Zacks Research has raised its Q3 2025 earnings per share (EPS) estimate for Newmont to $1.56, up from a previous forecast of $1.00, reflecting increased optimism for the company's financial performance.
• Newmont shares have received multiple upgrades, including a transition from a "hold" to a "strong-buy" rating by National Bank Financial, indicating strong market confidence in the stock's potential.
• The current consensus for Newmont's full-year earnings is projected at $5.51 per share, with a target price averaging C$62.50 among analysts.

Newmont Co. (TSE:NGT - Free Report) - Equities research analysts at Zacks Research lifted their Q3 2025 earnings per share estimates for shares of Newmont in a research report issued on Wednesday, August 6th. Zacks Research analyst A. Barman now anticipates that the company will post earnings per share of $1.56 for the quarter, up from their prior forecast of $1.00. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont's Q4 2025 earnings at $1.43 EPS, FY2025 earnings at $6.70 EPS, Q1 2026 earnings at $1.39 EPS, Q2 2026 earnings at $1.35 EPS, Q3 2026 earnings at $1.76 EPS, Q4 2026 earnings at $1.72 EPS, FY2026 earnings at $6.22 EPS, Q2 2027 earnings at $1.58 EPS and FY2027 earnings at $6.50 EPS.

A number of other equities research analysts have also recently commented on NGT. National Bank Financial raised Newmont from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 25th. The Goldman Sachs Group lowered Newmont from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Stifel Canada upgraded Newmont to a "strong-buy" rating in a report on Tuesday, July 8th. Finally, Cfra Research raised Newmont to a "strong-buy" rating in a research report on Friday, April 25th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and six have given a strong buy rating to the company's stock. According to MarketBeat, Newmont currently has an average rating of "Buy" and an average target price of C$62.50.

Newmont Price Performance

NGT stock traded down C$0.21 during midday trading on Monday, reaching C$94.17. 78,543 shares of the company's stock traded hands, compared to its average volume of 235,300. The company has a 50-day simple moving average of C$82.60 and a two-hundred day simple moving average of C$73.46. Newmont has a 1-year low of C$53.03 and a 1-year high of C$96.62. The company has a market cap of C$74.91 billion, a price-to-earnings ratio of -62.22, a PEG ratio of 1.43 and a beta of 0.51. The company has a quick ratio of 1.77, a current ratio of 1.96 and a debt-to-equity ratio of 30.62.

About Newmont

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.