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Newmont (NEM) Stock Forecast & Price Target

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$87.73 -0.78 (-0.88%)
As of 10:19 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Newmont - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
1
Hold
8
Buy
12

Based on 21 Wall Street analysts who have issued ratings for Newmont in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 1 has given a sell rating, 8 have given a hold rating, 9 have given a buy rating, and 3 have given a strong buy rating for NEM.

Consensus Price Target

$74.18
-15.45% Downside
According to the 21 analysts' twelve-month price targets for Newmont, the average price target is $74.18. The highest price target for NEM is $95.00, while the lowest price target for NEM is $45.00. The average price target represents a forecasted downside of -15.45% from the current price of $87.73.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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NEM Analyst Ratings Over Time

TypeCurrent Forecast
10/7/24 to 10/7/25
1 Month Ago
9/7/24 to 9/7/25
3 Months Ago
7/9/24 to 7/9/25
1 Year Ago
10/8/23 to 10/7/24
Strong Buy
3 Strong Buy rating(s)
4 Strong Buy rating(s)
3 Strong Buy rating(s)
3 Strong Buy rating(s)
Buy
9 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
10 Buy rating(s)
Hold
8 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$74.18$65.15$61.41$53.31
Forecasted Upside-15.45% Downside-14.44% Downside4.33% Upside0.64% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

NEM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NEM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Newmont Stock vs. The Competition

TypeNewmontBasic Materials CompaniesS&P 500
Consensus Rating Score
2.67
2.57
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-16.28% Downside207.09% Upside169.97% Upside
News Sentiment Rating
Positive News

See Recent NEM News
Neutral News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/27/2025Weiss Ratings
0 of 5 stars
 Reiterated RatingBuy (B-)
9/23/2025Raymond James Financial
4 of 5 stars
Brian MacArthur
4 of 5 stars
Boost TargetOutperform$77.00 ➝ $84.00+0.31%
9/22/2025National Bankshares
3 of 5 stars
 Reiterated RatingOutperform
9/19/2025UBS Group
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Boost TargetBuy$70.00 ➝ $92.00+13.63%
9/15/2025BNP Paribas Exane
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 Boost TargetOutperform$66.00 ➝ $92.00+15.96%
9/12/2025CIBC
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Boost TargetNeutral$74.00 ➝ $78.00-1.69%
9/11/2025The Goldman Sachs Group
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 Boost TargetNeutral$63.10 ➝ $77.30-2.57%
9/10/2025Royal Bank Of Canada
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UpgradeSector PerformOutperform$66.00 ➝ $95.00+25.07%
9/4/2025Zacks Research
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 DowngradeStrong-BuyHold
9/4/2025BNP Paribas
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 DowngradeStrong-BuyHold
9/2/2025Macquarie
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DowngradeStrong-BuyHold
7/28/2025Scotiabank
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Boost TargetSector Perform$69.00 ➝ $72.00+13.01%
7/25/2025National Bank Financial
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 UpgradeHoldStrong-Buy
7/9/2025Stifel Nicolaus
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Initiated CoverageBuy$73.00+26.60%
7/8/2025Stifel Canada
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UpgradeStrong-Buy
4/25/2025Argus
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Set Target$63.00+17.21%
4/25/2025Cfra Research
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UpgradeStrong-Buy
4/24/2025BMO Capital Markets
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Reiterated RatingOutperform
2/26/2025TD Securities
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 Lower TargetHold$46.00 ➝ $45.00+3.51%
11/29/2024CLSA
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Initiated CoverageUnderperform
11/19/2024JPMorgan Chase & Co.
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 UpgradeNeutralOverweight
11/11/2024Bernstein Bank
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 Boost Target$55.00 ➝ $58.00+36.28%
10/28/2024Cibc World Mkts
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DowngradeStrong-BuyHold
10/4/2024Jefferies Financial Group
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 Boost TargetBuy$54.00 ➝ $63.00+18.40%
9/30/2024Veritas
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UpgradeStrong-Buy
6/26/2024Bank of America
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 Boost TargetBuy$49.00 ➝ $50.00+20.54%
5/16/2024Sanford C. Bernstein
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 Lower TargetMarket Perform$46.00 ➝ $45.00+4.51%
4/4/2024Citigroup
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 Lower TargetBuy$60.00 ➝ $45.00+19.36%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:19 AM ET.


Should I Buy Newmont Stock? NEM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 5, 2025. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com.

Newmont
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Newmont Co.:

  • The current stock price is around $86.35, reflecting strong market interest and potential for growth.
  • Recent upgrades from multiple analysts, including a price target increase to $92.00, indicate positive market sentiment and confidence in the company's future performance.
  • Newmont Co. has a solid financial foundation, with a current ratio of 2.23, suggesting good short-term financial health and ability to cover liabilities.
  • The company has a low debt-to-equity ratio of 0.23, indicating a conservative approach to leveraging, which can be attractive to risk-averse investors.
  • With a market capitalization of approximately $94.85 billion, Newmont Co. is positioned as a major player in the gold mining industry, providing stability and potential for long-term returns.

Newmont
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Newmont Co. for these reasons:

  • Despite recent positive ratings, the stock has seen fluctuations, which may indicate volatility and risk for investors looking for stable returns.
  • Insider selling activity, including significant sales by executives, could signal a lack of confidence in the company's short-term prospects.
  • The company's price-to-earnings (PE) ratio of 15.50, while reasonable, may suggest that the stock is not undervalued compared to its peers, limiting upside potential.
  • Market conditions for gold can be unpredictable, and any downturn in commodity prices could adversely affect Newmont Co.'s profitability.
  • With a beta of 0.34, the stock is less volatile than the market, which may appeal to conservative investors but could also mean less potential for high returns in a bullish market.

NEM Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Newmont is $74.18, with a high forecast of $95.00 and a low forecast of $45.00.

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last year. There is currently 1 sell rating, 8 hold ratings, 9 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NEM shares.

According to analysts, Newmont's stock has a predicted downside of -15.45% based on their 12-month stock forecasts.

Over the previous 90 days, Newmont's stock had 3 upgrades and 3 downgrades by analysts.

Analysts like Newmont more than other "basic materials" companies. The consensus rating score for Newmont is 2.67 while the average consensus rating score for "basic materials" companies is 2.58. Learn more on how NEM compares to other companies.


This page (NYSE:NEM) was last updated on 10/7/2025 by MarketBeat.com Staff
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