Newmont (NEM) Stock Forecast & Price Target

$52.69 -0.27 (-0.51%)

As of 03:59 PM Eastern

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

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.

Consensus Rating

Moderate Buy

Based on 20 Analyst Ratings

Sell
1

Hold
8

Buy
11

Based on 20 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 20 analysts, 1 has given a sell rating, 8 have given a hold rating, 8 have given a buy rating, and 3 have given a strong buy rating for NEM.

Consensus Price Target

$55.63
5.58% Upside

According to the 20 analysts' twelve-month price targets for Newmont, the average price target is $55.63. The highest price target for NEM is $66.00, while the lowest price target for NEM is $45.00. The average price target represents a forecasted upside of 5.58% from the current price of $52.69.

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NEM Analyst Ratings Over Time

Type	Current Forecast 4/30/24 to 4/30/25	1 Month Ago 3/31/24 to 3/31/25	3 Months Ago 1/31/24 to 1/30/25	1 Year Ago 5/1/23 to 4/30/24
Strong Buy	3 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$55.63	$53.16	$53.44	$48.50
Forecasted Upside	5.58% Upside	10.10% Upside	23.96% Upside	19.34% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate 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.

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.

Newmont Stock vs. The Competition

Type	Newmont	Basic Materials Companies	S&P 500
Consensus Rating Score	2.65	2.78	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	5.06% Upside	150.16% Upside	20.03% Upside
News Sentiment Rating	Positive News See Recent NEM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/25/2025	Argus 3 of 5 stars	John Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$63.00	+17.21%
4/25/2025	Raymond James 4 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$66.00	+22.11%
4/25/2025	Cfra Research 0 of 5 stars	M. Miller Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/24/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Murphy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform
4/23/2025	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform
4/14/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Jakusconek Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform ➝ Sector Perform
4/11/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Major Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$50.00 ➝ $60.00	+17.52%
4/4/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Josh Wolfson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$51.00 ➝ $52.00	+16.99%
3/21/2025	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Nagle Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
2/26/2025	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$46.00 ➝ $45.00	+3.51%
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1/13/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	H. Nicolaci Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$47.20	+20.75%
11/29/2024	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Moore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform
11/19/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight
11/11/2024	Bernstein Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$55.00 ➝ $58.00	+36.28%
10/28/2024	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Soni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/28/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Sector Outperform ➝ Neutral
10/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$54.00 ➝ $63.00	+18.40%
9/30/2024	Veritas Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Pradier Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
6/26/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$49.00 ➝ $50.00	+20.54%
6/21/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Spence Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/16/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$46.00 ➝ $45.00	+4.51%
4/4/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$60.00 ➝ $45.00	+19.36%
11/21/2023	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$45.00	+23.09%
7/24/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$63.00 ➝ $57.00	+31.67%
7/7/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$62.00 ➝ $61.00	+46.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:42 PM 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 Tuesday, April 29, 2025. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com.

Newmont
Bull Case

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

The current stock price is around $52.95, which may present a buying opportunity for investors looking to enter at a lower price point.
Newmont Co. reported strong quarterly earnings, with earnings per share (EPS) of $1.25, significantly exceeding analysts' expectations, indicating robust financial performance.
The company has a solid market capitalization of approximately $59.69 billion, reflecting its stability and presence in the market.
Newmont Co. has a healthy dividend yield of about 1.88%, providing investors with a steady income stream, which is attractive in a low-interest-rate environment.
Institutional investors and hedge funds own a significant portion of the company’s stock, indicating confidence in its long-term growth potential.

Newmont
Bear Case

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

The stock has experienced a decline of about 2.1% recently, which may raise concerns about its short-term performance.
Newmont Co. operates in the basic materials sector, which can be volatile and subject to fluctuations in commodity prices, impacting profitability.
The company has a relatively high price-to-earnings (P/E) ratio of around 18.07, which may suggest that the stock is overvalued compared to its earnings.
Despite a strong performance, the company’s net margin of 17.92% indicates that there may be pressures on profitability that could affect future earnings.
The debt-to-equity ratio of 0.30, while manageable, suggests that the company does carry some debt, which could be a concern in a rising interest rate environment.

NEM Forecast - Frequently Asked Questions

: According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Newmont is $55.63, with a high forecast of $66.00 and a low forecast of $45.00.
: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last twelve months. There is currently 1 sell rating, 8 hold ratings, 8 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 upside of 5.58% based on their 12-month stock forecasts.
: Over the previous 90 days, Newmont's stock had 4 upgrades by analysts.
: Newmont has been rated by research analysts at Argus, BMO Capital Markets, Cfra Research, National Bank Financial, National Bankshares, Raymond James, Royal Bank of Canada, Scotiabank, TD Securities, and UBS Group in the past 90 days.
: Analysts like Newmont less than other "basic materials" companies. The consensus rating score for Newmont is 2.65 while the average consensus rating score for "basic materials" companies is 2.78. Learn more on how NEM compares to other companies.

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This page (NYSE:NEM) was last updated on 4/30/2025 by MarketBeat.com Staff

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Newmont (NEM) Stock Forecast & Price Target