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Newmont (NEM) Stock Forecast & Price Target

Newmont logo
$114.36 +5.35 (+4.90%)
As of 02:19 PM Eastern
This is a fair market value price provided by Massive. Learn more.

Newmont - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
5
Buy
18

Based on 23 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 23 analysts, 5 have given a hold rating, 17 have given a buy rating, and 1 has given a strong buy rating for NEM.

Consensus Price Target

$142.51
24.69% Upside
According to the 23 analysts' twelve-month price targets for Newmont, the average price target is $142.51. The highest price target for NEM is $176.00, while the lowest price target for NEM is $116.00. The average price target represents a forecasted upside of 24.69% from the current price of $114.28.
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
5/6/25 to 5/6/26
1 Month Ago
4/6/25 to 4/6/26
3 Months Ago
2/5/25 to 2/5/26
1 Year Ago
5/6/24 to 5/6/25
Strong Buy
1 Strong Buy rating(s)
2 Strong Buy rating(s)
4 Strong Buy rating(s)
3 Strong Buy rating(s)
Buy
17 Buy rating(s)
16 Buy rating(s)
13 Buy rating(s)
8 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$142.51$133.78$121.83$55.63
Forecasted Upside24.69% Upside18.74% Upside12.39% Upside1.66% Upside
Consensus RatingModerate BuyModerate BuyBuyModerate 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.
Skip Chart & View Analyst Rating History

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
2.83
2.56
2.52
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside30.72% Upside226.07% Upside14.81% Upside
News Sentiment Rating
Positive News

See Recent NEM News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
4/29/2026 Boost TargetBuy$150.00 ➝ $160.00+46.08%
4/28/2026 Boost TargetBuy$123.20 ➝ $125.10+11.65%
4/27/2026
TD Cowen logo
TD Cowen
3 of 5 stars
 Reiterated RatingBuy
4/27/2026 Reiterated RatingHold$129.00+6.87%
4/27/2026 Boost TargetHold$116.00 ➝ $129.00+10.72%
4/27/2026 Boost TargetOutperform$130.00 ➝ $133.00+14.28%
4/24/2026Boost TargetOutperform$140.00 ➝ $145.00+22.92%
4/24/2026Boost TargetSector Perform$130.00 ➝ $140.00+15.98%
4/23/2026 Boost TargetBuy$94.00 ➝ $125.00+13.67%
4/21/2026Lower TargetOutperform$177.00 ➝ $176.00+59.12%
4/10/2026 Boost TargetBuy$162.00 ➝ $165.00+37.31%
4/3/2026 DowngradeStrong-BuyHold
3/27/2026Lower TargetBuy$150.00 ➝ $140.00+36.70%
3/20/2026Lower TargetSector Outperform$152.00 ➝ $151.00+56.28%
3/3/2026Boost TargetBuy$118.00 ➝ $150.00+26.40%
3/2/2026 Boost TargetNeutral$123.00 ➝ $128.00+9.99%
2/27/2026UpgradeMarket PerformOutperform$121.00 ➝ $157.00+23.18%
2/26/2026Boost TargetBuy$134.00 ➝ $151.00+16.13%
2/10/2026 Boost TargetBuy$120.00 ➝ $175.00+45.23%
2/3/2026Boost TargetOutperform$120.00 ➝ $125.00+8.44%
1/19/2026 UpgradeStrong-Buy
1/15/2026Boost TargetOutperform$111.00 ➝ $130.00+13.87%
12/29/2025 Reiterated RatingBuy (B-)
4/25/2025UpgradeStrong-Buy
11/29/2024Initiated CoverageUnderperform
11/19/2024 UpgradeNeutralOverweight
11/11/2024 Boost Target$55.00 ➝ $58.00+36.28%
9/30/2024UpgradeStrong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:19 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 Friday, May 1, 2026. 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 recent price target for Newmont Co. has been raised to $129.00, indicating a potential upside from its current stock price, which is around $116.44. This suggests that analysts see growth potential in the company's stock.
  • Newmont Co. has received multiple "buy" ratings from analysts, reflecting strong confidence in its performance and growth prospects in the basic materials sector.
  • The company has a solid market capitalization of approximately $124 billion, which indicates a strong position in the market and the ability to withstand economic fluctuations.
  • Newmont Co. has a low debt-to-equity ratio, which suggests that it is not heavily reliant on debt for financing its operations, making it a potentially safer investment.
  • With a current ratio of 2.44, Newmont Co. demonstrates strong liquidity, meaning it has sufficient assets to cover its short-term liabilities, which is a positive sign for investors.

Newmont
Bear Case

red Wall Street bear icon

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

  • The stock has recently experienced a decline, trading down about 3.5%, which may indicate volatility and uncertainty in the market.
  • Despite positive ratings, the average price target remains lower than some previous estimates, suggesting that there may be limitations on future growth potential.
  • Newmont Co. operates in the basic materials sector, which can be sensitive to fluctuations in commodity prices, potentially impacting profitability.
  • Analysts have mixed opinions, with some maintaining a "hold" rating, indicating that not all experts are confident in the stock's immediate growth.
  • The company's stock has a relatively low beta of 0.46, suggesting it may not respond strongly to market movements, which could limit potential gains during bullish market conditions.

NEM Forecast - Frequently Asked Questions

According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Newmont is $142.51, with a high forecast of $176.00 and a low forecast of $116.00.

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last year. There are currently 5 hold ratings, 17 buy ratings and 1 strong buy rating 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 24.69% based on their 12-month stock forecasts.

Over the previous 90 days, Newmont's stock had 2 upgrades and 2 downgrades by analysts.

Analysts like Newmont more than other "basic materials" companies. The consensus rating score for Newmont is 2.83 while the average consensus rating score for "basic materials" companies is 2.56. Learn more on how NEM compares to other companies.


This page (NYSE:NEM) was last updated on 5/6/2026 by MarketBeat.com Staff.
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