Newmont (NEM) Stock Forecast & Price Target

Q: What analysts cover Newmont?

Newmont has been rated by research analysts at Argus , Barclays , BMO Capital Markets , BNP Paribas Exane , Canaccord Genuity Group , Canadian Imperial Bank of Commerce , Jefferies Financial Group , Macquarie Infrastructure , National Bank Financial , Raymond James Financial , Royal Bank Of Canada , TD , TD Cowen , TD Securities , The Goldman Sachs Group , UBS Group , Weiss Ratings , and Zacks Research in the past 90 days.

$98.18 +1.14 (+1.17%)

Closing price 03:59 PM Eastern

Extended Trading

$98.66 +0.47 (+0.48%)

As of 07:34 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 24 Analyst Ratings

Sell
0

Hold
5

Buy
19

Based on 24 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 24 analysts, 5 have given a hold rating, 16 have given a buy rating, and 3 have given a strong buy rating for NEM.

Consensus Price Target

$138.78
41.35% Upside

According to the 24 analysts' twelve-month price targets for Newmont, the average price target is $138.78. The highest price target for NEM is $175.00, while the lowest price target for NEM is $111.00. The average price target represents a forecasted upside of 41.35% from the current price of $98.18.

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

Type	Current Forecast 7/6/25 to 7/6/26	1 Month Ago 6/6/25 to 6/6/26	3 Months Ago 4/7/25 to 4/7/26	1 Year Ago 7/6/24 to 7/6/25
Strong Buy	3 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	16 Buy rating(s)	17 Buy rating(s)	16 Buy rating(s)	7 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$138.78	$142.07	$133.78	$59.11
Forecasted Upside	41.35% Upside	42.40% Upside	16.87% Upside	-1.25% Downside
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	Broader Market
Consensus Rating Score	2.92	2.59	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	43.73% Upside	152.14% Upside	13.30% 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

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/6/2026	Jefferies Financial Group 2 of 5 stars	Fahad Tariq Not Rated	Lower Target	Buy	$158.00 ➝ $146.00	+50.59%
7/1/2026	The Goldman Sachs Group 3 of 5 stars		Lower Target	Buy	$122.50 ➝ $111.40	+17.29%
6/30/2026	Raymond James Financial 3 of 5 stars		Lower Target	Outperform	$139.00 ➝ $137.00	+48.17%
6/30/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Daniel Major Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$140.00 ➝ $120.00	+29.78%
6/23/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jackie Przybylowski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$145.00 ➝ $135.00	+41.35%
6/18/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Neutral	$128.00 ➝ $111.00	+4.83%
6/17/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy (B-) ➝ Hold (C+)
6/15/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Strong-Buy
6/15/2026	Macquarie Infrastructure Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$133.00 ➝ $123.00	+15.48%
6/3/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$160.00 ➝ $140.00	+29.49%
Get the Latest News and Ratings for NEM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter.
6/1/2026	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Anita Soni Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Outperform	$175.00	+63.31%
5/21/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Richard Garchitorena Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Overweight	$133.00	+22.66%
4/29/2026	Canaccord Genuity Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$150.00 ➝ $160.00	+46.08%
4/27/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
4/27/2026	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold	$129.00	+6.87%
4/27/2026	TD Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Hold	$116.00 ➝ $129.00	+10.72%
4/24/2026	National Bank Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Shane Nagle Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Perform	$130.00 ➝ $140.00	+15.98%
4/23/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$94.00 ➝ $125.00	+13.67%
3/20/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tanya Jakusconek Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Outperform	$152.00 ➝ $151.00	+56.28%
3/3/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alexander Hacking Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$118.00 ➝ $150.00	+26.40%
2/27/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bob Brackett Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$121.00 ➝ $157.00	+23.18%
2/26/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Jalonen Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$134.00 ➝ $151.00	+16.13%
2/10/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$120.00 ➝ $175.00	+45.23%
1/19/2026	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
4/25/2025	Cfra Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	M. Miller Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy
11/29/2024	CLSA Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	B. Moore Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Underperform
11/19/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Overweight
11/11/2024	Bernstein Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		$55.00 ➝ $58.00	+36.28%
9/30/2024	Veritas Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	M. Pradier Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:37 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 Sunday, July 5, 2026. 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 company reported a significant increase in quarterly revenue, which was up 45.8% year-over-year, indicating strong operational performance and growth potential.
Newmont Co. has a solid dividend yield of approximately 1.1%, with an annualized dividend of $1.04 per share, providing a steady income stream for investors.
Recent regulatory approvals for the Red Chris Block Cave project are expected to enhance the company's asset base and extend the mine's life, potentially increasing future production and profitability.
Analysts have maintained a positive outlook on Newmont Co., with several firms issuing buy ratings, suggesting confidence in the company's future performance and stock price appreciation.
The current stock price is around $111.40, which analysts believe has meaningful upside potential from recent trading levels, making it an attractive investment opportunity.

Newmont
Bear Case

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

Recent insider selling by an executive may raise concerns about the company's short-term outlook and could negatively impact investor sentiment.
The stock has experienced some short-term weakness, reflecting broader market trends, which may deter risk-averse investors.
Despite positive long-term projections, fluctuations in gold prices can significantly affect Newmont Co.'s profitability, introducing volatility to the investment.
While the company has strong growth prospects, any delays or issues in project development could hinder expected returns, making it a riskier investment.
Market conditions and economic uncertainties could impact the mining sector as a whole, potentially affecting Newmont Co.'s performance and stock value.

NEM Forecast - Frequently Asked Questions

According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Newmont is $138.78, with a high forecast of $175.00 and a low forecast of $111.00.

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last twelve months. There are currently 5 hold ratings, 16 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NEM shares.

According to analysts, Newmont's stock has a predicted upside of 41.35% based on their 12-month stock forecasts.

Over the previous 90 days, Newmont's stock had 3 downgrades and 2 upgrades by analysts.

Newmont has been rated by research analysts at Argus, Barclays, BMO Capital Markets, BNP Paribas Exane, Canaccord Genuity Group, Canadian Imperial Bank of Commerce, Jefferies Financial Group, Macquarie Infrastructure, National Bank Financial, Raymond James Financial, Royal Bank Of Canada, TD, TD Cowen, TD Securities, The Goldman Sachs Group, UBS Group, Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like Newmont more than other "basic materials" companies. The consensus rating score for Newmont is 2.92 while the average consensus rating score for "basic materials" companies is 2.59. Learn more on how NEM compares to other companies.

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This page (NYSE:NEM) was last updated on 7/6/2026 by MarketBeat.com Staff.

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Newmont (NEM) Stock Forecast & Price Target