Newmont (NEM) Stock Forecast & Price Target

$93.16 -1.56 (-1.65%)

Closing price 07/24/2026 03:59 PM Eastern

Extended Trading

$93.24 +0.08 (+0.09%)

As of 07/24/2026 07:34 PM Eastern

Compare

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

Consensus Rating

Moderate Buy

Based on 24 Analyst Ratings

Sell
0

Hold
4

Buy
20

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, 4 have given a hold rating, 18 have given a buy rating, and 2 have given a strong buy rating for NEM.

Consensus Price Target

$136.26
46.27% Upside

According to the 24 analysts' twelve-month price targets for Newmont, the average price target is $136.26. 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 46.27% from the current price of $93.16.

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.

Get the Latest News and Ratings for NEM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Newmont and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

NEM Analyst Ratings Over Time

Type	Current Forecast 7/26/25 to 7/26/26	1 Month Ago 6/26/25 to 6/26/26	3 Months Ago 4/27/25 to 4/27/26	1 Year Ago 7/26/24 to 7/26/25
Strong Buy	2 Strong Buy rating(s)	3 Strong Buy rating(s)	1 Strong Buy rating(s)	4 Strong Buy rating(s)
Buy	18 Buy rating(s)	16 Buy rating(s)	16 Buy rating(s)	6 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	6 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	$136.26	$140.50	$141.36	$62.49
Forecasted Upside	46.27% Upside	46.21% Upside	21.75% Upside	-4.96% 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	2.60	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	46.27% Upside	161.92% Upside	14.30% 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

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/15/2026	Barclays 3 of 5 stars	Richard Garchitorena Not Rated	Lower Target	Overweight	$133.00 ➝ $125.00	+32.84%
7/15/2026	Citigroup 4 of 5 stars		Reiterated Rating	Positive
7/14/2026	Zacks Research Not Rated		Downgrade	Strong-Buy ➝ Hold
7/14/2026	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Steven Green Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
7/14/2026	TD Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy	$129.00 ➝ $127.00	+34.37%
7/14/2026	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	Lower Target	Sector Perform	$140.00 ➝ $125.00	+32.25%
7/14/2026	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	$151.00 ➝ $147.00	+55.15%
7/9/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Josh Wolfson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$140.00 ➝ $135.00	+42.87%
7/9/2026	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	Lower Target	Buy	$157.00 ➝ $132.00	+41.63%
7/6/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Fahad Tariq Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$158.00 ➝ $146.00	+50.59%
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.
7/1/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$122.50 ➝ $111.40	+17.29%
6/30/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		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	Macquarie Infrastructure Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	$133.00 ➝ $123.00	+15.48%
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%
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
4/23/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$94.00 ➝ $125.00	+13.67%
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%
2/10/2026	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 Sunday at 10:36 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 Thursday, July 23, 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.:

Newmont Co. has demonstrated strong financial performance, with a recent net margin indicating efficient management of expenses relative to revenue.
The company reported significant revenue growth, showcasing a year-over-year increase that reflects its operational strength and market demand for gold.
Newmont Co. has a solid return on equity, suggesting that it effectively generates profits from shareholders' investments, which is a positive indicator for potential investors.
Recent analyst upgrades and positive sentiment highlight confidence in Newmont Co.'s future earnings potential, with some projecting substantial earnings per share growth.
The current stock price is around $102, which some analysts believe may be undervalued compared to the company's net asset value, presenting a potential buying opportunity.

Newmont
Bear Case

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

Concerns about fluctuating gold prices could impact Newmont Co.'s profitability, as lower prices may lead to reduced revenue.
The company has faced recent downgrades from analysts, indicating a cautious outlook that may affect investor confidence.
Higher operational costs have been noted, which could squeeze profit margins and affect overall financial performance.
Investor sentiment has been mixed, with some recent sessions showing the stock underperforming compared to the broader market, raising concerns about its stability.
There is uncertainty regarding upcoming earnings reports, which may not meet market expectations, potentially leading to stock price volatility.

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 $136.26, with a high forecast of $175.00 and a low forecast of $111.00.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last twelve months. There are currently 4 hold ratings, 18 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NEM shares.

According to analysts, Newmont's stock has a predicted upside of 46.27% based on their 12-month stock forecasts.

Over the previous 90 days, Newmont's stock had 4 upgrades and 3 downgrades by analysts.

Newmont has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, BNP Paribas Exane, Canaccord Genuity Group, Canadian Imperial Bank of Commerce, Citigroup, Jefferies Financial Group, Macquarie Infrastructure, National Bank Financial, Raymond James Financial, Royal Bank Of Canada, Scotiabank, 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 2.60. Learn more on how NEM compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Newmont Recommendations

This page (NYSE:NEM) was last updated on 7/26/2026 by MarketBeat.com Staff.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Newmont (NEM) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

NEM Analyst Ratings Over Time

NEM Analyst Recommendations By Month

NEM Price Targets by Month

Newmont Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Newmont Stock? NEM Pros and Cons Explained

Newmont
Bull Case

Newmont
Bear Case

NEM Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Newmont Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Newmont (NEM) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

NEM Analyst Ratings Over Time

NEM Analyst Recommendations By Month

NEM Price Targets by Month

Newmont Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Newmont Stock? NEM Pros and Cons Explained

Newmont Bull Case

Newmont Bear Case

NEM Forecast - Frequently Asked Questions

What is Newmont's forecast for 2026?

Should I buy or sell Newmont stock right now?

Does Newmont's stock price have much upside?

Has Newmont been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Newmont?

Do Wall Street analysts like Newmont more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Newmont Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Newmont
Bull Case

Newmont
Bear Case