S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
This Skill Could Change The Way You Trade! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
This Skill Could Change The Way You Trade! (Ad)pixel
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
This Skill Could Change The Way You Trade! (Ad)pixel
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
This Skill Could Change The Way You Trade! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
This Skill Could Change The Way You Trade! (Ad)pixel
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
This Skill Could Change The Way You Trade! (Ad)pixel
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
This Skill Could Change The Way You Trade! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
This Skill Could Change The Way You Trade! (Ad)pixel
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
This Skill Could Change The Way You Trade! (Ad)pixel
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
This Skill Could Change The Way You Trade! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
This Skill Could Change The Way You Trade! (Ad)pixel
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
This Skill Could Change The Way You Trade! (Ad)pixel
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NYSE:NEM

Newmont - NEM Price Target & Analyst Ratings

$48.57
+1.10 (+2.32%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$48.16
$49.65
50-Day Range
$37.79
$47.47
52-Week Range
$37.45
$86.37
Volume
10.48 million shs
Average Volume
8.29 million shs
Market Capitalization
$38.55 billion
P/E Ratio
38.55
Dividend Yield
4.63%
Price Target
$63.56

Newmont Consensus Rating and Price Target (2023)

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 Analyst Rating

Moderate Buy
Based on 14 Analyst Ratings

Consensus Analyst Price Target

$64.46
32.71% Upside
High Prediction$115.00
Average Prediction$64.46
Low Prediction$47.00
TypeCurrent
12/2/21 to 12/2/22
1 Month Ago
11/2/21 to 11/2/22
3 Months Ago
9/3/21 to 9/3/22
1 Year Ago
12/2/20 to 12/2/21
Consensus Rating
Moderate Buy
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
Hold
7 Hold rating(s)
8 Hold rating(s)
10 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$64.46$64.78$70.16$69.54
Predicted Upside32.71% Upside20.59% Upside20.50% Upside19.23% Upside
Get Newmont Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for NEM and its competitors with MarketBeat's FREE daily newsletter.


NEM Analyst Ratings 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
2.50
2.60
2.48
Consensus RatingModerate BuyBuyHold
Predicted Upside32.87% Upside157.89% Upside11.36% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
884
64.10%
Underperform Votes
495
35.90%
Avg. Outperform Votes
129
62.62%
Avg. Underperform Votes
77
37.38%
Avg. Outperform Votes
853
68.13%
Avg. Underperform Votes
399
31.87%

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/21/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$54.00+20.46%
11/21/2022Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight$55.00 ➝ $54.00+19.65%
11/15/2022Fundamental Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$63.91 ➝ $52.00+13.54%
11/2/2022TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHold$49.00 ➝ $47.00+15.88%
11/2/2022Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$60.00 ➝ $58.00+43.00%
10/27/2022Eight Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$58.00+34.79%
10/13/2022National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Parkin
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetC$79.00 ➝ C$80.00
9/12/2022The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$53.00+22.77%
9/6/2022UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$50.00+19.99%
7/27/2022Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Carey MacRury
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Buy$66.00 ➝ $60.00+30.04%
4/26/2022National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
John Sclodnick
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetSector Perform$119.00 ➝ $115.00+58.47%
4/25/2022Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Market Perform$57.00-23.51%
3/9/2022Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold$67.00 ➝ $72.00-7.23%
2/28/2022Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$70.00 ➝ $75.00+12.19%
1/24/2022Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeSector Outperform ➝ Sector Perform$75.00 ➝ $72.00+14.12%
11/29/2021Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSector Perform$61.00+9.91%
10/29/2021CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeSector Outperform ➝ Neutral$81.00 ➝ $69.00+25.36%
9/24/2021KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageSector Weight ➝ Sector Weight
5/5/2021Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$65.00 ➝ $73.00+14.42%
4/27/2021JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$83.00 ➝ $75.00+16.80%
2/19/2021Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$70.00 ➝ $66.00+17.65%
6/17/2020Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$70.00 ➝ $74.00+32.26%
5/19/2020B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Graf
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy$96.00 ➝ $97.00+46.39%
5/18/2020Standpoint Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
4/2/2020BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$60.00 ➝ $59.00+20.78%
(Data available from 12/2/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)












NEM Price Target - Frequently Asked Questions

What is Newmont's consensus rating and price target?

According to the issued ratings of 14 analysts in the last year, the consensus rating for Newmont stock is Moderate Buy based on the current 7 hold ratings and 7 buy ratings for NEM. The average twelve-month price prediction for Newmont is $64.46 with a high price target of $115.00 and a low price target of $47.00. Learn more on NEM's analyst rating history.

Do Wall Street analysts like Newmont more than its competitors?

Analysts like Newmont less than other Basic Materials companies. The consensus rating for Newmont is Moderate Buy while the average consensus rating for basic materials companies is Buy. Learn more on how NEM compares to other companies.

Do MarketBeat users like Newmont more than its competitors?

MarketBeat users like Newmont more than other Basic Materials companies. 64.10% of MarketBeat users gave Newmont an outperform vote while basic materials companies recieve an average of 62.44% outperform votes by MarketBeat users.

Is Newmont being upgraded by Wall Street analysts?

Over the previous 90 days, Newmont's stock had 1 upgrade by analysts.

Does Newmont's stock price have much upside?

According to analysts, Newmont's stock has a predicted upside of 19.40% based on their 12-month price targets.

What analysts cover Newmont?

Stock Ratings Reports and Tools

This page (NYSE:NEM) was last updated on 12/2/2022 by MarketBeat.com Staff