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Newmont (NGT) Stock Forecast & Price Target

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C$102.13 +1.73 (+1.72%)
As of 12:41 PM Eastern
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Newmont - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Buy
Based on 11 Analyst Ratings
Sell
0
Hold
5
Buy
6

Based on 11 Wall Street analysts who have issued ratings for Newmont in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 5 have given a hold rating, 1 has given a buy rating, and 5 have given a strong buy rating for NGT.

Consensus Price Target

C$62.50
-38.80% Downside
According to the 11 analysts' twelve-month price targets for Newmont, the average price target is C$62.50. The highest price target for NGT is C$80.00, while the lowest price target for NGT is C$45.00. The average price target represents a forecasted downside of -38.80% from the current price of C$102.13.
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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NGT Analyst Ratings Over Time

TypeCurrent Forecast
8/29/24 to 8/29/25		1 Month Ago
7/30/24 to 7/30/25		3 Months Ago
5/31/24 to 5/31/25		1 Year Ago
8/30/23 to 8/29/24
Strong Buy
5 Strong Buy rating(s)
6 Strong Buy rating(s)
6 Strong Buy rating(s)
5 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$62.50C$62.50C$62.50C$68.00
Forecasted Upside-38.80% Downside-27.55% Downside-12.90% Downside-5.17% Downside
Consensus Rating
Buy
Buy
Buy
Strong Buy

NGT 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

NGT 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 Companies
Consensus Rating Score
3.00
2.71
Consensus RatingBuyModerate Buy
News Sentiment Rating
Neutral News

See Recent NGT News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/25/2025National Bank Financial
5 of 5 stars		 UpgradeHold ➝ Strong-Buy
7/8/2025Stifel Canada
5 of 5 stars		R. Profiti
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeStrong-Buy
7/8/2025The Goldman Sachs Group
3 of 5 stars		H. Nicolaci
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeStrong-Buy ➝ Hold
4/25/2025Cfra Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		M. Miller
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeStrong-Buy
4/15/2025BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating		M. Murphy
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeStrong-Buy
4/11/2025UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		D. Major
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold ➝ Strong-Buy
3/19/2025National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetSector PerformC$75.00 ➝ C$80.00+16.72%
12/23/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuyC$66.00 ➝ C$45.00-17.99%
11/29/2024CLSA
Subscribe to MarketBeat All Access for the recommendation accuracy rating		B. Moore
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold
10/28/2024Cibc World Mkts
Subscribe to MarketBeat All Access for the recommendation accuracy rating		A. Soni
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeStrong-Buy ➝ Hold
10/25/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		T. Jakusconek
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeStrong-Buy ➝ Hold
8/29/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		W. Selesky
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold ➝ Strong-Buy
6/21/2024BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating		A. Spence
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeStrong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:02 PM ET.


Should I Buy Newmont Stock? NGT 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, August 28, 2025. 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.:

  • Recent earnings estimates for Q3 2025 have been significantly raised, indicating strong anticipated performance, with projected earnings per share now at $1.56.
  • The current stock price is around C$94.17, reflecting a robust market position and potential for growth.
  • Newmont Co. has received multiple upgrades from analysts, with several firms rating the stock as a "strong-buy," suggesting strong confidence in its future performance.
  • The company has a diverse portfolio, producing not only gold but also copper, silver, lead, and zinc, which can help mitigate risks associated with fluctuations in gold prices.
  • With a market capitalization of C$74.91 billion, Newmont Co. is a major player in the mining industry, providing stability and potential for long-term investment returns.

Newmont
Bear Case

red Wall Street bear icon

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

  • The company has a negative price-to-earnings ratio, which may indicate challenges in profitability or market perception.
  • Newmont Co. has a relatively high debt-to-equity ratio, suggesting that it relies significantly on debt financing, which can increase financial risk.
  • Despite recent upgrades, the stock has experienced volatility, with a 1-year high of C$96.62 and a low of C$53.03, indicating potential instability.
  • The average target price from analysts is C$62.50, which is significantly lower than the current stock price, suggesting that the stock may be overvalued.
  • Market conditions for mining companies can be unpredictable, influenced by commodity prices and regulatory changes, which may pose risks to future earnings.

NGT Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Newmont is C$62.50, with a high forecast of C$80.00 and a low forecast of C$45.00.

11 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, 1 buy rating and 5 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NGT shares.

According to analysts, Newmont's stock has a predicted downside of -38.80% based on their 12-month stock forecasts.

Over the previous 90 days, Newmont's stock had 2 upgrades and 1 downgrade by analysts.

Newmont has been rated by research analysts at National Bank Financial, Stifel Canada, and The Goldman Sachs Group in the past 90 days.

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

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This page (TSE:NGT) was last updated on 8/29/2025 by MarketBeat.com Staff
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