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Newmont (NEM) Stock Forecast, Price Target & Predictions

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NEM Stock Forecast

Newmont (NEM) stock forecast, based on 34 Wall Street analysts, predicts a 12-month average price target of $53.50, with a high of $54.00 and a low of $53.00. This represents a -4.38% decline from the last price of $55.95.

$30 $36 $42 $48 $54 $60 High: $54 Avg: $53.5 Low: $53 Last Closed Price: $55.95

NEM Stock Rating

Newmont stock's rating consensus is Buy, based on 34 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 23 Buy (67.65%), 11 Hold (32.35%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 34 0 11 23 Strong Sell Sell Hold Buy Strong Buy

NEM Price Target Upside V Benchmarks

TypeNameUpside
StockNewmont-4.38%
SectorBasic Materials Stocks 21.24%

Price Target Trends

1M3M12M
# Anlaysts--10
Avg Price Target--$55.70
Last Closing Price$55.95$55.95$55.95
Upside/Downside---0.45%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25388--19
Mar, 25487--19
Feb, 25487--19
Jan, 25488--20
Dec, 24389--20
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Daniel MajorUBS$54.00$47.8012.97%-3.49%
Oct 24, 2024Josh WolfsonRBC Capital$53.00$57.74-8.21%-5.27%
Oct 04, 2024Matthew MurphyJefferies$63.00$53.0418.78%12.60%
Sep 10, 2024Matthew MurphyJefferies$54.00$51.305.26%-3.49%
Aug 29, 2024John EadeArgus Research$58.00$51.8311.90%3.66%
Aug 19, 2024Tanya JakusconekScotiabank$59.00$51.1915.26%5.45%
Jul 25, 2024Jackie PrzybylowskiBMO Capital$57.00$47.7019.50%1.88%
Jul 10, 2024Anita SoniCIBC$61.00$45.3634.48%9.03%
Jun 17, 2024Daniel MajorUBS$50.00$40.9722.04%-10.63%
May 23, 2024Tanya JakusconekScotiabank$48.00$41.2816.28%-14.21%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 04, 2025Raymond JamesOutperformOutperformhold
Jan 13, 2025Goldman SachsBuyBuyinitialise
Oct 30, 2024UBSBuyNeutraldowngrade
Oct 24, 2024CIBCOutperformNeutraldowngrade
Oct 24, 2024RBC CapitalSector PerformSector Performhold
Oct 04, 2024JefferiesBuyBuyhold
Sep 17, 2024UBSBuyBuyhold
Sep 10, 2024JefferiesBuyBuyhold
Aug 19, 2024ScotiabankSector PerformOutperformupgrade
Jul 25, 2024BMO CapitalOutperformOutperformhold

Financial Forecast

EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.52$0.01$-0.64$-3.00$0.03----
Avg Forecast$2.55$2.96$1.85$1.51$3.08$3.65$3.86$3.89$4.23
High Forecast$2.96$3.43$2.14$1.68$3.31$4.77$4.60$4.64$5.04
Low Forecast$2.14$2.48$1.67$1.27$2.93$3.11$3.49$3.52$3.83
Surprise %38.04%-99.66%-134.59%-298.68%-99.03%----

Revenue Forecast

$10B $13B $16B $19B $22B $25B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$11.50B$12.22B$11.91B$11.81B-----
Avg Forecast$11.42B$12.19B$11.81B$11.34B$18.21B$18.33B$18.54B$19.00B$20.10B
High Forecast$12.84B$13.71B$13.24B$13.02B$18.54B$20.16B$21.29B$21.81B$23.07B
Low Forecast$10.01B$10.68B$10.94B$10.52B$17.76B$16.93B$17.20B$17.62B$18.64B
Surprise %0.64%0.24%0.90%4.13%-----

Net Income Forecast

$-3B $-2B $0 $2B $3B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.83B$10.00M$-506.00M$-2.52B$33.00M----
Avg Forecast$2.74B$1.13B$906.02M$996.62M$2.59B$3.07B$3.24B$3.27B$3.56B
High Forecast$3.29B$1.37B$1.11B$1.22B$2.78B$4.01B$3.87B$3.90B$4.24B
Low Forecast$2.19B$885.09M$704.84M$775.32M$2.46B$2.62B$2.94B$2.96B$3.22B
Surprise %3.18%-99.11%-155.85%-352.95%-98.72%----

NEM Forecast FAQ

Is Newmont stock a buy?

Newmont stock has a consensus rating of Buy, based on 34 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 23 Buy, 11 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Newmont is a favorable investment for most analysts.

What is Newmont's price target?

Newmont's price target, set by 34 Wall Street analysts, averages $53.5 over the next 12 months. The price target range spans from $53 at the low end to $54 at the high end, suggesting a potential -4.38% change from the previous closing price of $55.95.

How does Newmont stock forecast compare to its benchmarks?

Newmont's stock forecast shows a -4.38% downside, underperforming the average forecast for the basic materials stocks sector (21.24%).

What is the breakdown of analyst ratings for Newmont over the past three months?

  • April 2025: 15.79% Strong Buy, 42.11% Buy, 42.11% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 21.05% Strong Buy, 42.11% Buy, 36.84% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 21.05% Strong Buy, 42.11% Buy, 36.84% Hold, 0% Sell, 0% Strong Sell.

What is Newmont’s EPS forecast?

Newmont's average annual EPS forecast for its fiscal year ending in December 2025 is $3.65, marking a 12066.67% increase from the reported $0.03 in 2024. Estimates for the following years are $3.86 in 2026, $3.89 in 2027, and $4.23 in 2028.

What is Newmont’s revenue forecast?

Newmont's average annual revenue forecast for its fiscal year ending in December 2025 is $18.33B, reflecting a 0% decrease from the reported $0 in 2024. The forecast for 2026 is $18.54B, followed by $19B for 2027, and $20.1B for 2028.

What is Newmont’s net income forecast?

Newmont's net income forecast for the fiscal year ending in December 2025 stands at $3.07B, representing an 9202.66% increase from the reported $33M in 2024. Projections indicate $3.24B in 2026, $3.27B in 2027, and $3.56B in 2028.