Newmont Corporation (NEM)
NYSE: NEM · Real-Time Price · USD
58.23
-0.03 (-0.05%)
At close: Jun 20, 2025, 4:00 PM
58.25
+0.02 (0.03%)
After-hours: Jun 20, 2025, 7:59 PM EDT
Newmont Stock Forecast
Stock Price Forecast
The 11 analysts that cover Newmont stock have a consensus rating of "Buy" and an average price target of $57.11, which forecasts a -1.92% decrease in the stock price over the next year. The lowest target is $50 and the highest is $63.
Price Target: $57.11 (-1.92%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 11, 2025.
Analyst Ratings
The average analyst rating for Newmont stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 5 | 5 | 5 | 4 | 4 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 13 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Buy Upgrades $50 → $60 | Hold → Strong Buy | Upgrades | $50 → $60 | +3.04% | Apr 11, 2025 |
| Raymond James | Raymond James | Buy Maintains $54 → $63 | Buy | Maintains | $54 → $63 | +8.19% | Apr 4, 2025 |
| RBC Capital | RBC Capital | Hold Maintains $51 → $52 | Hold | Maintains | $51 → $52 | -10.70% | Apr 4, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $52 → $50 | Hold | Maintains | $52 → $50 | -14.13% | Jan 21, 2025 |
| CLSA | CLSA | Sell Initiates n/a | Sell | Initiates | n/a | n/a | Nov 29, 2024 |
Financial Forecast
Revenue This Year
19.31B
from 18.68B
Increased by 3.36%
Revenue Next Year
19.14B
from 19.31B
Decreased by -0.91%
EPS This Year
4.47
from 2.92
Increased by 53.09%
EPS Next Year
4.43
from 4.47
Decreased by -0.82%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 21.7B | 22.8B | 23.5B | |
| Avg | 19.3B | 19.1B | 18.9B | |
| Low | 17.0B | 16.1B | 16.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 16.2% | 18.1% | 22.6% | |
| Avg | 3.4% | -0.9% | -1.1% | |
| Low | -9.2% | -16.4% | -16.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.16 | 6.20 | 6.72 | ||
| Avg | 4.47 | 4.43 | 4.39 | ||
| Low | 3.59 | 2.65 | 2.55 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 76.6% | 38.6% | 51.6% | ||
| Avg | 53.1% | -0.8% | -0.9% | ||
| Low | 22.9% | -40.6% | -42.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.