NYSE:NEM - Newmont Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $70.97
  • Forecasted Upside: 53.27 %
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 10 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$46.30
▲ +0.56 (1.22%)

This chart shows the closing price for NEM by one month, three months, or twelve months.

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Analyst Price Target for NEM

Analyst Price Target is $70.97
▲ +53.27% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Newmont in the last 3 months. The average price target is $70.97, with a high forecast of $115.00 and a low forecast of $52.00. The average price target represents a 53.27% upside from the last price of $46.30.

This chart shows the closing price for NEM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 15 contributing investment analysts is to hold stock in Newmont. This rating has held steady since November 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 7 hold ratings
  • 0 sell ratings
2/17/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 0 sell ratings
5/18/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/16/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
11/14/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 9 hold ratings
  • 0 sell ratings
2/12/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 11 hold ratings
  • 0 sell ratings
5/13/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 11 hold ratings
  • 0 sell ratings
7/12/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 10 hold ratings
  • 0 sell ratings
8/11/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 10 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/27/2022Canaccord Genuity GroupUpgradeHold ➝ Buy$66.00 ➝ $60.00Low
7/27/2022Canaccord Genuity GroupUpgradeHold ➝ Buy$66.00 ➝ $60.00Low
7/27/2022National Bank FinancialUpgradeSector Perform ➝ OutperformLow
7/26/2022TD SecuritiesLower Price TargetHold$64.00 ➝ $52.00Low
7/26/2022Raymond JamesLower Price TargetOutperform$76.00 ➝ $71.00Low
7/21/2022National Bank FinancialLower Price TargetC$115.00 ➝ C$90.00Low
7/19/2022BarclaysLower Price TargetEqual Weight$68.00 ➝ $60.00Low
5/10/2022Fundamental ResearchReiterated RatingBuy$79.52Low
4/26/2022National BanksharesLower Price TargetSector Perform$119.00 ➝ $115.00Low
4/26/2022Canaccord Genuity GroupLower Price TargetHold$87.00 ➝ $80.00Low
4/26/2022Canaccord Genuity GroupLower Price Target$87.00 ➝ $80.00Low
4/25/2022TD SecuritiesLower Price TargetHold$82.00 ➝ $79.00Low
4/25/2022Raymond JamesLower Price TargetOutperform$92.00 ➝ $88.00Low
4/25/2022Sanford C. BernsteinDowngradeOutperform ➝ Market Perform$57.00Medium
4/20/2022National Bank FinancialDowngradeOutperform ➝ Sector Perform$94.28Low
4/19/2022Credit Suisse GroupDowngradeOutperform ➝ NeutralHigh
4/13/2022Raymond JamesSet Price TargetOutperform$82.00High
4/6/2022Raymond JamesBoost Price TargetOutperform$72.00 ➝ $82.00Low
3/9/2022Jefferies Financial GroupBoost Price TargetHold$67.00 ➝ $72.00Medium
3/1/2022Fundamental ResearchBoost Price TargetBuy ➝ Buy$61.10 ➝ $73.44Low
2/28/2022Bank of AmericaBoost Price Target$70.00 ➝ $75.00Medium
2/25/2022Raymond JamesBoost Price TargetOutperform$68.00 ➝ $72.00Low
2/10/2022Raymond JamesSet Price TargetOutperform$68.00High
2/9/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold$65.00Low
2/9/2022Canaccord Genuity GroupReiterated RatingBuy ➝ Hold$65.00Low
1/24/2022ScotiabankDowngradeSector Outperform ➝ Sector Perform$75.00 ➝ $72.00Low
1/7/2022National Bank FinancialBoost Price TargetC$92.00 ➝ C$98.00Low
12/8/2021BarclaysLower Price TargetEqual Weight$61.00 ➝ $59.00Low
12/6/2021TD SecuritiesLower Price TargetHold$65.00 ➝ $64.00Low
12/3/2021Raymond JamesLower Price TargetOutperform$70.00 ➝ $68.00High
11/29/2021Royal Bank of CanadaReiterated RatingSector Perform$61.00Low
11/24/2021National Bank FinancialLower Price TargetOutperform$95.00 ➝ $92.00Low
11/24/2021National BanksharesLower Price TargetOutperformC$95.00 ➝ C$92.00Low
11/1/2021TD SecuritiesLower Price TargetHold$70.00 ➝ $65.00Low
10/29/2021Raymond JamesLower Price TargetOutperform$75.00 ➝ $70.00High
10/29/2021CIBCDowngradeSector Outperform ➝ Neutral$81.00 ➝ $69.00High
10/13/2021Raymond JamesLower Price TargetOutperform$81.00 ➝ $75.00Low
10/6/2021Raymond JamesLower Price TargetOutperform$82.00 ➝ $81.00High
9/24/2021KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
7/23/2021UBS GroupSet Price TargetNeutral$64.00Low
7/23/2021Raymond JamesSet Price TargetOutperform$82.00Low
7/23/2021TD SecuritiesDowngradeBuy ➝ Hold$74.00 ➝ $70.00Low
7/16/2021National Bank FinancialLower Price TargetOutperformC$108.00 ➝ C$105.00Low
6/9/2021Raymond JamesBoost Price TargetOutperform$78.00 ➝ $82.00Low
5/17/2021Jefferies Financial GroupBoost Price TargetHold$53.00 ➝ $60.00High
5/5/2021ArgusBoost Price TargetBuy$65.00 ➝ $73.00Medium
4/30/2021Raymond JamesSet Price TargetOutperform$78.00Low
4/27/2021JPMorgan Chase & Co.Lower Price Target$83.00 ➝ $75.00Low
4/23/2021National Bank FinancialReiterated RatingOutperformLow
4/6/2021Raymond JamesLower Price TargetOutperform$86.00 ➝ $78.00Low
2/26/2021TD SecuritiesLower Price TargetBuy$78.00 ➝ $74.00Low
2/19/2021Fundamental ResearchLower Price TargetBuy ➝ Buy$74.35 ➝ $69.96Low
2/19/2021CitigroupLower Price Target$70.00 ➝ $66.00Low
2/19/2021Raymond JamesSet Price TargetOutperform$86.00Medium
2/12/2021Raymond JamesSet Price TargetOutperform$86.00Low
2/10/2021JPMorgan Chase & Co.Initiated CoverageOverweightLow
2/2/2021National Bank FinancialReiterated RatingOutperformLow
1/15/2021Raymond JamesLower Price TargetOutperform$90.00 ➝ $86.00Medium
1/11/2021National Bank FinancialReiterated RatingOutperformLow
12/9/2020Raymond JamesBoost Price TargetOutperform$88.00 ➝ $90.00Low
12/9/2020TD SecuritiesBoost Price TargetBuy$85.00 ➝ $86.00Low
10/30/2020Raymond JamesBoost Price TargetOutperform$85.00 ➝ $88.00Medium
9/24/2020Raymond JamesBoost Price TargetOutperform$80.00 ➝ $85.00Low
8/24/2020UBS GroupBoost Price TargetNeutral$58.00 ➝ $71.00Low
8/13/2020Fundamental ResearchBoost Price TargetBuy ➝ Buy$74.64 ➝ $75.59Low
7/31/2020Raymond JamesBoost Price TargetOutperform$78.00 ➝ $80.00Medium
7/30/2020Fundamental ResearchInitiated CoverageBuy$74.64Medium
7/29/2020Credit Suisse GroupReiterated RatingBuy$72.00Medium
7/28/2020Royal Bank of CanadaReiterated RatingHold$57.00Low
7/20/2020BarclaysBoost Price TargetEqual Weight$58.00 ➝ $61.00High
7/15/2020Raymond JamesBoost Price TargetOutperform$73.00 ➝ $78.00Low
6/29/2020CitigroupLower Price Target$74.00 ➝ $70.00Low
6/17/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$70.00 ➝ $74.00Low
5/20/2020Raymond JamesSet Price TargetOutperform$73.00Low
5/19/2020B. RileyBoost Price TargetBuy$96.00 ➝ $97.00Low
5/18/2020Standpoint ResearchDowngradeBuy ➝ HoldLow
5/7/2020B. RileyLower Price TargetBuy$98.00 ➝ $96.00Low
5/6/2020TD SecuritiesBoost Price TargetBuy$81.00 ➝ $83.00Low
5/6/2020Raymond JamesBoost Price TargetOutperform$68.00 ➝ $73.00Low
5/6/2020CitigroupBoost Price Target$46.00 ➝ $70.00Low
5/6/2020Bank of AmericaReiterated RatingBuy$73.00 ➝ $82.00Medium
5/6/2020JPMorgan Chase & Co.Boost Price TargetOverweight$70.00 ➝ $73.00Medium
5/6/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$54.00 ➝ $70.00High
4/30/2020Royal Bank of CanadaReiterated RatingHold$48.00High
4/17/2020UBS GroupBoost Price TargetNeutral$46.00 ➝ $58.00Medium
4/16/2020Royal Bank of CanadaReiterated RatingHold$48.00Low
4/16/2020JPMorgan Chase & Co.Boost Price TargetOverweight$61.00 ➝ $70.00Medium
4/16/2020BarclaysDowngradeOverweight ➝ Equal Weight$58.00Medium
4/9/2020JPMorgan Chase & Co.Initiated CoverageOverweight$61.00High
4/2/2020BMO Capital MarketsLower Price TargetOutperform$60.00 ➝ $59.00Medium
3/31/2020Raymond JamesLower Price TargetOutperform$56.00 ➝ $55.00High
3/26/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$50.00 ➝ $54.00Medium
3/25/2020Royal Bank of CanadaReiterated RatingHold$48.00Medium
3/24/2020Raymond JamesLower Price TargetOutperform$58.00 ➝ $56.00High
3/18/2020Raymond JamesSet Price TargetOutperform$58.00Medium
3/11/2020B. RileyBoost Price TargetBuy$54.00 ➝ $55.00High
3/2/2020Raymond JamesReiterated RatingOutperform$58.00Low
2/25/2020B. RileyBoost Price TargetBuy$47.00 ➝ $54.00Low
2/23/2020CIBCUpgradeNeutral ➝ Outperform$58.00Medium
2/21/2020TD SecuritiesBoost Price TargetBuy$51.00 ➝ $58.00Low
2/21/2020Raymond JamesBoost Price TargetOutperform$50.00 ➝ $51.00Low
2/14/2020Raymond JamesReiterated RatingOutperform$50.00Medium
2/6/2020B. RileyLower Price TargetBuy$48.00 ➝ $47.00Low
2/6/2020UBS GroupInitiated CoverageNeutral$46.00Low
1/13/2020B. RileyUpgradeNeutral ➝ Buy$42.00 ➝ $48.00Low
12/18/2019Raymond JamesSet Price TargetOutperform$48.00Low
12/17/2019B. RileyReiterated RatingHold$42.40Low
12/16/2019Eight CapitalInitiated CoverageHoldMedium
12/5/2019B. RileyInitiated CoverageHold$42.40High
12/4/2019Royal Bank of CanadaInitiated CoverageHold$45.00High
12/3/2019Raymond JamesReiterated RatingOutperform$48.00Medium
12/3/2019BMO Capital MarketsLower Price TargetOutperform$50.00 ➝ $47.00Low
12/3/2019Deutsche Bank AktiengesellschaftBoost Price TargetBuy$45.00 ➝ $46.00Medium
11/27/2019Raymond JamesReiterated RatingOutperform$51.00Low
11/6/2019Raymond JamesSet Price TargetOutperform$51.00Low
10/23/2019National Bank FinancialReiterated RatingOutperform Market WeightLow
10/21/2019B. RileyLower Price TargetNeutral$43.90 ➝ $41.30Low
10/15/2019BarclaysSet Price TargetBuy$45.00Low
10/3/2019Deutsche Bank AktiengesellschaftUpgradeHold ➝ BuyLow
9/24/2019BarclaysSet Price TargetBuy$43.00High
9/23/2019Raymond JamesSet Price TargetOutperform$47.00Low
9/12/2019MacquarieInitiated CoverageNeutralLow
9/11/2019CitigroupBoost Price TargetBuy$44.00 ➝ $46.00Low
9/11/2019BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$45.00 ➝ $50.00Low
9/9/2019B. RileyBoost Price TargetNeutral$35.10 ➝ $45.40Low
9/9/2019Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$45.00High
8/19/2019TD SecuritiesLower Price TargetAction List Buy$52.00 ➝ $50.00Low
8/4/2019BarclaysReiterated RatingBuy$44.00High
7/11/2019Deutsche Bank AktiengesellschaftSet Price TargetHold$41.00Low
7/3/2019BMO Capital MarketsInitiated CoverageOutperform ➝ Market Perform$45.00Low
6/25/2019TD SecuritiesBoost Price TargetAction List Buy$46.00 ➝ $47.00Medium
5/23/2019CitigroupUpgradeNeutral ➝ Buy$40.00Low
4/26/2019Raymond JamesReiterated RatingOutperform$47.00Low
4/22/2019TD SecuritiesUpgradeHold ➝ Buy$38.00 ➝ $46.00Low
4/10/2019Deutsche Bank AktiengesellschaftReiterated RatingHold$35.00 ➝ $36.00Medium
4/9/2019BarclaysBoost Price TargetOverweight ➝ Overweight$39.00 ➝ $41.00Low
4/8/2019Royal Bank of CanadaLower Price TargetUnderperform$39.00Low
4/4/2019DesjardinsReiterated RatingBuy$43.00Low
3/28/2019BarclaysReiterated RatingBuy$39.00Low
3/26/2019Raymond JamesSet Price TargetOutperform$47.00Low
3/19/2019B. RileyReiterated RatingNeutral ➝ Neutral$38.40Low
3/12/2019Raymond JamesSet Price TargetOutperform$47.00Low
3/5/2019Raymond JamesLower Price TargetOutperform$48.00 ➝ $47.00Low
2/22/2019Jefferies Financial GroupReiterated RatingHold$33.00Low
2/22/2019Raymond JamesReiterated RatingOutperform$48.00Low
1/16/2019Credit Suisse GroupReiterated RatingHold ➝ BuyLow
1/15/2019B. RileyReiterated RatingNeutralMedium
1/15/2019Raymond JamesBoost Price TargetOutperform$46.00 ➝ $48.00Low
1/15/2019CIBCDowngradeOutperform ➝ Neutral$48.00 ➝ $41.00High
12/12/2018Royal Bank of CanadaSet Price TargetSell$41.00Low
12/7/2018Raymond JamesSet Price TargetOutperform$46.00Low
12/7/2018Deutsche Bank AktiengesellschaftSet Price TargetHold$36.00Medium
11/9/2018Raymond JamesBoost Price TargetOutperform$44.00 ➝ $46.00Medium
11/9/2018Credit Suisse GroupSet Price TargetBuy$49.00N/A
11/1/2018TD SecuritiesBoost Price TargetHold$37.00 ➝ $38.00Low
10/26/2018Raymond JamesLower Price TargetOutperform$45.00 ➝ $44.00Low
10/10/2018BarclaysInitiated CoverageOverweight$34.00High
10/8/2018Jefferies Financial GroupReiterated RatingHold$33.00Medium
10/2/2018Deutsche Bank AktiengesellschaftSet Price TargetHold$37.00High
9/21/2018BMO Capital MarketsReiterated RatingBuy$46.00Medium
9/17/2018JPMorgan Chase & Co.Lower Price TargetOverweight$47.00 ➝ $40.00Low
8/29/2018CitigroupLower Price TargetNeutral ➝ Neutral$42.00 ➝ $36.00Medium
6/12/2018Morgan StanleyUpgradeEqual Weight ➝ OverweightLow
4/11/2018Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Hold$40.00 ➝ $41.00High
4/4/2018Royal Bank of CanadaReiterated RatingSell$44.00Low
3/28/2018BMO Capital MarketsSet Price TargetBuy$46.00Low
3/12/2018Royal Bank of CanadaDowngradeSector Perform ➝ Underperform$37.71 ➝ $43.00Medium
3/1/2018ScotiabankReiterated RatingBuy$49.00Low
3/1/2018CitigroupBoost Price TargetNeutral ➝ Neutral$37.00 ➝ $42.00Low
2/27/2018B. RileyBoost Price TargetNeutral$40.00 ➝ $41.00Low
2/26/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$46.00 ➝ $49.00Low
1/16/2018Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$42.00 ➝ $40.00Medium
1/15/2018ScotiabankSet Price TargetBuy$48.00Medium
12/20/2017BMO Capital MarketsReiterated RatingBuy$43.00Low
12/5/2017Royal Bank of CanadaReiterated RatingHold$43.00Low
11/14/2017BMO Capital MarketsSet Price TargetBuy$45.00N/A
11/1/2017B. RileyReiterated RatingNeutralN/A
10/31/2017FBR & Co.Set Price TargetHold$40.00N/A
10/19/2017TD SecuritiesSet Price TargetHold$42.00N/A
8/28/2017Royal Bank of CanadaSet Price TargetHold$41.00High
8/23/2017BMO Capital MarketsSet Price TargetBuy$40.00Low
(Data available from 8/11/2017 forward)

News Sentiment Rating

0.14 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/13/2022
  • 10 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
2/12/2022
  • 5 very positive mentions
  • 35 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/14/2022
  • 4 very positive mentions
  • 23 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
4/13/2022
  • 3 very positive mentions
  • 42 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
5/13/2022
  • 5 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
6/12/2022
  • 4 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/12/2022
  • 6 very positive mentions
  • 37 positive mentions
  • 12 negative mentions
  • 3 very negative mentions
8/11/2022

Current Sentiment

  • 6 very positive mentions
  • 37 positive mentions
  • 12 negative mentions
  • 3 very negative mentions

Recent Stories by Sentiment

Newmont logo
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
Read More

Today's Range

Now: $46.30
Low: $45.75
High: $46.56

50 Day Range

MA: $57.15
Low: $44.40
High: $68.79

52 Week Range

Now: $46.30
Low: $43.90
High: $86.37

Volume

66,039 shs

Average Volume

12,542,413 shs

Market Capitalization

$36.75 billion

P/E Ratio

46.77

Dividend Yield

4.86%

Beta

0.26

Frequently Asked Questions

What sell-side analysts currently cover shares of Newmont?

The following sell-side analysts have issued reports on Newmont in the last twelve months: Bank of America Co., Barclays PLC, Canaccord Genuity Group Inc., CIBC, Credit Suisse Group AG, Fundamental Research, Jefferies Financial Group Inc., KeyCorp, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Sanford C. Bernstein, Scotiabank, StockNews.com, and TD Securities.
View the latest analyst ratings for NEM.

What is the current price target for Newmont?

14 Wall Street analysts have set twelve-month price targets for Newmont in the last year. Their average twelve-month price target is $70.97, suggesting a possible upside of 55.2%. National Bankshares, Inc. has the highest price target set, predicting NEM will reach $115.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of $52.00 for Newmont in the next year.
View the latest price targets for NEM.

What is the current consensus analyst rating for Newmont?

Newmont currently has 10 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NEM, but not buy more shares or sell existing shares.
View the latest ratings for NEM.

What other companies compete with Newmont?

How do I contact Newmont's investor relations team?

Newmont's physical mailing address is 6363 SOUTH FIDDLER`S GREEN CIRCLE, GREENWOOD VILLAGE CO, 80111. The basic materials company's listed phone number is (303) 863-7414 and its investor relations email address is [email protected] The official website for Newmont is www.newmontgoldcorp.com. Learn More about contacing Newmont investor relations.