NYSE:NEM - Newmont Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $72.90
  • Forecasted Upside: 27.91 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$56.99
▲ +0.61 (1.08%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Newmont Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for NEM and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for NEM

Analyst Price Target is $72.90
▲ +27.91% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Newmont in the last 3 months. The average price target is $72.90, with a high forecast of $105.00 and a low forecast of $60.00. The average price target represents a 27.91% upside from the last price of $56.99.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 10 contributing investment analysts is to buy stock in Newmont. This Buy consensus rating has held steady for over two years.

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
  • 6 hold ratings
  • 0 sell ratings
4/28/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 7 hold ratings
  • 0 sell ratings
7/27/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
10/25/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/23/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/23/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/22/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/20/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
7/23/2021Canaccord GenuityLower Price TargetBuy$74.00 ➝ $71.00Low
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
1/15/2019Canaccord GenuityUpgradeHold ➝ Buy$37.00 ➝ $42.00High
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
10/22/2018Canaccord GenuityReiterated RatingHold$37.00Medium
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
7/24/2018Canaccord GenuitySet Price TargetHold$40.00Medium
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
7/27/2017ArgusUpgradeHold ➝ Buy$43.00High
7/26/2017TD SecuritiesBoost Price TargetHold$36.00 ➝ $50.00Medium
7/26/2017ScotiabankBoost Price TargetOutperform$43.50 ➝ $55.00Medium
7/18/2017Credit Suisse GroupSet Price TargetBuy$45.00Low
7/18/2017Royal Bank of CanadaReiterated RatingHold$40.00Low
7/14/2017Jefferies Financial GroupReiterated RatingHold$37.00 ➝ $35.00Low
7/5/2017ScotiabankUpgradeSector Perform ➝ Outperform$43.00 ➝ $43.50High
6/25/2017Deutsche Bank AktiengesellschaftReiterated RatingBuy$44.00 ➝ $42.00Low
6/15/2017Raymond JamesInitiated CoverageOutperform$43.00Medium
6/14/2017Credit Suisse GroupReiterated RatingBuy$47.00High
6/12/2017Royal Bank of CanadaSet Price TargetHold$40.00Low
5/30/2017Royal Bank of CanadaReiterated RatingHold$39.00Low
5/19/2017Jefferies Financial GroupSet Price TargetHold$37.00Low
5/11/2017BMO Capital MarketsBoost Price TargetBuy$54.00Low
4/27/2017Credit Suisse GroupReiterated RatingBuyLow
4/25/2017ScotiabankReiterated RatingSector Perform$58.00Low
4/25/2017TD SecuritiesReiterated RatingHold$48.50Low
4/21/2017BMO Capital MarketsReiterated RatingBuy$40.00Low
4/19/2017Jefferies Financial GroupBoost Price TargetHold$34.00 ➝ $37.00Low
3/28/2017Jefferies Financial GroupReiterated RatingHold$34.00Low
3/21/2017Clarkson CapitalDowngradeNeutral ➝ SellMedium
3/16/2017Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$43.00 ➝ $38.00High
3/6/2017BarclaysLower Price TargetOverweight$41.00 ➝ $40.00N/A
3/4/2017Credit Suisse GroupSet Price TargetBuy$47.00N/A
2/23/2017FBR & Co.Reiterated RatingHoldN/A
2/22/2017Jefferies Financial GroupSet Price TargetHold$34.00N/A
1/10/2017ScotiabankDowngradeOutperform ➝ Sector Perform$42.00N/A
12/29/2016Standpoint ResearchUpgradeHold ➝ Buy$42.00N/A
12/20/2016Credit Suisse GroupReiterated RatingBuy$51.00N/A
12/5/2016CitigroupDowngradeBuy ➝ NeutralN/A
11/28/2016Bank of AmericaUpgradeNeutral ➝ BuyN/A
11/22/2016Bank of AmericaUpgradeNeutral ➝ BuyN/A
11/10/2016FBR & Co.Lower Price TargetMarket Perform$40.00 ➝ $39.00N/A
11/3/2016JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$43.00N/A
10/31/2016MackieUpgradeHold ➝ BuyN/A
(Data available from 10/20/2016 forward)

News Sentiment Rating

0.29 (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
  • 0 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/24/2021
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/23/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/23/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/22/2021
  • 3 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
7/22/2021
  • 0 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/21/2021
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/20/2021
  • 8 very positive mentions
  • 14 positive mentions
  • 8 negative mentions
  • 0 very negative mentions
10/20/2021

Current Sentiment

  • 8 very positive mentions
  • 14 positive mentions
  • 8 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Newmont logo
Newmont Corp. is a gold producer, which engages in the production of gold. It operates through the following geographical segments: North America, South America, Nevada, Australia, and Africa. The North America segment consists primarily of carlin, phoenix, twin creeks and long canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado, in the United States. The South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. The Australia segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Africa segment consists primarily of Ahafo and Akyem in Ghana. The company was founded by William Boyce Thompson on May 2, 1921 and is headquartered in Greenwood Village, CO.
Read More

Today's Range

Now: $56.99
Low: $56.50
High: $57.48

50 Day Range

MA: $56.46
Low: $53.56
High: $59.67

52 Week Range

Now: $56.99
Low: $53.03
High: $75.31

Volume

4,434,163 shs

Average Volume

6,495,851 shs

Market Capitalization

$45.54 billion

P/E Ratio

15.96

Dividend Yield

3.90%

Beta

0.23

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: Argus, Canaccord Genuity, Citigroup Inc., Fundamental Research, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, National Bank Financial, Raymond James, TD Securities, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for NEM.

What is the current price target for Newmont?

10 Wall Street analysts have set twelve-month price targets for Newmont in the last year. Their average twelve-month price target is $72.90, suggesting a possible upside of 27.9%. National Bank Financial has the highest price target set, predicting NEM will reach $105.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $60.00 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 4 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NEM will outperform the market and that investors should add to their positions of Newmont.
View the latest ratings for NEM.

What other companies compete with Newmont?

Other companies that are similar to Newmont include Royal Gold, NovaGold Resources, Trevali Mining, Gold Resource and Vista Gold.

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.