Recent Analysts’ Ratings Updates for Newmont (NEM)

Several analysts have recently updated their ratings and price targets for Newmont (NYSE: NEM):

• 10/27/2026 – Newmont had its price target lowered by Scotiabank from $149.00 to $148.00. They now have an “outperform” rating on the stock.
• 10/27/2026 – Newmont had its price target lowered by Scotiabank from $149.00 to $148.00. They now have a “sector outperform” rating on the stock.
• 10/22/2026 – Newmont was downgraded by Freedom Broker from “buy” to “hold”. They now have a $116.00 price target on the stock, down from $130.00.
• 10/22/2026 – Newmont was given a new $155.00 price target by RBC Dominion Securities. They now have an “outperform” rating on the stock.
• 10/20/2026 – Newmont had its price target raised by Citigroup from $125.00 to $140.00. They now have a “buy” rating on the stock.
• 10/20/2026 – Newmont had its price target lowered by TD Cowen from $133.00 to $131.00.
• 10/20/2026 – Newmont had its price target lowered by National Bank Financial from $140.00 to $135.00. They now have a “sector perform” rating on the stock.
• 10/19/2026 – Newmont had its price target lowered by Barclays from $124.00 to $123.00. They now have an “overweight” rating on the stock.
• 10/16/2026 – Newmont was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/16/2026 – Newmont was given a new $154.00 price target by Canadian Imperial Bank of Commerce.
• 10/16/2026 – Newmont had its price target raised by Sanford C. Bernstein from $144.00 to $150.00.
• 10/9/2026 – Newmont had its price target raised by Jefferies Financial Group from $146.00 to $155.00.
• 10/8/2026 – Newmont had its price target lowered by The Goldman Sachs Group from $127.50 to $119.00.
• 10/2/2026 – Newmont was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 9/29/2026 – Newmont had its price target raised by BMO Capital Markets from $135.00 to $145.00. They now have an “outperform” rating on the stock.
• 9/21/2026 – Newmont had its price target raised by National Bank Financial from $120.00 to $140.00. They now have a “sector perform” rating on the stock.
• 9/16/2026 – Newmont had its price target raised by Royal Bank Of Canada from $135.00 to $155.00. They now have an “outperform” rating on the stock.
• 9/15/2026 – Newmont had its price target raised by The Goldman Sachs Group from $110.60 to $127.50. They now have a “buy” rating on the stock.
• 9/14/2026 – Newmont had its “hold (c+)” rating reaffirmed by Weiss Ratings.
• 9/9/2026 – Newmont had its price target lowered by Sanford C. Bernstein from $147.00 to $144.00. They now have an “outperform” rating on the stock.

Newmont Trading Up 10.0%

Shares of NEM opened at $118.22 on Thursday. The firm has a market cap of $122.85 billion, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 1.96 and a beta of 0.56. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.16 and a current ratio of 2.45. The business has a 50-day moving average of $119.34 and a 200 day moving average of $112.44. Newmont Corporation has a fifty-two week low of $80.49 and a fifty-two week high of $135.29.

Newmont (NYSE:NEM) last released its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.26. Newmont had a return on equity of 29.81% and a net margin of 34.73%. The company had revenue of $6.36 billion for the quarter, compared to analyst estimates of $6.27 billion. During the same period in the previous year, the company posted $1.71 EPS. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. As a group, research analysts forecast that Newmont Corporation will post 9.11 EPS for the current year.

Newmont Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Wednesday, November 25th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 25th. Newmont’s payout ratio is currently 12.09%.

Insider Buying and Selling at Newmont

In other news, CEO Natascha Viljoen sold 3,882 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $123.00, for a total value of $477,486.00. Following the completion of the transaction, the chief executive officer directly owned 131,353 shares in the company, valued at approximately $16,156,419. This represents a 2.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $108.04, for a total value of $324,120.00. Following the completion of the sale, the executive vice president directly owned 31,315 shares of the company’s stock, valued at approximately $3,383,272.60. This represents a 8.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 20,646 shares of company stock valued at $2,380,140 over the last quarter. 0.06% of the stock is owned by company insiders.

Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.