Newmont Corporation (NYSE:NEM) Stock Has Consensus Price Target of $133.78

06 Oct 2026, 06:44 by Jessica Moore · The Cerbat Gem

Newmont Corporation (NYSE:NEM – Get Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-four brokerages that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $134.26.

Several research analysts have recently weighed in on NEM shares. Macquarie Infrastructure lowered their target price on Newmont from $133.00 to $123.00 and set an “outperform” rating on the stock in a report on Monday, June 15th. Raymond James Financial reiterated an “outperform” rating and set a $140.00 price objective on shares of Newmont in a research report on Monday, August 24th. Barclays lowered their price objective on Newmont from $125.00 to $124.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 28th. TD Securities upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Finally, Jefferies Financial Group decreased their target price on shares of Newmont from $158.00 to $146.00 and set a “buy” rating on the stock in a research report on Monday, July 6th.

View Our Latest Report on NEM

Newmont Trading Up 0.3%

Shares of NEM stock opened at $115.93 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. The company has a market cap of $122.15 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 1.61 and a beta of 0.51. Newmont has a 1-year low of $76.05 and a 1-year high of $135.29. The stock has a 50 day simple moving average of $119.01 and a 200-day simple moving average of $109.92.

Newmont (NYSE:NEM – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. Newmont had a return on equity of 29.10% and a net margin of 33.36%.The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. During the same period in the previous year, the company posted $1.43 earnings per share. On average, equities research analysts expect that Newmont will post 9.09 EPS for the current fiscal year.

Newmont Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Thursday, September 3rd were paid a dividend of $0.26 per share. The ex-dividend date was Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s dividend payout ratio is 13.13%.

Insider Buying and Selling

In other news, CFO Brian Tabolt sold 11,445 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the sale, the chief financial officer owned 29,324 shares of the company’s stock, valued at approximately $3,081,659.16. This represents a 28.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Natascha Viljoen sold 3,882 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $114.81, for a total value of $445,692.42. Following the completion of the sale, the chief executive officer owned 127,471 shares in the company, valued at approximately $14,634,945.51. The trade was a 2.96% decrease in their ownership of the stock. 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 have sold a total of 35,973 shares of company stock valued at $3,927,169 in the last ninety days. Company insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Newmont

Several large investors have recently bought and sold shares of the stock. Blue Trust Inc. increased its holdings in Newmont by 0.6% during the 1st quarter. Blue Trust Inc. now owns 17,194 shares of the basic materials company’s stock valued at $1,861,000 after purchasing an additional 100 shares during the period. Accel Wealth Management lifted its holdings in Newmont by 0.8% in the 2nd quarter. Accel Wealth Management now owns 14,744 shares of the basic materials company’s stock worth $1,377,000 after buying an additional 115 shares during the period. Bell Investment Advisors Inc grew its position in shares of Newmont by 41.8% in the 1st quarter. Bell Investment Advisors Inc now owns 397 shares of the basic materials company’s stock worth $43,000 after buying an additional 117 shares during the last quarter. Compound Planning Inc. grew its position in shares of Newmont by 0.6% in the 1st quarter. Compound Planning Inc. now owns 21,192 shares of the basic materials company’s stock worth $2,294,000 after buying an additional 121 shares during the last quarter. Finally, Zhang Financial LLC increased its stake in shares of Newmont by 0.8% during the first quarter. Zhang Financial LLC now owns 15,768 shares of the basic materials company’s stock valued at $1,707,000 after buying an additional 124 shares during the period. Hedge funds and other institutional investors own 68.85% of the company’s stock.

About Newmont

(Get Free Report)

Newmont Corporation is a global mining company focused primarily on the exploration, development and production of gold. Its portfolio also includes operations and projects involving copper, silver, zinc and lead. The company’s activities span the mining life cycle, including exploration, mine development, production, processing, reclamation and related environmental management.