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Newmont Analyst Ratings

NEMNYSE
Logo brought to you by Benzinga Data
$48.73
0.440.91%
At close: -
$49.15
0.420.86%
After Hours: 5:56 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$67.00
Lowest Price Target1
$38.00
Consensus Price Target1
$52.95

Newmont Analyst Ratings and Price Targets | NYSE:NEM | Benzinga

Newmont Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Newmont Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Oct 24
2
1
Nov 24
0
0
0
0
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Raymond James
UBS
RBC Capital
Jefferies

1calculated from analyst ratings

Analyst Ratings for Newmont

Buy NowGet Alert
01/21/2025Buy NowScotiabank
Tanya Jakusconek79%
$52 → $50MaintainsSector PerformGet Alert
11/29/2024Buy NowCLSA
Baden Moore8%
Initiates → UnderperformGet Alert
11/25/2024Buy NowRaymond James
Brian MacArthur47%
$62 → $59MaintainsOutperformGet Alert
11/19/2024Buy NowJP Morgan
Al Harvey61%
UpgradeNeutral → OverweightGet Alert
10/30/2024Buy NowUBS
Daniel Major55%
$67 → $54DowngradeBuy → NeutralGet Alert
10/25/2024Buy NowRaymond James
Brian MacArthur47%
$65 → $66MaintainsOutperformGet Alert
10/25/2024Buy NowScotiabank
Tanya Jakusconek79%
$59 → $55DowngradeSector Outperform → Sector PerformGet Alert
10/24/2024Buy NowRBC Capital
Josh Wolfson53%
$54 → $53MaintainsSector PerformGet Alert
10/15/2024Buy NowUBS
Daniel Major55%
$65 → $67MaintainsBuyGet Alert
10/04/2024Buy NowJefferies
Matthew Murphy78%
$54 → $63MaintainsBuyGet Alert
09/17/2024Buy NowUBS
Daniel Major55%
$50 → $65MaintainsBuyGet Alert
08/29/2024Buy NowArgus Research
David Coleman64%
→ $58UpgradeHold → BuyGet Alert
08/19/2024Buy NowScotiabank
Tanya Jakusconek79%
$48 → $59UpgradeSector Perform → Sector OutperformGet Alert
07/25/2024Buy NowBMO Capital
Jackie Przybylowski79%
$56 → $57MaintainsOutperformGet Alert
07/12/2024Buy NowJefferies
Matthew Murphy78%
$50 → $54MaintainsBuyGet Alert
07/10/2024Buy NowCIBC
Anita Soni39%
$46 → $61UpgradeNeutral → OutperformerGet Alert
06/26/2024Buy NowB of A Securities
Michael Jalonen70%
$49 → $50MaintainsBuyGet Alert
06/17/2024Buy NowUBS
Daniel Major55%
$40 → $50UpgradeNeutral → BuyGet Alert
05/23/2024Buy NowScotiabank
Tanya Jakusconek79%
$46.5 → $48MaintainsSector PerformGet Alert
05/16/2024Buy NowBernstein
Bob Brackett60%
$46 → $45MaintainsMarket PerformGet Alert
05/02/2024Buy NowBMO Capital
Jackie Przybylowski79%
$56 → $54MaintainsOutperformGet Alert
04/29/2024Buy NowTD Securities
Greg Barnes63%
$43 → $48MaintainsHoldGet Alert
04/26/2024Buy NowTD Securities
Greg Barnes63%
$43 → $48MaintainsHoldGet Alert
04/04/2024Buy NowCitigroup
Alexander Hacking67%
$60 → $45MaintainsBuyGet Alert
02/28/2024Buy NowScotiabank
Tanya Jakusconek79%
$50 → $43.5MaintainsSector PerformGet Alert
02/15/2024Buy NowBMO Capital
Jackie Przybylowski79%
$57 → $56MaintainsOutperformGet Alert
02/08/2024Buy NowRBC Capital
Josh Wolfson53%
$45 → $40MaintainsSector PerformGet Alert
01/17/2024Buy NowBMO Capital
Jackie Przybylowski79%
$62 → $59MaintainsOutperformGet Alert
01/10/2024Buy NowTD Securities
Greg Barnes63%
→ $46DowngradeBuy → HoldGet Alert
12/13/2023Buy NowUBS
Cleve Rueckert52%
$42 → $40MaintainsNeutralGet Alert
11/21/2023Buy NowMacquarie
Andrew Bowler63%
→ $45Initiates → OutperformGet Alert
11/07/2023Buy NowBMO Capital
Jackie Przybylowski79%
→ $58ReinstatesOutperform → OutperformGet Alert
10/04/2023Buy NowJefferies
Chris LaFemina65%
$44 → $38MaintainsHoldGet Alert
09/07/2023Buy NowRaymond James
Brian MacArthur47%
$62 → $61MaintainsOutperformGet Alert
09/06/2023Buy NowRBC Capital
Josh Wolfson53%
→ $52ReiteratesSector Perform → Sector PerformGet Alert
08/29/2023Buy NowUBS
Cleve Rueckert52%
$53 → $42MaintainsNeutralGet Alert
07/25/2023Buy NowArgus Research
William Selesky48%
$55 → $50MaintainsBuyGet Alert
07/24/2023Buy NowTD Securities
Greg Barnes63%
$59 → $55MaintainsBuyGet Alert
07/21/2023Buy NowCIBC
Anita Soni39%
$54 → $50DowngradeOutperformer → NeutralGet Alert
07/07/2023Buy NowBarclays
Matthew Murphy78%
$62 → $61UpgradeEqual-Weight → OverweightGet Alert
04/28/2023Buy NowBMO Capital
Jackie Przybylowski79%
$64 → $65MaintainsOutperformGet Alert
04/21/2023Buy NowGoldman Sachs
Emily Chieng69%
$58 → $67MaintainsBuyGet Alert
04/21/2023Buy NowBarclays
Matthew Murphy78%
$57 → $62MaintainsEqual-WeightGet Alert
04/04/2023Buy NowCitigroup
Alexander Hacking67%
$70 → $60MaintainsBuyGet Alert
03/14/2023Buy NowCanaccord Genuity
Carey Macrury44%
$53 → $55UpgradeHold → BuyGet Alert
02/24/2023Buy NowTD Securities
Greg Barnes63%
→ $55UpgradeHold → BuyGet Alert
02/14/2023Buy NowUBS
Cleve Rueckert52%
$59 → $53DowngradeBuy → NeutralGet Alert
02/13/2023Buy NowExane BNP Paribas
Sylvain Brunet27%
→ $60UpgradeNeutral → OutperformGet Alert
01/30/2023Buy NowBarclays
Matthew Murphy78%
$54 → $57MaintainsEqual-WeightGet Alert
01/19/2023Buy NowCanaccord Genuity
Carey Macrury44%
→ $56DowngradeBuy → HoldGet Alert
11/21/2022Buy NowBarclays
Matthew Murphy78%
$55 → $54MaintainsEqual-WeightGet Alert
11/04/2022Buy NowBarclays
Matthew Murphy78%
$57 → $55MaintainsEqual-WeightGet Alert
09/16/2022Buy NowBarclays
Matthew Murphy78%
$58 → $57MaintainsEqual-WeightGet Alert
09/12/2022Buy NowGoldman Sachs
Emily Chieng69%
→ $53Initiates → BuyGet Alert
09/06/2022Buy NowUBS
Cleve Rueckert52%
UpgradeNeutral → BuyGet Alert
07/27/2022Buy NowCanaccord Genuity
Carey Macrury44%
$66 → $60UpgradeHold → BuyGet Alert
07/26/2022Buy NowRBC Capital
Josh Wolfson53%
$77 → $60MaintainsSector PerformGet Alert
07/19/2022Buy NowBarclays
Matthew Murphy78%
$68 → $60MaintainsEqual-WeightGet Alert
04/26/2022Buy NowCanaccord Genuity
Carey Macrury44%
$87 → $80MaintainsHoldGet Alert
04/25/2022Buy NowBernstein
Bob Brackett60%
→ $57DowngradeOutperform → Market PerformGet Alert
04/19/2022Buy NowCredit Suisse
Fahad Tariq43%
DowngradeOutperform → NeutralGet Alert

FAQ

Q

What is the target price for Newmont (NEM) stock?

A

The latest price target for Newmont (NYSE:NEM) was reported by Scotiabank on January 21, 2025. The analyst firm set a price target for $50.00 expecting NEM to rise to within 12 months (a possible 1.73% upside). 24 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Newmont (NEM)?

A

The latest analyst rating for Newmont (NYSE:NEM) was provided by Scotiabank, and Newmont maintained their sector perform rating.

Q

When was the last upgrade for Newmont (NEM)?

A

The last upgrade for Newmont Corp happened on November 19, 2024 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for Newmont Corp.

Q

When was the last downgrade for Newmont (NEM)?

A

The last downgrade for Newmont Corp happened on October 30, 2024 when UBS changed their price target from $67 to $54 for Newmont Corp.

Q

When is the next analyst rating going to be posted or updated for Newmont (NEM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Newmont, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Newmont was filed on January 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.

Q

Is the Analyst Rating Newmont (NEM) correct?

A

While ratings are subjective and will change, the latest Newmont (NEM) rating was a maintained with a price target of $52.00 to $50.00. The current price Newmont (NEM) is trading at is $49.15, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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