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Newmont Analyst Ratings and Price Targets | NYSE:NEM | Benzinga
Newmont Corp has a consensus price target of $52.95 based on the ratings of 23 analysts. The high is $67 issued by Goldman Sachs on April 21, 2023. The low is $38 issued by Jefferies on October 4, 2023. The 3 most-recent analyst ratings were released by Scotiabank, Raymond James, and UBS on January 21, 2025, November 25, 2024, and October 30, 2024, respectively. With an average price target of $54.33 between Scotiabank, Raymond James, and UBS, there's an implied 12.45% upside for Newmont Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
Raymond James
UBS
RBC Capital
Jefferies
1calculated from analyst ratings
Analyst Ratings for Newmont
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 01/21/2025 | Buy Now | 3.48% | Scotiabank | Tanya Jakusconek80% | $52 → $50 | Maintains | Sector Perform | Get Alert |
| 11/29/2024 | Buy Now | — | CLSA | Baden Moore7% | — | Initiates | → Underperform | Get Alert |
| 11/25/2024 | Buy Now | 22.1% | Raymond James | Brian MacArthur69% | $62 → $59 | Maintains | Outperform | Get Alert |
| 11/19/2024 | Buy Now | — | JP Morgan | Al Harvey60% | — | Upgrade | Neutral → Overweight | Get Alert |
| 10/30/2024 | Buy Now | 11.76% | UBS | Daniel Major55% | $67 → $54 | Downgrade | Buy → Neutral | Get Alert |
| 10/25/2024 | Buy Now | 36.59% | Raymond James | Brian MacArthur69% | $65 → $66 | Maintains | Outperform | Get Alert |
| 10/25/2024 | Buy Now | 13.82% | Scotiabank | Tanya Jakusconek80% | $59 → $55 | Downgrade | Sector Outperform → Sector Perform | Get Alert |
| 10/24/2024 | Buy Now | 9.69% | RBC Capital | Josh Wolfson55% | $54 → $53 | Maintains | Sector Perform | Get Alert |
| 10/15/2024 | Buy Now | 38.66% | UBS | Daniel Major55% | $65 → $67 | Maintains | Buy | Get Alert |
| 10/04/2024 | Buy Now | 30.38% | Jefferies | Matthew Murphy77% | $54 → $63 | Maintains | Buy | Get Alert |
| 09/17/2024 | Buy Now | 34.52% | UBS | Daniel Major55% | $50 → $65 | Maintains | Buy | Get Alert |
| 08/29/2024 | Buy Now | 20.03% | Argus Research | David Coleman63% | → $58 | Upgrade | Hold → Buy | Get Alert |
| 08/19/2024 | Buy Now | 22.1% | Scotiabank | Tanya Jakusconek80% | $48 → $59 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 07/25/2024 | Buy Now | 17.96% | BMO Capital | Jackie Przybylowski79% | $56 → $57 | Maintains | Outperform | Get Alert |
| 07/12/2024 | Buy Now | 11.76% | Jefferies | Matthew Murphy77% | $50 → $54 | Maintains | Buy | Get Alert |
| 07/10/2024 | Buy Now | 26.24% | CIBC | Anita Soni65% | $46 → $61 | Upgrade | Neutral → Outperformer | Get Alert |
| 06/26/2024 | Buy Now | 3.48% | B of A Securities | Michael Jalonen66% | $49 → $50 | Maintains | Buy | Get Alert |
| 06/17/2024 | Buy Now | 3.48% | UBS | Daniel Major55% | $40 → $50 | Upgrade | Neutral → Buy | Get Alert |
| 05/23/2024 | Buy Now | -0.66% | Scotiabank | Tanya Jakusconek80% | $46.5 → $48 | Maintains | Sector Perform | Get Alert |
| 05/16/2024 | Buy Now | -6.87% | Bernstein | Bob Brackett53% | $46 → $45 | Maintains | Market Perform | Get Alert |
| 05/02/2024 | Buy Now | 11.76% | BMO Capital | Jackie Przybylowski79% | $56 → $54 | Maintains | Outperform | Get Alert |
| 04/29/2024 | Buy Now | -0.66% | TD Securities | Greg Barnes62% | $43 → $48 | Maintains | Hold | Get Alert |
| 04/26/2024 | Buy Now | -0.66% | TD Securities | Greg Barnes62% | $43 → $48 | Maintains | Hold | Get Alert |
| 04/04/2024 | Buy Now | -6.87% | Citigroup | Alexander Hacking67% | $60 → $45 | Maintains | Buy | Get Alert |
| 02/28/2024 | Buy Now | -9.97% | Scotiabank | Tanya Jakusconek80% | $50 → $43.5 | Maintains | Sector Perform | Get Alert |
| 02/15/2024 | Buy Now | 15.89% | BMO Capital | Jackie Przybylowski79% | $57 → $56 | Maintains | Outperform | Get Alert |
| 02/08/2024 | Buy Now | -17.22% | RBC Capital | Josh Wolfson55% | $45 → $40 | Maintains | Sector Perform | Get Alert |
| 01/17/2024 | Buy Now | 22.1% | BMO Capital | Jackie Przybylowski79% | $62 → $59 | Maintains | Outperform | Get Alert |
| 01/10/2024 | Buy Now | -4.8% | TD Securities | Greg Barnes62% | → $46 | Downgrade | Buy → Hold | Get Alert |
| 12/13/2023 | Buy Now | -17.22% | UBS | Cleve Rueckert50% | $42 → $40 | Maintains | Neutral | Get Alert |
| 11/21/2023 | Buy Now | -6.87% | Macquarie | Andrew Bowler62% | → $45 | Initiates | → Outperform | Get Alert |
| 11/07/2023 | Buy Now | 20.03% | BMO Capital | Jackie Przybylowski79% | → $58 | Reinstates | Outperform → Outperform | Get Alert |
| 10/04/2023 | Buy Now | -21.36% | Jefferies | Chris LaFemina59% | $44 → $38 | Maintains | Hold | Get Alert |
| 09/07/2023 | Buy Now | 26.24% | Raymond James | Brian MacArthur69% | $62 → $61 | Maintains | Outperform | Get Alert |
| 09/06/2023 | Buy Now | 7.62% | RBC Capital | Josh Wolfson55% | → $52 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 08/29/2023 | Buy Now | -13.08% | UBS | Cleve Rueckert50% | $53 → $42 | Maintains | Neutral | Get Alert |
| 07/25/2023 | Buy Now | 3.48% | Argus Research | William Selesky3% | $55 → $50 | Maintains | Buy | Get Alert |
| 07/24/2023 | Buy Now | 13.82% | TD Securities | Greg Barnes62% | $59 → $55 | Maintains | Buy | Get Alert |
| 07/21/2023 | Buy Now | 3.48% | CIBC | Anita Soni65% | $54 → $50 | Downgrade | Outperformer → Neutral | Get Alert |
| 07/07/2023 | Buy Now | 26.24% | Barclays | Matthew Murphy77% | $62 → $61 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 04/28/2023 | Buy Now | 34.52% | BMO Capital | Jackie Przybylowski79% | $64 → $65 | Maintains | Outperform | Get Alert |
| 04/21/2023 | Buy Now | 38.66% | Goldman Sachs | Emily Chieng67% | $58 → $67 | Maintains | Buy | Get Alert |
| 04/21/2023 | Buy Now | 28.31% | Barclays | Matthew Murphy77% | $57 → $62 | Maintains | Equal-Weight | Get Alert |
| 04/04/2023 | Buy Now | 24.17% | Citigroup | Alexander Hacking67% | $70 → $60 | Maintains | Buy | Get Alert |
| 03/14/2023 | Buy Now | 13.82% | Canaccord Genuity | Carey Macrury46% | $53 → $55 | Upgrade | Hold → Buy | Get Alert |
| 02/24/2023 | Buy Now | 13.82% | TD Securities | Greg Barnes62% | → $55 | Upgrade | Hold → Buy | Get Alert |
| 02/14/2023 | Buy Now | 9.69% | UBS | Cleve Rueckert50% | $59 → $53 | Downgrade | Buy → Neutral | Get Alert |
| 02/13/2023 | Buy Now | 24.17% | Exane BNP Paribas | Sylvain Brunet26% | → $60 | Upgrade | Neutral → Outperform | Get Alert |
| 01/30/2023 | Buy Now | 17.96% | Barclays | Matthew Murphy77% | $54 → $57 | Maintains | Equal-Weight | Get Alert |
| 01/19/2023 | Buy Now | 15.89% | Canaccord Genuity | Carey Macrury46% | → $56 | Downgrade | Buy → Hold | Get Alert |
| 11/21/2022 | Buy Now | 11.76% | Barclays | Matthew Murphy77% | $55 → $54 | Maintains | Equal-Weight | Get Alert |
| 11/04/2022 | Buy Now | 13.82% | Barclays | Matthew Murphy77% | $57 → $55 | Maintains | Equal-Weight | Get Alert |
| 09/16/2022 | Buy Now | 17.96% | Barclays | Matthew Murphy77% | $58 → $57 | Maintains | Equal-Weight | Get Alert |
| 09/12/2022 | Buy Now | 9.69% | Goldman Sachs | Emily Chieng67% | → $53 | Initiates | → Buy | Get Alert |
| 09/06/2022 | Buy Now | — | UBS | Cleve Rueckert50% | — | Upgrade | Neutral → Buy | Get Alert |
| 07/27/2022 | Buy Now | 24.17% | Canaccord Genuity | Carey Macrury46% | $66 → $60 | Upgrade | Hold → Buy | Get Alert |
| 07/26/2022 | Buy Now | 24.17% | RBC Capital | Josh Wolfson55% | $77 → $60 | Maintains | Sector Perform | Get Alert |
| 07/19/2022 | Buy Now | 24.17% | Barclays | Matthew Murphy77% | $68 → $60 | Maintains | Equal-Weight | Get Alert |
| 04/26/2022 | Buy Now | 65.56% | Canaccord Genuity | Carey Macrury46% | $87 → $80 | Maintains | Hold | Get Alert |
| 04/25/2022 | Buy Now | 17.96% | Bernstein | Bob Brackett53% | → $57 | Downgrade | Outperform → Market Perform | Get Alert |
| 04/19/2022 | Buy Now | — | Credit Suisse | Fahad Tariq42% | — | Downgrade | Outperform → Neutral | Get Alert |
FAQ
What is the target price for Newmont (NEM) stock?
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 3.48% upside). 24 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Newmont (NEM)?
The latest analyst rating for Newmont (NYSE:NEM) was provided by Scotiabank, and Newmont maintained their sector perform rating.
When was the last upgrade for Newmont (NEM)?
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.
When was the last downgrade for Newmont (NEM)?
The last downgrade for Newmont Corp happened on October 30, 2024 when UBS changed their price target from $67 to $54 for Newmont Corp.
When is the next analyst rating going to be posted or updated for Newmont (NEM)?
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.
Is the Analyst Rating Newmont (NEM) correct?
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 $48.32, which is out of the analyst’s predicted range.
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