Newmont Corporation (NYSE:NEM) Receives Average Rating of “Buy” from Brokerages

Newmont Corporation (NYSE:NEM) has earned an average recommendation of “Buy” from the twenty-one research firms that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, twelve have given a buy rating and six have issued a strong buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $99.4938.

Several equities research analysts have recently commented on NEM shares. Scotiabank raised shares of Newmont from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $71.50 to $114.00 in a research report on Thursday, October 23rd. Citigroup reissued a “buy” rating on shares of Newmont in a research note on Monday, January 12th. Wall Street Zen lowered shares of Newmont from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. UBS Group upped their target price on Newmont from $105.50 to $125.00 and gave the stock a “buy” rating in a report on Monday, December 1st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Newmont in a research report on Monday, December 29th.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Seeking Alpha reiterates a “Strong Buy” thesis, citing robust gold and copper price tailwinds, superior margins and undervaluation on forward P/E and PEG metrics — the report argues structural copper shortages and central bank gold demand create durable upside for Newmont. Article Title
• Positive Sentiment: DZ Bank upgraded Newmont to “strong-buy,” adding fresh analyst support that could attract momentum buying and validate the bullish earnings/cash-flow outlook. Article Title
• Positive Sentiment: 247WallStreet includes Newmont among gold miners with potential upside in 2026, reinforcing the narrative that sustained higher gold prices benefit Newmont’s revenue and margins. Article Title
• Neutral Sentiment: Zacks runs pieces highlighting the sector and comparing Barrick vs. Newmont; these note both firms benefit from gold’s rally but underscore differences in project exposure and capital allocation — useful context but not an immediate catalyst. Article Title
• Neutral Sentiment: Zacks also published a thematic piece on taking advantage of basic materials stocks using the Earnings ESP—helpful for traders hunting earnings surprises but not specific to Newmont’s near-term fundamentals. Article Title
• Neutral Sentiment: A comparative piece examines Triple Flag Precious Metals vs. Newmont — useful for relative-valuation and strategy discussions but not a direct negative for Newmont. Article Title

Newmont Price Performance

NEM opened at $118.88 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.74 and a current ratio of 2.04. The stock has a market capitalization of $129.73 billion, a PE ratio of 18.46, a price-to-earnings-growth ratio of 0.90 and a beta of 0.41. The stock’s 50 day moving average price is $99.20 and its 200-day moving average price is $83.88. Newmont has a 52-week low of $40.85 and a 52-week high of $121.45.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, October 23rd. The basic materials company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.44. The company had revenue of $5.52 billion during the quarter, compared to analyst estimates of $5.14 billion. Newmont had a return on equity of 20.35% and a net margin of 33.42%.The firm’s revenue was up 20.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 earnings per share. On average, equities research analysts predict that Newmont will post 3.45 EPS for the current year.

Insider Buying and Selling at Newmont

In other Newmont news, Director Bruce R. Brook sold 2,080 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $92.36, for a total transaction of $192,108.80. Following the completion of the transaction, the director owned 32,709 shares of the company’s stock, valued at approximately $3,021,003.24. This trade represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Thomas Ronald Palmer sold 5,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $81.34, for a total transaction of $406,700.00. Following the completion of the sale, the chief executive officer directly owned 279,923 shares in the company, valued at $22,768,936.82. This represents a 1.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,160 shares of company stock valued at $767,206 in the last three months. Insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Newmont

Institutional investors and hedge funds have recently made changes to their positions in the business. Jackson Square Capital LLC raised its stake in Newmont by 23.9% during the fourth quarter. Jackson Square Capital LLC now owns 5,342 shares of the basic materials company’s stock valued at $533,000 after buying an additional 1,030 shares during the last quarter. Center For Asset Management LLC purchased a new position in shares of Newmont in the 4th quarter worth about $1,597,000. Palumbo Wealth Management LLC bought a new position in Newmont in the 4th quarter worth about $261,000. Petra Financial Advisors Inc. purchased a new stake in Newmont during the 4th quarter valued at about $682,000. Finally, Naviter Wealth LLC purchased a new stake in Newmont during the 4th quarter valued at about $210,000. Institutional investors own 68.85% of the company’s stock.

About Newmont

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.