Newmont (NYSE:NEM – Get Free Report) is projected to release its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to announce earnings of $2.13 per share and revenue of $6.3365 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:30 PM ET.
Newmont (NYSE:NEM – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.83. The company had revenue of $7.31 billion for the quarter, compared to analyst estimates of $6.83 billion. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The business’s quarterly revenue was up 45.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 earnings per share. On average, analysts expect Newmont to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Newmont Price Performance
NEM opened at $95.18 on Thursday. Newmont has a twelve month low of $56.73 and a twelve month high of $134.88. The firm has a market cap of $101.61 billion, a price-to-earnings ratio of 12.35, a PEG ratio of 1.08 and a beta of 0.46. The company has a current ratio of 2.44, a quick ratio of 2.17 and a debt-to-equity ratio of 0.15. The company has a fifty day simple moving average of $103.30 and a 200 day simple moving average of $110.45.
Newmont Dividend Announcement
Insider Transactions at Newmont
In other Newmont news, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $92.38, for a total transaction of $277,140.00. Following the completion of the sale, the executive vice president owned 43,315 shares in the company, valued at $4,001,439.70. The trade was a 6.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 3,882 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $105.32, for a total transaction of $408,852.24. Following the sale, the chief executive officer owned 142,999 shares in the company, valued at approximately $15,060,654.68. This trade represents a 2.64% 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. In the last 90 days, insiders sold 28,556 shares of company stock worth $3,058,146. 0.06% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the stock. Swiss RE Ltd. bought a new position in shares of Newmont during the fourth quarter worth about $26,000. JPL Wealth Management LLC acquired a new stake in shares of Newmont in the third quarter valued at approximately $27,000. Wilkerson Advisory Group LLC bought a new stake in shares of Newmont during the fourth quarter valued at approximately $42,000. Kemnay Advisory Services Inc. bought a new stake in shares of Newmont during the fourth quarter valued at approximately $43,000. Finally, Bank of Jackson Hole Trust boosted its position in shares of Newmont by 130.0% during the fourth quarter. Bank of Jackson Hole Trust now owns 575 shares of the basic materials company’s stock worth $57,000 after buying an additional 325 shares during the period. 68.85% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on NEM shares. Barclays set a $125.00 price objective on Newmont in a research note on Wednesday. UBS Group decreased their price target on shares of Newmont from $140.00 to $120.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. TD Cowen reaffirmed a “buy” rating on shares of Newmont in a report on Monday, April 27th. Zacks Research upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. Finally, Royal Bank Of Canada decreased their price objective on shares of Newmont from $140.00 to $135.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $136.26.
Read Our Latest Report on Newmont
Trending Headlines about Newmont
Here are the key news stories impacting Newmont this week:
- Positive Sentiment: TD Securities upgraded Newmont from hold to strong-buy, while TD Cowen also raised the stock to buy on attractive valuation after its pullback, reinforcing the view that shares may be oversold. Analyst upgrade coverage
- Positive Sentiment: Several research notes still point to meaningful upside, including price targets near or above the current share price, which suggests Wall Street sees value despite recent weakness. Yahoo Finance article on cheap blue chip stock view
- Positive Sentiment: Newmont’s long-term investment case remains supported by growth projects, strong cash flow, and share buybacks, which could help the stock if gold prices stabilize. Zacks article on Newmont stock slides
- Neutral Sentiment: One note highlighted Newmont as an important gold-sector bellwether, keeping the stock closely tied to broader moves in bullion and mining sentiment. Kalkine Media article
- Negative Sentiment: Recent articles emphasize that NEM has fallen about 16% over the past three months as gold prices weakened, weighing on near-term sentiment. Zacks article on recent stock decline
- Negative Sentiment: Another Zacks note warned that Newmont may face higher 2026 unit costs due to lower production, royalties, sustaining capital, and inventory changes, which could pressure margins. Zacks article on margins and costs
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.
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