Newmont Corporation (NYSE:NEM) Given Consensus Recommendation of “Buy” by Analysts

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

NEM has been the topic of several analyst reports. Scotiabank upgraded Newmont from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $71.50 to $114.00 in a research report on Thursday, October 23rd. TD Securities boosted their price objective on shares of Newmont from $67.00 to $89.00 and gave the company a “hold” rating in a research note on Wednesday, October 8th. BNP Paribas Exane lowered shares of Newmont from an “outperform” rating to a “hold” rating and set a $97.00 target price on the stock. in a report on Friday, December 5th. Zacks Research downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Finally, CIBC set a $112.00 price target on shares of Newmont and gave the company an “outperformer” rating in a research report on Friday, October 10th.

Insider Activity

In other news, Director Bruce R. Brook sold 2,080 shares of Newmont stock in a transaction dated 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 sale, the director owned 32,709 shares in the company, valued at approximately $3,021,003.24. This trade represents a 5.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Thomas Ronald Palmer sold 5,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $81.34, for a total value of $406,700.00. Following the transaction, the chief executive officer directly owned 279,923 shares of the company’s stock, valued at $22,768,936.82. The trade was a 1.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 9,160 shares of company stock valued at $767,206. 0.05% of the stock is owned by company insiders.

Hedge Funds Weigh In On Newmont

A number of large investors have recently modified their holdings of the company. GoalVest Advisory LLC bought a new stake in Newmont during the 4th quarter valued at $25,000. Lodestone Wealth Management LLC purchased a new position in shares of Newmont in the fourth quarter valued at about $28,000. Rosenberg Matthew Hamilton raised its stake in shares of Newmont by 308.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 306 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 231 shares during the last quarter. Physician Wealth Advisors Inc. boosted its holdings in shares of Newmont by 327.8% during the third quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 236 shares during the period. Finally, PMV Capital Advisers LLC purchased a new stake in shares of Newmont during the fourth quarter worth about $32,000. 68.85% of the stock is owned by hedge funds and other institutional investors.

Newmont Price Performance

Newmont stock opened at $118.88 on Thursday. The firm has a market capitalization of $129.73 billion, a P/E ratio of 18.46, a PEG ratio of 0.90 and a beta of 0.41. Newmont has a one year low of $40.85 and a one year high of $121.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.04 and a quick ratio of 1.74. The business has a fifty day moving average price of $99.20 and a 200-day moving average price of $83.88.

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

Newmont News Roundup

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

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.