BMO Capital Markets Has Lowered Expectations for Newmont (NYSE:NEM) Stock Price

Newmont (NYSE:NEM) had its price target decreased by equities researchers at BMO Capital Markets from $145.00 to $140.00 in a research note issued to investors on Friday, Marketbeat reports. The firm currently has an “outperform” rating on the basic materials company’s stock. BMO Capital Markets’ target price indicates a potential upside of 14.60% from the stock’s current price.

A number of other equities research analysts have also commented on NEM. National Bank Financial upped their price objective on shares of Newmont from $120.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Zacks Research lowered shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Scotiabank increased their price target on Newmont from $114.00 to $152.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Wall Street Zen lowered Newmont from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, Macquarie Infrastructure upped their target price on Newmont from $115.00 to $126.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $132.88.

Newmont Price Performance

Shares of NEM opened at $122.16 on Friday. The business has a 50-day moving average of $113.12 and a 200-day moving average of $93.15. 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 company has a market capitalization of $133.31 billion, a price-to-earnings ratio of 19.12, a price-to-earnings-growth ratio of 1.02 and a beta of 0.40. Newmont has a 1 year low of $41.23 and a 1 year high of $134.88.

Newmont (NYSE:NEM) last announced its earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, beating the consensus estimate of $1.81 by $0.71. Newmont had a return on equity of 23.58% and a net margin of 31.25%.The business had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same period in the prior year, the business posted $1.40 earnings per share. The firm’s revenue was up 20.6% on a year-over-year basis. As a group, equities research analysts anticipate that Newmont will post 3.45 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Bruce R. Brook sold 2,080 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 32,709 shares in the company, valued at $3,021,003.24. The trade was a 5.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Newmont

A number of large investors have recently modified their holdings of the company. Dorsey Wright & Associates increased its stake in Newmont by 7.0% during the 4th quarter. Dorsey Wright & Associates now owns 150,179 shares of the basic materials company’s stock valued at $14,995,000 after purchasing an additional 9,834 shares in the last quarter. Cambient Family Office LLC acquired a new position in shares of Newmont during the fourth quarter valued at about $209,000. Wick Capital Partners LLC bought a new stake in shares of Newmont during the fourth quarter worth about $241,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Newmont during the fourth quarter worth about $540,000. Finally, Compound Planning Inc. raised its holdings in shares of Newmont by 5.2% in the 4th quarter. Compound Planning Inc. now owns 21,071 shares of the basic materials company’s stock worth $2,104,000 after acquiring an additional 1,048 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Beat expectations: Q4 EPS of $2.52 and revenue of $6.82B topped estimates, driven by higher realized gold prices and margin expansion. Read More.
• Positive Sentiment: Record free cash flow and strong profitability in 2025 supported balance sheet and capital flexibility — a reason some investors remain constructive. Read More.
• Positive Sentiment: Dividend increase: the company raised the quarterly payout to $0.26 (4% increase), signaling continued shareholder returns. Read More.
• Neutral Sentiment: Mineral reserves declined to 118.2M attributable gold ounces at year‑end 2025 versus 134.1M in 2024 — management attributes the drop mainly to divestments rather than operating shortfalls. Read More.
• Neutral Sentiment: Analyst framing remains mixed-to-favorable: many firms still rate NEM buy/outperform and Zacks highlights it as a strong growth stock based on style scores, leaving upside potential for longer‑term investors. Read More.
• Negative Sentiment: 2026 guidance disappointed: management forecast ~5.3M oz attributable gold production (below 2025), AISC around ~$1,680/oz and sizable sustaining/development capital spending — the softer outlook is the main near‑term headwind. Read More.
• Negative Sentiment: “Sell‑the‑news” reaction: after the strong quarter, investors focused on the muted 2026 outlook and the stock pulled back as a result. Read More.
• Negative Sentiment: Analyst/pricing moves and insider/institutional flows: BMO trimmed its price target (from $145 to $140) and filings show notable insider sales and large institutional reallocations (some big holders reduced positions), which likely added selling pressure. Read More.
• Negative Sentiment: Median analyst targets and positioning: recent medians/targets (Quiver/other services) show some targets below the current price, reinforcing mixed near‑term sentiment. Read More.

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.