UBS Group Issues Pessimistic Forecast for Newmont (NYSE:NEM) Stock Price

Newmont (NYSE:NEM) had its target price reduced by analysts at UBS Group from $150.00 to $140.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the basic materials company’s stock. UBS Group’s target price indicates a potential upside of 37.42% from the company’s previous close.

NEM has been the subject of a number of other reports. BMO Capital Markets reduced their price target on shares of Newmont from $145.00 to $140.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. Canadian Imperial Bank of Commerce dropped their price objective on Newmont from $71.00 to $67.00 in a research note on Friday, February 27th. Scotiabank reduced their target price on Newmont from $152.00 to $151.00 and set a “sector outperform” rating for the company in a research report on Friday, March 20th. TD Cowen upped their target price on Newmont from $89.00 to $120.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded Newmont from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $133.57.

Newmont Trading Up 2.5%

Shares of Newmont stock opened at $101.87 on Friday. The company’s 50-day moving average price is $117.03 and its 200-day moving average price is $100.41. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16. Newmont has a 12-month low of $42.93 and a 12-month high of $134.88. The company has a market cap of $110.83 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 0.79 and a beta of 0.39.

Newmont (NYSE:NEM) last posted its earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The business had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.18 billion. During the same quarter in the prior year, the firm posted $1.40 EPS. Newmont’s revenue was up 20.6% on a year-over-year basis. On average, equities analysts expect that Newmont will post 3.45 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider David James Fry sold 18,394 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the transaction, the insider directly owned 17,147 shares in the company, valued at approximately $1,911,033.15. This represents a 51.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Peter Toth sold 3,000 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $108.00, for a total value of $324,000.00. Following the transaction, the executive vice president owned 55,315 shares in the company, valued at $5,974,020. This trade represents a 5.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.05% of the stock is owned by corporate insiders.

Institutional Trading of Newmont

A number of hedge funds have recently bought and sold shares of the company. GoalVest Advisory LLC bought a new position in Newmont during the fourth quarter valued at approximately $25,000. Swiss RE Ltd. bought a new stake in shares of Newmont in the 4th quarter worth approximately $26,000. Cornerstone Planning Group LLC boosted its stake in shares of Newmont by 312.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 206 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Newmont during the 4th quarter valued at $28,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Newmont during the 4th quarter valued at $30,000. Institutional investors own 68.85% of the company’s stock.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Macro/strategy pieces are recommending rotation into gold miners as a hedge amid market uncertainty, which boosts demand for large producers like Newmont; that thematic flow into miners is a direct positive for NEM. Sell, Hedge, Rotate: Victor Dergunov’s Strategy
• Positive Sentiment: Market commentary arguing the pullback in gold is a buying opportunity highlights Newmont as a high-quality, dividend-paying exposure to gold, supporting investor interest in NEM shares.
• Neutral Sentiment: UBS trimmed its price target from $150 to $140 but maintained a “Buy” rating and still projects meaningful upside (~37% from current levels), which provides analytical support for the rally even though the cut is modestly negative. UBS Lowers PT to $140
• Neutral Sentiment: Corporate filings: Newmont filed its 2026 proxy materials and has published its 2025 annual report — routine governance/disclosure updates that reduce uncertainty but are not immediate catalysts. Newmont Files 2026 Proxy Materials Newmont Files 2025 Annual Report
• Neutral Sentiment: Vanguard reported a change to “zero direct beneficial ownership” in Newmont after an internal realignment — likely an administrative reporting change rather than a vote of no confidence, but worth monitoring if it affects passive flows. Vanguard Reports Zero Direct Ownership
• Negative Sentiment: Geopolitical risk: Barron’s reports that the Iran conflict has been weighing on mining stocks broadly; such risk-driven selloffs can pressure Newmont despite company-specific positives. Why the Iran War Is Crippling Mining Stocks

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.