Macquarie Infrastructure Forecasts Strong Price Appreciation for Newmont (NYSE:NEM) Stock

Newmont (NYSE:NEM) had its price target boosted by stock analysts at Macquarie Infrastructure from $115.00 to $126.00 in a research report issued on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the basic materials company’s stock. Macquarie Infrastructure’s price target would suggest a potential upside of 9.31% from the stock’s previous close.

Other research analysts have also issued research reports about the company. The Goldman Sachs Group raised their price objective on Newmont from $99.90 to $123.90 and gave the company a “buy” rating in a report on Monday, January 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of Newmont in a research note on Monday, December 29th. Argus upped their price objective on shares of Newmont from $75.00 to $94.00 in a research note on Friday, November 21st. Citigroup reiterated a “buy” rating on shares of Newmont in a report on Monday, January 12th. Finally, DZ Bank upgraded Newmont to a “strong-buy” rating in a report on Monday, January 19th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Newmont presently has an average rating of “Buy” and an average target price of $124.83.

Newmont Stock Performance

NYSE NEM opened at $115.27 on Friday. 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 stock’s 50 day simple moving average is $107.05 and its 200-day simple moving average is $88.99. The company has a market cap of $125.79 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.88 and a beta of 0.40. Newmont has a 1-year low of $41.23 and a 1-year high of $134.88.

Insider Activity at Newmont

In other news, Director Bruce R. Brook sold 2,080 shares of the 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 directly owned 32,709 shares in the company, valued at approximately $3,021,003.24. This represents a 5.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Newmont by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 134,107,293 shares of the basic materials company’s stock valued at $13,390,613,000 after acquiring an additional 637,996 shares during the period. Norges Bank acquired a new stake in Newmont in the 2nd quarter valued at approximately $919,170,000. Invesco Ltd. increased its holdings in Newmont by 45.0% in the 2nd quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company’s stock valued at $908,152,000 after purchasing an additional 4,839,447 shares during the last quarter. Legal & General Group Plc raised its position in Newmont by 9.6% in the third quarter. Legal & General Group Plc now owns 8,156,669 shares of the basic materials company’s stock valued at $687,223,000 after purchasing an additional 711,940 shares during the period. Finally, Boston Partners lifted its stake in Newmont by 49.3% during the third quarter. Boston Partners now owns 6,931,710 shares of the basic materials company’s stock worth $585,828,000 after purchasing an additional 2,288,653 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s Ahafo North start in Ghana brings incremental production that supports the company’s growth story and near‑term supply outlook, giving investors confidence in organic volume gains. Newmont’s Ahafofo North Start Adds Ghana Output To Growth Story
• Positive Sentiment: Macquarie raised its price target on NEM to $126 and kept an “outperform” rating — analyst upward revisions typically provide near‑term buying support and signal expected upside versus the market. Macquarie Adjusts Price Target on Newmont to $126
• Positive Sentiment: National Bankshares published a bullish forecast for Newmont, flagging strong price appreciation potential — another confirmation from the sell‑side that can attract buyers. National Bankshares Forecasts Strong Price Appreciation for Newmont (NYSE:NEM) Stock
• Neutral Sentiment: Jim Cramer mentioned Newmont on air in the context of comparing gold miners; his comments were not a strong buy signal (he suggested a caller holding AEM might not need NEM), so this is market color rather than a major catalyst. Jim Cramer on Investing in Newmont While Holding AEM
• Neutral Sentiment: Zacks highlighted basic‑materials stocks that could beat earnings using its Earnings ESP tool; this broader sector attention can lift peers like Newmont around results season but isn’t a direct company catalyst. These 2 Basic Materials Stocks Could Beat Earnings
• Negative Sentiment: MarketBeat’s contrarian piece warns gold and precious‑metals miners may be due for a pullback and explicitly cautions against chasing miners including Newmont — that narrative can trigger profit‑taking from momentum traders. 3 Contrarian “Buy the Dip” Picks—and One Area to Avoid

Newmont Company Profile

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.