Wall Street Zen Downgrades Newmont (NYSE:NEM) to Hold

Newmont (NYSE:NEM) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other research analysts have also commented on the stock. DZ Bank upgraded shares of Newmont to a “strong-buy” rating in a research note on Monday, January 19th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $177.00 price objective on shares of Newmont in a report on Wednesday, February 4th. Stifel Nicolaus raised their target price on Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Argus boosted their price target on Newmont from $75.00 to $94.00 in a research report on Friday, November 21st. Finally, BNP Paribas Exane increased their price objective on Newmont from $97.00 to $123.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Newmont currently has a consensus rating of “Moderate Buy” and an average price target of $134.15.

Newmont Trading Up 2.0%

Newmont stock opened at $130.03 on Friday. The company’s fifty day simple moving average is $115.77 and its 200-day simple moving average is $94.97. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. Newmont has a 12 month low of $41.23 and a 12 month high of $134.88. The stock has a market cap of $141.45 billion, a P/E ratio of 20.35, a P/E/G ratio of 1.09 and a beta of 0.40.

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

Insider Buying and Selling at Newmont

In other news, Director Bruce R. Brook sold 2,080 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $92.36, for a total value of $192,108.80. Following the completion of the transaction, the director directly owned 32,709 shares of the company’s stock, valued at approximately $3,021,003.24. This represents a 5.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Newmont

Hedge funds have recently made changes to their positions in the company. Brighton Jones LLC raised its position in Newmont by 15.7% in the 4th quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after purchasing an additional 1,847 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Newmont by 40.7% in the 1st quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock valued at $4,644,000 after buying an additional 27,813 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Newmont in the second quarter worth about $240,000. Envestnet Asset Management Inc. raised its holdings in Newmont by 176.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 447,960 shares of the basic materials company’s stock worth $26,098,000 after buying an additional 285,897 shares during the period. Finally, Bessemer Group Inc. lifted its position in Newmont by 9.7% in the 2nd quarter. Bessemer Group Inc. now owns 12,934 shares of the basic materials company’s stock valued at $753,000 after acquiring an additional 1,143 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Sanford C. Bernstein upgraded NEM from “market perform” to “outperform” and raised its price target to $157 (from $121), signaling analyst confidence and implying roughly 20% upside versus recent levels. Bernstein Upgrade
• Positive Sentiment: Newmont posted strong Q4 results: adjusted EPS $2.52 vs. $1.81 consensus and revenue ~$6.82B vs. $6.18B expected; management cited higher realized gold prices and effective cost control, and Forbes reports roughly $2.8B of free cash flow in Q4—supporting buybacks, dividend capacity, or further portfolio actions. Newmont Ends 2025 Strong — 2026 In Focus
• Positive Sentiment: Market reaction: coverage notes NEM gained (~+2.1% on the cited session) as investors priced in the earnings beat and brighter outlook. Why the Market Dipped But Newmont Gained
• Neutral Sentiment: Longer-form investor commentary explores whether to buy NEM today—arguments center on its stronger portfolio of Tier‑1 assets and cash generation versus valuation and exposure to gold price moves. Should You Invest $1,000 in Newmont?
• Neutral Sentiment: Company profile and personnel/resources page (reference material). Newmont Company Page

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.