Newmont (NYSE:NEM) Stock Rating Upgraded by Sanford C. Bernstein

Newmont (NYSE:NEM) was upgraded by analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating in a research note issued on Friday, Marketbeat Ratings reports. The firm currently has a $157.00 price objective on the basic materials company’s stock, up from their prior price objective of $121.00. Sanford C. Bernstein’s target price points to a potential upside of 20.74% from the stock’s current price.

NEM has been the topic of several other research reports. BNP Paribas Exane lifted their price objective on Newmont from $97.00 to $123.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. Macquarie Infrastructure lifted their price target on Newmont from $115.00 to $126.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. TD Cowen boosted their price objective on Newmont from $89.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Scotiabank increased their price objective on Newmont from $114.00 to $152.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Finally, Argus lifted their target price on shares of Newmont from $75.00 to $94.00 in a research note on Friday, November 21st. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Newmont has a consensus rating of “Moderate Buy” and an average price target of $129.73.

Newmont Trading Up 2.0%

Shares of NEM opened at $130.03 on Friday. Newmont has a fifty-two week low of $41.23 and a fifty-two week high of $134.88. The firm has a market cap of $141.45 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 1.11 and a beta of 0.40. The firm has a 50 day moving average price of $115.77 and a 200-day moving average price of $95.15. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29.

Newmont (NYSE:NEM) last issued its earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. The company had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The firm’s revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 EPS. As a group, equities research analysts forecast 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 firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $92.36, for a total value of $192,108.80. Following the completion of the sale, the director directly owned 32,709 shares of the company’s stock, valued at approximately $3,021,003.24. This trade represents a 5.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Newmont

A number of institutional investors have recently bought and sold shares of the stock. Groupama Asset Managment boosted its position in Newmont by 7.8% during the 4th quarter. Groupama Asset Managment now owns 71,350 shares of the basic materials company’s stock valued at $7,024,000 after acquiring an additional 5,192 shares in the last quarter. Oak Grove Capital LLC bought a new position in shares of Newmont in the 4th quarter worth approximately $1,677,000. Banque Transatlantique SA lifted its stake in shares of Newmont by 37.7% in the 4th quarter. Banque Transatlantique SA now owns 4,110 shares of the basic materials company’s stock valued at $410,000 after purchasing an additional 1,125 shares during the period. Astoria Portfolio Advisors LLC. bought a new stake in shares of Newmont during the fourth quarter valued at approximately $165,000. Finally, SG Trading Solutions LLC purchased a new stake in Newmont in the fourth quarter worth $1,676,000. 68.85% of the stock is owned by institutional investors.

Key Headlines Impacting 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

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.