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NEM Stock 12 Month Forecast
Average Price Target
$107.69
▲(9.73% Upside)
Based on 16 Wall Street analysts offering 12 month price targets for Newmont Mining in the last 3 months. The average price target is $107.69 with a high forecast of $125.00 and a low forecast of $89.00. The average price target represents a 9.73% change from the last price of $98.14.
New Buy Rating for Newmont Mining (NEM), the Basic Materials GiantGoldman Sachs analyst Emily Chieng upgraded Newmont Mining Corp. (NYSE: NEM) from Neutral to Buy with a price target of $104.30 (from $77.30).
New Buy Rating for Newmont Mining (NEM), the Basic Materials GiantGoldman Sachs analyst Emily Chieng upgraded Newmont Mining Corp. (NYSE: NEM) from Neutral to Buy with a price target of $104.30 (from $77.30).
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The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
NEM Analyst Recommendation Trends
Rating
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
1
1
1
1
1
Buy
17
24
30
29
24
Hold
15
14
7
4
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
33
39
38
34
28
In the current month, NEM has received 25Buy Ratings, 3Hold Ratings, and 0Sell Ratings. NEM average Analyst price target in the past 3 months is 107.69.
Each month's total comprises the sum of three months' worth of ratings.
NEM Financial Forecast
NEM Earnings Forecast
Next quarter’s earnings estimate for NEM is $1.88 with a range of $1.64 to $2.30. The previous quarter’s EPS was $1.71. NEM beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year NEM has Performed in-line its overall industry.
Next quarter’s earnings estimate for NEM is $1.88 with a range of $1.64 to $2.30. The previous quarter’s EPS was $1.71. NEM beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year NEM has Performed in-line its overall industry.
NEM Sales Forecast
Next quarter’s sales forecast for NEM is $6.07B with a range of $5.58B to $6.76B. The previous quarter’s sales results were $5.38B. NEM beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year NEM has Performed in-line its overall industry.
Next quarter’s sales forecast for NEM is $6.07B with a range of $5.58B to $6.76B. The previous quarter’s sales results were $5.38B. NEM beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year NEM has Performed in-line its overall industry.
NEM Stock Forecast FAQ
What is NEM’s average 12-month price target, according to analysts?
Based on analyst ratings, Newmont Mining’s 12-month average price target is 107.69.
What is NEM’s upside potential, based on the analysts’ average price target?
Newmont Mining has 9.73% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is NEM a Buy, Sell or Hold?
Newmont Mining has a consensus rating of Strong Buy which is based on 13 buy ratings, 3 hold ratings and 0 sell ratings.
What is Newmont Mining’s price target?
The average price target for Newmont Mining is 107.69. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $125.00 ,the lowest forecast is $89.00. The average price target represents 9.73% Increase from the current price of $98.14.
What do analysts say about Newmont Mining?
Newmont Mining’s analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.
How can I buy shares of NEM?
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