Newmont Mining (NEM)
NYSE:NEM

Newmont Mining (NEM) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

NEM Analyst Ratings

Moderate Buy
10Ratings
5 Buy
4 Hold
1 Sell
Based on 10 analysts giving stock ratings to
Newmont
Mining
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NEM Stock 12 Months Forecast

Average Price Target

$54.16
▲(10.38% Upside)
Based on 10 Wall Street analysts offering 12 month price targets for Newmont Mining in the last 3 months. The average price target is $54.16 with a high forecast of $60.00 and a low forecast of $39.00. The average price target represents a 10.38% change from the last price of $49.07.
Highest Price Target$60.00Average Price Target$54.16Lowest Price Target$39.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Canaccord Genuity
$60.00
Buy
22.29%
Upside
Upgraded
Canaccord Genuity Upgrades Newmont to Buy, Lowers Price Target to $60
TD Securities
$52.00
Hold
5.98%
Upside
Reiterated
Newmont Mining Corp. (NEM) PT Lowered to $52 at TD SecuritiesTD Securities analyst Greg Barnes lowered the price target on Newmont Mining Corp. (NYSE: NEM) to $52.00 (from $64.00) while maintaining a Hold rating.
Bank of America Securities
$70.00
Buy
42.67%
Upside
Reiterated
Newmont Mining Corp. (NEM) PT Lowered to $70 at BofA SecuritiesBofA Securities analyst Michael Jalonen lowered the price target on Newmont Mining Corp. (NYSE: NEM) to $70.00 (from $85.00) while maintaining a Buy rating.
Jefferies
$65.00
Hold
32.48%
Upside
Reiterated
Newmont Mining (NEM) Gets a Hold Rating from Jefferies
Credit Suisse
$70.00
Hold
42.67%
Upside
Reiterated
Newmont Mining Corp. (NEM) PT Lowered to $70 at Credit SuisseCredit Suisse analyst Fahad Tariq lowered the price target on Newmont Mining Corp. (NYSE: NEM) to $70.00 (from $74.00) while maintaining a Neutral rating.
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NEM Financial Forecast

NEM Earnings Forecast
Next quarter’s earnings estimate for NEM is $0.45 with a range of $0.17 to $0.81. The previous quarter’s EPS was $0.27. NEM beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 51.94% of the time in the same period. In the last calendar year NEM has Underperformed its overall industry.
Next quarter’s earnings estimate for NEM is $0.45 with a range of $0.17 to $0.81. The previous quarter’s EPS was $0.27. NEM beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 51.94% of the time in the same period. In the last calendar year NEM has Underperformed its overall industry.
NEM Sales Forecast
Next quarter’s sales forecast for NEM is $3.00B with a range of $2.85B to $3.22B. The previous quarter’s sales results were $2.67B. NEM beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 55.17% of the time in the same period. In the last calendar year NEM has Underperformed its overall industry.
Next quarter’s sales forecast for NEM is $3.00B with a range of $2.85B to $3.22B. The previous quarter’s sales results were $2.67B. NEM beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 55.17% of the time in the same period. In the last calendar year NEM has Underperformed its overall industry.
NEM Analyst Recommendation Trends
In the current month, NEM has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The NEM average analyst price target in the past 3 months is $54.16
In the current month, NEM has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The NEM average analyst price target in the past 3 months is $54.16

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 $54.16.
    What is NEM’s upside potential, based on the analysts’ average price target?
    Newmont Mining has 10.38% 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 conensus rating of Moderate Buy which is based on 5 buy ratings, 4 hold ratings and 1 sell ratings.
            What is Newmont Mining’s price target?
            The average price target for Newmont Mining is $54.16. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $60.00 ,the lowest forecast is $39.00. The average price target represents 10.38% Increase from the current price of $49.065.
              What do analysts say about Newmont Mining?
              Newmont Mining’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.

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