Newmont Corporation (NEM)
Basic Materials · end-of-day data as of Oct 16, 2026
The average 12-month analyst price target for NEM is $135.27, 14.1% above the last close of $118.60 on Oct 16, 2026; targets range from $95.36 to $175.54. Rating consensus: Buy.
Snapshot
- P/E14.9x
- P/E vs sector-36.6%
- P/E vs own+9.8%
- Target upside+14.1%
- ConsensusBuy
- Market cap$125B
- FCF yield+7.8%
- Insiders-$3.93M
- Earnings in6d
- News
Why it moved
Newmont Corporation (NEM) rose 2.4% on Oct 16, 2026.
The market (SPY) fell 1.1%; Basic Materials stocks rose 0.2%. Most of the move is specific to NEM.
3 stories on the day (30-day average 1.4).
- First Citizens Bank & Trust Co. Acquires 13,973 Shares of Newmont Corporation $NEM
- Dow, Nasdaq Diverge Again as AI Rotation Intensifies
- NEM to Report Q3 Earnings: What's in the Offing for the Stock?
Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.
Price and events
Last close $118.60 · +21.8% over 1y · E earnings · D dividend · S split · A analyst rating change
Technicals
- Trendbullish
- Sector→ -3.0%
- MAs20▲ 50▼ 100▲ 200▲
- Above MAs3 of 4 above
- MA20×50Death 5d ago
- RSI51
- Support-9.8%
- Resistance+2.0%
- Off 52w high-12.1%
- Off ATH-12.1%
- 52w range$118.60
- Bollingerupper half
- MACD-0.02
- ATR+3.2%
- Volume1.6x
Analyst price targets
14 firms with a target in the last 12 months · last close $118.60 · as of Oct 16, 2026
Strong buy 5 · Buy 15 · Hold 2 · Sell 1 · Strong sell 0
Revenue and free cash flow
Q2 FY2026: Revenue +16.0% year over year, free cash flow 36.0% of revenue, operating margin 51.6%.
| Q2 FY2026 | Jun 30, 2026 | $6.12B | 2.06 | $2.21B | 56.0% | 51.6% | 36.0% |
| Q1 FY2026 | Mar 31, 2026 | $7.31B | 3.00 | $3.14B | 64.8% | 61.4% | 44.6% |
| Q4 FY2025 | Dec 31, 2025 | $6.57B | 1.21 | $2.81B | 58.8% | 56.1% | 19.8% |
| Q3 FY2025 | Sep 30, 2025 | $5.38B | 1.67 | $1.57B | 48.3% | 45.7% | 34.1% |
| Q2 FY2025 | Jun 30, 2025 | $5.28B | 1.85 | $1.71B | 47.6% | 44.4% | 39.1% |
| Q1 FY2025 | Mar 31, 2025 | $4.87B | 1.68 | $1.21B | 41.7% | 38.3% | 38.8% |
| Q4 FY2024 | Dec 31, 2024 | $5.72B | 1.24 | $1.64B | 44.7% | 40.9% | 24.5% |
| Q3 FY2024 | Sep 30, 2024 | $4.6B | 0.80 | $771M | 31.6% | 27.9% | 20.0% |
Peers
| 20D | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 |  | $498.43 | +1.1% | -8.5% | +10.6% | 32.2 | $230B | |
| 2 | | $118.60 | +2.4% | -12.1% | +14.1% | 14.9 | $125B | |
| 3 |  | $69.54 | -0.7% | -12.8% | +2.2% | 34.1 | $99.97B | |
| 4 |  | $145.47 | -1.5% | -8.4% | +13.0% | 25.3 | $88.12B | |
| 5 |  | $335.20 | -0.5% | -9.4% | +13.8% | 30.9 | $81.37B | |
| 6 |  | $288.89 | -0.7% | -5.6% | +11.7% | 38.8 | $80.98B | |
| 7 |  | $299.59 | +1.0% | -4.0% | +12.2% | — | $66.71B | |
| 8 |  | $256.29 | +0.6% | -6.5% | +2.6% | 20.4 | $58.15B |
Data as of Oct 16, 2026 close.
Latest news
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