Wall Street analyst estimates for Newmont Corporation (NEM): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana.
Consensus price target
$135.56 (+27 % vs price $106.61)
between $110.00 and $154.00 · 8 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $26.6B | $26.4B – $26.9B | $9.31 | 10 |
| 2027E | $28.3B | $27.6B – $29.0B | $10.03 | 11 |
| 2028E | $30.3B | $25.9B – $38.7B | $11.43 | 6 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 28 |
| Hold | 9 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 37 |
| Avg rating (−2 sell to +2 buy) | 0.76 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-18 | $2.10 | ||
| 2026-10-22 | $2.20 | $1.96 | +12.2% |
| 2026-07-23 | $2.10 | $1.99 | +5.5% |
| 2026-04-23 | $2.90 | $2.07 | +40.1% |
| 2026-02-19 | $2.52 | $2.07 | +21.7% |
| 2025-10-23 | $1.71 | $1.44 | +18.8% |
| 2025-07-24 | $1.43 | $0.91 | +58.0% |
| 2025-04-23 | $1.25 | $0.92 | +36.5% |
Valuation Ratios
| P/E Ratio | 12.37 |
| Price / Book | 3.13 |
| EV / EBITDA | 6.38 |
| Dividend Yield | 0.97% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.69B | $7.36B | $7.26B | $9.73B | $11.42B | $12.19B | $11.95B | $11.78B | $18.56B | $22.10B |
| Cost of Revenue | $5.38B | $5.72B | $5.67B | $7.70B | $7.87B | $9.81B | $9.80B | $10.61B | $12.13B | $11.10B |
| Gross Profit | $1.31B | $1.63B | $1.59B | $2.02B | $3.55B | $2.38B | $2.14B | $1.17B | $6.42B | $11.00B |
| Research & Development | $134.0M | $143.0M | $153.0M | $150.0M | $122.0M | $154.0M | $229.0M | $200.0M | $197.0M | $166.0M |
| Selling, General & Admin | $233.0M | $237.0M | $244.0M | $313.0M | $269.0M | $259.0M | $276.0M | $299.0M | $442.0M | $382.0M |
| Operating Expenses | $383.0M | $396.0M | $406.0M | $499.0M | $584.0M | $460.0M | $523.0M | $520.0M | $676.0M | $646.0M |
| Operating Income | $932.0M | $1.24B | $1.18B | $1.52B | $2.96B | $1.92B | $1.62B | $650.0M | $5.75B | $10.35B |
| EBITDA | $1.43B | $2.76B | $2.31B | $6.25B | $6.10B | $5.54B | $3.28B | $1.86B | $7.87B | $14.83B |
| Interest Expense | $240.0M | $231.0M | $197.0M | $312.0M | $291.0M | $266.0M | $227.0M | $248.0M | $385.0M | $301.0M |
| Pre-tax Income | -$227.0M | $1.06B | $705.0M | $3.79B | $3.33B | $1.27B | $56.0M | -$1.97B | $4.71B | $11.76B |
| Income Tax | $563.0M | $1.13B | $386.0M | $832.0M | $704.0M | $1.10B | $455.0M | $526.0M | $1.40B | $4.60B |
| Net Income | -$27.0M | -$114.0M | $341.0M | $2.81B | $2.83B | $1.17B | -$459.0M | -$2.52B | $3.35B | $7.08B |
| EPS | $-0.05 | $-0.21 | $0.64 | $3.82 | $3.52 | $1.46 | $-0.58 | $-3.00 | $2.86 | $6.41 |
| EPS (Diluted) | $-0.05 | $-0.21 | $0.64 | $3.81 | $3.51 | $1.46 | $-0.58 | $-3.00 | $2.86 | $6.41 |
| Shares Outstanding (Diluted) | 531.4 M | 535.0 M | 535.0 M | 737.0 M | 806.0 M | 801.0 M | 795.0 M | 841.0 M | 1,148.0 M | 1,108.0 M |
Price
| Price | $106.61 (closing price, October 30, 2026) |
| Market Cap | $110.8B |
| Exchange | NYSE |
| Country | US |
Related companies: AEM · B · AU · GFI · KGC · IAG · HMY · EGO
Explore sector: Basic Materials · Gold
More sections of NEM: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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