
Newmont Mining (NEM) Stock Forecast & Price Target
Newmont Mining (NEM) Analyst Ratings
Bulls say
Newmont, as the world's largest gold miner, demonstrates a solid growth trajectory following strategic acquisitions, including Goldcorp and Newcrest, which bolster its extensive portfolio of 11 mines across various continents. The company's sale of approximately 5.6 million ounces of gold expected in 2025, combined with a projected increase in gold prices from around $3,650 per ounce to over $4,000 in the second half of 2026, positions Newmont favorably in the market. Furthermore, a forecasted sustainable free cash flow driven by increased investments and higher production levels indicates strong financial health and an optimistic outlook for the company.
Bears say
Newmont's stock has underperformed compared to its peers, indicating potential challenges in attracting investor confidence. The company's downside scenario suggests a pessimistic outlook, factoring in lower long-term gold prices at US$2,500 per ounce while relying on existing financial and operational assumptions. Despite having substantial reserves, including two decades of gold reserves and various byproducts, the dependence on fluctuating commodities prices poses risks to future profitability.
This aggregate rating is based on analysts' research of Newmont Mining and is not a guaranteed prediction by Public.com or investment advice.
Newmont Mining (NEM) Analyst Forecast & Price Prediction
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