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Newmont Corporation
NYSE:NEM

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Newmont Corporation
NYSE:NEM
Watchlist
Price: 41 USD 1.03%
Updated: May 2, 2024

Wall Street
Price Targets

NEM Price Targets Summary
Newmont Corporation

Wall Street analysts forecast NEM stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NEM is 49.41 USD with a low forecast of 33.64 USD and a high forecast of 70.88 USD.

Lowest
Price Target
33.64 USD
18% Downside
Average
Price Target
49.41 USD
21% Upside
Highest
Price Target
70.88 USD
73% Upside

NEM Last Price Targets
Newmont Corporation

The latest public price target was made on Dec 15, 2023 by Emily Chieng from Goldman Sachs , who expects NEM stock to rise by 63% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Emily Chieng
Goldman Sachs
67 USD
Upside 63%
4 months ago
Dec 15, 2023
Don't Miss These 3 Stocks With Over 3% Dividend Yields In Materials Sector From Wall Street's Most Accurate Analysts
Benzinga
Emily Chieng
Goldman Sachs
Price Target 67 USD
Upside/Downside 63%
View Source
Newmont Corporation Competitors:
Price Targets
TXG
Torex Gold Resources Inc
35% Upside
JAG
Jaguar Mining Inc
27% Upside
SSL
Sandstorm Gold Ltd
16% Upside
CMCL
Caledonia Mining Corporation PLC
19% Upside
OLA
Orla Mining Ltd
25% Upside
RGLD
Royal Gold Inc
26% Upside
CDE
Coeur Mining Inc
7% Downside
CMM
Capricorn Metals Ltd
6% Upside

Revenue
Forecast

Revenue Estimate
Newmont Corporation

For the last 8 years the compound annual growth rate for Newmont Corporation's revenue is 9%. The projected CAGR for the next 3 years is 15%.

9%
Past Growth
15%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Newmont Corporation

For the last 8 years the compound annual growth rate for Newmont Corporation's operating income is 3%. The projected CAGR for the next 3 years is 85%.

3%
Past Growth
85%
Estimated Growth
Estimates Accuracy
-28%
Average Miss

Net Income
Forecast

Net Income Estimate
Newmont Corporation

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-66%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NEM's stock price target?
Price Target
49.41 USD

According to Wall Street analysts, the average 1-year price target for NEM is 49.41 USD with a low forecast of 33.64 USD and a high forecast of 70.88 USD.

What is Newmont Corporation's Revenue forecast?
Projected CAGR
15%

For the last 8 years the compound annual growth rate for Newmont Corporation's revenue is 9%. The projected CAGR for the next 3 years is 15%.

What is Newmont Corporation's Operating Income forecast?
Projected CAGR
85%

For the last 8 years the compound annual growth rate for Newmont Corporation's operating income is 3%. The projected CAGR for the next 3 years is 85%.