NYSE: NEM

Newmont Corp Stock Forecast, Predictions & Price Target

The consensus among 7 Wall Street analysts covering (NYSE: NEM) stock is to Buy NEM stock.

Out of 7 analysts, 1 (14.29%) are recommending NEM as a Strong Buy, 2 (28.57%) are recommending NEM as a Buy, 4 (57.14%) are recommending NEM as a Hold, 0 (0%) are recommending NEM as a Sell, and 0 (0%) are recommending NEM as a Strong Sell.

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(NYSE: NEM) Newmont's forecast annual revenue growth rate of 16.18% is forecast to beat the US Gold industry's average forecast revenue growth rate of 8.5%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.39%.

Newmont's revenue in 2024 is $11,812,000,000.On average, 2 Wall Street analysts forecast NEM's revenue for 2024 to be $17,288,291,393,274, with the lowest NEM revenue forecast at $16,161,113,209,902, and the highest NEM revenue forecast at $18,415,469,576,646. On average, 2 Wall Street analysts forecast NEM's revenue for 2025 to be $18,960,067,499,228, with the lowest NEM revenue forecast at $16,608,303,233,418, and the highest NEM revenue forecast at $21,311,831,765,037.

In 2026, NEM is forecast to generate $18,875,251,226,468 in revenue, with the lowest revenue forecast at $16,966,539,323,906 and the highest revenue forecast at $20,783,963,129,031.

According to 7 Wall Street analysts that have issued a 1 year NEM price target, the average NEM price target is $45.07, with the highest NEM stock price forecast at $56.00 and the lowest NEM stock price forecast at $40.00.

On average, Wall Street analysts predict that Newmont's share price could reach $45.07 by Apr 4, 2025. The average Newmont stock price prediction forecasts a potential upside of 16.92% from the current NEM share price of $38.55.

(NYSE: NEM) forecast ROE is N/A, which is considered weak.