
Newmont Mining (NEM) Stock Forecast & Price Target
Newmont Mining (NEM) Analyst Ratings
Bulls say
Newmont, the world's largest gold miner, is expected to sell approximately 5.6 million ounces of gold from its core mines in 2025, following strategic divestitures of six higher-cost mines post-Newcrest acquisition. The company’s robust portfolio, which includes interests in 11 mines and two joint ventures across multiple continents, is complemented by a significant reserve of two decades of gold and various byproduct reserves as of December 2024. Additionally, an expectation of rising gold prices, forecasted to exceed $4,000 per ounce by the second half of 2026, along with sustained free cash flow due to balanced investments and production increases, supports a positive financial outlook for Newmont.
Bears say
Newmont's shares have underperformed compared to its peers, indicating potential weakness in the company's market position. The reliance on long-term gold prices, projected at $2,500 per ounce, raises concerns about profitability, particularly in a scenario where these prices decline. Additionally, the recent acquisition of Newcrest may not offset the lagging performance or improve financial metrics effectively, which could further diminish investor confidence in the stock.
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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