
Newmont Mining (NEM) Stock Forecast & Price Target
Newmont Mining (NEM) Analyst Ratings
Bulls say
Newmont's strategic acquisitions, including Goldcorp and Newcrest, along with its extensive portfolio of 11 mines and multiple joint ventures, position the company strongly for sustained production. The company is projected to sell approximately 5.6 million ounces of gold in 2025, ensuring robust revenue streams as it offloads higher-cost mines. With forecasts indicating a rise in gold prices above $4,000/oz by the second half of 2026 and sustained free cash flow due to increased production, Newmont is well-placed for financial growth in the coming years.
Bears say
Newmont's shares have underperformed compared to its peers, raising concerns about the company's competitive position in the market. The company faces a challenging downside scenario with a projected gold price of US$2,500 per ounce, which could impact its operating and financial performance despite maintaining existing assumptions. Additionally, while Newmont has significant gold reserves and a diversified portfolio, the recent acquisition of Newcrest may not sufficiently offset the risks associated with potential lower gold prices and the operational costs linked to the integration of new assets.
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
Start investing in Newmont Mining (NEM)
Order type
Buy in
Order amount
Est. shares
0 shares