Credit Rating Upgrade: Newmont Corporation's issuer credit rating has been upgraded by Moody's from Baa1 to A3, reflecting an improved credit profile and strong financial management.
Financial Strength: The company reported $6.2 billion in consolidated cash and $10.2 billion in liquidity as of the end of Q2 2025, emphasizing its commitment to maintaining a robust balance sheet.
Capital Allocation Strategy: Newmont focuses on balancing financial strength with steady reinvestment in the business while delivering shareholder returns through dividends and share repurchases.
Company Overview: As a leading gold producer, Newmont operates globally and is recognized for its environmental, social, and governance practices, aiming to create value through sustainable mining.
Wall Street analysts forecast NEM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEM is 110.85 USD with a low forecast of 89.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast NEM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEM is 110.85 USD with a low forecast of 89.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 118.910
Low
89.00
Averages
110.85
High
125.00
Current: 118.910
Low
89.00
Averages
110.85
High
125.00
BofA
Buy
upgrade
$114 -> $129
2026-01-19
New
Reason
BofA
Price Target
$114 -> $129
AI Analysis
2026-01-19
New
upgrade
Buy
Reason
BofA raised the firm's price target on Newmont to $129 from $114 and keeps a Buy rating on the shares. The firm raise increased targets across the North American precious metals group. Many of the macro drivers that pushed gold prices higher "have intensified," the analyst tells investors in a research note. BofA expects company capital returns in Q4 to be strong.
Raymond James
NULL
to
Outperform
maintain
$99 -> $111
2025-12-29
Reason
Raymond James
Price Target
$99 -> $111
2025-12-29
maintain
NULL
to
Outperform
Reason
Raymond James raised the firm's price target on Newmont to $111 from $99 and keeps an Outperform rating on the shares after having updated forecasts for Q4 gold prices.
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Deutsche Bank
Hold
downgrade
2025-12-17
Reason
Deutsche Bank
Price Target
2025-12-17
downgrade
Hold
Reason
Deutsche Bank lowered the firm's price target on Nemetschek to EUR 110 from EUR 115 and keeps a Hold rating on the shares.
Citi
Buy
to
Buy
downgrade
2025-12-11
Reason
Citi
Price Target
2025-12-11
downgrade
Buy
to
Buy
Reason
Citi lowered the firm's price target on Nemetschek to EUR 135 from EUR 145 and keeps a Buy rating on the shares.
About NEM
Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver with operations and/or assets in the Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea regions. The Company's operations include Brucejack, Red Chris, Penasquito, Merian, Cerro Negro, Yanacocha, Boddington, Tanami, Cadia, Lihir, Ahafo, and NGM. The Brucejack operation includes four mining leases and six core mineral claims which cover 8,169 acres (3,306 hectares) and 337 mineral claims covering 298,795 acres (120,918 hectares). The Red Chris operation includes five mining leases which cover 12,703 acres and 199 mineral claims, encompassing an area of 164,903 acres (66,734 hectares). Penasquito includes 20 mining concessions for operations comprising 113,231 acres (45,823 hectares) and 60 mining concessions for exploration of 107,456 acres (43,486 hectares). The Merian operation includes one right of exploitation encompassing an area of 41,687 acres (16,870 hectares).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
