NEM Should I Buy
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Newmont Corporation (NEM) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock benefits from strong hedge fund buying, a bullish technical setup, and positive long-term catalysts such as increased gold price forecasts and strong gross margin growth. While short-term sentiment is neutral, the long-term outlook aligns with the investor's strategy.
The technical indicators show a bullish trend with SMA_5 > SMA_20 > SMA_200, and the MACD histogram is positive at 0.92, indicating upward momentum. The RSI is neutral at 46.295, and the stock is trading near a key support level (S1: 110.619).
Hedge funds are significantly increasing their positions, with a 364.37% increase in buying over the last quarter.
Analysts have raised price targets significantly in recent months, with targets as high as $
Strong gross margin growth (up 32.17% YoY) and increased revenue (up 20.63% YoY) in the latest quarter.
Positive developments in gold price forecasts and geopolitical uncertainty favoring gold as a safe haven asset.
Net income and EPS have declined YoY (-7.27% and -4.03%, respectively).
Minor operational disruptions at Cadia, although the impact is manageable.
Analyst downgrade from National Bank with a reduced price target of $130.
In Q4 2025, Newmont's revenue increased by 20.63% YoY to $6.818 billion, and gross margin improved by 32.17% YoY to 60.52. However, net income dropped by 7.27% YoY to $1.301 billion, and EPS declined by 4.03% YoY to $1.19.
Analysts have mixed views, with recent upgrades and raised price targets as high as $177. However, there was a recent downgrade to Sector Perform with a price target of $130. The overall sentiment remains positive with multiple Buy ratings.
