Stock·NYSE·Basic Materials
Newmont Corporation (NEM)
- Market cap
- $114.72B
- P/E
- 12.81
- Dividend yield
- 0.93%
- Street target
- $140.00median of 23 analysts
- 52-week range
- $76.05 $135.29
NEM stock forecast today
Where NEM stands today, and what CleaRank Financial AI makes of it.
NEM at a glance
Newmont Corporation (NEM): Buy, 60/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($121.52 and $112.47).
- Earnings NEM beat estimates in 8 of its last 8 quarters, yet fell the next day after 5 of those beats.
- Insiders Insiders sold $14.3M and made no open-market purchases over the last 18 months.
- Valuation P/E of 12.8 against 30.2 for the Basic Materials sector: a discount to peers (-58%).
Figures as of October 26, 2026.
CleaRank Financial AI
Newmont Corporation (NEM) carries a CleaRank rating of Buy and a model score of 60/100.
The analysts' outlook gives the score its biggest lift, since 19 of 23 analysts rate the stock a buy and the median target sits 26.8% above the price. Momentum is the largest drag: the 14-day RSI of 39.3 is in the bearish zone and the MACD line is negative. NEM is in a downtrend, trading 9.16% below its 50-day average of $121.52 and 1.85% below its 200-day average of $112.47. Even so, the price rose 32.41% over the past year.
Only on CleaRank
Figures we compute ourselves from NEM's own price, earnings and insider-filing history. Tap one to see it in context.
NEM stock price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
2/4Price above its 50-day average ›
The price of $110.39 is 9.2% below the 50-day simple moving average of $121.52.Price above its 200-day average ›
The price is 1.9% below the 200-day simple moving average of $112.47.50-day average above the 200-day ›
The 50-day average ($121.52) is 8.0% above the 200-day average ($112.47), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 58% of its 52-week range, between $76.05 and $135.29.
NEM share price
Pick a period: each tab shows how far NEM has moved over it, to the last close.
Today's trading
Where NEM sits inside today's range and its 52-week range.
NEM fundamentals and valuation
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
4/5P/E below the sector median ›
The trailing P/E of 12.81 is 57.6% below the Basic Materials median of 30.2.P/S below the sector median ›
The price-to-sales ratio of 4.31 is 2.7% above the sector median of 4.2.Profitable over the last 12 months ›
Net income over the last 12 months was $9.2B on revenue of $26.6B, a net margin of 34.7%.Beat estimates in most recent reports ›
NEM beat the EPS estimate in 8 of its last 8 reports.Pays a dividend ›
The trailing dividend yield is 0.93%, or $1.03 a share a year.
Key statistics
The headline figures for NEM.
As of October 26, 2026, NEM trades at $110.39, with a market value of $114.72B, a P/E ratio of 12.81 and a dividend yield of 0.93%.
What the numbers say
CleaRank Financial AI's reading of NEM's valuation, growth and risks.
NEM's P/E of 12.81 is 58.2% below the 30.2 median P/E for Basic Materials stocks, which places it at a discount to peers. Its market capitalisation of $114.7B gives a sense of its overall size.
With revenue growth of 15.20%, NEM is 3.8 percentage points slower than the sector median of 19.0%. The business earns a net margin of 34.73% and an operating margin of 49.99% and a return on equity of 27.26%, above the sector median of 17.9%. The balance sheet and payout round out the picture, with debt-to-equity of 0.16 and a trailing dividend yield of 0.93% ($1.03 a share a year).
EPS of $2.20 against an estimate of $1.95 made the October 22, 2026 report a beat of 12.82%. The market reacted the other way, with the stock falling 4.59% the following session.
NEM has beaten the EPS estimate in all 8 of its recent reports, though the stock still fell in the first session after 5 of those 8 beats. The consensus EPS estimate stands at $9.17 for this fiscal year and $10.12 for next, growth of 33.1% for the current year.
Day-to-day volatility is the first thing to plan around: NEM has moved 2.13% on an average session; measured against the S&P 500, its beta is 0.53. Until the price regains its moving averages, the trend works against holders. The price is 18.40% below its 52-week high of $135.29. Insiders sold $14.3M over the last 18 months and bought none on the open market, though sales of this kind are often planned in advance and say less than purchases would.
NEM against the Basic Materials sector
How NEM compares with the median Basic Materials stock CleaRank tracks.
Price to earnings vs sector: NEM trades at a notable discount to sector peers (-58%), which may indicate undervaluation or specific company headwinds.
Return vs XLB: Since May 14, 2025, NEM has gained 126.9% against a gain of 20.7% for XLB.
Performance against XLB
NEM and the Basic Materials sector fund over the same days.
Revenue and earnings
How much NEM sells, and how much of it becomes profit.
The quarterly bars end with Q2 '26 (the quarter to June 30, 2026); NEM reported again on October 22, 2026, and that quarter is not in our statement data yet. The 12-month figures come from the statistics feed and may include it.
Revenue growth: Revenue grew 21.3% in FY2025 to $22.7B, from $18.7B a year earlier.
Profit margin: The net margin was 31.6% in FY2025, up from 18.1% the year before.
Profitable: NEM earned $7.2B in FY2025.
Earnings reality check
Did NEM beat what analysts expected, and how did the stock react?
Earnings record: NEM beat the analyst estimate in 8 of the last 8 quarters.
Market reaction: The stock fell in the first session after 5 of those 8 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Oct 22, 2026after close | $1.95 | $2.20 | +12.82% | -4.59% | - |
| Jul 23, 2026after close | $1.99 | $2.10 | +5.53% | -1.62% | +1.10% |
| Apr 23, 2026after close | $2.17 | $2.90 | +33.64% | +8.68% | +0.03% |
| Feb 19, 2026after close | $2.03 | $2.52 | +24.14% | -2.61% | +1.65% |
| Oct 23, 2025after close | $1.44 | $1.71 | +18.75% | -6.23% | -7.42% |
| Jul 24, 2025after close | $1.16 | $1.43 | +23.28% | +6.89% | +0.96% |
| Apr 23, 2025after close | $0.91 | $1.25 | +37.36% | +4.80% | -0.88% |
| Feb 20, 2025after close | $1.03 | $1.40 | +35.92% | -5.74% | -12.41% |
As of October 26, 2026, NEM has beaten the analyst EPS estimate in 8 of its last 8 reported quarters and fell in the first trading session after 5 of those beats; its latest report, on October 22, 2026, came in 12.82% above the estimate and the stock moved -4.59% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
NEM AI analysis and technical indicators
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 39.3, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 39.3 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank Financial AI analysis of NEM
The score, the reasoning behind it, and what could move the price next.
Newmont Corporation (NEM) is in a downtrend: the price of $110.39 sits 1.85% below its 200-day average of $112.47 and 9.16% below its 50-day average of $121.52. The 50-day average is still 8.04% above the 200-day, but the price has slipped beneath the shorter line. In its 52-week range of $76.05 to $135.29, the price stands at 58%, and 18.40% below the high.
The recent pullback sits within a longer record that is still stronger. Over the past month the price fell 9.09%, yet over the past three months it rose 18.10% and over the past year it rose 32.41%. Momentum is weak for now: the 14-day RSI of 39.3 sits in the bearish zone, though it is still above the oversold line, and the MACD line is negative.
Analyst downgrade ›
Freedom Broker downgraded it to Hold from Buy on October 22, 2026.
Source: Analyst action, Freedom Broker, October 22, 2026
Earnings beat, but the stock fell ›
The October 22, 2026 report beat the EPS estimate by 12.82%, and the share price fell 4.59% in the first session after it.
Source: Earnings report, October 22, 2026
- Keep an eye on the two nearest levels: the 200-day SMA at $112.47 above the price and the 52-week low at $76.05 below it.
- A 14-day RSI of 39.3 sits in the bearish zone, and the MACD line is negative. Readings above 70 or below 30 are the marks of stretched momentum.
- After the October 22, 2026 report the share price fell 4.59% in the first session; NEM beat estimates in 8 of the last 8 reports.
NEM is trading beneath both its 50-day ($121.52) and 200-day ($112.47) averages, and that is why the trend reads down. A move back above the 200-day would be the first sign of repair. That average, at $112.47, is the nearest level above the price.
The next level below the price is the 52-week low at $76.05.
Technical indicators
Momentum and trend for NEM, from its daily closes.
As of October 26, 2026, with NEM at $110.39, its 14-day RSI is 39.3 (showing bearish momentum without being oversold), its 50-day simple moving average is $121.52 and its 200-day is $112.47.
Calculated by CleaRank on daily closes as of October 26, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
What NEM moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 26, 2026, NEM's 1-year correlation of daily returns is +0.31 with S&P 500 (SPY), +0.31 with Nasdaq 100 (QQQ), +0.34 with Bitcoin (BTC) and +0.78 with gold (XAU).
NEM price target and analyst forecast
The analysts' target range and how their ratings split.
Analysts checks
2/3Most analysts rate it a buy ›
19 of 23 analysts rate it a buy or strong buy, 3 a hold and 1 a sell.Median target above the price ›
The median 12-month target of $140.00 is 26.8% above the price.More buy ratings than three months ago ›
19 of 23 rate it a buy now, against 20 of 23 three months ago.
NEM Wall Street View
12-month price targets
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 22, 2026 | Freedom Broker | Downgrade | Hold |
| Oct 20, 2026 | Citigroup | Maintains | Buy |
| Oct 19, 2026 | Barclays | Maintains | Overweight |
| Sep 16, 2026 | RBC Capital | Maintains | Outperform |
| Sep 9, 2026 | Bernstein | Maintains | Outperform |
| Aug 12, 2026 | Scotiabank | Maintains | Sector Outperform |
As of October 26, 2026, 23 Wall Street analysts cover NEM: 19 rate it a buy or strong buy, 3 a hold and 1 a sell or strong sell. Their 12-month price targets range from $70.00 to $165.00. The median NEM price target is $140.00, 26.8% above the price of $110.39.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
NEM trade plan: entry, stop loss and targets
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
NEM trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Long entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from NEM's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much NEM tends to move, against the market and on its own.
NEM price history and drawdowns
NEM's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
2/4Average daily move under 2% ›
The price has moved 2.13% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 60.8%, from April 2022 to February 2024, regained by September 2025.Most 1-year holds ended higher ›
64% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $40,514, against $42,015 in the S&P 500 (SPY).
NEM Drawdowns & Recovery
As of October 26, 2026, NEM's worst peak-to-trough fall over the last 10 years with dividends reinvested was -60.8% (April 2022 to February 2024); it regained that peak by September 2025, 19 months after the low, and 64% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into NEM in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: NEM trailed the S&P 500 over this period: $40,514 against $42,015.
A $10,000 investment in NEM in October 2016 would be worth about $40,514 today with dividends reinvested, compared with about $42,015 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to NEM, and which have not.
Strongest month, April: an average of +7.47%, up in 7 of 10 years.
Weakest month, October: an average of -3.02%, up in 3 of 9 years.
This month, October: has averaged -3.02%, up in 3 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, NEM's strongest calendar month has been April (average +7.47%, up in 7 of 10 years) and its weakest October (average -3.02%, up in 3 of 9 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
NEM stock price prediction 2030
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in NEM, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 4-year Monte Carlo simulation, based on 10 years of price history, projects that a $10,000 investment in NEM today could grow to about $13,849 by 2030 in the base case, with a 90th-percentile outcome near $34,678 and a 10th-percentile outcome around $5,531. The simulation models price only; at today's 0.93% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
NEM Stock Price Prediction 2030: Simulated Scenarios
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $153 for NEM by 2030 in the base case, from $110 today (1.4x over 4 years). The 10th-percentile path ends near $61.06. These are outcomes of a Monte Carlo simulation run on NEM's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $75.68 | $120 | $189 | |
| 2028 | $67.88 | $130 | $249 | |
| 2029 | $63.65 | $141 | $312 | |
| 2030 | $61.06 | $153 | $383 |
Method: a lognormal simulation of NEM's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works
NEM insider trading
What the people running the company have bought and sold.
NEM insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Net insider selling: No insider bought NEM shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 26, 2026, NEM insiders reported 33 open-market sales worth $14.3M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 1, 2026 | Natascha Viljoen
Chief Executive Officer
|
Sell | 3.9K | $477.5K |
| Sep 1, 2026 | Peter Toth
Officer
|
Sell | 3.0K | $369.0K |
| Aug 24, 2026 | Gregory H Boyce
Director
|
Grant | 46.9K | - |
| Aug 5, 2026 | Brian Tabolt
Chief Financial Officer
|
Sell | 11.4K | $1.2M |
| Aug 5, 2026 | Natascha Viljoen
Chief Executive Officer
|
Sell | 7.8K | $807.5K |
| Aug 3, 2026 | Peter Toth
Officer
|
Sell | 3.0K | $280.4K |
| Jul 27, 2026 | David James Fry
Officer
|
Grant | 3.7K | - |
| Jul 27, 2026 | Mark C Rodgers
Chief Operating Officer
|
Grant | 7.0K | - |
| Jul 27, 2026 | Brian Tabolt
Chief Financial Officer
|
Grant | 7.3K | - |
| Jul 27, 2026 | David John Thornton
Chief Technology Officer
|
Grant | 2.7K | - |
| Jul 27, 2026 | Peter Wexler
Officer
|
Grant | 5.3K | - |
| Jul 1, 2026 | Peter Toth
Officer
|
Sell | 3.0K | $277.1K |
| Jun 1, 2026 | Natascha Viljoen
Chief Executive Officer
|
Sell | 3.9K | $408.9K |
| Jun 1, 2026 | Peter Toth
Officer
|
Sell | 3.0K | $316.0K |
| May 14, 2026 | Deborah Leyva
Officer
|
Grant | 1.9K | - |
| May 13, 2026 | Gregory H Boyce
Director
|
Grant | 1.7K | - |
| May 13, 2026 | Bruce R Brook
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Maura J Clark
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Harry M Conger IV
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Emma Fitzgerald
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Sally-Anne Layman
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Garza Jose Manuel Madero
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Rene Medori
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Jane Nelson
Director
|
Grant | 1.6K | - |
| May 13, 2026 | Julio Manuel Quintana
Director
|
Grant | 1.6K | - |
| May 13, 2026 | David Thomas Seaton
Director
|
Grant | 1.6K | - |
| May 1, 2026 | Peter Wexler
Chief Financial Officer
|
Sell | 13.4K | $1.5M |
| May 1, 2026 | Peter Toth
Officer
|
Sell | 3.0K | $330.3K |
| May 1, 2026 | David John Thornton
Officer
|
Sell | 2.3K | $252.8K |
| Apr 1, 2026 | Peter Toth
Officer
|
Sell | 3.0K | $339.3K |
| Mar 18, 2026 | Peter Toth
Officer
|
Sell | 3.0K | $324.0K |
| Mar 16, 2026 | David James Fry
Officer
|
Sell | 18.4K | $2.1M |
| Mar 3, 2026 | David John Thornton
Officer
|
Sell | 8.1K | $973.5K |
| Mar 3, 2026 | Mark C Rodgers
Officer
|
Sell | 1.4K | $164.4K |
| Mar 2, 2026 | Mark C Rodgers
Officer
|
Sell | 2.1K | $269.0K |
| Feb 27, 2026 | Mark C Rodgers
Officer
|
Sell | 4.4K | $577.6K |
| Feb 27, 2026 | Jennifer Cmil
Officer
|
Grant | 2.0K | - |
| Feb 27, 2026 | Francois Hardy
Chief Technology Officer
|
Grant | 1.7K | - |
| Feb 27, 2026 | Mark C Rodgers
Officer
|
Grant | 1.4K | - |
| Feb 27, 2026 | Brian Tabolt
Officer
|
Grant | 490 | - |
| Feb 27, 2026 | Peter Toth
Officer
|
Grant | 2.7K | - |
| Feb 25, 2026 | Mark C Rodgers
Officer
|
Sell | 5.1K | $643.4K |
| Feb 23, 2026 | Francois Hardy
Chief Technology Officer
|
Grant | 4.3K | - |
| Feb 23, 2026 | Mark C Rodgers
Officer
|
Grant | 4.4K | - |
| Feb 23, 2026 | Brian Tabolt
Officer
|
Grant | 7.5K | - |
| Feb 23, 2026 | Peter Toth
Officer
|
Grant | 5.9K | - |
| Feb 23, 2026 | Natascha Viljoen
Chief Executive Officer
|
Grant | 18.8K | - |
| Feb 23, 2026 | Peter Wexler
Chief Financial Officer
|
Grant | 4.7K | - |
| Dec 1, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $192.1K |
| Nov 3, 2025 | Thomas Ronald Palmer
Chief Executive Officer
|
Sell | 5.0K | $406.7K |
| Nov 3, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $168.4K |
| Oct 1, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $176.8K |
| Sep 2, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $154.9K |
| Aug 6, 2025 | Brian Tabolt
Officer
|
Sell | 7.0K | $477.2K |
| Aug 1, 2025 | Peter Toth
Officer
|
Sell | 3.0K | $191.0K |
| Aug 1, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $132.2K |
| Jul 28, 2025 | Peter Wexler
Chief Financial Officer
|
Grant | 15.7K | - |
| Jul 1, 2025 | Peter Toth
Officer
|
Sell | 3.0K | $176.3K |
| Jul 1, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $122.0K |
| Jun 2, 2025 | Peter Toth
Officer
|
Sell | 3.0K | $162.3K |
| Jun 2, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $112.3K |
| May 1, 2025 | Peter Toth
Officer
|
Sell | 3.0K | $154.4K |
| May 1, 2025 | Bruce R Brook
Director
|
Sell | 2.1K | $106.9K |
| May 1, 2025 | Gregory H Boyce
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Bruce R Brook
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Maura J Clark
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Harry M Conger IV
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Emma Fitzgerald
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Sally-Anne Layman
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Garza Jose Manuel Madero
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Rene Medori
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Jane Nelson
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Julio Manuel Quintana
Director
|
Grant | 3.5K | - |
| May 1, 2025 | David Thomas Seaton
Director
|
Grant | 3.5K | - |
| May 1, 2025 | Natascha Viljoen
President
|
Grant | 12.3K | - |
Source: TwelveData, from SEC Form 4 filings
NEM stock forecast: questions people ask
Answered from the figures on this page, as of October 26, 2026.