BMO Capital Markets Has Lowered Expectations for Newmont (NYSE:NEM) Stock Price

Newmont (NYSE:NEM) had its target price cut by equities research analysts at BMO Capital Markets from $145.00 to $140.00 in a report issued on Friday. The firm currently has an “outperform” rating on the basic materials company’s stock. BMO Capital Markets’ target price points to a potential upside of 11.55% from the company’s current price.

A number of other equities analysts also recently commented on NEM. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $177.00 target price on shares of Newmont in a research note on Wednesday, February 4th. Macquarie Infrastructure raised their price objective on Newmont from $115.00 to $126.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Raymond James Financial upped their target price on Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Argus raised their price target on Newmont from $75.00 to $94.00 in a research note on Friday, November 21st. Finally, Stifel Nicolaus upped their price objective on shares of Newmont from $120.00 to $175.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $131.66.

Newmont Price Performance

NEM opened at $125.50 on Friday. The business has a fifty day moving average of $112.64 and a 200 day moving average of $92.58. The stock has a market cap of $136.95 billion, a P/E ratio of 19.49, a PEG ratio of 1.04 and a beta of 0.40. The company has a quick ratio of 1.74, a current ratio of 2.04 and a debt-to-equity ratio of 0.17. Newmont has a 52-week low of $41.23 and a 52-week high of $134.88.

Newmont (NYSE:NEM) last released its earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.71. The business had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a return on equity of 20.35% and a net margin of 33.42%.The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period last year, the company earned $1.40 earnings per share. As a group, sell-side analysts anticipate that Newmont will post 3.45 EPS for the current year.

Insider Activity

In related news, Director Bruce R. Brook sold 2,080 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $92.36, for a total transaction of $192,108.80. Following the completion of the transaction, the director owned 32,709 shares in the company, valued at $3,021,003.24. The trade was a 5.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.05% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Newmont

Several hedge funds have recently modified their holdings of NEM. Wick Capital Partners LLC acquired a new stake in Newmont in the 4th quarter worth approximately $241,000. Mcguire Capital Advisors Inc. acquired a new position in Newmont during the 4th quarter valued at approximately $540,000. Compound Planning Inc. raised its holdings in shares of Newmont by 5.2% in the fourth quarter. Compound Planning Inc. now owns 21,071 shares of the basic materials company’s stock worth $2,104,000 after buying an additional 1,048 shares during the last quarter. TMB Capital Partners LLC acquired a new stake in shares of Newmont during the fourth quarter worth $246,000. Finally, Axxcess Wealth Management LLC lifted its stake in shares of Newmont by 45.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 21,409 shares of the basic materials company’s stock worth $2,138,000 after buying an additional 6,719 shares during the period. Institutional investors and hedge funds own 68.85% of the company’s stock.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Q4 earnings beat expectations — Newmont reported $2.52 EPS, well above consensus, and revenue rose year-over-year, which supports near-term earnings momentum. Newmont Corporation (NEM) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Record free cash flow and strong margins — commentary and reporting highlighted record FCF and margin expansion driven by high gold prices, improving discretionary capital and de-risking the balance sheet. Newmont Crushes Earnings With Record Free Cash Flow but Guidance Stalls the Rally
• Positive Sentiment: Dividend raise and enhanced capital-allocation framework — the company raised the quarterly payout (~4% increase) and outlined an updated framework prioritizing returns to shareholders, which boosts yield/return expectations. Newmont Reports Fourth-Quarter and Full-Year 2025 Results, Provides 2026 Guidance, and Announces Enhanced Capital Allocation Framework
• Neutral Sentiment: Published mineral-reserve figures reflect 2025 divestments — attributable gold reserves fell versus 2024 mainly due to asset sales, not operational depletion; important for long-term reserve-base assessment but not an immediate cash-flow issue. Newmont Reports 2025 Mineral Reserves of 118.2 Million Gold Ounces and 12.5 Million Tonnes of Copper
• Neutral Sentiment: Full earnings materials and call available — investors can review the transcript, slide deck and press release for detail on mine plans, cost outlook and sensitivity to gold prices. Newmont Corporation (NEM) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst metric reviews published — coverage from Zacks and others breaks down key operating metrics and comparisons to estimates; useful for modeling cost, production and FCF sensitivity. Newmont (NEM) Reports Q4 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Cautious 2026 guidance tempered the rally — management’s guidance and cadence for 2026 were viewed as conservative relative to the strong Q4, prompting some profit-taking despite the beat. Newmont Crushes Earnings With Record Free Cash Flow but Guidance Stalls the Rally

About Newmont

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.