NEM Share Price: Live Quote, Forecast & Analyst Targets

Gold miners have had a wild ride lately, and Newmont (NEM) sits right in the eye of that storm. Analysts are painting a notably bullish picture for the world’s largest gold producer, with price targets ranging from $68 to $176—and that’s before accounting for the recent run-up in gold prices. If you’re trying to figure out whether NEM deserves a spot in your portfolio right now, here’s where the evidence points.

Prev Close: $109.30 ·
52 Week High: $134.88 ·
Market Cap: 119.01B ·
P/E Ratio: 17.96 ·
Dividend Yield: 87.9%

The table below consolidates key trading and valuation data from multiple financial platforms as of April 2026.

Is NEM a good stock to buy now?

The bull case for Newmont rests on two pillars: a strong analyst consensus and a recent track record that has outpaced the broader market. Across 21 to 23 analysts tracking NEM, the consensus recommendation lands firmly in BUY territory, according to MarketScreener and Benzinga. The average 12-month target sits at $140.06, implying roughly 28% upside from the $109.30 close recorded on February 13, 2026.

Recent performance adds weight to the optimistic view. NEM gained 31% over the past 52 weeks compared to the S&P 500’s 16.6% advance, and the stock’s year-to-date return of 66.9% through early 2026 dramatically outpaced the index’s 7.8%, Barchart reports. The dividend yield of 87.9% also signals income-oriented investors are finding value here.

Analyst consensus

Of the analysts covering NEM, the breakdown tilts heavily bullish. MarketBeat data shows 14 Buy ratings, 5 Strong Buy ratings, 3 Hold ratings, and just 1 Sell rating among 23 analysts. The average price target on MarketBeat reads $90.59, with a high estimate of $115 and a low of $58, though this reflects a broader sample including more cautious voices. On AnaChart, 61.76% of ratings carry a BUY designation versus 38.24% HOLD, with individual targets ranging from $68 to $157.

Recent performance factors

Gold prices hovering near $3600 per ounce have been a tailwind for Newmont’s revenue and cash flow projections. Analysts expect NEM’s 2025 adjusted EPS to surge 46.6% year-over-year to $5.10, per Barchart. The company’s operations span the Americas, Australia, and Africa, giving it geographic diversification that buffers against localized disruptions.

What is the forecast for NEM’s share price?

Forecasting gold miners requires wrestling with one uncomfortable variable: gold itself. Views on where NEM’s share price heads next split along lines of whether current gold prices represent a structural shift or a temporary spike that will eventually revert lower.

Short-term predictions

Near-term forecasts cluster around the $140 mark. Investing.com aggregates 20 analyst estimates showing an average 12-month target of $140.06, with a high reaching $176. AnaChart records 319 historical price targets and 240 ratings for NEM, with the most recent forecast coming from Shane Nagle at National Alliance on April 17, 2026. Prior to that, Daniel Major at UBS issued a Buy rating with a $140 target on March 27, 2026.

Some analysts urge caution on short-term calls. Independent analysis on YouTube argues that NEM’s valuation at $81 incorporated sustained $3600/oz gold pricing as the baseline scenario—a level many models assume will eventually normalize downward toward $2500/oz.

Long-term outlook to 2027

Extending the horizon to 2027 requires assuming gold prices either hold current levels or climb further. AnaChart’s historical accuracy data shows NEM forecasts realized 97.02% on average over 480.8 days, though past performance never guarantees future results. If gold sustains $3600/oz or pushes higher, NEM’s earnings power could support the higher end of analyst target ranges. CIBC’s $176 target implies 57.71% upside from recent prices, suggesting the bull case has room to run if commodity tailwinds persist.

The pattern: The wide analyst target spread signals that gold price assumptions—not NEM’s operations—are the real swing factor driving where the stock goes from here.

What is the target price for NEM stock?

Pinpointing a single “correct” target price obscures the reality that analysts disagree. Multiple data aggregators compile consensus estimates, but their methodology differences produce notably different outputs.

Average analyst target

MarketScreener’s consensus from 21 analysts shows an average target of $140.06, representing 28.15% upside from the $109.30 close on February 13, 2026. Benzinga’s separate compilation of 21 analysts produces a slightly lower consensus of $91.32, though this includes older estimates before the latest round of target increases. The discrepancy reflects timing—CIBC’s $176 target arrived April 21, 2026, pushing more recent averages higher.

High and low estimates

The spread between high and low targets tells the real story. AnaChart’s database shows a peak target of $157 and a floor of $68, while Benzinga identifies CIBC’s $176 as the highest active estimate as of late February 2026. On the conservative end, MarketBeat records a low target of $58 against its $90.59 consensus.

The implication: Tracking the most active analysts on AnaChart reveals where the sophisticated money is positioning its price assumptions.

Is NEM undervalued?

Whether Newmont trades at a discount depends on which valuation framework you apply—and whether gold prices remain near current levels or normalize downward.

Key valuation metrics

Newmont’s P/E ratio of 17.96 sits in line with historical averages for major gold miners, though it compresses significantly when measured against projected 2025 EPS of $5.10. The forward multiple appears modest if gold prices hold. Market cap of $119.01 billion reflects the company’s position as the world’s largest gold producer by output and reserves, according to MarketScreener.

Comparison to peers

NEM outperformed the iShares MSCI Global Gold Miners ETF (RING) by roughly 14 percentage points over the trailing 52 weeks, with NEM gaining 31% versus RING’s 16.6%, Barchart reports. The stock’s 66.9% year-to-date gain through early 2026 vastly outpaced both the sector ETF and broader indices, suggesting the market is already pricing in substantial value.

What this means: The valuation case for NEM holds only if gold prices stay near $3600/oz—a fragile assumption that conservative investors must weigh carefully before buying.

How high will NEM go?

The highest optimistic scenario for Newmont assumes gold prices continue climbing and the market rerates NEM toward pure-gold-miner multiples on copper-reserve upside.

Upside potential scenarios

CIBC’s $176 target implies 57.71% upside from recent trading levels around $111.60, according to Benzinga. AnaChart identifies Bob Brackett as the most bullish analyst, projecting $42.95 per share of upside potential. If gold breaks above $4000/oz and NEM’s copper expansion story gains traction, targets in the $150-$176 range become defensible. The 52-week high of $134.88 already cleared in recent trading represents the prior ceiling that bulls are now targeting to extend.

Historical highs

Newmont’s all-time highs came during previous gold bull runs, with the stock historically trading in a range that correlated closely with gold prices. The October 2025 close of $83.25, per MarketBeat, represented a trough that has since been surpassed. From that $83.25 level, NEM gained over 31% to reach $109.30 by February 2026 and traded above $111 by late April.

“The latest price target for Newmont (NYSE:NEM) was reported by CIBC on April 21, 2026. The analyst firm set a price target for $176.00 expecting NEM to rise to within 12 months (a possible 57.71% upside).”

— Benzinga (Financial News Aggregator)

“Highest price target for NEM is $157, Lowest price target is $68. Most recent stock forecast was given by SHANE NAGLE from NATIONAL ALLIANCE on 17-Apr-2026.”

— AnaChart (Analyst Rating Aggregator)

Related reading: IMU Share Price – Live Quote, Charts and Biotech Analysis · Wes Share Price – Live ASX Quote, Charts and Analysis

NEM’s analyst targets reflect broader gold sector momentum, much like the Ramelius share price forecast that spotlights upside for ASX-listed Ramelius Resources amid Western Australia consolidations.

Frequently asked questions