Newmont (NGT) Stock Forecast & Price Target

C$94.90 +0.03 (+0.03%)

As of 08/8/2025 04:00 PM Eastern

Newmont - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 12 Analyst Ratings

Sell
0

Hold
5

Buy
7

Based on 12 Wall Street analysts who have issued ratings for Newmont in the last 12 months, the stock has a consensus rating of "Buy." Out of the 12 analysts, 5 have given a hold rating, 1 has given a buy rating, and 6 have given a strong buy rating for NGT.

Consensus Price Target

C$62.50
-34.14% Downside

According to the 12 analysts' twelve-month price targets for Newmont, the average price target is C$62.50. The highest price target for NGT is C$80.00, while the lowest price target for NGT is C$45.00. The average price target represents a forecasted downside of -34.14% from the current price of C$94.90.

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NGT Analyst Ratings Over Time

Type	Current Forecast 8/10/24 to 8/10/25	1 Month Ago 7/11/24 to 7/11/25	3 Months Ago 5/12/24 to 5/12/25	1 Year Ago 8/11/23 to 8/10/24
Strong Buy	6 Strong Buy rating(s)	5 Strong Buy rating(s)	6 Strong Buy rating(s)	3 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	5 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$62.50	C$62.50	C$62.50	C$68.00
Forecasted Upside	-34.14% Downside	-24.04% Downside	-11.98% Downside	3.88% Upside
Consensus Rating	Buy	Moderate Buy	Buy	Strong Buy

NGT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NGT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Newmont Stock vs. The Competition

Type	Newmont	Basic Materials Companies
Consensus Rating Score	3.08	2.75
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Positive News See Recent NGT News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/25/2025	National Bank Financial 5 of 5 stars		Upgrade	Hold ➝ Strong-Buy
7/8/2025	Stifel Canada 5 of 5 stars	R. Profiti Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/8/2025	The Goldman Sachs Group 3 of 5 stars	H. Nicolaci Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
4/25/2025	Cfra Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Miller Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/15/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Murphy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/11/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Major Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
3/19/2025	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$75.00 ➝ C$80.00	+16.72%
12/23/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$66.00 ➝ C$45.00	-17.99%
11/29/2024	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Moore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
10/28/2024	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Soni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
Get the Latest News and Ratings for NGT and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter.
10/25/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Jakusconek Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
8/29/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Selesky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
6/21/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Spence Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 04:24 AM ET.

Should I Buy Newmont Stock? NGT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 6, 2025. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com.

Newmont
Bull Case

Here are some ways that investors could benefit from investing in Newmont Co.:

Newmont Co. has received multiple upgrades to a "strong-buy" rating from various brokerages, indicating strong confidence in the company's future performance.
The current stock price is around C$83.32, reflecting a recent increase, which may suggest positive market sentiment and potential for further growth.
Analysts project a solid earnings per share (EPS) of $1.43 for Q2 2025, with a full-year estimate of $6.19 EPS, indicating strong profitability expectations.
The company has a diverse portfolio, producing not only gold but also copper, silver, lead, and zinc, which can help mitigate risks associated with fluctuations in gold prices.
Newmont Co. has a relatively low beta of 0.51, suggesting that its stock is less volatile compared to the market, which can be appealing for risk-averse investors.

Newmont
Bear Case

Investors should be bearish about investing in Newmont Co. for these reasons:

The company has a negative price-to-earnings (P/E) ratio of -55.05, which may indicate challenges in generating profits relative to its stock price.
Newmont Co. has a debt-to-equity ratio of 30.62, suggesting a higher reliance on debt financing, which can increase financial risk, especially in volatile markets.
Despite recent upgrades, some analysts have downgraded the stock to a "hold" rating, indicating mixed sentiments about its future performance.
The stock has experienced significant fluctuations, with a 12-month low of C$53.03, which may raise concerns about its stability and long-term growth potential.
Market analysts have varying target prices, with a consensus target of C$62.50, which is lower than the current stock price, suggesting potential downside risk.

NGT Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Newmont is C$62.50, with a high forecast of C$80.00 and a low forecast of C$45.00.
: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last year. There are currently 5 hold ratings, 1 buy rating and 6 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NGT shares.
: According to analysts, Newmont's stock has a predicted downside of -34.14% based on their 12-month stock forecasts.
: Over the previous 90 days, Newmont's stock had 2 upgrades and 1 downgrade by analysts.
: Newmont has been rated by research analysts at National Bank Financial, Stifel Canada, and The Goldman Sachs Group in the past 90 days.
: Analysts like Newmont more than other "basic materials" companies. The consensus rating for Newmont is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how NGT compares to other companies.

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This page (TSE:NGT) was last updated on 8/10/2025 by MarketBeat.com Staff

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Newmont (NGT) Stock Forecast & Price Target