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Newmont (NGT) Stock Forecast & Price Target

Newmont logo
C$112.41 +4.39 (+4.06%)
As of 04:00 PM Eastern

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

Consensus Rating

Sell
0
Hold
7
Buy
7

Based on 14 Wall Street analysts who have issued ratings for Newmont in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 7 have given a hold rating, 2 have given a buy rating, and 5 have given a strong buy rating for NGT.

Consensus Price Target

C$62.50
-44.40% Downside
According to the 14 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 -44.40% from the current price of C$112.41.
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.
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NGT Analyst Ratings Over Time

TypeCurrent Forecast
9/19/24 to 9/19/25
1 Month Ago
8/20/24 to 8/20/25
3 Months Ago
6/21/24 to 6/21/25
1 Year Ago
9/20/23 to 9/19/24
Strong Buy
5 Strong Buy rating(s)
6 Strong Buy rating(s)
6 Strong Buy rating(s)
5 Strong Buy rating(s)
Buy
2 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
7 Hold rating(s)
5 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 TargetC$62.50C$62.50C$62.50C$68.00
Forecasted Upside-44.40% Downside-34.69% Downside-21.87% Downside-6.30% Downside
Consensus RatingModerate BuyBuyBuyStrong 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Newmont Stock vs. The Competition

TypeNewmontBasic Materials Companies
Consensus Rating Score
2.86
2.70
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent NGT News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/10/2025Royal Bank Of Canada
3 of 5 stars
 UpgradeHoldModerate Buy
9/4/2025BNP Paribas
4 of 5 stars
 DowngradeStrong-BuyHold
9/2/2025Macquarie
2 of 5 stars
 DowngradeStrong-BuyHold
7/25/2025National Bank Financial
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 UpgradeHoldStrong-Buy
7/8/2025Stifel Canada
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UpgradeStrong-Buy
7/8/2025The Goldman Sachs Group
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DowngradeStrong-BuyHold
4/25/2025Cfra Research
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UpgradeStrong-Buy
4/15/2025BMO Capital Markets
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UpgradeStrong-Buy
4/11/2025UBS Group
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UpgradeHoldStrong-Buy
3/19/2025National Bankshares
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 Boost TargetSector PerformC$75.00 ➝ C$80.00+16.72%
12/23/2024Citigroup
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 Lower TargetBuyC$66.00 ➝ C$45.00-17.99%
11/29/2024CLSA
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UpgradeHold
10/28/2024Cibc World Mkts
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DowngradeStrong-BuyHold
10/25/2024Scotiabank
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DowngradeStrong-BuyHold
8/29/2024Argus
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UpgradeHoldStrong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:04 PM 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 Monday, September 15, 2025. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com.

Newmont
Bull Case

green Wall Street bull icon

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

  • The current stock price is around C$100.27, reflecting a recent increase and indicating strong market interest.
  • Newmont Co. has received multiple upgrades from analysts, with several rating the stock as a "strong-buy," suggesting positive future performance.
  • The company has a solid market capitalization of approximately C$112.25 billion, indicating its stability and size in the industry.
  • Newmont Co. operates in multiple countries, diversifying its revenue streams and reducing reliance on any single market.
  • With a price-to-earnings ratio of around 18.38, the stock may be considered reasonably valued compared to its earnings, making it an attractive option for investors.

Newmont
Bear Case

red Wall Street bear icon

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

  • Recent downgrades from analysts, including a shift from "strong-buy" to "hold," may indicate potential concerns about future growth.
  • The stock has shown volatility, with a 12-month high of C$106.88 and a low of C$53.03, suggesting uncertainty in price stability.
  • Newmont Co. has a relatively high debt-to-equity ratio of 30.62, which could pose risks if the company faces financial challenges.
  • Market conditions for gold and other minerals can be unpredictable, impacting Newmont's profitability and stock performance.
  • Analysts have mixed ratings, with a consensus of "Moderate Buy," indicating that not all investors are confident in the stock's potential.

NGT Forecast - Frequently Asked Questions

According to the research reports of 14 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.

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last year. There are currently 7 hold ratings, 2 buy ratings and 5 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NGT shares.

According to analysts, Newmont's stock has a predicted downside of -44.40% based on their 12-month stock forecasts.

Over the previous 90 days, Newmont's stock had 3 upgrades and 3 downgrades by analysts.

Newmont has been rated by research analysts at BNP Paribas, Macquarie, National Bank Financial, Royal Bank Of Canada, Stifel Canada, and The Goldman Sachs Group in the past 90 days.

Analysts like Newmont more than other "basic materials" companies. The consensus rating score for Newmont is 2.86 while the average consensus rating score for "basic materials" companies is 2.70. Learn more on how NGT compares to other companies.


This page (TSE:NGT) was last updated on 9/19/2025 by MarketBeat.com Staff
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