Update shared on 21 Nov 2025
Fair value Increased 0.0048%Newmont's analyst price target has been raised by analysts from approximately $103.42, reflecting optimism around valuation, production growth, and favorable sector trends.
Analyst Commentary
Analysts have recently provided updated perspectives on Newmont, resulting in a series of price target increases and rating changes. Their views reflect evolving expectations for the company’s valuation, operational performance, and exposure to sector trends.
Bullish Takeaways- Bullish analysts are raising price targets substantially. This reflects confidence in Newmont's outlook and the anticipated strength of the gold market in the near term.
- Expectations for production growth, improved free cash flow yield, and disciplined capital management are supporting upward revisions in valuation forecasts.
- Newmont is viewed as offering significant upside potential, especially given its current discount to sector peers and historical underperformance.
- Increases in price forecasts for gold, copper, and aluminum are cited as important tailwinds for the company’s future earnings profile.
- Some bearish analysts are more cautious. They reflect recent underperformance relative to peers and highlight execution risks despite a more favorable commodity price environment.
- Downgrades to neutral ratings suggest that there are still uncertainties around the pace of production growth and the realization of projected value.
- While sector trends are favorable, concerns remain around Newmont’s ability to outperform the sector sustainably in the current market cycle.
What's in the News
- Newmont is exploring the possibility of a full takeover of Barrick or acquiring Barrick’s Nevada gold assets, with potential divestments of non-core assets if a deal proceeds (Bloomberg).
- Shares of Barrick rose while Newmont's stock dropped on news related to possible Barrick transaction activity (Bloomberg).
- Following its acquisition of Newcrest Mining, Newmont is considering significant cost-cutting measures that could include deep job cuts (Bloomberg).
Valuation Changes
- Consensus Analyst Price Target has risen slightly from $103.42 to $103.42, reflecting marginally increased analyst optimism.
- Discount Rate has fallen slightly from 8.13% to 8.11%, indicating marginally reduced perceived risk in valuation models.
- Revenue Growth projections have increased from 5.57% to 5.61%, signaling modestly higher anticipated sales expansion.
- Net Profit Margin has edged up from 33.89% to 33.99%, suggesting a small expected improvement in profitability.
- Future P/E ratio forecast has risen from 14.66x to 15.04x, indicating that shares may be trading at a higher valuation multiple based on projected earnings.
Disclaimer
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