Insider buying last 90 days
No open-market insider purchases were filed for NEM in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every NEM insider filing, plotted on the chart in Gekko.Open NEM in Gekko
NYSE: NEM
Newmont (NEM) Stock Analysis & Forecast
$123.41−0.98 (−0.8%)
Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.
Gekko Brief
AI summaryNewmont (NEM) closes at $123.41, down 0.8% on the day, with the stock trading above both its 50-day ($112.55) and 200-day ($110.20) moving averages. The GekkoIndex reads 56.8, placing it in the Neutral zone. Shares sit 15.4% below Gekko Fair Value of $145.85. Over the past year the stock has returned 56.8%, with three- and six-month returns of 18.9% and 24.4% respectively, against a 52-week range of $76.05 to $135.29.
This week's coverage centers on capital returns and portfolio resolution: UBS raised its price target on Newmont to $155 from $120 while maintaining a Buy rating, citing confidence in the company's capital returns outlook following resolution of the Fourmile project payment to Barrick. Alongside this, several institutional filings show incremental accumulation, including a $38.9 million new position from Nykredit A/S and smaller additions from Corient Private Wealth and Concurrent Investment Advisors. Separately, shares registered a notable single-day decline tied to broader movement in gold and precious metals prices.
Looking ahead, Newmont's next earnings report is scheduled for 22 October 2026, 32 days out and beyond a typical 20-trading-day holding window. The company has beaten EPS estimates in 7 of the last 8 quarters, with an average absolute reaction of 5.8% following results. Seasonality data over five years shows the next 20 trading days from this point averaging a 3.1% gain, positive in 4 of those years. Analyst sentiment remains largely favorable, with 12 of 13 covering firms rating the stock Buy and a consensus target of $134.83, implying 9.3% upside from current levels.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $123.41200-day averageGekko Fair Value $145.85
Key stats
- Market cap
- $130.0B
- P/E ratio
- 15.7
- Forward P/E
- 11.1
- EPS, TTM
- $7.93
- Revenue, TTM
- $25.77B
- Profit margin
- 33.4%
- Dividend yield
- 0.85%
- Beta
- 0.54
- Volume
- 21.24M avg 8.12M
- 1-year return
- +56.8%
- Typical daily move
- ±3.4%
- Typical 20-day move
- ±7.9%
- 50-day average
- $112.55
- 200-day average
- $110.20
- Next earnings
- Oct 22
- Shares outstanding
- 1.05B
Newmont swing-trade checklist
Newmont scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed0 headwinds
- Trendsupportive
Above 50 and 200-day
Close $123.41 is above the 50-day ($112.55) and 200-day ($110.20) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
56.8, Neutral
Reading 56.8 is in the Neutral zone.
See the GekkoIndex - Fair valuesupportive
15.4% below
Price is 15.4% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 32 days
Next report Oct 22, 2026, 32 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+3.1% on average
From this point in the calendar, the next 20 trading days averaged +3.1% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Newmont stock chart and price history
Newmont closed at $123.41 on Sep 18, 2026, +56.8% over the past year, inside a 52-week range of $76.05 to $135.29.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −1.3%
- 3 months
- +18.9%
- 6 months
- +24.4%
- 1 year
- +56.8%
The full NEM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NEM in Gekko
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About Newmont
Newmont focuses on finding and extracting gold, and it is widely recognized for this core activity. Beyond gold, the company also searches for and mines other metals, both precious and base, including copper, silver, zinc, and lead. This mix of activities makes it a presence in the broader metals extraction space, with gold as its most prominent output.
The company's mining and exploration activities span a wide range of countries, including the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. Its land holdings are extensive, and as of the end of 2021 it held proven and probable gold reserves amounting to 92.8 million ounces across a portfolio covering 62,800 square kilometers.
Newmont was established in 1916 and operates out of its headquarters in Denver, Colorado. Its shares trade on the NYSE under the ticker NEM.
- Listed
- NYSE
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Website
- newmont.com
Newmont GekkoIndex: the smart money zone
Newmont’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 56.8, in the Neutral zone, up 3.2 points over five sessions.
56.8Neutral
Up 3.2 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 39 | 0.0% | −0.4% | ||
| Accumulation | 137 | +1.3% | +5.8% | ||
| Neutral (current zone) | 396 | +1.6% | +5.4% | ||
| Distribution | 89 | −0.6% | +2.5% | ||
| Selling | 1 | Too few readings yet | |||
Average NEM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the NEM price, zone by zone.Track NEM in Gekko
Is Newmont stock overvalued? Gekko Fair Value
Newmont trades 15.4% below Gekko Fair Value of $145.85, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Newmont shares are worth, recalculated every trading day.
$145.85
Gekko Fair Value, Sep 19, 2026
15.4% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open NEM in Gekko
Newmont insider and Congress trading
No open-market insider purchases were filed for Newmont, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in NEM were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for NEM, plotted on the chart in Gekko.Open NEM in Gekko
Buybacks
Newmont has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $1.57B
- As a share of market cap
- 1.21%
- Trailing four quarters
- $4.41B
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds NEM.
0added1opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Newmont earnings: next date and track record
Newmont reports on Oct 22, 2026 (32 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Oct 22, 2026
32 days away
- EPS estimate
- $1.94
- Revenue estimate
- $6.25B
7 of 8reports beat the EPS estimate
±5.8%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 23, 2026 AI summary
- What they said
- Newmont reported strong second-quarter 2026 results driven by stable operations, disciplined cost management and solid free cash flow. Management highlighted adjusted EBITDA of $3.8 billion, adjusted net income of $2.10 per share, an average realized gold price of $4,414/oz, $2.9 billion of cash flow from operations and $2.2 billion of free cash flow. The company returned approximately $1.8 billion to shareholders via dividends and share repurchases, maintained a resilient balance sheet and reiterated it is on track to meet 2026 guidance. Management announced several executive appointments intended to strengthen leadership and execution. Key operational topics included Cadia cave operations and seismic-related cave-establishment halts, progress and MOU discussions on Red Chris (including a C$500M support discussion with the Canadian government), continued brownfields and near-mine project opportunities (e.g., Lihir, Cerro Negro, Ahafo North, Brucejack, Merian), and active engagement with the Ghanaian government on local development/stability. Management acknowledged emerging input cost pressures (notably fuel/oil and certain indirects) and said they are monitoring impacts and pursuing productivity measures to offset inflation. They reaffirmed capital guidance for 2026 (sustaining and development capital expectations) and plan to provide greater guidance framework updates in February next year.
- Guidance
- On track to achieve 2026 guidance (no new numeric revisions). 2026 sustaining capital ~ $2.0 billion (approximate), 2026 development capital ~ $1.4 billion (2026 figure; Red Chris CapEx would be additional if the project proceeds). Assumption in guidance: Brent ~$70/barrel and an inflation assumption in the ~3% range for 2026. Net cash target range: $1.0 - $3.0 billion. Management expects Q3 uplift in sustaining and development CapEx (roughly +$150M each from Q2 to Q3) and will update on Red Chris full-funds decision later this year or early Q1 2027. Management plans to review and aim to reestablish a multiyear guidance framework in February next year.
- Risks flagged
- Cost inflation and input-price volatility (notably oil/diesel, explosives, cyanide, grinding media, labor and freight). Cadia operational risk related to seismic activity and halted cave establishment work. Legal and commercial dispute with Barrick (notice of default and ongoing engagement). Regulatory/sovereign risk in Ghana and potential changes in local-content or tax/royalty expectations. Capital cost inflation and timeline risk for large projects (e.g., Red Chris). Working capital variability (receivable timing, reclamation spending, inventory/stockpile changes).
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 23, 2026 | $2.10 est $2.05 | $6.12B est $6.35B | −2.7% |
| Apr 23, 2026 | $2.90 est $2.20 | $7.31B est $6.77B | +7.9% |
| Feb 19, 2026 | $2.52 est $2.07 | $6.82B est $6.23B | −2.1% |
| Oct 23, 2025 | $1.71 est $1.44 | $5.38B est $5.19B | −4.2% |
| Jul 24, 2025 | $1.43 est $0.97 | $5.28B est $4.70B | +7.0% |
| Apr 23, 2025 | $1.25 est $0.92 | $5.01B est $4.70B | +2.1% |
| Feb 20, 2025 | $1.40 est $1.03 | $5.72B est $5.15B | −4.4% |
| Oct 23, 2024 | $0.81 est $0.86 | $4.60B est $4.63B | −16.1% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Newmont stock forecast and analyst price targets
Analysts’ average 12-month price target for Newmont is $134.83, +9.3% from the last close, from 13 firms rating the stock in the last 90 days.
$134.83consensus 12-month target, +9.3% from the last close
Now $123.41Avg $134.83
Low $110High $170
Each firm’s latest rating in the last 90 days: 13 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 16 | UBS | $155 | +25.6% |
| Sep 15 | Goldman Sachs | $127.50 | +3.3% |
| Sep 14 | Bernstein | $144 | +16.7% |
| Sep 9 | Bernstein | $144 | +16.7% |
| Sep 9 | Bernstein | $144 | +16.7% |
+5.4%average 20-day move after past Neutral readings
+3.1%average move over the next 20 trading days in the last 5 years
±3.4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Newmont seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Newmont averaged +3.1% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.4% | 2 of 5 |
| Next 10 trading days | −0.9% | 3 of 5 |
| Next 15 trading days | −1.0% | 2 of 5 |
| Next 20 trading days | +3.1% | 4 of 5 |
| Next 30 trading days | −4.7% | 1 of 5 |
For scale, NEM’s typical 20-trading-day move in either direction is about 7.9%.
Newmont market cap and key statistics
Newmont’s market cap is $130.0B, with a P/E ratio of 15.7 and revenue of $25.77B over the last twelve months.
Valuation
- Market cap
- $130.0B
- P/E ratio
- 15.7
- Forward P/E
- 11.1
- EPS, TTM
- $7.93
- Gekko Fair Value
- $145.85
Trading
- Volume
- 21.24M
- Avg volume, 20 days
- 8.12M
- 52-week high
- $135.29
- 52-week low
- $76.05
- Shares outstanding
- 1.05B
Financials
- Revenue, TTM
- $25.77B
- Profit margin
- 33.4%
- Return on equity
- 25.9%
- Quarterly earnings growth, YoY
- +11.4%
Risk and income
- Beta
- 0.54
- Typical daily move
- ±3.4%
- Typical 20-day move
- ±7.9%
- Dividend yield
- 0.85%
Newmont stock news this week
Coverage of Newmont this week reads positive: 2 positive, 1 neutral and 0 negative headlines.
- Nykredit A S Takes $38.92 Million Position in Newmont Corporation $NEMDefense World, Sep 19
- Can Newmont GoldCorp (NYSE:NEM) Adapt As The Gold Market Shifts?Kalkine Media, Sep 18
- Newmont price target raised by UBS on capital returns outlookYahoo! Finance Canada, Sep 18
- Why Newmont Stock Just PoppedFool - Investing News, Sep 17
- Newmont Corporation (NEM) Registers a Bigger Fall Than the Market: Important Facts to NoteZacks Investment Research, Sep 16
- Why Newmont Mining Stock Slipped TodayFool - Investing News, Sep 16
Newmont peers
Newmont’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| AEMAgnico Eagle Mines | Neutral | 0.2% below |
| BBarrick Mining | Neutral | 13.0% above |
| WPMWheaton Precious Metals | Neutral | 16.7% above |
| FNVFranco-Nevada | Neutral | 20.1% above |
| KGCKinross Gold | Accumulation | 8.5% above |
| RGLDRoyal Gold | Neutral | 8.7% above |
A peer links to its own page where one exists.
Newmont stock FAQ
What is Newmont’s market cap?
Newmont’s market cap is $130.0B at the Sep 18, 2026 close of $123.41, with 1.05B shares outstanding. The shares trade on a P/E ratio of 15.7.
What is the Newmont stock forecast?
The consensus analyst 12-month price target for Newmont is $134.83, +9.3% from the last close. Of the 13 firms that rated the stock in the last 90 days, 12 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Newmont stock overvalued or undervalued?
On Gekko’s estimate Newmont is undervalued: the Sep 18, 2026 close of $123.41 is 15.4% below Gekko Fair Value of $145.85. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Newmont report earnings next?
Newmont is expected to report on Oct 22, 2026 (32 days away). Analysts expect earnings of $1.94 per share on revenue of $6.25B. Newmont beat the earnings estimate in 7 of its last 8 reports, moving 5.8% on average across the report.
What is Newmont’s 52-week high and low?
Newmont’s 52-week high is $135.29 and its 52-week low is $76.05; it closed at $123.41 on Sep 18, 2026, +56.8% over the past year.
Is Newmont stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (trend, fair value, earnings risk and seasonality), 1 as mixed (gekkoindex). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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