Newmont (NEM) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Newmont (NEM) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: November 29, 2023 (08:39)

Sector: Basic materials

The share price of Newmont Corp. (NEM) now

What analysts predict: $71.86
52-week High/Low: $53.79 / $33.59

50/200 Day Moving Average: $37.83 / $42.37

This figure corresponds to the Average Price over the previous 50/200 days. For Newmont stocks, the 50-day moving average is the support level today.

For Newmont stocks, the 200-day moving average is the resistance level today.

Are you interested in Newmont Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Newmont stock price in 2023, 2024, 2025, 2026, 2027. How much will one Newmont share be worth in 2023 - 2027?

When should I take profit in Newmont stock? When should I record a loss on Newmont stock? What are analysts' forecasts for Newmont stock? What is the future of Newmont stock? We forecast Newmont stock performance using neural networks based on historical data on Newmont stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Newmont stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Newmont shares. This happens once a day.




Historical and forecast chart of Newmont stock

The chart below shows the historical price of Newmont stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Newmont stock price can be found in the table below.

Long-term forecasts by years.

Newmont Mining Corporation is an American gold mining company, one of the largest in the world.

Official site of the company

Newmont daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 01 38.52 38.26 39.19 2.41
Dec 02 38.41 37.98 38.91 2.43
Dec 03 38.25 37.61 38.75 3.02
Dec 04 38.04 37.61 38.61 2.67
Dec 05 38.64 38.06 39.08 2.68
Dec 06 39.10 38.93 39.58 1.68
Dec 07 39.48 39.10 39.85 1.91
Dec 08 39.81 39.63 40.30 1.70
Dec 09 38.96 38.38 39.39 2.64
Dec 10 39.08 38.70 39.51 2.09
Dec 11 38.44 38.03 38.97 2.49
Dec 12 38.08 37.50 38.75 3.33
Dec 13 38.77 38.59 39.44 2.19
Dec 14 38.60 38.34 39.04 1.84
Dec 15 39.30 38.68 39.99 3.37
Dec 16 39.44 39.01 39.79 2.00
Dec 17 39.36 38.86 39.62 1.96
Dec 18 39.05 38.53 39.26 1.89
Dec 19 38.38 38.02 38.65 1.64
Dec 20 37.76 37.19 38.18 2.68
Dec 21 37.65 37.11 38.23 3.01
Dec 22 37.42 36.76 37.62 2.33
Dec 23 37.70 37.24 37.89 1.74
Dec 24 38.22 37.73 38.56 2.21
Dec 25 38.87 38.65 39.10 1.17
Dec 26 39.72 39.31 40.15 2.16
Dec 27 39.95 39.77 40.64 2.19
Dec 28 39.25 38.70 39.42 1.87
Dec 29 39.33 38.74 39.61 2.26
Dec 30 39.28 38.93 39.76 2.13

Newmont Daily Price Targets


Newmont Stock Forecast 12-01-2023.

Forecast target price for 12-01-2023: $38.52.
Negative dynamics for Newmont shares will prevail with possible volatility of 2.357%.
Pessimistic target level: 38.26
Optimistic target level: 39.19

Newmont Stock Forecast 12-02-2023.

Forecast target price for 12-02-2023: $38.41.
Negative dynamics for Newmont shares will prevail with possible volatility of 2.368%.
Pessimistic target level: 37.98
Optimistic target level: 38.91

Newmont Stock Forecast 12-03-2023.

Forecast target price for 12-03-2023: $38.25.
Negative dynamics for Newmont shares will prevail with possible volatility of 2.932%.
Pessimistic target level: 37.61
Optimistic target level: 38.75

Newmont Stock Forecast 12-04-2023.

Forecast target price for 12-04-2023: $38.04.
Negative dynamics for Newmont shares will prevail with possible volatility of 2.600%.
Pessimistic target level: 37.61
Optimistic target level: 38.61

Newmont Stock Forecast 12-05-2023.

Forecast target price for 12-05-2023: $38.64.
Positive dynamics for Newmont shares will prevail with possible volatility of 2.610%.
Pessimistic target level: 38.06
Optimistic target level: 39.08

Newmont Stock Forecast 12-06-2023.

Forecast target price for 12-06-2023: $39.10.
Positive dynamics for Newmont shares will prevail with possible volatility of 1.652%.
Pessimistic target level: 38.93
Optimistic target level: 39.58

NEM (NEM) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Dec. 38.37 35.84 39.60 9.50

Newmont forecast for this year


Newmont Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $38.3709. Pessimistic: $35.84. Optimistic: $39.60



Newmont (NEM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 40.21 38.56 41.98 8.14
Feb 40.53 39.03 42.16 7.40
Mar 37.82 36.15 38.69 6.55
Apr 37.44 35.94 38.98 7.78
May 38.26 35.78 40.67 12.04
Jun 37.08 35.11 38.71 9.29
Jul 37.67 36.24 38.65 6.24
Aug 36.96 34.07 39.21 13.10
Sep 34.26 31.52 36.59 13.86
Oct 34.46 33.33 35.57 6.30
Nov 33.15 32.46 33.98 4.49
Dec 33.45 31.18 35.09 11.15

Newmont (NEM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 35.46 32.80 36.17 9.31
Mar 36.49 35.03 38.20 8.31
Mar 40.10 38.78 42.31 8.34
Apr 40.50 37.34 42.97 13.10
May 43.94 41.17 46.27 11.02
Jun 42.58 39.94 45.82 12.83
Jul 43.90 41.18 46.18 10.84
Aug 42.58 41.48 44.80 7.41
Sep 43.82 42.90 46.93 8.59
Oct 45.22 42.37 46.94 9.73
Nov 49.61 45.99 53.08 13.36
Dec 48.37 45.18 49.58 8.88

Newmont (NEM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 47.79 45.92 50.94 9.85
Mar 49.75 47.36 52.53 9.85
Mar 49.95 48.70 52.44 7.14
Apr 46.10 45.09 49.46 8.85
May 41.72 39.26 43.14 8.99
Jun 42.01 39.24 42.89 8.52
Jul 43.86 41.27 46.71 11.64
Aug 47.72 46.77 51.06 8.41
Sep 47.58 45.10 49.10 8.14
Oct 46.72 43.50 50.18 13.31
Nov 49.66 47.88 51.65 7.31
Dec 50.26 48.55 54.23 10.47

Newmont (NEM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 49.00 47.83 52.24 8.44
Mar 50.33 47.91 53.90 11.11
Mar 48.62 45.12 52.21 13.59
Apr 47.55 45.03 50.68 11.16
May 46.45 44.55 49.33 9.70
Jun 47.38 45.11 50.65 10.94
Jul 51.65 49.79 54.38 8.45
Aug 49.12 47.64 52.85 9.85
Sep 53.19 52.13 55.53 6.13
Oct 52.29 48.68 54.43 10.57
Nov 52.08 48.90 55.10 11.25
Dec 50.26 46.39 52.06 10.91

Newmont information and performance

Newmont Address

6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE, CO, US

Market Capitalization: 46 756 520 000 $

Market capitalization of the Newmont Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of NEM shares in the company outstanding by the market price of one share.

EBITDA: 3 340 000 000 $

EBITDA of Newmont is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.787

Price/earnings to growth

DPS: 1.6

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0419

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -1.06

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.259
Quarterly Revenue Growth YOY: -0.054
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 10.48

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.24

Enterprise Value (EV) /Revenue

EV To EBITDA: 24.66

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1152490000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Newmont (NEM) stock dividend

Newmont last paid dividends on 11/29/2023. The next scheduled payment will be on 12/22/2023. The amount of dividends is $1.6 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.