Newmont (NEM) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Newmont (NEM) Stock Forecast for 2024–2028. Sell or Buy?

Updated: March 28, 2024 (08:39)

Sector: Basic materials

The share price of Newmont Corp. (NEM) now

Latest session on the 27th of March for
Newmont Corp. is positive
Trading Volume: 10666981
Open: 34.31 /  High: 35.28 /  Low: 34.18
What analysts predict: $54.88
52-week High/Low: $50.79 / $29.19

50/200 Day Moving Average: $33.64 / $38.34

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 2024, 2025, 2026, 2027, 2028. How much will one Newmont share be worth in 2024 - 2028?

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, 2024, 2025, 2026, 2027 and 2028) 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., %
Mar 30 35.13 34.71 35.52 2.34
Mar 31 35.00 34.68 35.26 1.67
Apr 01 34.82 34.62 35.28 1.90
Apr 02 34.31 33.85 34.69 2.48
Apr 03 34.57 34.35 34.91 1.64
Apr 04 34.89 34.46 35.21 2.18
Apr 05 35.03 34.78 35.40 1.79
Apr 06 35.19 34.78 35.78 2.87
Apr 07 35.87 35.64 36.05 1.15
Apr 08 35.68 35.05 35.95 2.58
Apr 09 35.69 35.25 36.05 2.29
Apr 10 35.70 35.43 36.01 1.64
Apr 11 36.37 36.21 36.87 1.83
Apr 12 36.38 36.18 36.66 1.33
Apr 13 37.14 36.78 37.51 2.00
Apr 14 37.14 36.85 37.32 1.29
Apr 15 37.48 37.23 37.94 1.90
Apr 16 38.26 37.62 38.77 3.07
Apr 17 37.98 37.63 38.64 2.69
Apr 18 37.99 37.72 38.39 1.77
Apr 19 37.97 37.33 38.35 2.73
Apr 20 37.16 36.84 37.73 2.42
Apr 21 37.76 37.46 38.11 1.75
Apr 22 37.85 37.41 38.25 2.23
Apr 23 38.27 37.64 38.89 3.31
Apr 24 38.01 37.82 38.42 1.59
Apr 25 38.24 37.84 38.45 1.62
Apr 26 38.32 37.93 38.93 2.62
Apr 27 38.72 38.49 39.33 2.19
Apr 28 38.49 37.83 39.12 3.40

Newmont Daily Price Targets


Newmont Stock Forecast 03-30-2024.

Forecast target price for 03-30-2024: $35.13.
Negative dynamics for Newmont shares will prevail with possible volatility of 2.285%.
Pessimistic target level: 34.71
Optimistic target level: 35.52

Newmont Stock Forecast 03-31-2024.

Forecast target price for 03-31-2024: $35.00.
Negative dynamics for Newmont shares will prevail with possible volatility of 1.638%.
Pessimistic target level: 34.68
Optimistic target level: 35.26

Newmont Stock Forecast 04-01-2024.

Forecast target price for 04-01-2024: $34.82.
Negative dynamics for Newmont shares will prevail with possible volatility of 1.867%.
Pessimistic target level: 34.62
Optimistic target level: 35.28

Newmont Stock Forecast 04-02-2024.

Forecast target price for 04-02-2024: $34.31.
Negative dynamics for Newmont shares will prevail with possible volatility of 2.416%.
Pessimistic target level: 33.85
Optimistic target level: 34.69

Newmont Stock Forecast 04-03-2024.

Forecast target price for 04-03-2024: $34.57.
Positive dynamics for Newmont shares will prevail with possible volatility of 1.612%.
Pessimistic target level: 34.35
Optimistic target level: 34.91

Newmont Stock Forecast 04-04-2024.

Forecast target price for 04-04-2024: $34.89.
Positive dynamics for Newmont shares will prevail with possible volatility of 2.136%.
Pessimistic target level: 34.46
Optimistic target level: 35.21

NEM (NEM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Apr. 33.41 31.51 34.15 7.73
May. 31.87 30.28 33.75 10.29
Jun. 30.31 29.49 31.71 6.98
Jul. 29.68 28.99 31.52 8.00
Aug. 28.52 26.66 29.86 10.70
Sep. 27.98 26.16 29.63 11.71
Oct. 27.17 25.86 28.01 7.66
Nov. 27.82 25.84 29.10 11.19
Dec. 26.98 25.63 28.14 8.92

Newmont forecast for this year


Newmont Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $33.4112. Pessimistic: $31.51. Optimistic: $34.15


Newmont Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $31.8743. Pessimistic: $30.28. Optimistic: $33.75


Newmont Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $30.3124. Pessimistic: $29.49. Optimistic: $31.71


Newmont Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $29.6759. Pessimistic: $28.99. Optimistic: $31.52


Newmont Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $28.5185. Pessimistic: $26.66. Optimistic: $29.86


Newmont Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $27.9767. Pessimistic: $26.16. Optimistic: $29.63


Newmont Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $27.1653. Pessimistic: $25.86. Optimistic: $28.01


Newmont Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $27.8173. Pessimistic: $25.84. Optimistic: $29.10


Newmont Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $26.9828. Pessimistic: $25.63. Optimistic: $28.14



Newmont (NEM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 29.25 27.82 31.38 11.37
Feb 29.81 28.52 31.74 10.14
Mar 27.27 25.96 28.74 9.68
Apr 27.19 25.01 28.03 10.77
May 25.99 25.37 27.24 6.87
Jun 25.29 23.52 26.15 10.06
Jul 24.43 22.55 25.09 10.13
Aug 26.02 25.34 27.48 7.77
Sep 24.80 23.28 25.62 9.10
Oct 25.19 23.35 26.43 11.63
Nov 23.93 22.35 25.68 12.95
Dec 21.56 20.51 22.94 10.62

Newmont (NEM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 22.25 20.61 23.88 13.70
Feb 20.61 19.78 21.06 6.07
Mar 21.56 20.69 22.12 6.43
Apr 22.98 21.30 24.40 12.71
May 22.34 21.49 23.36 8.03
Jun 23.88 23.23 24.57 5.44
Jul 24.23 22.42 24.99 10.28
Aug 25.35 23.93 27.20 12.02
Sep 24.46 23.21 26.39 12.05
Oct 23.53 22.71 24.61 7.74
Nov 23.13 22.58 24.84 9.12
Dec 22.74 21.69 24.22 10.42

Newmont (NEM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 22.51 21.30 23.30 8.60
Feb 24.34 22.46 25.43 11.67
Mar 25.14 23.68 26.42 10.37
Apr 26.80 25.43 28.91 12.05
May 26.66 25.70 28.05 8.36
Jun 26.82 25.40 27.65 8.15
Jul 24.68 23.34 26.58 12.16
Aug 23.76 23.15 24.57 5.80
Sep 23.60 22.68 24.14 6.06
Oct 24.54 23.51 25.30 7.08
Nov 26.92 25.04 27.62 9.36
Dec 27.46 25.84 28.12 8.11

Newmont (NEM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 27.24 25.52 28.11 9.21
Feb 29.47 27.38 31.01 11.69
Mar 30.48 28.77 31.30 8.08
Apr 32.00 30.69 32.70 6.16
May 34.82 33.04 36.56 9.62
Jun 37.60 35.12 39.52 11.13
Jul 35.01 33.29 37.21 10.54
Aug 34.80 32.78 37.37 12.29
Sep 32.71 30.55 34.84 12.30
Oct 31.30 30.68 32.43 5.41
Nov 31.62 29.18 33.01 11.59
Dec 31.11 29.21 31.92 8.48

Newmont information and performance

Newmont Address

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

Market Capitalization: 39 194 862 000 $

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: 3 061 000 000 $

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: 1.45

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: 0.0295

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

EPS: -3.01

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: 0.237
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: 13.62

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

EV To Revenue: 3.853

Enterprise Value (EV) /Revenue

EV To EBITDA: 142.23

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

Shares Outstanding: 1152790000

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 03/04/2024. The next scheduled payment will be on 03/28/2024. The amount of dividends is $1.45 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.