How Recent Developments Are Shaping the Newmont Investment Story
October 10, 2025
The consensus analyst price target for Newmont has recently increased from $79.64 to $88.91, reflecting heightened expectations for the company’s prospects. This upward revision is largely attributed to improved revenue forecasts and positive developments in market sentiment, even as some risks remain. Read on to find out how you can stay informed as the narrative around Newmont continues to evolve.
Recent analyst commentary on Newmont reflects an environment of cautious optimism, with a significant spread in sentiment across firms. While the prevailing view points to further potential upside in the stock, downside risks and execution challenges are noted in several research updates. The following summarizes the key points raised by bullish and bearish analysts regarding Newmont’s valuation, execution quality, and growth trajectory.
đ Bullish Takeaways
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Bullish analysts continue to upgrade Newmont, citing stronger revenue growth and profit margins. Evercore ISI and BMO Capital Markets have both initiated Outperform ratings and raised their price targets substantially in recent weeks. For example, Evercore increased its target from $82 to $98, reflecting renewed confidence in execution.
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Growth momentum is being rewarded, particularly as forecasts for higher gold and metals prices persist. This trend has provided further tailwinds to Newmont’s top-line and supported elevated multiples.
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Analysts positively highlight Newmont’s track record on cost control and operational transparency, with multiple reports referencing improved project pipeline visibility and disciplined capital allocation.
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While most outlooks remain constructive, several bullish research firms caution that valuation and expectations now fully reflect near-term upside. They note that future gains may depend on continued strong execution.
đ» Bearish Takeaways
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Some firms, including RBC Capital Markets, have downgraded Newmont to Sector Perform from Outperform, noting concerns over recent share price performance and increased execution risks. RBC’s price target increase was modest, moving only from $78 to $82 despite sector momentum.
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Bearish and neutral analysts point to ongoing challenges in delivering major development projects and stabilizing key mining assets. These issues may constrain Newmont’s growth and returns in the near future.
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There is broad recognition that valuation is now less attractive after the recent rally, with upside perceived as largely priced in for the short term.
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Some research, such as Goldman Sachs’ recent commentary, expresses reservations about Newmont’s ability to consistently outperform industry benchmarks, given competitive and macroeconomic uncertainties.
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Newmont is reportedly considering significant job cuts as part of a broad cost reduction effort following its $15 billion acquisition of Newcrest Mining in 2023. The move aims to streamline operations and achieve synergy targets across its global portfolio.
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Barron’s highlights that Newmont appears undervalued relative to other major mining firms. The company has posted strong earnings and robust cash flow, benefiting from a favorable environment of rising gold and silver prices. This has increased its appeal for investors seeking exposure to the precious metals sector.
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The White House is expected to clarify its policy regarding tariffs on gold bars, assuring that these will not be subject to new trade penalties. This development has helped remove market uncertainty and is seen as directly relevant to Newmont’s trade outlook.
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Consensus analyst price target has increased from $79.64 to $88.91, reflecting greater expected upside.
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The discount rate has risen slightly from 7.54% to 7.68%, indicating a marginally higher perceived risk or cost of capital.
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Revenue growth projections have nearly doubled, moving from 2.36% to 4.39%.
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Net profit margin estimates have improved, up from 30.13% to 31.93%.
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The future P/E ratio has declined modestly from 14.68x to 14.64x, suggesting a slightly more attractive valuation based on projected earnings.
Narratives are a smarter, story-driven way to invest that go beyond just numbers. They let anyone connect the real-world story behind a company to future forecasts and a fair value estimate, making it easy to see when the price makes sense. Narratives on Simply Wall St are simple to follow, update automatically as news breaks, and are used by millions of investors to decide when to buy or sell.
Read the original Narrative on Newmont to stay on top of:
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How surging global gold demand and recent asset integrations could drive Newmontâs long-term growth and resilience
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Why operational efficiency and ESG efforts are boosting Newmontâs margins and supporting its valuation
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The key risks, from mining asset quality to leadership transitions, that could shape Newmontâs earnings potential
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NEM.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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