Should I buy Newmont (NEM) stock or is it too late?

Newmont · Materials · price $132

⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: Jefferies — 67% of its targets hit on this sector (155 calls tested). It aims for $146 (+10 %), call made on July 7, 2026, maturing on July 7, 2027 (52 d ago).

The 4 reliable analysts $130-2.1 %

The 7 other firms $149+13 %

How to read it: the 4 reliable firms are not filtered by optimism — 2 aim above the price, 2 below, hence their $130 median. “The 7 others” are the firms that don't pass our reliability filter on this sector.

Firm-by-firm track record on Newmont

Here the hit rate is measured <b>on this stock specifically</b> (matured targets replayed against real prices, minimum 5 calls tested) — the green block above measures reliability <b>across the whole sector</b>, which is the criterion behind JPI selections. “Aims for” = the firm's most recent target on this stock; “—” means it hasn't published one recently.

Firm	% right	Gain vs sector	Calls	Aims for
Raymond James	100 %	+69.7 %	6	$84 -37%
Jefferies	100 %	+45.1 %	5	$146 +10%
UBS	71 %	+43.7 %	7	$120 -9%
BMO Capital	80 %	+40.0 %	10	$145 +10%
Citigroup	58 %	+26.9 %	12	$150 +13%
B. Riley Securities	100 %	+26.8 %	7	$97 -27%
B of A Securities	80 %	+23.6 %	5	$132 +0%
Barclays	67 %	-1.4 %	6	$124 -6%

In short — Should you invest in Newmont? Is it too late, still worth it? Analysts are overwhelmingly positive (100% buy, median target $140, i.e. +6%), and the most reliable on NEM targets even higher. We give you both sides, with the numbers — not advice.

✅ Reasons to believe

100% of analysts rate it a buy (Buy consensus, 10 ratings) — a sign of market conviction.
The most reliable firm on NEM, Scotiabank (100% hit rate, 2 scored calls), targets $149 (call made on August 12, 2026, maturing on August 12, 2027) (+13%) in its most recent call, and $114 (call made on October 23, 2025, maturing on October 23, 2026) (-14%) in the one coming due soonest.
Reasonable valuation (P/E ~17) relative to its sector.

⚠️ Reasons to hesitate

Limited upside: the median target is only +6% from the current price.
A 12-month target is not a guaranteed path: the price can fall in the meantime.
A near-unanimous consensus leaves little room for positive surprise — a lot of optimism is already baked in.

The analyst consensus on NEM

Median target $140 (+6%) · 10 ratings · Buy consensus

Strong Buy00%

Buy10100%

Hold00%

Sell00%

Strong Sell00%

⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.

Frequently asked questions

Should you invest in Newmont now?

We won't decide for you. The facts: 100% of analysts rate it a buy, median target $140 (+6%), and Scotiabank (most reliable on NEM, 100%) targets $149. Weigh that against valuation (P/E ~17). This is not personalized advice.

Is it too late to invest in Newmont?

Not according to analysts: the median target ($140) is still +6% above the current price ($132) (most reliable on NEM: Scotiabank, 100%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.

Is Newmont still worth investing in?

It depends on the gap between the price ($132) and its estimated value: analysts target $140 on median (+6%), with 100% buys (most reliable on NEM: Scotiabank, 100%). Cross-check with their real reliability on NEM and the cautions above. Information, not advice.

What's the main risk in buying NEM?

Limited upside: the median target is only +6% from the current price.

→ Go deeper: the full Newmont profile (consensus, analyst reliability, price target, performance).