Should I buy Newmont (NEM) stock or is it too late?
⭐ The most reliable of them, either direction: Bernstein — 67% of its targets hit on this sector (9 calls tested). It aims for $144 (+25 %), call made on September 10, 2026, maturing on September 10, 2027 (34 d ago).
Firm-by-firm track record on Newmont
| Firm | % right | Gain vs sector | Calls | Aims for |
|---|---|---|---|---|
| Raymond James | 100 % | +66.2 % | 7 | $84 -27% |
| Jefferies | 100 % | +45.1 % | 5 | $146 +26% |
| UBS | 75 % | +44.1 % | 8 | $120 +4% |
| CIBC | 100 % | +41.6 % | 5 | $176 +52% |
| BMO Capital | 80 % | +40.0 % | 10 | $145 +25% |
| Citigroup | 58 % | +26.9 % | 12 | $150 +30% |
| B. Riley Securities | 100 % | +26.8 % | 7 | $97 -16% |
| B of A Securities | 80 % | +23.6 % | 5 | $132 +14% |
✅ Reasons to believe
- 100% of analysts rate it a buy (Buy consensus, 10 ratings) — a sign of market conviction.
- Median price target $145, i.e. +25% from the current price ($116).
- 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) (+29%) in its most recent call, and $114 (call made on October 23, 2025, maturing on October 23, 2026) (-1%) in the one coming due soonest.
- Reasonable valuation (P/E ~15) relative to its sector.
⚠️ Reasons to hesitate
- 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 $145 (+25%) · 10 ratings · Buy consensus
⚠️ 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 $145 (+25%), and Scotiabank (most reliable on NEM, 100%) targets $149. Weigh that against valuation (P/E ~15). This is not personalized advice.
Is it too late to invest in Newmont?
Not according to analysts: the median target ($145) is still +25% above the current price ($116) (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 ($116) and its estimated value: analysts target $145 on median (+25%), 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?
A 12-month target is not a guaranteed path: the price can fall in the meantime.
→ Go deeper: the full Newmont profile (consensus, analyst reliability, price target, performance).