Newmont stock gains as analysts lift targets
Published on 09/23/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Newmont Corp (US6516391066) closed at USD 127.26 on the NYSE on September 22, 2026, up 3.42 percent from the prior close. The move leaves the gold producer below its 52-week high of USD 135.29, while the latest analyst revisions and second-quarter figures give the stock a more measurable earnings backdrop.
RBC raises target to USD 155
According to Yahoo Finance on September 16, 2026, RBC Capital maintained an Outperform rating and raised its price target from USD 135 to USD 155. The USD 20 increase represents a 14.8 percent revision, while the target stands above the stock's September 22 closing price.
A separate September 22, 2026 report from The Globe and Mail said Bernstein maintained a Buy rating and set a USD 144 target. The report also placed the average consensus target at USD 139.88 and described consensus as Strong Buy.
Quarterly earnings beat estimates
Newmont reported second-quarter fiscal 2026 earnings of USD 2.10 per share, exceeding the USD 2.05 consensus estimate by USD 0.05, according to MarketBeat on September 22, 2026. Revenue reached USD 6.12 billion in the quarter, below the USD 6.35 billion consensus estimate by USD 230 million.
The same second-quarter report recorded a 33.36 percent net margin, while earnings per share increased from USD 1.43 in the comparable quarter of fiscal 2025 to USD 2.10 in fiscal 2026. That USD 0.67 year-over-year increase is the clearest quantified improvement in the latest reported results, although the revenue shortfall remains a counter-factor for the valuation case.
Stock remains below yearly high
Newmont's September 22 closing price of USD 127.26 was USD 8.03 below the 52-week high of USD 135.29 and USD 51.21 above the 52-week low of USD 76.05. Market capitalization stood at USD 134.093 billion, with volume of 5,375,378 shares, both reported for the September 22 market snapshot.
The next scheduled earnings date shown by Yahoo Finance is October 22, 2026. The stock's forward dividend is USD 1.04, equal to a 0.85 percent indicated yield in the September 22, 2026 market data.
Newmont stock closes at USD 127.26
Newmont stock closed at USD 127.26 on the NYSE on September 22, 2026, after gaining 3.42 percent. The reference range was USD 76.05 to USD 135.29, and the market capitalization was USD 134.093 billion as of September 22, 2026.
Newmont Corp stock data
- Company: Newmont Corp
- ISIN: US6516391066
- Ticker: NEM
- Trading venue: NYSE
- Price as of September 22, 2026: USD 127.26
- Market capitalization: USD 134.093 billion as of September 22, 2026
- Sector / Industry: Basic Materials / Gold
- Index membership: S&P 500
- Next earnings date: October 22, 2026
