Newmont (NEM) Stock: Buy, Sell, or Hold?
NEM - Newmont Corporation
$118.60
2.81 (2.43%)
▲
5d:
+0.64%
30d:
-4.65%
90d:
+32.96%
BUY
MODERATE Confidence
Analysis Updated: Oct 16, 2026 12:00 AM ET
Earnings: Oct 22, 2026
3d
Smart Money Accumulation
Options open interest is building while the stock consolidates - a pattern consistent with institutional accumulation. View Scanner →
Signal fired Oct 15, 2026 at $115.79 · last confirmed Oct 16, 2026
Strength: 8.0/10
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Interactive Price Chart (1 Month)
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Bottom Line:
💡 BUY OPPORTUNITY: NEM shows positive signals but monitor for confirmation. Market pricing in 2.1% annual growth which appears achievable. Moderate conviction.
💡 BUY OPPORTUNITY: NEM shows positive signals but monitor for confirmation. Market pricing in 2.1% annual growth which appears achievable. Moderate conviction.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$153.76
Based on 6.8% avg growth
INTRINSIC VALUE TODAY
$95.47
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 11.1x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NEM is currently trading at $118.60, which is considered fair relative to its 30-day fair value range of $115.19 to $124.72. The stock's valuation (Forward PE: 11.9) is in line with its historical norms (11.1). At these levels, the market is pricing in 2.1% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, NEM is in a strong uptrend. The price is approaching resistance at $120.05. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: NEM scores 64/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $137.48 (+15.9%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, NEM is in a strong uptrend. The price is approaching resistance at $120.05. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: NEM scores 64/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $137.48 (+15.9%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$115.19 -
$124.72
Company Quality Score
63/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
81.9%
All Signals
- NEUTRAL: Price in fair range
- BULLISH: Strong technical setup (64/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($137.48)
- NEUTRAL: Market pricing in 2.1% annual earnings growth - fairly valued
- BULLISH: Bottoming setup score 64/100 — corrected, stabilizing, and turning up
Trading Range Analysis
30-Day Trading Range
$115.19 -
$124.72
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$109.84
Resistance Level
$120.05
Current Trend
Strong Uptrend
Technical data as of
Oct 16, 2026
Fundamental Context
Forward P/E (Next Year Est.)
11.86
Wall Street Target
$137.48
(+15.9%)
Revenue Growth (YoY)
15.1%
Earnings Growth (YoY)
11.4%
Profit Margin
33.4%
Valuation Premium vs History
+2.1% premium
PE vs Historical
11.9 vs 11.1
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+2.1%
(market-implied from PE analysis)
1-Year Target
$121.09
(+2%)
2-Year Target
$123.63
(+4%)
3-Year Target
$126.23
(+6%)
3-Yr Target (if PE normalizes)
(PE: 12→11)
PE COMPRESSION
$118.15
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: 9.5%)
$260.69
(+120%)
Base:
(SPY PE: 11.9, Growth: 9.5%)
$155.67
(+31%)
Bear:
(PE: 10.1, Growth: 9.5%)
$132.32
(+12%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (15x PE), but valuation improves significantly next year (12x PE) as earnings recover.
Trailing PE: 15.14 | Current EPS (TTM): $7.65
Bull Case
$166.51
(+40%)
Analyst growth 30.7%, PE expands to 16.7
Base Case
$151.37
(+28%)
Market implied 30.7%, PE stable at 15.1
Bear Case
$78.74
(-34%)
Severe decline -20.0%, PE contracts to 12.9
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: October 18, 2026 3:00 AM ET
Data refreshes hourly during market hours. Next update: 4:00 AM
Data refreshes hourly during market hours. Next update: 4:00 AM
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Technical Signals Check
Is NEM showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Advanced NEM Option Strategies
Professional options setups generated by AI based on today's NEM price and gamma walls.
