NEM Stock Analysis: Buy, Sell, or Hold?
NEM - Newmont Corporation
$115.98
-4.35 (-3.62%)
▼
5d:
-1.05%
30d:
+30.02%
90d:
+5.58%
WAIT
LOW Confidence
Analysis Updated: Aug 18, 2026 12:00 AM ET
Earnings: Oct 22, 2026
Smart Money Distribution
Options positioning is turning defensive after a sharp run-up - a pattern consistent with institutional profit-taking. View Scanner →
Signal fired Aug 7, 2026 at $112.98 · last confirmed Aug 17, 2026
Strength: 9.0/10
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: NEM shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: NEM shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$169.00
Based on 8.2% avg growth
INTRINSIC VALUE TODAY
$104.94
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 10.9x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NEM is currently trading at $115.98, which is considered extended relative to its 30-day fair value range of $90.36 to $111.53. The stock's valuation (Forward PE: 11.1) is in line with its historical norms (10.9). At these levels, the market is pricing in 0.3% 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. Immediate support is located at $102.76, while resistance sits at $121.40. Short-term momentum is weak, with the stock down 3.6% recently.
Market Sentiment: NEM scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $131.49 (+13.4%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, NEM is in a strong uptrend. Immediate support is located at $102.76, while resistance sits at $121.40. Short-term momentum is weak, with the stock down 3.6% recently.
Market Sentiment: NEM scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $131.49 (+13.4%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$90.36 -
$111.53
Company Quality Score
39/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
22.4%
Protect Your Profits
Holding NEM? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BEARISH: Price extended above range
- BEARISH: Weak technical setup (0/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-3.6%)
- BULLISH: Trading below Wall St target ($131.49)
- NEUTRAL: Market pricing in 0.3% annual earnings growth - fairly valued
- WARNING: Composite score 39/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$90.36 -
$111.53
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$102.76
Resistance Level
$121.40
Current Trend
Strong Uptrend
Technical data as of
Aug 18, 2026
Fundamental Context
Forward P/E (Next Year Est.)
11.05
Wall Street Target
$131.49
(+13.4%)
Revenue Growth (YoY)
15.1%
Earnings Growth (YoY)
11.4%
Profit Margin
33.4%
Valuation Premium vs History
+0.3% premium
PE vs Historical
11.1 vs 10.9
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.3%
(market-implied from PE analysis)
1-Year Target
$116.33
(+0%)
2-Year Target
$116.68
(+1%)
3-Year Target
$117.03
(+1%)
3-Yr Target (if PE normalizes)
(PE: 11→11)
PE COMPRESSION
$115.47
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.1, Growth: 12.3%)
$299.08
(+158%)
Base:
(SPY PE: 11.0, Growth: 12.3%)
$164.29
(+42%)
Bear:
(PE: 9.4, Growth: 12.3%)
$139.65
(+20%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (15x PE), but valuation improves significantly next year (11x PE) as earnings recover.
Trailing PE: 15.17 | Current EPS (TTM): $7.93
Bull Case
$175.24
(+51%)
Analyst growth 32.4%, PE expands to 16.7
Base Case
$159.31
(+37%)
Market implied 32.4%, PE stable at 15.2
Bear Case
$81.82
(-29%)
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: August 19, 2026 2:00 AM ET
Data refreshes hourly during market hours. Next update: 3:00 AM
Data refreshes hourly during market hours. Next update: 3:00 AM
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Technical Signals Check
Is NEM showing a specific setup today?
Insider Activity (6 Months)
0
Buys
4
Sells
Net
INSIDERS SELLING
Recent Transactions
Peter Toth
SELL
3000 shares
2026-04-01
Ro Khanna
SELL
2026-03-23
Peter Toth
SELL
3000 shares
2026-03-18
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Advanced NEM Option Strategies
Professional options setups generated by AI based on today's NEM price and gamma walls.
