Newmont (NEM) Stock: Buy, Sell, or Hold?
NEM - Newmont Corporation
$115.17
-0.17 (-0.15%)
▼
5d:
-5.06%
30d:
-6.09%
90d:
+18.68%
WAIT
LOW Confidence
Analysis Updated: Oct 1, 2026 12:00 AM ET
Earnings: Oct 22, 2026
20d
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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
$164.32
Based on 7.7% avg growth
INTRINSIC VALUE TODAY
$102.03
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 $115.17, which is considered oversold relative to its 30-day fair value range of $119.83 to $129.94. The stock's valuation (Forward PE: 11.3) is in line with its historical norms (11.1). At these levels, the market is pricing in 0.4% 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 currently testing key support at $114.63. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: NEM scores 27/100 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 $137.07 (+18.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, NEM is in a strong uptrend. The price is currently testing key support at $114.63. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: NEM scores 27/100 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 $137.07 (+18.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$119.83 -
$129.94
Company Quality Score
53/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
55.7%
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
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (27/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($137.07)
- NEUTRAL: Market pricing in 0.4% annual earnings growth - fairly valued
- WARNING: Composite score 53/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$119.83 -
$129.94
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$114.63
Resistance Level
$128.09
Current Trend
Strong Uptrend
Technical data as of
Sep 30, 2026
Fundamental Context
Forward P/E (Next Year Est.)
11.27
Wall Street Target
$137.07
(+18.8%)
Revenue Growth (YoY)
15.1%
Earnings Growth (YoY)
11.4%
Profit Margin
33.4%
Valuation Premium vs History
+0.4% premium
PE vs Historical
11.3 vs 11.1
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.4%
(market-implied from PE analysis)
1-Year Target
$115.80
(+0%)
2-Year Target
$116.26
(+1%)
3-Year Target
$116.73
(+1%)
3-Yr Target (if PE normalizes)
(PE: 11→11)
PE COMPRESSION
$114.94
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.4, Growth: 11.4%)
$288.58
(+150%)
Base:
(SPY PE: 11.3, Growth: 11.4%)
$159.47
(+38%)
Bear:
(PE: 9.6, Growth: 11.4%)
$135.55
(+18%)
📈
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: 14.77 | Current EPS (TTM): $7.93
Bull Case
$166.18
(+44%)
Analyst growth 29.0%, PE expands to 16.2
Base Case
$151.07
(+31%)
Market implied 29.0%, PE stable at 14.8
Bear Case
$79.62
(-31%)
Severe decline -20.0%, PE contracts to 12.6
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: October 01, 2026 12:36 PM ET
Data refreshes hourly during market hours. Next update: 1:36 PM
Data refreshes hourly during market hours. Next update: 1:36 PM
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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.
