NEM Stock Analysis: Buy, Sell, or Hold?
NEM - Newmont Corporation
$93.71
-2.05 (-2.14%)
▼
5d:
+0.56%
30d:
+0.44%
90d:
-15.64%
BUY
MODERATE Confidence
Analysis Updated: Jul 31, 2026 12:00 AM ET
Earnings: Oct 22, 2026
Smart Money Distribution
None View Scanner →
Strength: 8.8/10
Get Alerted When NEM Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
💡 BUY OPPORTUNITY: NEM shows positive signals but monitor for confirmation. Market pricing in 5.6% decline. Moderate conviction.
💡 BUY OPPORTUNITY: NEM shows positive signals but monitor for confirmation. Market pricing in 5.6% decline. Moderate conviction.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$160.21
Based on 7.5% avg growth
INTRINSIC VALUE TODAY
$99.48
5.8% Margin of Safety
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 11.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NEM is currently trading at $93.71, which is considered fair relative to its 30-day fair value range of $91.75 to $96.85. From a valuation perspective, the stock is trading at a discount (Forward PE: 9.2) compared to its historical average (11.0). Remarkably, the market is currently pricing in an annual earnings decline of 5.6% over the next few years. This pessimistic expectation contrasts with the company's recent 11.4% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, NEM is in a strong uptrend. Immediate support is located at $88.98, while resistance sits at $96.94.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $129.27 (+37.9%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, NEM is in a strong uptrend. Immediate support is located at $88.98, while resistance sits at $96.94.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $129.27 (+37.9%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$91.75 -
$96.85
Company Quality Score
59/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
72.4%
All Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (45/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 37.9% below Wall St target ($129.27)
Trading Range Analysis
30-Day Trading Range
$91.75 -
$96.85
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$88.98
Resistance Level
$96.94
Current Trend
Strong Uptrend
Technical data as of
Jul 31, 2026
Fundamental Context
Forward P/E (Next Year Est.)
9.22
Wall Street Target
$129.27
(+37.9%)
Revenue Growth (YoY)
15.1%
Earnings Growth (YoY)
11.4%
Profit Margin
33.4%
Valuation Discount vs History
-5.6% cheaper
PE vs Historical
9.2 vs 11.0
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-5.6%
(market-implied from PE analysis)
1-Year Target
$88.46
(-6%)
2-Year Target
$83.51
(-11%)
3-Year Target
$78.83
(-16%)
3-Yr Target (if PE normalizes)
(PE: 9→11)
$94.00
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.7, Growth: 11.0%)
$288.04
(+207%)
Base:
(SPY PE: 9.2, Growth: 11.0%)
$128.18
(+37%)
Bear:
(PE: 7.8, Growth: 11.0%)
$108.95
(+16%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (12x PE), but valuation improves significantly next year (9x PE) as earnings recover.
Trailing PE: 12.08 | Current EPS (TTM): $7.93
Bull Case
$134.94
(+44%)
Analyst growth 28.1%, PE expands to 13.3
Base Case
$122.67
(+31%)
Market implied 28.1%, PE stable at 12.1
Bear Case
$65.12
(-31%)
Severe decline -20.0%, PE contracts to 10.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 9.2 to 11.0
Stabilization Target:
$111.74
(+19.2%)
PE Expansion Potential:
+19.2%
Share & Embed Analysis
Last updated: August 02, 2026 7:42 AM ET
Data refreshes hourly during market hours. Next update: 8:42 AM
Data refreshes hourly during market hours. Next update: 8:42 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
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
Top Rated Gold Stocks
Top-rated stocks in Gold by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
AEM
Agnico Eagle Mines Limit… |
STRONG BUY
20 analysts |
$220 | 66 BUY |
|
B
Barrick Mining Corporati… |
BUY
22 analysts |
$53 | 63 BUY |
|
KGC
Kinross Gold Corporation |
STRONG BUY
18 analysts |
$36 | 56 HOLD |
|
WPM
Wheaton Precious Metals … |
STRONG BUY
15 analysts |
$171 | 62 BUY |
|
AGI
Alamos Gold Inc |
STRONG BUY
11 analysts |
$48 | 50 HOLD |
Advanced NEM Option Strategies
Professional options setups generated by AI based on today's NEM price and gamma walls.
