Newmont Corp stock trades at EUR 103.05 as 2026 production trough nears

Published on 09/30/2026 at 15:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmont Corp stock faces a 2026 production trough after management cited USD 5.3 billion in first-half free cash flow on September 29. Q3 results are due October 22.

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Newmont Corp (ISIN US6516391066) stock was trading at EUR 103.05 at Lang & Schwarz on September 30, 2026 at 3:37 p.m. CEST, down 0.22 percent versus the prior close of EUR 103.28. At Mining Forum Americas on September 29, management described 2026 as a production trough year while highlighting record cash generation and projects intended to lift output beyond this year.

Cash flow sets the tone

As Investing.com reported on September 29, 2026, Newmont said first-half 2026 free cash flow reached USD 5.3 billion. The company also said it returned USD 4.6 billion to shareholders through dividends and buybacks and reduced its share count by more than 100 million shares.

The capital-allocation figures give the production trough a different angle. Newmont is using current cash generation to support shareholder returns while funding projects that management says can strengthen the production profile after 2026.

Quarterly figures reveal the tradeoff

According to MarketBeat on September 29, 2026, Newmont reported quarterly revenue of USD 6.12 billion against a USD 6.35 billion consensus forecast. That USD 0.23 billion revenue shortfall contrasts with quarterly EPS of USD 2.10 versus the USD 2.05 estimate.

The same report put the average 12-month analyst target at USD 133.78 and described the consensus rating as Moderate Buy across 24 brokerages. The comparison matters because the operating outlook is constructive, while quarterly revenue still trails expectations.

Projects point beyond 2026

Newmont said its portfolio contains 12 assets and identified Boddington, the TE2 expansion, Cadia, Cerro Negro and Lihir as projects moving through development or commissioning. Management also outlined USD 240 million of exploration spending for 2026, with 80 percent directed toward brownfields opportunities near existing operations.

StockAnalysis lists Newmont Corporation under ticker NEM on the NYSE and gives October 22, 2026 as the next earnings date. The upcoming report will test whether the cash-flow strength can offset the production trough described by management.

Newmont Corp stock stays below its yearly high

Newmont Corp stock was trading at EUR 103.05 at Lang & Schwarz on September 30, 2026 at 3:37 p.m. CEST, down 0.22 percent versus the prior close of EUR 103.28. The company had a USD 123.0 billion market capitalization and a USD 76.05 to USD 135.29 52-week range as of September 30, 2026.