Newmont Corporation consensus stays cautious, shares under S&P 500 pressure

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-30, 13:21.

Newmont Corporation (US6516391066) sits in a cautious analyst spotlight as the S&P 500 gold miner trades below prior consensus highs on the NYSE. The latest broker data show price targets clustered only modestly above the current share level according to MarketScreener.

What analysts are signaling

Newmont Corporation is covered by a broad analyst base, with MarketScreener data showing a mix of Buy, Hold and Sell ratings and an average target price around 95 USD, close to the last NYSE close at 94.51 USD. The stock is a constituent of the S&P 500, giving the miner high visibility with global institutional investors.

The distribution of ratings remains muted compared with past cycles when gold prices were higher, reflecting the drag from weaker bullion and recent operational challenges. A recent commentary on Newmont’s stock performance highlights declines amid falling gold prices, underscoring the sensitivity of the shares to commodity moves. Intellectia analysis on Newmont’s stock and gold prices

The consensus picture this Tuesday

On consensus metrics, Newmont’s average target on MarketScreener sits only slightly above the current price, implying limited upside from analyst models at present. That contrasts with the 12-month high of 188.47 AUD-equivalent per share seen on the Australian Securities Exchange listing, where Newmont is also traded under the ticker NEM, according to Intelligent Investor.

Intelligent Investor data show the ASX-listed Newmont shares at about 134.72 AUD, roughly 28.5 percent below that 12-month high, illustrating the derating in global Newmont exposures over the past year. The same source highlights a roughly 6.9 percent gain over the past seven days on the ASX line, signaling short-term volatility even as the broader consensus remains cautious.

How Newmont makes its money

Newmont Corporation is one of the world’s largest gold producers, with a portfolio that also generates copper, silver, zinc and lead from operations across North America, South America, Australia, Africa and Papua New Guinea. Its revenue base is driven mainly by gold sales, where realized prices and production volumes determine cash flow.

Where the shares trade today

The Newmont Corporation shares (US6516391066) last traded on the NYSE at 94.51 USD, with European investors seeing an indicative price of about 81.99 EUR on platforms such as Onvista as of 2026-06-30, 13:05.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, a recommendation or an offer to buy or sell any securities. All data are based on sources cited in the text and may change over time.