Fintel reports that on February 27, 2026, Bernstein upgraded their outlook for Newmont (NYSE:NEM) from Market Perform to Market Outperform.
Analyst Price Forecast Suggests 4.45% Upside
As of February 24, 2026, the average one-year price target for Newmont is $133.14/share. The forecasts range from a low of $64.96 to a high of $185.85. The average price target represents an increase of 4.45% from its latest reported closing price of $127.47 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Newmont is 12,631MM, a decrease of 44.28%. The projected annual non-GAAP EPS is 2.52.
What is the Fund Sentiment?
There are 2,257 funds or institutions reporting positions in Newmont. This is an decrease of 151 owner(s) or 6.27% in the last quarter. Average portfolio weight of all funds dedicated to NEM is 0.41%, an increase of 9.67%. Total shares owned by institutions decreased in the last three months by 3.73% to 927,260K shares. 
The put/call ratio of NEM is 0.71, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 35,810K shares representing 3.29% ownership of the company. In its prior filing, the firm reported owning 35,571K shares , representing an increase of 0.67%. The firm increased its portfolio allocation in NEM by 8.39% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 31,591K shares representing 2.90% ownership of the company. In its prior filing, the firm reported owning 31,633K shares , representing a decrease of 0.13%. The firm increased its portfolio allocation in NEM by 7.07% over the last quarter.
Van Eck Associates holds 29,780K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 24,137K shares , representing an increase of 18.95%. The firm increased its portfolio allocation in NEM by 29.99% over the last quarter.
Geode Capital Management holds 27,011K shares representing 2.48% ownership of the company. In its prior filing, the firm reported owning 26,064K shares , representing an increase of 3.51%. The firm decreased its portfolio allocation in NEM by 36.16% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 24,565K shares representing 2.26% ownership of the company. In its prior filing, the firm reported owning 24,268K shares , representing an increase of 1.21%. The firm increased its portfolio allocation in NEM by 11.47% over the last quarter.
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