Barclays cuts target for Newmont stock from USD 124 to USD 123

Published on 10/20/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are due October 22, 2026 after the US close. Newmont stock costs EUR 103.97 on October 20, 2026 and Q2 revenue was USD 6.12 billion.

Analyst targets and earnings date

Barclays cut its Newmont target from USD 124 to USD 123 on October 19, 2026.
Newmont reported USD 6.12 billion in revenue for the second quarter of 2026.
Newmont stock traded at EUR 103.97 at 11:49 a.m. CEST on October 20, 2026, at Lang & Schwarz.

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Newmont Corp stock (ISIN US6516391066) was in the analyst spotlight after Barclays cut its Newmont target from USD 124 to USD 123 on October 19, 2026, according to Markets Insider. Newmont will publish third-quarter results after the North American market close on October 22, 2026.

Three dates shape the setup

On July 23, 2026, Newmont reported second-quarter revenue of USD 6.12 billion and quarterly earnings per share of USD 2.10, according to MarketBeat. On October 16, 2026, Bernstein raised its target from USD 144 to USD 150, as reported by MarketScreener. On October 19, 2026, Barclays then lowered its target from USD 124 to USD 123.

What will October 22 test?

The upcoming report will show whether the strong second-quarter earnings profile carried into the third quarter. MarketBeat lists a consensus estimate of USD 1.95 in earnings per share and USD 6.30 billion in revenue for the third quarter, against USD 1.71 and USD 5.52 billion in the year-earlier quarter.

Results date and conference call

Newmont scheduled the third-quarter results for October 22, 2026 after the North American close. The conference call is set for 5:30 p.m. EDT on October 22, 2026, with the Australian equivalent on October 23, 2026.

Stock price and valuation context

Newmont was trading at EUR 103.97 at Lang & Schwarz on October 20, 2026 at 11:49 a.m. CEST. The US-listed company had a market capitalization of USD 124.3 billion as of October 19, 2026, while its 52-week range was USD 76.05 to USD 135.29.

The further course of trading is shown by the continuously updated real-time quote of Newmont Corp stock.