Newmont stock falls 1.82 percent to USD 121.30 on the NYSE

Published on 09/25/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmont stock saw National Bank Financial raise its target to USD 140.00 from USD 120.00 on September 21, 2026. Q2 EPS beat consensus.

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Newmont stock (ISIN US6516391066) stood at USD 121.30 on the NYSE on September 24, 2026, down 1.82 percent from the prior close of USD 123.55. The immediate investor reference is a fresh analyst revision, while the latest quarterly figures show earnings strength alongside a revenue shortfall.

Analyst target moves higher

According to MarketBeat, National Bank Financial raised its Newmont price target from USD 120.00 to USD 140.00 on September 21, 2026, while assigning a Sector Perform rating. That change places the new target USD 18.70 above the September 24 price, a 15.4 percent difference.

The broader analyst picture is also quantified. MarketBeat lists 24 Wall Street analysts with an average twelve-month target of USD 133.78, a high target of USD 175.00 and a low target of USD 102.00.

Quarterly earnings split the picture

Newmont's Q2 2026 results delivered diluted EPS of USD 2.10 against a USD 2.05 consensus estimate, a USD 0.05 beat, according to MarketBeat. Revenue was USD 6.12 billion versus USD 6.35 billion expected, so the quarter combined a 2.4 percent earnings beat against a USD 0.23 billion revenue miss.

The operating profile was profitable on the reported measures, with a 33.36 percent net margin and 29.10 percent return on equity in the latest quarterly report. Newmont is primarily a gold producer and also produces copper, silver, zinc and lead, giving the company multiple metal exposures while keeping gold at the center of its business.

Stock remains below yearly high

Newmont's September 24 market capitalization was USD 127,812,872,472, with 5,103,941 shares traded. The 52-week range of USD 76.05 to USD 135.29 places the stock 10.34 percent below its yearly high, a useful measure of how far the current price sits from its recent peak.

For investors, the key tension is clear in the numbers: the latest EPS beat and higher analyst targets contrast with revenue below consensus and a daily decline of 1.82 percent. The next price reaction will be measured against both the USD 140.00 National Bank Financial target and the USD 135.29 52-week high.