Newmont stock heads toward October 22 results after record cash flow

Published on 10/05/2026 at 20:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmont stock posted USD 6.12 billion in Q2 revenue and EPS of USD 2.10, while 24 analysts set a Moderate Buy consensus. Q3 results are due October 22.

Makroaufnahme von rohem Golderz mit sichtbaren Goldflecken und Quarzadern — Newmont Corporation (US6516391066): extreme Makroaufnahme von rohem Golderz mit glitzernden Goldadern und Quarzstruktur, Illustration mit AI erstellt.

Newmont stock (ISIN US6516391066) was trading at USD 116.59 on the NYSE on October 5, 2026, up 0.89 percent, as the gold producer moved toward its next quarterly report. The company is scheduled to release third-quarter 2026 results after North American markets close on October 22, 2026, according to Business Wire.

Cash flow sets the tone

Newmont said first-half 2026 free cash flow reached USD 5.3 billion, while shareholder returns through dividends and repurchases totaled USD 4.6 billion. Investing.com reported those figures on September 29, 2026, while also describing 2026 as a production trough year before projects begin lifting output.

The second-quarter transcript cited USD 2.9 billion in operating cash flow and USD 2.2 billion in free cash flow for the quarter. Newmont also produced 1.3 million ounces of gold, 17,000 tonnes of copper and 7 million ounces of silver in Q2 2026, according to Benzinga.

Revenue missed the estimate

Newmont reported Q2 revenue of USD 6.12 billion, below the USD 6.35 billion consensus, while EPS of USD 2.10 exceeded the USD 2.05 estimate by USD 0.05. MarketBeat also cited prior-year EPS of USD 1.43 for the comparable quarter.

That split matters for the October report: cash generation remains the central operating measure, while revenue must show that high metal prices and production volumes are translating into broader sales growth. Newmont's second-quarter operating margin was 51 percent, with quarterly net income of USD 2.047 billion for the period ended June 30, 2026.

Analysts see upside

MarketBeat's consensus was Moderate Buy from 24 analysts on October 5, 2026, with 19 Buy ratings, two Strong Buy ratings and three Holds. The average 12-month target was USD 134.26, with a high of USD 175.00 and a low of USD 102.00, putting the average target 15.2 percent above the USD 116.59 intraday price.

The same analyst table showed BMO Capital Markets raising its target from USD 135.00 to USD 145.00 on September 29, 2026, while maintaining an Outperform rating. For investors, the October 22 report is the next concrete test of whether Newmont can sustain its cash-flow performance through the production trough.

Newmont stock stays near its yearly high

Newmont stock was trading at USD 116.59 on the NYSE at 2:53 p.m. ET on October 5, 2026. Its 52-week range was USD 76.05 to USD 135.29, and market capitalization was USD 122.8 billion.