Newmont stock sets up for October 22 earnings
Published on 10/06/2026 at 18:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Newmont Corporation stock was trading at USD 116.28 on the NYSE on October 6, 2026, up 0.40 percent, as the gold producer approaches its next quarterly report. Newmont announced on September 24, 2026, that it will publish third-quarter results on October 22, 2026, after North American markets close.
October 22 sets the next checkpoint
The scheduled Q3 release follows a profitable second quarter. According to MarketBeat, Newmont reported USD 6.12 billion of revenue and EPS of USD 2.10 for the quarter reported on July 23, 2026, versus consensus EPS of USD 2.05. The earnings beat was paired with a revenue miss against the USD 6.35 billion consensus estimate.
The operating cash profile was stronger than the revenue comparison. In its Q2 2026 earnings call, Benzinga reported that Newmont generated USD 2.9 billion of operating cash flow and USD 2.2 billion of free cash flow in Q2 2026. Management also maintained full-year 2026 production guidance, with 51 percent of production planned for the second half.
Cash flow carries the investment case
Newmont's Q2 production totaled 1.3 million ounces of gold, 17,000 tonnes of copper and 7 million ounces of silver, according to Benzinga. The same call put adjusted EBITDA at USD 3.8 billion and gold all-in sustaining costs at USD 1,621 per ounce, below full-year guidance of USD 1,680 per ounce.
That mix gives the October report two clear reference points: whether production accelerates in the fourth quarter and whether cost discipline holds as capital spending rises in the second half. Newmont also said its Q2 average realized gold price was USD 4,414 per ounce, linking the cash-flow result to both operating execution and the commodity environment.
Analysts keep a Moderate Buy view
MarketBeat reported on October 6, 2026, that 24 analysts held a Moderate Buy consensus. The average 12-month price target was USD 134.26, with a high of USD 175.00 and a low of USD 102.00.
For investors, the next report will test whether the USD 2.10 Q2 EPS performance can be repeated while revenue catches up with earnings. The company also scheduled a results conference call for 5:30 p.m. ET on October 22, 2026, according to Newmont.
Newmont stock trades below its yearly high
Newmont stock was last at USD 116.28 on October 6, 2026, at 12:05 p.m. ET, with a session range of USD 114.44 to USD 116.60. Its 52-week range was USD 76.05 to USD 135.29, leaving the share price below the yearly high while the market capitalization stood at USD 122.5 billion.
Newmont stock key data
- Company: Newmont Corporation
- ISIN: US6516391066
- Ticker: NEM
- Trading venue: NYSE
- Price (as of October 6, 2026, 12:05 p.m. ET): USD 116.28
- Market capitalization: USD 122.5 billion (as of October 6, 2026)
- 52-week range: USD 76.05-135.29 (as of October 6, 2026)
- Sector / Industry: Basic Materials / Gold
