RBC sets USD 155 target for Buy-rated Newmont stock

Published on 10/14/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC kept its Buy rating and set a USD 155.00 target on October 13, 2026. Newmont stock was at EUR 103.10 on October 14, 2026 before October 22 results.

Analyst target and reporting date

RBC analyst Josh Wolfson set a USD 155.00 target on October 13, 2026.
Newmont reported USD 6.12 billion of revenue and USD 2.20 billion of net income for the second quarter of 2026.
Newmont stock was trading at EUR 103.10 at 12:21 p.m. CEST on October 14, 2026.

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RBC Capital analyst Josh Wolfson maintained a Buy rating and set a USD 155.00 price target for Newmont stock on October 13, 2026, according to Markets Insider. The call puts the precious-metals producer ahead of its next scheduled results, while the latest reported quarter offers the operating benchmark for the target.

Quarterly earnings set the benchmark

For the second quarter of 2026, Newmont generated USD 6.12 billion in revenue and USD 2.20 billion in net income attributable to common shareholders, according to Markets Insider. Revenue was higher than the USD 5.28 billion reported for the comparable period a year earlier, while net income rose from USD 2.06 billion.

The standardized financial statements show USD 2.92 billion of operating cash flow for the second quarter of 2026. That cash generation matters because Newmont's valuation is tied not only to gold prices, but also to the company's ability to convert production into cash while funding mine development.

What does USD 155 mean for valuation?

The analyst target is stated in US dollars, while the reference quotation for German investors is in euros, so the two figures are not combined into an upside calculation. The useful comparison is operational: Newmont's second-quarter revenue increased by USD 0.84 billion from the prior-year period, while net income increased by USD 0.14 billion.

Newmont's own release dated September 24, 2026 said the company would publish third-quarter results after North American markets close on October 22, 2026. The release also scheduled the conference call for 5:30 p.m. Eastern Daylight Time on October 22, according to Newmont. That date gives investors a defined checkpoint for testing whether the earnings momentum from the second quarter continued.

Three dated milestones

On June 30, 2026, Newmont reported second-quarter revenue of USD 6.12 billion and net income of USD 2.20 billion, with the figures published by Markets Insider. On September 24, 2026, Newmont announced the October 22 results date in its investor release. On October 13, 2026, RBC Capital analyst Josh Wolfson maintained a Buy rating and set the USD 155.00 target reported by Markets Insider.

Results dates are next

Newmont is scheduled to release third-quarter 2026 results after North American markets close on October 22, 2026, followed by the conference call at 5:30 p.m. Eastern Daylight Time, according to Newmont. The call is expected to provide the next detailed update on production, costs, cash flow and project execution.

Stock price and company profile

Newmont stock was trading at EUR 103.10 at Lang & Schwarz on October 14, 2026 at 12:21 p.m. CEST. On its NYSE listing, the stock was last quoted at USD 115.59 on October 13, 2026 at 4:00 p.m. EDT, with a 52-week range of USD 76.05 to USD 135.29 and market capitalization of USD 121.8 billion as of that quote. The company is classified in the Materials sector and is a member of the S&P 500.

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