RBC sets USD 155 target for Newmont stock: shares gain 1.07 percent

Published on 10/16/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmont reports third-quarter results on October 22, 2026. Newmont stock costs EUR 103.35, 1.07 percent above the Xetra close.

Targets and reporting dates

RBC set a USD 155.00 target for Newmont on October 13, 2026.
Second-quarter revenue reached USD 6.12 billion against USD 6.35 billion expected.
Newmont stock trades at EUR 103.35 at 10:32 a.m. CEST at Lang & Schwarz on October 16, 2026, 1.07 percent above the Xetra close of October 15, 2026.
Third-quarter results are scheduled for October 22, 2026, followed by the earnings call on October 23, 2026.

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Newmont stock (ISIN US6516391066) trades 1.07 percent above the Xetra close at EUR 103.35 at Lang & Schwarz on October 16, 2026, after RBC set a USD 155.00 target on October 13. According to Business Insider, the bank maintained its Buy rating.

RBC sees further valuation room

The USD 155.00 target compares with Newmont's USD 115.79 closing price on the New York Stock Exchange on October 15, 2026. The same market snapshot put the 52-week range at USD 76.05 to USD 135.29, leaving the target above the recent high as the company approaches its next report.

Newmont's second-quarter revenue was USD 6.12 billion, below the USD 6.35 billion consensus cited by MarketBeat. Adjusted earnings per share reached USD 2.10 against USD 2.05 expected, while the company kept its quarterly dividend at USD 0.26.

Three dated Newmont events

On July 23, 2026, Newmont reported second-quarter adjusted earnings per share of USD 2.10, according to MarketBeat. On September 24, 2026, Newmont announced that its third-quarter results would arrive on October 22, 2026. On October 13, 2026, RBC set its USD 155.00 target and kept its Buy rating.

What does October 22 mean?

The October 22 report will test whether Newmont can convert elevated gold prices into earnings while keeping costs under control. MarketBeat lists consensus estimates of USD 2.06 for earnings per share and USD 6.24 billion for revenue, providing two concrete benchmarks for the release.

Dates for the next report

Newmont's next results are scheduled for October 22, 2026, after North American markets close, followed by a conference call at 5:30 p.m. ET. The company disclosed both dates in its release dated September 24, 2026, published on its investor site.

Stock price and market value

Newmont had a market capitalization of USD 122.0 billion as of October 15, 2026. Its gold-focused mining portfolio also includes copper, silver, zinc and lead, giving the quarterly report several operating metrics beyond gold production.

Newmont was trading at EUR 103.35 at Lang & Schwarz on October 16, 2026 at 10:32 a.m. CEST, 1.07 percent above the Xetra close of October 15, 2026 at EUR 102.26. The further course of trading is shown by the continuously updated real-time quote of Newmont stock.