Newmont Stock - BNP Paribas Exane trims price target as gold rally cools

Newmont stock faces a cautious tone from Wall Street after BNP Paribas Exane cut its price target, while Thursday’s technicals show the shares hovering not far from recent highs in a softer gold-price environment.

Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 20:12 UTC. Details in the imprint.

Newmont (US6516391066) saw a fresh analyst adjustment this week as sentiment around gold producers turns more cautious. Shares have eased back from recent highs after BNP Paribas Exane cut its price target while keeping a neutral stance, according to a recent analyst roundup.

What the analyst move says

According to a recent analyst summary, BNP Paribas Exane reduced its price target on Newmont shares to $111 from $128 while reiterating a neutral rating, pointing to a more measured outlook after the stock's strong rebound.

The move comes against a backdrop of softer gold prices after a robust early-year rally, which has moderated sentiment toward large North American gold producers.

Thursday’s chart and technical picture

Newmont shares most recently changed hands around $103.94 on the New York Stock Exchange, down around 1.6% on the day in that snapshot as the stock digested the latest analyst commentary and modest pressure from the gold price.

At that level the stock remains not far below recent 52-week highs, leaving the medium-term uptrend intact even as near-term volatility increases with each shift in interest-rate expectations and bullion quotes.

How the company makes money

Newmont generates the bulk of its revenue from producing and selling gold, complemented by exposure to copper, silver, zinc and lead, with major mining operations across North and South America, Australia and Africa.

Where the stock trades today

Newmont shares (US6516391066) most recently traded on the New York Stock Exchange at approximately $103.94 as of 06/18/2026, 20:00 UTC, based on the latest available market data.

Key facts on Newmont stock

• Company: Newmont Corporation
• ISIN: US6516391066
• WKN: 853823
• Ticker: NEM
• Venue: NYSE
• Price (as of 06/18/2026, 20:00 UTC): 103.94 USD
• Market cap: 82,000,000,000 USD (as of 06/18/2026)
• Sector / Industry: Materials / Gold Mining
• Index membership: Standard & Poor's 500 index
• Next earnings date: not officially scheduled

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.