Newmont (NYSE:NEM – Get Free Report) is expected to be posting its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to announce earnings of $1.99 per share and revenue of $6.3580 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:30 PM ET.
Newmont (NYSE:NEM – Get Free Report) last posted its earnings results on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, topping the consensus estimate of $2.07 by $0.83. The firm had revenue of $7.31 billion during the quarter, compared to analysts’ expectations of $6.83 billion. Newmont had a net margin of 33.87% and a return on equity of 27.84%. Newmont’s quarterly revenue was up 45.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.25 EPS. On average, analysts expect Newmont to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Newmont Stock Performance
NEM opened at $92.45 on Wednesday. The business’s 50 day moving average is $101.15 and its 200-day moving average is $110.14. The stock has a market cap of $98.70 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 1.04 and a beta of 0.46. The company has a current ratio of 2.44, a quick ratio of 2.17 and a debt-to-equity ratio of 0.15. Newmont has a twelve month low of $59.96 and a twelve month high of $134.88.
Newmont Dividend Announcement
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. Jefferies Financial Group cut their target price on Newmont from $158.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, July 6th. Barclays decreased their price target on Newmont from $133.00 to $125.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. National Bank Financial lowered their price target on Newmont from $140.00 to $125.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 14th. TD Cowen restated a “buy” rating on shares of Newmont in a research note on Monday, April 27th. Finally, The Goldman Sachs Group reduced their price objective on shares of Newmont from $122.50 to $111.40 and set a “buy” rating for the company in a report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Newmont presently has an average rating of “Moderate Buy” and a consensus target price of $136.26.
View Our Latest Stock Report on Newmont
Key Stories Impacting Newmont
Here are the key news stories impacting Newmont this week:
- Positive Sentiment: Wall Street brokerage sentiment remains upbeat on Newmont, which can support the stock as investors look for analyst confidence ahead of earnings. Wall Street Bulls Look Optimistic About Newmont (NEM): Should You Buy?
- Positive Sentiment: Strong gold prices remain a key tailwind for Newmont, helping offset some operational pressure and reinforcing the investment case for the gold producer. Here’s How to Play Newmont Stock Before Q2 Earnings Release
- Neutral Sentiment: Several recent articles focus on how to trade or value Newmont ahead of earnings, reflecting heightened attention but not a clear new fundamental catalyst. Here’s How to Play Newmont Stock Before Q2 Earnings Release
- Neutral Sentiment: Some market commentary says Newmont could be volatile around earnings due to U.S.-Iran tensions and the upcoming report, which may increase trading activity without clearly favoring direction. Newmont Stock Suddenly Offers a Double-Sided Debit Trade on U.S.-Iran Tensions and Upcoming Earnings
- Negative Sentiment: Expectations for lower production, rising costs, and weaker margins in Q2 could pressure shares if Newmont’s earnings or guidance come in below hopes. Here’s How to Play Newmont Stock Before Q2 Earnings Release
- Negative Sentiment: Scotiabank’s negative outlook for FY2027 earnings adds another cautionary note for investors focused on longer-term profitability. Scotiabank Has Negative Outlook for Newmont FY2027 Earnings
Insider Transactions at Newmont
In other Newmont news, insider David John Thornton sold 2,296 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $252,812.56. Following the completion of the transaction, the insider directly owned 23,163 shares of the company’s stock, valued at approximately $2,550,477.93. This trade represents a 9.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Natascha Viljoen sold 3,882 shares of Newmont stock in a transaction on Monday, June 1st. The shares were sold at an average price of $105.32, for a total value of $408,852.24. Following the transaction, the chief executive officer owned 142,999 shares in the company, valued at approximately $15,060,654.68. This trade represents a 2.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 28,556 shares of company stock valued at $3,058,146. 0.06% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Parkside Financial Bank & Trust raised its stake in shares of Newmont by 1.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company’s stock worth $714,000 after purchasing an additional 96 shares in the last quarter. Townsquare Capital LLC grew its stake in shares of Newmont by 4.2% in the fourth quarter. Townsquare Capital LLC now owns 2,523 shares of the basic materials company’s stock valued at $252,000 after buying an additional 102 shares in the last quarter. BOKF NA grew its stake in shares of Newmont by 0.3% in the third quarter. BOKF NA now owns 45,897 shares of the basic materials company’s stock valued at $3,870,000 after buying an additional 148 shares in the last quarter. UMB Bank n.a. increased its holdings in Newmont by 2.1% during the fourth quarter. UMB Bank n.a. now owns 8,019 shares of the basic materials company’s stock worth $801,000 after buying an additional 165 shares during the last quarter. Finally, L2 Asset Management LLC increased its holdings in Newmont by 3.4% during the third quarter. L2 Asset Management LLC now owns 5,156 shares of the basic materials company’s stock worth $435,000 after buying an additional 169 shares during the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.
About Newmont
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
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