NEM Stock Analysis: Buy, Sell, or Hold?
NEM - Newmont Corporation
$97.04
3.74 (4.01%)
▲
5d:
+1.77%
30d:
-11.38%
90d:
-14.72%
BUY
MODERATE Confidence
Analysis Updated: Jul 2, 2026 12:00 AM ET
Earnings: Jul 23, 2026
19d
Smart Money Accumulation
None View Scanner →
Strength: 9.0/10
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Interactive Price Chart (1 Month)
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Bottom Line:
💡 BUY OPPORTUNITY: NEM shows positive signals but monitor for confirmation. Market pricing in 8.6% decline. Moderate conviction.
💡 BUY OPPORTUNITY: NEM shows positive signals but monitor for confirmation. Market pricing in 8.6% decline. Moderate conviction.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$182.69
Based on 7.6% avg growth
INTRINSIC VALUE TODAY
$113.44
14.5% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 11.2x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NEM is currently trading at $97.04, which is considered slightly low relative to its 30-day fair value range of $95.66 to $107.70. From a valuation perspective, the stock is trading at a discount (Forward PE: 8.6) compared to its historical average (11.2). Remarkably, the market is currently pricing in an annual earnings decline of 8.6% over the next few years. This pessimistic expectation contrasts with the company's recent 78.6% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, NEM is in a strong uptrend. The price is currently testing key support at $94.95. A bounce from this level would confirm strength, while a break below could signal further downside. The stock is showing strong short-term momentum, up 4.0% recently.
Market Sentiment: NEM has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $140.17 (+44.4%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, NEM is in a strong uptrend. The price is currently testing key support at $94.95. A bounce from this level would confirm strength, while a break below could signal further downside. The stock is showing strong short-term momentum, up 4.0% recently.
Market Sentiment: NEM has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $140.17 (+44.4%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$95.66 -
$107.70
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
61.9%
All Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+4.0%)
- BULLISH: Trading 44.4% below Wall St target ($140.17)
Trading Range Analysis
30-Day Trading Range
$95.66 -
$107.70
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$94.95
Resistance Level
$111.93
Current Trend
Strong Uptrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
8.55
Wall Street Target
$140.17
(+44.4%)
Revenue Growth (YoY)
45.8%
Earnings Growth (YoY)
78.6%
Profit Margin
33.9%
Valuation Discount vs History
-8.6% cheaper
PE vs Historical
8.6 vs 11.2
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-8.6%
(market-implied from PE analysis)
1-Year Target
$88.69
(-9%)
2-Year Target
$81.07
(-17%)
3-Year Target
$74.10
(-24%)
3-Yr Target (if PE normalizes)
(PE: 9→11)
$97.07
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: 11.1%)
$338.74
(+249%)
Base:
(SPY PE: 8.5, Growth: 11.1%)
$132.96
(+37%)
Bear:
(PE: 7.3, Growth: 11.1%)
$113.01
(+17%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (12x PE), but valuation improves significantly next year (9x PE) as earnings recover.
Trailing PE: 12.10 | Current EPS (TTM): $7.71
Bull Case
$151.10
(+56%)
Analyst growth 47.2%, PE expands to 13.3
Base Case
$137.36
(+42%)
Market implied 47.2%, PE stable at 12.1
Bear Case
$63.44
(-35%)
Severe decline -20.0%, PE contracts to 10.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 8.5 to 11.2
Stabilization Target:
$127.13
(+31.0%)
PE Expansion Potential:
+31.0%
Share & Embed Analysis
Last updated: July 03, 2026 6:33 PM ET
Data refreshes hourly during market hours. Next update: 7:33 PM
Data refreshes hourly during market hours. Next update: 7:33 PM
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Technical Signals Check
Is NEM showing a specific setup today?
Insider Activity (6 Months)
0
Buys
4
Sells
Net
INSIDERS SELLING
Recent Transactions
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SELL
3000 shares
2026-04-01
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2026-03-23
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