$37.00
2.22% today
NYSE, Dec 30, 10:12 pm CET
ISIN
US6516391066
Symbol
NEM

Newmont Mining Target price 2024 - Analyst rating & recommendation

Newmont Mining Classifications & Recommendation:

Buy
56%
Hold
36%
Sell
8%

Newmont Mining Price Target

Target Price $53.43
Price $37.84
Potential
Number of Estimates 20
20 Analysts have issued a price target Newmont Mining 2025 . The average Newmont Mining target price is $53.43. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 25 analysts: 14 Analysts recommend Newmont Mining to buy, 9 to hold and 2 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Newmont Mining stock has an average upside potential 2025 of . Most analysts recommend the Newmont Mining stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 11.78 18.26
1.46% 55.11%
EBITDA Margin 36.44% 44.71%
7.88% 22.69%
Net Margin -29.32% 17.57%
424.88% 159.92%

19 Analysts have issued a sales forecast Newmont Mining 2024 . The average Newmont Mining sales estimate is

$18.3b
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. This is
8.48% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$19.8b 17.53%
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, the lowest is
$17.8b 5.70%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $11.8b 1.46%
2024
$18.3b 55.11%
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2025
$18.6b 2.07%
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2026
$18.6b 0.13%
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2027
$19.4b 4.38%
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2028
$20.1b 3.43%
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19 Analysts have issued an Newmont Mining EBITDA forecast 2024. The average Newmont Mining EBITDA estimate is

$8.2b
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. This is
15.76% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$9.3b 31.46%
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, the lowest is
$7.1b 0.28%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $4.3b 9.22%
2024
$8.2b 90.29%
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2025
$9.2b 12.32%
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2026
$9.4b 2.76%
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2027
$10.1b 7.64%
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2028
$10.6b 4.23%
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EBITDA Margin

2023 36.44% 7.88%
2024
44.71% 22.69%
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2025
49.20% 10.04%
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2026
50.62% 2.89%
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2027
52.20% 3.12%
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2028
52.61% 0.79%
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11 Newmont Mining Analysts have issued a net profit forecast 2024. The average Newmont Mining net profit estimate is

$3.2b
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. This is
281.02% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$3.5b 299.35%
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, the lowest is
$2.8b 258.94%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-3.5b 417.24%
2024
$3.2b 192.92%
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2025
$4.2b 30.30%
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2026
$4.2b 1.12%
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2027
$4.6b 7.88%
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2028
$4.9b 6.75%
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Net Margin

2023 -29.32% 424.88%
2024
17.57% 159.92%
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2025
22.43% 27.66%
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2026
22.71% 1.25%
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2027
23.47% 3.35%
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2028
24.22% 3.20%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -3.00 2.79
417.24% 193.00%
P/E 13.57
EV/Sales 2.70

11 Analysts have issued a Newmont Mining forecast for earnings per share. The average Newmont Mining <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$2.79
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. This is
281.17% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.07 299.35%
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, the lowest is
$2.45 259.09%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-3.00 417.24%
2024
$2.79 193.00%
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2025
$3.63 30.11%
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2026
$3.67 1.10%
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2027
$3.96 7.90%
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2028
$4.23 6.82%
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P/E ratio

Current -24.64 39.95%
2024
13.57 155.07%
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2025
10.42 23.21%
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2026
10.30 1.15%
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2027
9.55 7.28%
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2028
8.95 6.28%
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Based on analysts' sales estimates for 2024, the Newmont Mining stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.93 37.39%
2024
2.70 7.87%
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2025
2.64 2.03%
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2026
2.65 0.13%
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2027
2.54 4.20%
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2028
2.45 3.31%
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P/S ratio

Current 2.56 41.92%
2024
2.36 7.81%
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2025
2.31 2.03%
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2026
2.31 0.13%
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2027
2.22 4.19%
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2028
2.14 3.32%
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