$53.22
0.92% today
NYSE, Sep 16, 08:15 pm CET
ISIN
US6516391066
Symbol
NEM

Newmont Mining Target price 2024 - Analyst rating & recommendation

Newmont Mining Classifications & Recommendation:

Buy
63%
Hold
33%
Sell
4%

Newmont Mining Price Target

Target Price $54.51
Price $53.71
Potential
Number of Estimates 19
19 Analysts have issued a price target Newmont Mining 2025 . The average Newmont Mining target price is $54.51. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 24 analysts: 15 Analysts recommend Newmont Mining to buy, 8 to hold and 1 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 17.94
1.46% 52.34%
EBITDA Margin 36.44% 45.69%
7.88% 25.38%
Net Margin -29.32% 16.96%
424.88% 157.83%

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

$17.9b
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. This is
21.82% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$18.7b 27.33%
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, the lowest is
$17.2b 16.87%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $11.8b 1.46%
2024
$17.9b 52.34%
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2025
$19.4b 8.21%
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2026
$19.4b 0.02%
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2027
$20.0b 2.83%
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2028
$21.0b 5.01%
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18 Analysts have issued an Newmont Mining EBITDA forecast 2024. The average Newmont Mining EBITDA estimate is

$8.2b
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. This is
38.63% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$9.4b 58.20%
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, the lowest is
$6.5b 9.54%
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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 91.00%
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2025
$9.7b 18.03%
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2026
$9.7b 0.70%
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2027
$10.5b 7.39%
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2028
$11.3b 8.21%
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EBITDA Margin

2023 36.44% 7.88%
2024
45.69% 25.38%
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2025
49.84% 9.08%
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2026
50.18% 0.68%
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2027
52.40% 4.42%
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2028
53.99% 3.03%
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10 Newmont Mining Analysts have issued a net profit forecast 2024. The average Newmont Mining net profit estimate is

$3.0b
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. This is
223.52% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$3.5b 240.19%
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, the lowest is
$2.5b 200.47%
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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
$3.0b 188.11%
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2025
$4.2b 38.77%
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2026
$4.0b 5.16%
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2027
$4.5b 13.15%
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2028
$5.2b 15.08%
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Net Margin

2023 -29.32% 424.88%
2024
16.96% 157.83%
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2025
21.75% 28.24%
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2026
20.63% 5.15%
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2027
22.69% 9.99%
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2028
24.87% 9.61%
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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 2.64
417.24% 188.00%
P/E 20.32
EV/Sales 3.81

10 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

$2.64
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. This is
223.36% 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
$3.00 240.19%
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, the lowest is
$2.15 200.47%
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.

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

Earnings Per Share

2023 $-3.00 417.24%
2024
$2.64 188.00%
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2025
$3.67 39.02%
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2026
$3.48 5.18%
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2027
$3.94 13.22%
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2028
$4.53 14.97%
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P/E ratio

Current -25.10 35.08%
2024
20.32 180.96%
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2025
14.64 27.95%
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2026
15.44 5.46%
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2027
13.64 11.66%
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2028
11.86 13.05%
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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 4.64 53.14%
2024
3.81 17.84%
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2025
3.52 7.58%
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2026
3.52 0.02%
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2027
3.43 2.76%
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2028
3.26 4.77%
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P/S ratio

Current 4.19 52.06%
2024
3.44 17.91%
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2025
3.18 7.59%
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2026
3.17 0.02%
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2027
3.09 2.76%
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2028
2.94 4.77%
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