$42.23
0.54% today
NYSE, Nov 26, 05:15 pm CET
ISIN
US6516391066
Symbol
NEM

Newmont Mining Target price 2024 - Analyst rating & recommendation

Newmont Mining Classifications & Recommendation:

Buy
54%
Hold
46%

Newmont Mining Price Target

Target Price $56.43
Price $42.46
Potential
Number of Estimates 19
19 Analysts have issued a price target Newmont Mining 2025 . The average Newmont Mining target price is $56.43. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 24 analysts: 13 Analysts recommend Newmont Mining to buy, 11 to hold and 0 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 18.28
1.46% 55.21%
EBITDA Margin 36.44% 45.00%
7.88% 23.49%
Net Margin -29.32% 17.79%
424.88% 160.67%

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

$18.3b
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. This is
8.54% 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
$17.7b 5.36%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $11.8b 1.46%
2024
$18.3b 55.21%
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2025
$19.1b 4.39%
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2026
$19.3b 1.41%
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2027
$19.7b 1.84%
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2028
$20.1b 2.01%
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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
16.59% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$8.9b 26.00%
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, the lowest is
$7.5b 6.11%
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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 91.67%
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2025
$9.5b 15.65%
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2026
$9.9b 4.39%
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2027
$10.1b 1.81%
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2028
$10.6b 4.60%
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EBITDA Margin

2023 36.44% 7.88%
2024
45.00% 23.49%
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2025
49.86% 10.80%
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2026
51.32% 2.93%
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2027
51.31% 0.02%
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2028
52.61% 2.53%
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10 Newmont Mining Analysts have issued a net profit forecast 2024. The average Newmont Mining net profit estimate is

$3.3b
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. This is
283.41% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$3.5b 294.81%
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, the lowest is
$2.9b 266.23%
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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
$3.3b 194.15%
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2025
$4.3b 31.89%
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2026
$4.3b 0.11%
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2027
$4.7b 8.89%
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2028
$4.9b 4.39%
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Net Margin

2023 -29.32% 424.88%
2024
17.79% 160.67%
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2025
22.48% 26.36%
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2026
22.14% 1.51%
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2027
23.67% 6.91%
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2028
24.22% 2.32%
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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 2.82
417.24% 194.00%
P/E 15.03
EV/Sales 2.99

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

$2.82
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. This is
283.12% 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
$3.00 294.81%
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, the lowest is
$2.56 266.23%
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.

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

Earnings Per Share

2023 $-3.00 417.24%
2024
$2.82 194.00%
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2025
$3.73 32.27%
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2026
$3.72 0.27%
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2027
$4.05 8.87%
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2028
$4.23 4.44%
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P/E ratio

Current -27.65 24.60%
2024
15.03 154.36%
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2025
11.40 24.15%
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2026
11.41 0.09%
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2027
10.48 8.15%
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2028
10.04 4.20%
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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 3.24 23.22%
2024
2.99 7.86%
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2025
2.86 4.20%
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2026
2.82 1.39%
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2027
2.77 1.81%
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2028
2.71 1.97%
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P/S ratio

Current 2.87 27.08%
2024
2.65 7.87%
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2025
2.53 4.20%
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2026
2.50 1.39%
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2027
2.45 1.81%
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2028
2.41 1.97%
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