Newmont Corporation (NEM) fair value analysis
S&P 500 · Updated 2026-10-19
NEM price how computed
Forward Fair Value verdict
UndervaluedNEM is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $117.84
- Sector
- Basic Materials
- 12-month range
- $78.63–$135.14
- Market cap
- $124B
- From 52-week high
- -12.8%
- Shares outstanding
- 1.05B
- Rank in Basic Materials by discount to fair value
- #5 of 26
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Newmont Corporation is a precious metals mining company that primarily extracts and processes gold, copper, and silver from mining operations worldwide. The company operates mines and exploration projects across multiple continents including North America, South America, Australia, and Africa.
NEM currently ranks #5 of 26 Basic Materials stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $124B
- P/E (trailing)
- 13x
- Revenue (TTM)
- $22.6B
- Net margin
- 38.1%
- EPS (TTM)
- $9.23
- Gross margin
- 39.7%
- Debt / equity
- 0.15
- Revenue growth (3-yr avg)
- 12.8%
- Shares outstanding
- 1.05B
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 46 · neutral
- 50-day average
- $121.76
- 200-day average
- $112.19
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $1.03 per share (4 payments)
- Yield on last price
- 0.87%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Last ex-dividend date
- 2026-09-03
- Last payment date
- 2026-09-28
Earnings how computed
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+2.4%)
2026-03 ▲ beat (+33.6%)
2025-12 ▲ beat (+27.9%)
2025-09 ▲ beat (+18.8%)
2025-06 ▲ beat (+23.3%)
2025-03 ▲ beat (+37.4%)
2024-12 ▲ beat (+35.8%)
2024-09 ▼ miss (-5.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 20 buy · 2 hold · 1 sell (23 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $137
- Target vs last price
- +16.3%
What our data shows for NEM
- Our model validated 17 trailing price-to-earnings windows for NEM, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $78.63–$135.14.
- The 14-day relative strength index sits at a neutral 46.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for NEM
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent NEM news
TickrTrends' derived news-sentiment signal for NEM is currently mixed, computed from recent coverage.
- Newmont Corporation 2026 Q3 - Results - Earnings Call Presentation (NYSE:NEM) 2026-10-23 (seekingalpha.com, 2026-10-23)
TickrTrends take: I cannot write the requested analysis because the headline references future earnings results from 2026 Q3, which has not yet occurred as of my knowledge cutoff. To provide factual prose based only on given information, I would need actual historical or current data about Newmont Corporation's financial results and operational metrics. A valuation-focused reader should await the actual earnings release and presentation materials to assess whether TickrTrends' undervalued assessment remains supported by concrete financial performance in the Basic Materials sector. - Newmont targets Red Chris commercial production in 2033 while lifting full-year 2026 gold AISC outlook to about $1,520/oz (NYSE:NEM) (seekingalpha.com, 2026-10-23)
TickrTrends take: Newmont's guidance for Red Chris production in 2033 represents a significant long-term capital commitment that could drive future cash flow generation, which becomes relevant given TickrTrends' current undervalued assessment of the stock. The company's lowered all-in sustaining cost outlook to approximately $1,520 per ounce for 2026 suggests improving operational efficiency that could enhance profitability margins if gold prices remain supportive. Valuation-focused investors should monitor whether the market properly values these efficiency gains and the production ramp-up timeline when assessing whether the current undervalued rating reflects genuine upside potential. - Newmont Corporation (NEM) Reports Next Week: Wall Street Expects Earnings Growth (zacks.com, 2026-10-15)
TickrTrends take: Newmont Corporation operates in the Basic Materials sector, where commodity price exposure can significantly influence earnings outcomes and valuation multiples. Given that Wall Street anticipates earnings growth in the upcoming report, TickrTrends' current undervalued assessment suggests the market may not have fully priced in the company's earnings potential. Valuation-focused readers should monitor whether reported earnings align with consensus expectations, as this will help clarify whether the current undervalued designation reflects a genuine opportunity or requires reassessment based on actual results.
More NEM news
- Newmont Corporation (NEM) Sees a More Significant Dip Than Broader Market: Some Facts to Know (zacks.com, 2026-10-13)
- Newmont Corporation (NEM) is a Top-Ranked Growth Stock: Should You Buy? (zacks.com, 2026-10-12)
- Newmont Corporation (NEM) Suffers a Larger Drop Than the General Market: Key Insights (zacks.com, 2026-10-07)
What people are saying
Follow the NEM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — # NEM - TickrTrends Indicator Summary TickrTrends' momentum indicator for NEM has shifted from a rating of A to no rating this week. The stock remains classified as undervalued according to the platform's current valuation assessment.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is NEM stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), NEM is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is NEM's TickrTrends verdict?
NEM's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does NEM compare to other Basic Materials stocks?
NEM ranks #5 of 26 Basic Materials stocks in TickrTrends' coverage by discount to fair value.
Is NEM overbought or oversold?
NEM's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does NEM pay a dividend?
Yes. NEM paid $1.03 per share over the last twelve months (4 payments), a 0.87% yield on TickrTrends' last price. The last ex-dividend date was 2026-09-03.
Does NEM usually beat earnings estimates?
Over its last 8 reported quarters NEM beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about NEM?
Of 23 analysts covering NEM, 20 rate it a buy, 2 a hold and 1 a sell - buy-leaning, with a consensus price target of $137 (+16.3% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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