NEM

Newmont Goldcorp Corp

NYSE: NEM · BASIC MATERIALS · GOLD

$100.23

+2.71% today

Updated 2026-06-12

Market cap

$116.90B

P/E ratio

14.20

P/S ratio

4.68x

EPS (TTM)

$7.71

Dividend yield

0.94%

52W range

$52 – $134

Volume

7.7M

Market cap

$116.90B

P/E ratio

14.20

P/S ratio

4.68x

EPS (TTM)

$7.71

Dividend yield

0.94%

52W range

$52 – $134

Volume

7.7M

Newmont Goldcorp Corp (NEM) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

NEM · Newmont Goldcorp Corp · Price target summary

Current

$100.23

Consensus

$114.18

+13.92%

2030 Target

$410.58

+309.64%

DCF

$60.39

-63.17% MoS

Current price

$100.23

Analyst consensus

$114.18

+13.92%

2030 Target

$410.58

+309.64%

Intrinsic (DCF)

$60.39

-63.17% MoS

11 analysts:

5 Buy1 Hold1 Sell

Management guidance

No specific CEO revenue guidance found in provided materials. Most recent analyst consensus projects FY2026 revenue of $28.22B (+24.49% YoY) and FY2027 revenue of $29.95B (+6.12% YoY). Management has not publicly committed to specific revenue targets beyond consensus estimates.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

NEM · Newmont Goldcorp Corp · Revenue & price projection · 2023–2030E

Actual revenue Projected revenue Base case Bull to bear range

Bear case (2030)

$273.72

$36.8B Rev × 8x P/S

Base case (2030)

$410.58

$36.8B Rev × 12x P/S

Bull case (2030)

$672.90

$36.8B Rev × 20x P/S

WallStSmart.com

Financial forecast — research-backed

Metric	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$22.1B	$28.2B	$29.9B	$31.9B	$34.1B	$36.8B
Revenue growth	19.1%	24.5%	6.1%	6.3%	7.2%	7.6%
EPS	$6.91	$9.27	$10.15	$10.95	$11.85	$12.75
P/S ratio	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	$307.94	$330.75	$353.56	$376.36	$410.58

NEM · Newmont Goldcorp Corp · Catalysts & risks

Growth catalysts

+ Gold price recovery (currently pressured by strong USD and geopolitical shifts)

+ Production growth from expanded operations through 2029

+ Energy cost management and operational efficiency improvements

+ Potential M&A activity as sector consolidates

Key risks

- Gold price volatility and USD strength reducing realized prices

- Geopolitical instability (Iran conflict) impacting energy costs and supply chains

- Rising diesel and energy costs eroding mining margins despite record gold prices

- Rising interest rates reducing Fed rate-cut expectations and gold demand

- Regulatory and permitting delays for expansion projects

Methodology

Newmont Goldcorp Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.