Newmont (NEM): The Best Precious Metal Stock to Buy According to Wall Street Analysts

On April 28, 2026, TD Securities expert Steven Green raised his terms people connected Newmont Corporation (NYSE:NEM) to $129 from $116 antecedently and maintained a Hold standing pursuing the company’s beardown Q1 report.

On April 24, 2026, BMO Capital expert Matthew Murphy raised his terms people connected Newmont Corporation (NYSE:NEM) to $145 from $140 and maintained an Outperform rating. The steadfast said Newmont is disconnected to a coagulated commencement comparative to its full-year guidance and is moving to negociate costs portion expanding accumulation successful the 2nd fractional of 2026 and beyond, adjacent arsenic Q2 accumulation whitethorn inclination somewhat little aboriginal successful the quarter.

Earlier successful the month, Newmont reported Q1 adjusted EPS of $2.90, good supra the $2.22 statement estimate, portion gross of $7.31B topped expectations of $6.44B. The institution produced 1.3 cardinal attributable golden ounces, on with 9 cardinal ounces of metallic and 30,000 tonnes of copper, chiefly from its managed operations.

CEO Natascha Viljoen said the 4th delivered beardown operational and fiscal results, highlighted by a grounds $3.1B successful quarterly escaped currency flow. She besides announced that Newmont had doubled its stock repurchase programme with an further $6B authorization aft completing its erstwhile buyback plan, which included $2.4B successful repurchases since the past net report.

Newmont Corporation (NYSE:NEM) produces golden and besides explores for copper, silver, lead, zinc, and different metals.

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