Newmont Corp stock: RBC sets USD 155 target after analyst note
Published on 10/23/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRBC target set at USD 155.00
- RBC Dominion Securities assigned a USD 155.00 target to Newmont on October 22, 2026.
- Freedom Broker cut its target from USD 130.00 to USD 116.00 on October 22, 2026.
- Newmont Corp stock costs EUR 98.13 at Lang & Schwarz on October 23, 2026 at 4:43 p.m. CEST.
- Newmont had a USD 115.8 billion market capitalization and a 12.78 price-to-earnings ratio on October 23, 2026.
RBC Dominion Securities assigned Newmont a USD 155.00 target in a note issued on October 22, 2026, while keeping an outperform rating, according to MarketBeat. The same source reported that the target implied 36.41 percent upside against its contemporaneous US share price. Newmont was trading at EUR 98.13 at Lang & Schwarz on October 23, 2026 at 4:43 p.m. CEST.
Analyst views split sharply
Freedom Broker analyst Vitaly Kononov downgraded Newmont from Buy to Hold and cut the target from USD 130.00 to USD 116.00 on October 22, 2026, according to Markets Insider. The report attributed the change to concerns about earnings growth, execution risk and valuation upside.
How far is the stock from its range?
Newmont's US-listed shares stood at USD 109.89 on October 23, 2026 at 11:00 a.m. EDT. The 52-week range was USD 76.05 to USD 135.29, placing the share price 18.06 percent below the high and 44.50 percent above the low. Trading volume had reached 2,666,797 shares by that timestamp.
Valuation and market scale
The company had a market capitalization of USD 115.8 billion on October 23, 2026, with a price-to-earnings ratio of 12.78. MarketBeat identifies Newmont as a NYSE-listed basic-materials company, while its operating profile is centered on gold production and includes copper, silver, zinc and lead.
The contrasting targets frame the stock's immediate debate. RBC Dominion Securities sees a USD 155.00 valuation, while Freedom Broker's USD 116.00 target is below the US-listed price quoted earlier in the session.
What the target range means
The two October 22, 2026 analyst actions span USD 39.00, making the target spread material for investors assessing execution and earnings risk. The market capitalization and 52-week range provide a separate scale for that debate.
Newmont stock stays in a wide range
Newmont stock had a USD 109.89 US listing price on October 23, 2026 at 11:00 a.m. EDT, while the euro quotation stood at EUR 98.13 at Lang & Schwarz at 4:43 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Newmont Corp stock.
Newmont Corp market facts
- Company: Newmont Corporation
- ISIN: US6516391066
- Ticker: NEM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 4:43 p.m. CEST): EUR 98.13
- Market capitalization: USD 115.8 billion (as of October 23, 2026)
- 52-week range: USD 76.05-USD 135.29 (as of October 23, 2026)
- Sector / Industry: Basic materials / gold mining
Market context: Market report S&P 500.
