Newmont Stock - BNP Paribas Exane trims price target as gold rally cools
Published on 06/18/2026 at 22:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 20:12 UTC. Details in the imprint.
Newmont (US6516391066) saw a fresh analyst adjustment this week as sentiment around gold producers turns more cautious. Shares have eased back from recent highs after BNP Paribas Exane cut its price target while keeping a neutral stance, according to a recent analyst roundup.
All news and analysis on Newmont stock
Follow Newmont's latest analyst moves, operational updates and price data in our dedicated topic stream for the gold producer.
What the analyst move says
According to a recent analyst summary, BNP Paribas Exane reduced its price target on Newmont shares to $111 from $128 while reiterating a neutral rating, pointing to a more measured outlook after the stock's strong rebound.
The move comes against a backdrop of softer gold prices after a robust early-year rally, which has moderated sentiment toward large North American gold producers.
Thursday’s chart and technical picture
Newmont shares most recently changed hands around $103.94 on the New York Stock Exchange, down around 1.6% on the day in that snapshot as the stock digested the latest analyst commentary and modest pressure from the gold price.
At that level the stock remains not far below recent 52-week highs, leaving the medium-term uptrend intact even as near-term volatility increases with each shift in interest-rate expectations and bullion quotes.
How the company makes money
Newmont generates the bulk of its revenue from producing and selling gold, complemented by exposure to copper, silver, zinc and lead, with major mining operations across North and South America, Australia and Africa.
Where the stock trades today
Newmont shares (US6516391066) most recently traded on the New York Stock Exchange at approximately $103.94 as of 06/18/2026, 20:00 UTC, based on the latest available market data.
Key facts on Newmont stock
- Company: Newmont Corporation
- ISIN: US6516391066
- WKN: 853823
- Ticker: NEM
- Venue: NYSE
- Price (as of 06/18/2026, 20:00 UTC): 103.94 USD
- Market cap: 82,000,000,000 USD (as of 06/18/2026)
- Sector / Industry: Materials / Gold Mining
- Index membership: Standard & Poor's 500 index
- Next earnings date: not officially scheduled
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