Equities Analysts Offer Predictions for Newmont Q3 Earnings

Newmont Co. (TSE:NGT) – Equities researchers at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for shares of Newmont in a research note issued to investors on Wednesday, May 6th. Zacks Research analyst Team now anticipates that the company will earn $2.98 per share for the quarter, up from their prior forecast of $2.37. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q4 2026 earnings at $2.97 EPS, FY2026 earnings at $12.85 EPS, Q3 2027 earnings at $3.41 EPS, Q4 2027 earnings at $3.52 EPS, FY2027 earnings at $13.04 EPS, Q1 2028 earnings at $3.54 EPS and FY2028 earnings at $14.45 EPS.

A number of other equities analysts have also recently issued reports on NGT. Citigroup upgraded Newmont to a “strong-buy” rating in a report on Monday, January 12th. National Bank Financial downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. DZ Bank upgraded shares of Newmont to a “strong-buy” rating in a report on Monday, January 19th. Finally, Sanford C. Bernstein upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Friday, February 27th. Eight analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Strong Buy” and an average target price of C$125.00.

Newmont Stock Down 1.1%

Shares of Newmont stock opened at C$116.00 on Friday. The business has a fifty day simple moving average of C$116.00 and a 200 day simple moving average of C$116.00. The stock has a market cap of C$127.42 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90. The company has a quick ratio of 1.77, a current ratio of 2.23 and a debt-to-equity ratio of 23.69. Newmont has a 12 month low of C$53.03 and a 12 month high of C$119.73.

Newmont Company Profile

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company’s operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.