Newmont (NEM) stock forecast for 2023. Forecast tables and graphs.

Newmont (NEM) stock forecast for 2023

The forecast has been updated: October 27, 2021 8:39


Newmont stock price online today

Analyst Target Price

99.42

Dividend Date

23.09.2021

Ex Dividend Date

08.09.2021

Last Split Factor

5:4

Last Split Date

22.04.1994

Should you buy or sell Newmont stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Newmont stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $99.42 target price for Newmont stock stock.

Today 200 Day Moving Average is the resistance level (62.11 $).

50 Day Moving Average is the resistance level (55.69 $).




NEM Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 59.57 54.80 63.68 13.94 %
Feb 64.51 59.80 67.74 11.71 %
Mar 63.61 60.49 64.88 6.76 %
Apr 67.49 64.99 72.42 10.25 %
May 70.12 65.21 73.00 10.66 %
Jun 71.95 69.86 75.61 7.61 %
Jul 66.69 63.43 70.43 9.94 %
Aug 66.49 62.57 70.35 11.06 %
Sep 60.38 56.21 63.64 11.67 %
Oct 59.23 56.50 60.77 7.02 %
Nov 57.99 54.22 60.01 9.66 %
Dec 59.55 57.29 61.04 6.15 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Newmont stock.


Newmont overview

Newmont Address

6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE, CO, US

Market Capitalization

46 109 573 000 $

EBITDA

6 412 000 000

PE Ratio

16.14

PEG Ratio

0.787

Dividend Per Share

2.05

Dividend Yield

0.0354

EPS

3.575

Quarterly Earnings Growth YOY

0.907

Quarterly Revenue Growth YOY

0.296

Trailing PE

16.14

Forward PE

18.52

EV To Revenue

3.803

EV To EBITDA

7.77

52 Week High

74.04

52 Week Low

52.75

50 Day Moving Average

55.69

200 Day Moving Average

62.11

Shares Outstanding

799126000

Shares Float

796960000

Shares Short Prior Month

7210200

Short Ratio

1.33

Percent Insiders

0.109

Percent Institutions

82.04

Newmont stock forecast for this year


Newmont stock forecast for Jan 2023.
Estimated Average Forecasted Newmont Price: 59.57. Positive monthly dynamics of the instrument is expected with 13.938% volatility is expected.

Pessimistic forecast: 54.80

Optimistic: 63.68


Newmont stock forecast for Feb 2023.
Estimated Average Forecasted Newmont Price: 64.51. Positive monthly dynamics of the instrument is expected with 11.714% volatility is expected.

Pessimistic forecast: 59.80

Optimistic: 67.74


Newmont stock forecast for Mar 2023.
Estimated Average Forecasted Newmont Price: 63.61. Negative monthly dynamics of the instrument is expected with 6.765% volatility is expected.

Pessimistic forecast: 60.49

Optimistic: 64.88


Newmont stock forecast for Apr 2023.
Estimated Average Forecasted Newmont Price: 67.49. Positive monthly dynamics of the instrument is expected with 10.252% volatility is expected.

Pessimistic forecast: 64.99

Optimistic: 72.42


Newmont stock forecast for May 2023.
Estimated Average Forecasted Newmont Price: 70.12. Positive monthly dynamics of the instrument is expected with 10.663% volatility is expected.

Pessimistic forecast: 65.21

Optimistic: 73.00


Newmont stock forecast for Jun 2023.
Estimated Average Forecasted Newmont Price: 71.95. Positive monthly dynamics of the instrument is expected with 7.612% volatility is expected.

Pessimistic forecast: 69.86

Optimistic: 75.61


Newmont stock forecast for Jul 2023.
Estimated Average Forecasted Newmont Price: 66.69. Negative monthly dynamics of the instrument is expected with 9.943% volatility is expected.

Pessimistic forecast: 63.43

Optimistic: 70.43


Newmont stock forecast for Aug 2023.
Estimated Average Forecasted Newmont Price: 66.49. Negative monthly dynamics of the instrument is expected with 11.059% volatility is expected.

Pessimistic forecast: 62.57

Optimistic: 70.35


Newmont stock forecast for Sep 2023.
Estimated Average Forecasted Newmont Price: 60.38. Negative monthly dynamics of the instrument is expected with 11.670% volatility is expected.

Pessimistic forecast: 56.21

Optimistic: 63.64


Newmont stock forecast for Oct 2023.
Estimated Average Forecasted Newmont Price: 59.23. Negative monthly dynamics of the instrument is expected with 7.017% volatility is expected.

Pessimistic forecast: 56.50

Optimistic: 60.77


Newmont stock forecast for Nov 2023.
Estimated Average Forecasted Newmont Price: 57.99. Negative monthly dynamics of the instrument is expected with 9.662% volatility is expected.

Pessimistic forecast: 54.22

Optimistic: 60.01


Newmont stock forecast for Dec 2023.
Estimated Average Forecasted Newmont Price: 59.55. Positive monthly dynamics of the instrument is expected with 6.146% volatility is expected.

Pessimistic forecast: 57.29

Optimistic: 61.04



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Newmont Corp.
NEM 57.54 (27.10.2021) -0.28 %

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