Newmont Corporation (NEM) earnings on April 23, 2026
More Newmont Corporation earnings
Prior outlook: Pessimistic Outcome: Missed
The stock jumped nearly 9% after earnings beat expectations, showing a strong positive reaction.
NEM price around the earnings
120.72
Change: +8.7%
2026-04-24, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
Analysts positive, but price faces headwinds.
Analysts are positive on this stock, but its recent price performance shows weakness near a resistance level. This suggests that while experts see potential, the stock may struggle to move higher in the short term.
Context analyzed before publication
- Summary
- Analysts are optimistic, but price faces headwinds.
- Reasoning
- Analysts are optimistic on this stock, but its recent price performance shows weakness near a resistance level. This suggests that while experts see potential, the scenario is pessimistic for the stock.
- Playbook
- Given the mixed contexts and recent price weakness near resistance, it is part of the scenario to observe if the stock can break through its current price ceiling.
- Trend
- Outlook deteriorating over past two sessions.
Analysts
Drivers
-
Analysts
Positive
Most analysts maintain optimistic ratings on this stock and cite price targets that are considerably above the current price. Several financial institutions have positive ratings, even with some adjustments to their price expectations.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.67
- Analysts covering the stock
- 20
- Average price target
- 140.06
- Lowest price target
- 72
- Highest price target
- 176
- Upside to price target
- 28.1%
- Quarterly earnings growth
- -7.3%
- Revenue growth
- 20.6%
- Forward EPS
- 10.7
- Trailing EPS
- 6.39
- Analyst moves in the last 60 days
- 5
- Strong buy: 4
- Buy: 13
- Hold: 3
- Sell: 1
- Strong sell: 0
- Strong buy
- 4
- Buy
- 13
- Hold
- 3
- Sell
- 1
- Strong sell
- 0
- April 21, 2026 · CIBC: Maintains rating (Outperformer → Outperformer)
- March 27, 2026 · UBS: Maintains rating (Buy → Buy)
- March 20, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
- March 3, 2026 · Citigroup: Maintains rating (Buy → Buy)
- February 27, 2026 · Bernstein: Upgrades rating (Market Perform → Market Outperform)
News and sentiment
Drivers
-
News & sentiment
Neutral
There is limited significant news, with only one analyst adjusting their price target downwards and no major events expected to drive the stock. While most online discussions are optimistic, the low market review volume suggests limited interest from individual investors.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- CIBC Maintains Outperformer on Newmont, Lowers Price Target to $176 — Benzinga
- Here's How Much You Would Have Made Owning Newmont Stock In The Last 10 Years — Benzinga
- Why Is Newmont Stock Gaining Wednesday? — Benzinga
- UBS Maintains Buy on Newmont, Lowers Price Target to $140 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's recent price movement has lagged behind the broader market, indicating a downward trend over the last 30 and 14 days. It is currently market review near a price ceiling, with a significant support level much lower, suggesting limited room for gains.
Evidence
- Average true range (ATR)
- 4%
- Distance to 52-week high
- -19.0%
- 14-day change (14d)
- -4.0%
- 30-day change
- -8.1%
- 30-day relative strength
- -11.9%
- Benchmark change
- +3.8%
- Nearest support
- 94.35
- Nearest resistance
- 121.98
- Volume accumulation ratio
- 0.95
Trends
Evidence
- Average earnings surprise
- +25.8%
- February 19, 2026: actual EPS 2.52 vs estimate 2.03 (surprise +24.3%)
- October 23, 2025: actual EPS 1.71 vs estimate 1.44 (surprise +18.8%)
- July 24, 2025: actual EPS 1.43 vs estimate 1.16 (surprise +22.9%)
- April 23, 2025: actual EPS 1.25 vs estimate 0.91 (surprise +37.1%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 4.6%
- 75th percentile move
- 6.5%
- 90th percentile move
- 12.6%
- Up / down moves
- 5 / 14
- Average up move
- +5.7%
- Average down move
- -5.2%
Monitoring and close
What Newmont Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +8.7%
- Max favorable move (MFE)
- 0.7%
- Max adverse move (MAE)
- 8.8%