Stocks / NEM
NEM stock forecast
NEWMONT CORP · Basic Materials · Gold
The model's rating
Outperform
NEM is rated Outperform as of September 29, 2026: its medium-term return forecast is above the middle of the stocks the model scores, but outside the top fifth.
Create a free account to compare any two stocks; the numeric score is part of Premium.
NEM is not among the 20 largest holdings published for 2026 Q4. See the portfolio
NEM against the S&P 500
| Period | NEM | S&P 500 (SPY) |
|---|---|---|
| 1 month | -8.3% | -0.3% |
| 3 months | +23.9% | +2.5% |
| Year to date | +16.3% | +12.7% |
| 1 year | +38.1% | +15.7% |
Total return, dividends included.
Key numbers
| Price | $115.34 |
| Market cap | 121.53 Billion |
| P/E (trailing 12 months) | 14.5 |
| P/S (trailing 12 months) | 4.7 |
| P/B (latest quarter) | 2.8 |
| Gross margin | 68.9% |
| Net profit margin | 33.4% |
| Return on equity | 25.1% |
| Beta | 1.6 |
As of July 23, 2026.
NEM and its closest peers
| Stock | Company | Market cap | Model rating | |
|---|---|---|---|---|
| FCX | FREEPORT-MCMORAN INC | 100.52 Billion | Underperform | NEM vs FCX |
| TT | TRANE TECHNOLOGIES PLC | 99.45 Billion | Greatly Underperform | NEM vs TT |
| JCI | JOHNSON CONTROLS INTERNATIONAL PLC | 90.04 Billion | Underperform | NEM vs JCI |
| SHW | SHERWIN WILLIAMS CO | 78.48 Billion | Greatly Underperform | |
| ECL | ECOLAB INC | 76.97 Billion | Greatly Underperform | |
| APD | AIR PRODUCTS & CHEMICALS INC | 61.96 Billion | Greatly Underperform |
Questions
What does the Upfront Investment model say about NEM?
The model rates NEWMONT CORP (NEM) "Outperform" as of September 29, 2026, which means its medium-term return forecast is above the middle of the stocks the model scores, but outside the top fifth. The rating is a statistical forecast, not a recommendation to buy or sell.
How is the NEM rating produced?
A machine-learning model forecasts each stock's return over the coming months and ranks the forecasts against each other. The label says where this stock's forecast falls in that ranking. It is refreshed whenever the model's data updates, normally every trading day.
Is NEM in the Upfront Investment model portfolio?
NEM is not among the 20 largest holdings published for 2026 Q4.
The rating is the output of a statistical model and can be wrong. It is not investment advice and takes no account of your circumstances. Past performance does not guarantee future results.