2026wrz
NEM Sep 2026 · Hold
We maintain a Hold rating on Newmont Corporation with a composite fair value midpoint of $129.42 per share against the market price of $116.95 as of September 29, 2026. The resulting 9.64% discount places the stock within our neutral Hold threshold (-10% to +10%), balancing tier-1 asset scale and robust cash flow conversion against heavy development capital commitments and cyclical margin normalization.Latest published research · analyzed 2026-09-29 · current · sources stale