Shares of a big U.S. automaker zipped higher Tuesday following better-than-expected earnings, while a top miner's stock fell with a slip in gold prices.
NEM is expected to have benefited from higher gold prices amid cost headwinds in the third quarter.
Newmont (NYSE:NEM) is scheduled to announce its earnings on Thursday, October 23, 2025. We anticipate the company will report quarterly revenues of approximately $5.2 billion, benefiting from increased gold and copper prices along with stable production levels at important sites.
NEM, RY, AS, VSTM and SOTK have been added to the Zacks Rank #1 (Strong Buy) List on Oct. 21, 2025.
Newmont stock has delivered a stellar 63% 1-year total return, benefiting from surging gold prices and strong operating leverage. NEM's earnings and gross profits have soared, with Wall Street analysts significantly revising estimates upward, but future comparisons may be tougher. NEM's valuation multiples remain below previous peaks, which could see its current momentum persist for longer.
Newmont's record free cash flow in Q2 lifted optimism, but rising capital spending may test that strength in the second half.
Newmont Corporation (NEM) reached $90.54 at the closing of the latest trading day, reflecting a +1.28% change compared to its last close.
Newmont (NEM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Does Newmont Corporation (NEM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Newmont Corporation remains a 'buy' as it benefits from a favorable macro environment and strong management execution. NEM is optimizing its portfolio by shedding less profitable assets, improving margins, and strengthening its balance sheet, positioning itself for long-term growth. The stock remains undervalued, with forward P/E ratios expected to decline sharply, suggesting further upside despite recent gains.
NEM's first gold pour at Ahafo North signals a major step toward commercial output and reinforces its growth outlook.