On February 27, 2026, Bernstein upgraded Newmont Corporation – Depositary Receipt (OTCPK:NEMCL) from “Market Perform” to “Market Outperform.” The average one-year price target for the company is now $99.70 per share, suggesting a potential upside of 140.95% from its latest closing price of $41.38 per share. Price target forecasts range from a low of $61.78 to a high of $119.83.
Projected annual revenue for Newmont Corporation is $16.28 billion, a decrease of 28.17%. The projected annual non-GAAP EPS stands at $1.95. Institutional interest in Newmont has shifted, with 18 funds reporting positions, reflecting a decrease of 28% or 7 owners in the last quarter. Total institutional shares owned dropped by 13.65% to 2,689,000 shares.
