Newmont Stock Skyrockets as Gold Rally Hits Record Highs

16 October 2025

NEM Price & Rally: Newmont shares have leapt in 2025, trading around the high $80s–$90s as of mid-October and up roughly 60% over the past six months ^[1]. The stock is near its 52-week high (~$93.93) ^[2] and recently opened around $93.50 on Oct. 16 ^[3].
Analyst Ratings & Targets: Wall Street is generally bullish. The consensus rating is “Moderate Buy,” and Bank of America this week raised its price target to $115 (about 23% above the prior close) ^[4]. Goldman Sachs’ target is ~$104 ^[5], BNP Paribas ~$92 ^[6]. Combined, analysts show 4 “Strong Buy” and 12 “Buy” ratings versus just a few holds or sells ^[7] ^[8].
Technical Indicators: NEM’s technicals are highly bullish. The 50-day SMA (~$89) and 200-day SMA (~$84) both lie below the current price, confirming the uptrend ^[9]. Momentum is very strong – the 14-day RSI is ~86 (deeply overbought) and the MACD is positive (~+2.32), both signaling continued strength ^[10]. All major moving averages (5, 10, 20, 50, 100, 200 days) currently give “Buy” signals ^[11] ^[12].
Fundamentals & Dividends: Newmont’s fundamentals are solid. Q2 2025 EPS came in at $1.43 (beating estimates of $0.95), with revenue +20.8% YoY ^[13]. Forward P/E is only ~16× ^[14], in line with peers. The company pays a quarterly dividend (currently $0.25/share) yielding about 1.1% ^[15], with a low ~20% payout ratio ^[16]. Free cash flow is robust ($1.7B in Q2), and Newmont has $10+ billion of liquidity to fund growth or buybacks ^[17]. Raymond James recently raised its Q3 EPS estimate to $1.30 ^[18], reflecting upbeat expectations.
Gold and Macro Backdrop: Gold prices have surged to historic levels, bolstering Newmont’s outlook. Spot gold recently topped $4,200/oz ^[19] – up over 60% YTD ^[20] – as safe-haven demand grows amid U.S.-China trade tensions and anticipated Fed rate cuts. Traders are now pricing in a nearly certain 25-bp Fed rate cut at the Oct. 28–29 meeting ^[21]. This dovish Fed stance (Fed Governor Waller confirmed he supports an October cut ^[22]) and ongoing U.S. political risks (e.g. government shutdown) have sent investors into gold. In fact, analysts like Fawad Razaqzada note gold “has been on a tear” as investors hedge long-stock positions ^[23], and OANDA’s Zain Vawda warns that if U.S.-China tensions worsen gold could hit ~$5,000/oz ^[24].

Newmont’s stock is benefiting from this perfect storm of factors. Technically, the chart is exceptionally strong – NEM cleared a golden crossover and trades well above key moving averages ^[25] ^[26]. Fundamentally, the company is healthy: it beat latest earnings, has low net debt, and the free cash flow to maintain dividends and buy back stock ^[27] ^[28]. Analysts have lifted estimates accordingly. Zacks notes 2025 EPS consensus is now about $5.50 (roughly +58% YOY), and Q3 EPS is expected to jump ~58% vs. a year ago ^[29].

Expert Commentary: Several strategists point to the gold-friendly environment. For example, Bank of America’s Michael Jalonen reiterated a Buy on NEM, lifting the price target to $115 ^[30]. Validea’s guru-scoring (reported on TS2.tech) gives NEM mixed marks – the Zweig Growth model scores NEM only 54%, citing weak long-term EPS growth and high debt ^[31] – but also notes recent earnings momentum. In practice, however, most analysts remain constructive: Goldman and BNP upgraded their views earlier this year, Stifel and CIBC rate NEM “strong buy”/“outperform” ^[32]. MarketBeat reports Newmont’s consensus target (~$86–88) still implies upside vs. today’s ~$90 price ^[33] ^[34], and firms like Raymond James are raising forecasts.

Market Outlook: The broader commodity context is highly supportive. Gold has “broken the $4,000 barrier” (Bloomberg) and analysts at Goldman Sachs and SocGen see more gains ahead ^[35]. In that scenario, large producers like Newmont typically outperform. Indeed, NEM’s 6-month gain (~61%) has outpaced both the S&P 500 and its gold-mining peers ^[36]. With interest rates poised to fall (the Fed’s neutral rate may head toward ~3%) ^[37] and inflation pressures easing, capital is likely to continue flowing into precious metals. Even as stocks pull back from recent highs (the S&P 500 dipped ~0.4% Oct. 15), gold and miners are holding up.

Analyst Forecasts: Looking ahead, many forecasts remain bullish. The majority of analysts have NEM rated buy or higher ^[38]. Bank of America’s new $115 target suggests ~20–25% upside ^[39]. Zacks (Nasdaq) notes Newmont’s forward P/E (~16.2×) trades at a discount to the industry ^[40], and with earnings set to grow, the stock could rerate higher. On the downside, some caution that gold’s parabolic move is very extended (RSI ~86 ^[41]) and any Fed hawkish surprise could sap momentum. However, near-term catalysts – including the Oct. 23 earnings report and ongoing trade headlines – lean positive.

Bottom Line: In summary, Newmont’s stock is flying high alongside gold. The company’s strong Q2 results, solid balance sheet, and accretive Newcrest acquisition underpin growth. Coupled with a record-breaking gold market and a dovish Fed, investors and analysts remain optimistic. “Soaring bullion prices should boost NEM’s profitability and cash flow,” notes Zacks, calling it a “prudent choice” for investors in this environment ^[42]. With technical indicators flashing buy and multiple price targets well above current levels, Newmont looks positioned for further gains in the coming months.

Sources: Latest market data and company releases; Reuters (Oct 2025) for gold and macro trends ^[43] ^[44]; Nasdaq/Zacks analysis ^[45] ^[46]; MarketBeat/Benzinga for analyst ratings and targets ^[47] ^[48]; TS2.tech guru scores ^[49]; Investing.com technicals ^[50]; GuruFocus summary of BofA ratings ^[51]; DividendMax for yield ^[52].

**ALERT** 🏛️ YOU Won’t Believe THIS - (Gold and Silver Price) - Precious Metals News

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Marcin Frąckiewicz Latest posts

CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.

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Centerspace CSR Crosses Above 200-Day Moving Average
October 17, 2025, 3:35 AM EDT. Centerspace (CSR) shares rose above their 200-day moving average of $60.64 on Thursday, hitting as high as $61.16 and trading about 1.5% higher on the session. The chart shows CSR's one-year performance relative to the 200-day moving average. The stock's 52-week range runs from $52.76 to $75.92; the last trade was $60.75, placing it just above the benchmark.
Centerspace (CSR) Crosses Above 200-Day Moving Average, Intraday High $61.16
October 17, 2025, 3:33 AM EDT. Centerspace (CSR) shares crossed above their 200-day moving average of $60.64 on Thursday, trading as high as $61.16 and last seen around $60.75. The stock is up about 1.5% for the session. This break above the 200-day moving average can be interpreted as a near-term bullish signal as CSR moves within its one-year performance context. The stock's 52-week range is $52.76 to $75.92, highlighting upside and downside potential. If today's move sustains, traders will be watching for continued momentum and whether CSR can push toward or beyond the next resistance level.
Centerspace (CSR) Breaks Above 200-Day Moving Average on Strong Session
October 17, 2025, 3:31 AM EDT. Centerspace (CSR) shares jumped to near session highs after crossing above the 200-day moving average of $60.64. The stock traded as high as $61.16 and was about 1.5% higher on the day, with the last trade at $60.75. The move comes as CSR tests the one-year pattern against its long-term trend, with the 52-week range spanning $52.76 to $75.92. Analysts and traders will watch whether the break above the 200 DMA can sustain momentum and lift the shares toward the next resistance level around the recent highs. The chart shows CSR's performance relative to its 200-day benchmark over the past year.
Centerspace (CSR) Breaks Above 200-DMA, Trading Near $61
October 17, 2025, 3:29 AM EDT. Centerspace (CSR) cleared its 200-day moving average of $60.64 on Thursday, trading as high as $61.16. The stock was up about 1.5% on the session and last traded around $60.75. The move places CSR near the top of its one-year chart versus the 200-DMA. Over the past year, CSR has traded between a 52-week low of $52.76 and a 52-week high of $75.92. The development may be read as a potential bullish signal, though no assurances accompany moving-average crosses. Investors often watch such crossings for trend confirmation. Analysts and traders should consider other indicators and fundamentals before making decisions.
Centerspace (CSR) crosses above 200-DMA, hits intraday high of $61.16
October 17, 2025, 3:27 AM EDT. On Thursday, Centerspace (CSR) shares crossed above their 200-day moving average of $60.64, trading as high as $61.16. The stock was up about 1.5% on the session. The chart compares a one-year performance of CSR against the 200-DMA. The stock's 52-week range spans $52.76 to $75.92, with a last trade around $60.75. A close above the 200-DMA could signal renewed bullish momentum, though investors will look for sustained upside beyond this level.

Newmont Stock Skyrockets as Gold Rally Hits Record Highs – Will the Boom Continue?

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