What is Zacks Research’s Forecast for Newmont Q3 Earnings?

Newmont Co. (TSE:NGT) – Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for Newmont in a research report issued to clients and investors on Thursday, March 5th. Zacks Research analyst Team now expects that the company will post earnings per share of $2.37 for the quarter, up from their previous forecast of $2.20. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s Q4 2026 earnings at $2.53 EPS.

NGT has been the subject of several other reports. Macquarie Infrastructure upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 5th. Sanford C. Bernstein upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 27th. Citigroup upgraded Newmont to a “strong-buy” rating in a research report on Monday, January 12th. DZ Bank upgraded Newmont to a “strong-buy” rating in a research note on Monday, January 19th. Finally, BNP Paribas Exane cut Newmont from a “strong-buy” rating to a “hold” rating in a report on Friday, December 5th. Eleven research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy” and a consensus target price of C$125.00.

Newmont Trading Down 1.1%

Newmont stock opened at C$116.00 on Friday. The company has a current ratio of 2.23, a quick ratio of 1.77 and a debt-to-equity ratio of 23.69. Newmont has a 12 month low of C$53.03 and a 12 month high of C$119.73. The stock’s 50 day simple moving average is C$116.00 and its two-hundred day simple moving average is C$113.83. The firm has a market cap of C$127.42 billion, a PE ratio of 20.86, a P/E/G ratio of 1.43 and a beta of 0.90.

About Newmont

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company’s operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.