Stocklytics Platform
Asset logo for symbol NEM
Newmont Goldcorp
NEM68
$38.31arrow_drop_up0.31%$0.12
S&P500
Asset logo for symbol NEM
NEM68

$38.31

arrow_drop_up0.31%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Newmont Goldcorp (NEM) Stocklytics Forecast

Newmont Goldcorp Corp (NEM) is a leading gold mining company that operates in multiple regions around the world. With a strong track record of success and a commitment to responsible mining practices, NEM has established itself as a reliable and profitable investment option for shareholders. The company's stock price has experienced steady growth over the years and shows promising potential for the future. According to analysts' predictions, NEM's stock price is expected to continue its upward trend, reaching new highs in the coming years. In fact, by 2023, the stock price forecast suggests a substantial increase, making it an attractive investment opportunity.
With the advancements in artificial intelligence and machine learning, predicting stock prices has become more accurate and reliable. AI-based algorithms analyze various factors such as market trends, historical data, and company performance to generate precise predictions for NEM's stock price. These machine learning predictions are highly valuable for investors looking to make informed decisions about their investment portfolio. When considering the price target for NEM, analysts project a positive outlook, with an expected growth trajectory over the next few years. Based on current trends and market conditions, NEM's stock is considered a good buy for investors seeking long-term gains.
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Frequently Asked Questions

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What is the analyst price prediction for Newmont Goldcorp (NEM) stock?

Analysts have set a target price of $51.72 for Newmont Goldcorp (NEM), based on forecasts from 30 analysts. The predicted price range extends from a high of $67 to a low of $38. This represents a potential increase of up to 74.89% and a decrease of -0.81% from the current price of $38.31. These forecasts are as of 2023 Feb 14.
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What are the analyst ratings for Newmont Goldcorp (NEM) stock?

The analyst ratings for Newmont Goldcorp (NEM) are distributed as follows: 10 analysts recommend buying, 9 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 19 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Newmont Goldcorp.
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What is the AI price prediction for Newmont Goldcorp (NEM) stock?

At present, there is no AI or machine-learning-based price prediction available for Newmont Goldcorp (NEM) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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