Newmont (NYSE:NEM) Shares Up 1.5%

Analysts Weigh In on the Gold Mining Company's Performance

Apr. 9, 2026 at 11:34pm

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An extreme close-up of gleaming, intricate banking equipment and machinery, conveying the secure, robust nature of Newmont's financial infrastructure.Newmont's strong financial performance and investor confidence in the gold mining company are reflected in the industrial machinery powering its operations.Greenwood Village Today

Shares of Newmont Corporation (NYSE:NEM), a leading global gold mining company, rose 1.5% on Tuesday. The stock traded as high as $114.68 and closed at $114.4750, with 7,852,433 shares changing hands during mid-day trading, down 26% from the average session volume.

Why it matters

Newmont's stock performance is closely watched by investors and analysts as the company is a major player in the gold mining industry. The rise in share price reflects investor confidence in the company's operations and financial performance.

The details

Several research firms have recently weighed in on Newmont. Canaccord Genuity Group increased their price target from $115.00 to $140.00 and maintained a 'buy' rating. Sanford C. Bernstein raised the stock from 'market perform' to 'outperform' and increased the price target from $121.00 to $157.00. Wall Street Zen downgraded the stock from 'buy' to 'hold'. The company reported strong Q4 2025 earnings, with EPS of $2.52 beating the consensus estimate of $1.81.

  • Newmont's shares rose 1.5% on Tuesday, April 9, 2026.
  • The company reported Q4 2025 earnings on February 19, 2026.

The players

Newmont Corporation

A leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties.

Canaccord Genuity Group

A research firm that increased its price target for Newmont and maintained a 'buy' rating.

Sanford C. Bernstein

A research firm that upgraded Newmont from 'market perform' to 'outperform' and increased the price target.

Wall Street Zen

A research firm that downgraded Newmont from 'buy' to 'hold'.

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What they’re saying

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— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

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The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.