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Newmont Corporation (NYSE:NEM) is one of the Top 10 Stocks Warren Buffett Would Buy in 2026.
On February 27, 2026, Newmont Corporation (NYSE:NEM) saw its rating from Bernstein upgraded from Market Perform to Outperform. The firm’s analyst Bob Brackett set a price target of $157. The research note cited the firm’s bullish view on gold as the reason for the stock’s upgrade. Bob also pointed to the new CEO’s focused agenda, realistic guidance, and a reconciliation with its biggest joint-venture partner as catalysts for the stock’s new rating.
In another development, on February 26, 2026, Bank of America raised its price target on Newmont Corporation (NYSE:NEM) from $134 to $151 while maintaining a Buy rating. According to the analyst, the firm is revising its valuation targets for North American Metals & Mining stocks, following updated 2026 metal price forecasts.
As of February 27, 2026, CNN recorded a consensus Buy rating from 27 analysts following Newmont Corporation (NYSE:NEM). The 1-year average upside potential on the stock stands at 7.51%.
Founded in 1921, Newmont Corporation (NYSE:NEM) is one of the largest gold mining companies and a significant producer of copper, silver, zinc, and lead, with headquarters in Colorado.
While we acknowledge the potential of NEM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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