BofA Lifts Newmont Price Target to $151; Bernstein Sets $157 Goal
Bank of America raised Newmont’s price target from $134 to $151 and Bernstein SocGen upgraded to Outperform, lifting its target from $121 to $157. Analyst consensus shows 81% Buy ratings with a median target of $140 implying 21.5% upside and a top-end potential of 53.6%.
1. BofA Raises Price Target to $151
On February 26, Bank of America increased its Newmont price target from $134 to $151 while maintaining a Buy rating, reflecting revised 2026 metal price estimates and a more favorable outlook for North American metals.
2. Bernstein SocGen Upgrades to Outperform at $157 Target
A day later, Bernstein SocGen elevated Newmont to Outperform from Market Perform and boosted its target from $121 to $157, citing a new CEO’s strategic plan, achievable guidance and strengthened joint venture terms.
3. 81% of Analysts Rate as Buy with 21.5% Median Upside
As of March 5, 81% of covering analysts rate Newmont as a Buy, with a median price target of $140 implying 21.5% upside, while the highest and lowest targets suggest potential moves of +53.6% and -7.1%, respectively.