NEM

Newmont's 2025 financial performance was strong, with revenue of $21.5 billion and net income of $1.8 billion, driven by high gold prices. The company achieved a near-zero net debt position and maintained a shareholder-friendly capital allocation strategy. Analyst sentiment is overwhelmingly positive, with a median price target of $137.00. Key catalysts for 2026 include the Ahafo North project in Ghana and potential M&A activity. The company's copper production is also a strategic pillar. However, Newmont faces risks from geopolitical instability in some of its operating regions and potential operational challenges.