Newmont (NEM) slides as gold prices ease ahead of key U.S. inflation data

Newmont Corporation (NEM) is down 3.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move looks primarily tied to a pullback in gold prices, which can quickly pressure large, liquid gold miners like Newmont. The stock may also be seeing continued digestion of the company’s recently issued 2026 outlook and capital-return framework, which highlighted the importance of meeting production and cost targets in a volatile commodity tape.

Details:

Gold prices slipped in the lead-up to the U.S. Consumer Price Index release, a macro event that can shift interest-rate expectations and, in turn, influence bullion demand.

Gold’s day-to-day declines can have an outsized effect on miner equities because earnings and free cash flow are highly leveraged to changes in the realized gold price.

Newmont recently published its fourth-quarter and full-year 2025 results alongside 2026 guidance and an updated capital allocation framework, keeping investor focus on execution versus the new-year plan.

The company declared a quarterly dividend for Q4 2025 payable on March 26, 2026, which can keep trading attention on near-term cash returns while broader commodity sentiment drives the tape.

Sources:

Newmont, Fortune, RTTNews

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$NEM Insider Trading Activity

$NEM insiders have traded $NEM stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $NEM stock by insiders over the last 6 months:

DAVID JOHN THORNTON (MD, Americas) sold 8,060 shares for an estimated $973,486
MARK C RODGERS (MD, Africa-Asia Pacific) has made 0 purchases and 2 sales selling 5,804 shares for an estimated $741,971.
BRUCE R BROOK has made 0 purchases and 3 sales selling 6,240 shares for an estimated $537,284.
THOMAS RONALD PALMER (CEO) sold 5,000 shares for an estimated $406,700

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$NEM Hedge Fund Activity

We have seen 860 institutional investors add shares of $NEM stock to their portfolio, and 736 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 24,039,434 shares (-75.0%) from their portfolio in Q4 2025, for an estimated $2,400,337,484
BLACKROCK, INC. added 7,642,703 shares (+6.2%) to their portfolio in Q4 2025, for an estimated $763,123,894
PACER ADVISORS, INC. removed 5,739,772 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $573,116,234
VAN ECK ASSOCIATES CORP added 5,643,496 shares (+23.4%) to their portfolio in Q4 2025, for an estimated $563,503,075
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 4,588,018 shares (+110.4%) to their portfolio in Q4 2025, for an estimated $458,113,597
PRICE T ROWE ASSOCIATES INC /MD/ removed 3,777,721 shares (-54.1%) from their portfolio in Q4 2025, for an estimated $377,205,441
JPMORGAN CHASE & CO removed 3,368,878 shares (-37.4%) from their portfolio in Q4 2025, for an estimated $336,382,468

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$NEM Congressional Stock Trading

Members of Congress have traded $NEM stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $NEM stock by members of Congress over the last 6 months:

REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$NEM Analyst Ratings

Wall Street analysts have issued reports on $NEM in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 12/01/2025
CIBC issued a "Outperformer" rating on 10/10/2025
Raymond James issued a "Outperform" rating on 09/23/2025

To track analyst ratings and price targets for $NEM, check out Quiver Quantitative's $NEM forecast page.

$NEM Price Targets

Multiple analysts have issued price targets for $NEM recently. We have seen 7 analysts offer price targets for $NEM in the last 6 months, with a median target of $125.0.

Here are some recent targets:

Alexander Hacking from Citigroup set a target price of $150.0 on 03/03/2026
Bob Brackett from Bernstein set a target price of $157.0 on 02/27/2026
Tanya Jakusconek from Scotiabank set a target price of $152.0 on 01/26/2026
Daniel Major from UBS set a target price of $125.0 on 12/01/2025
Michael Jalonen from B of A Securities set a target price of $115.0 on 10/16/2025
Anita Soni from CIBC set a target price of $112.0 on 10/10/2025
Brian MacArthur from Raymond James set a target price of $84.0 on 09/23/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.