Newmont Stock Holds Steady on Record Cash Flow and Higher Gold Prices

Newmont Corp (US6516391066) has seen its stock price stabilized near widely cited consensus targets due to record free cash flow and a sharply higher realized gold price in the second quarter of 2026.

The miner generated $2.2 billion in free cash flow, alongside a realized gold price of $4,414 per ounce, supported by favorable metal markets and disciplined cost control.

Analyst consensus points to a moderate buy stance on Newmont stock with a target price of $132.59, indicating limited upside from current trading levels but a constructive view on the company's cash-generation profile.