Barclays lowered its price target for Newmont Corporation from USD 124 to USD 123 on October 19, 2026, marking a slight reduction in analyst optimism despite recent financial performance. The company recently reported second-quarter revenue of USD 6.12 billion and earnings per share of USD 2.10, which were solid but did not trigger an immediate upgrade from the bank. Newmont is scheduled to release its third-quarter results after the North American market close on October 22, 2026, with a conference call following at 5:30 p.m. EDT. Analysts are closely watching this upcoming report to determine if the strong second-quarter earnings profile can be sustained into the third quarter. MarketBeat currently lists a consensus estimate of USD 1.95 in earnings per share and USD 6.30 billion in revenue for the third quarter, representing significant growth over the year-earlier quarter figures of USD 1.71 and USD 5.52 billion respectively. The stock was trading at EUR 103.97 on October 20, 2026, with a market capitalization of approximately USD 124.3 billion.