AngloGold Ashanti (NYSE:AU) is a global gold mining company that extracts and sells gold. The company operates in a strong market, with gold prices near $4,775.00 per ounce, a 47.20% increase over the past year. This environment also benefits competitors like Wheaton Precious Metals (NYSE: WPM), which also reports strong production gains.
Helped by higher gold prices and acquisitions, AngloGold Ashanti achieved record EBITDA and cash flow growth in 2025. EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, is a key measure of a company's profitability. The stock's recent performance reflects this, with a 1.05% daily gain to $108.55, outpacing the S&P 500's 0.62% increase.
Investors anticipate the company's upcoming earnings announcement on May 8, 2026. Projections suggest an earnings per share (EPS) of $2.21, a 151.14% year-over-year increase. EPS indicates how much profit a company makes for each share of its stock. Revenue is also expected to grow by 73.22% to $3.34 billion for the quarter.
Despite strong performance, analyst firm CLSA reiterated its "Hold" rating for AngloGold Ashanti on April 15, 2026, with the stock at $109.80. This neutral stance reflects a wider sentiment. As highlighted by Marketbeat, the average recommendation from seven brokerages is a "Hold," with opinions split between one sell, two hold, and four buy ratings.
This mixed view is seen in recent analyst actions. Citigroup (NYSE: C) raised its price target on AngloGold Ashanti to $120.00 and gave it a "buy" rating. In contrast, as highlighted by Defense World, both Zacks Research and Wall Street Zen downgraded the stock from a "buy" or "strong-buy" to a "hold," suggesting some analysts are becoming more cautious.
