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AU: Rising Gold Output And Regular Dividends Will Support Future Upside

Update shared on 05 Jan 2026

Fair value Increased 8.20%
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AnalystConsensusTarget's Fair Value
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Analysts have raised their price target on AngloGold Ashanti from 90.57 dollars to 98.00 dollars, reflecting expectations of faster revenue growth despite slightly higher discount rates and lower projected profit margins, as well as a richer future earnings multiple.

What's in the News

  • Announced an interim dividend of 0.91 US dollars per share for the quarter ended 30 September 2025, with NYSE shares trading ex dividend and on record on 28 November 2025 and payment scheduled for 12 December 2025 (company announcement).
  • Reported third quarter 2025 gold production of 768,000 ounces, up from 657,000 ounces a year earlier, highlighting strong operational performance (company results).
  • Delivered nine month 2025 gold production of 2,292,000 ounces versus 1,911,000 ounces in the prior year period, underscoring sustained volume growth (company results).

Valuation Changes

  • Fair Value Estimate has increased from 90.57 dollars to 98.00 dollars, rising moderately on updated growth and earnings assumptions.
  • Discount Rate has edged up slightly from 8.15 percent to about 8.25 percent, reflecting a modestly higher perceived risk profile.
  • Revenue Growth has risen from roughly 12.31 percent to about 13.97 percent, indicating a modest upgrade to top line expectations.
  • Net Profit Margin has fallen significantly from about 43.72 percent to roughly 34.77 percent, implying a more conservative view on future profitability.
  • Future P/E has increased from about 10.96 times to roughly 14.31 times, signaling a higher valuation multiple applied to projected earnings.

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Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.