Goldman Sachs sets USD 104 target for AngloGold Ashanti stock

Published on 10/20/2026 at 20:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 3.10 billion, up from USD 2.45 billion. AngloGold Ashanti stock costs EUR 81.31 on October 20, 2026 at 8:30 p.m. CEST.

Analyst target and earnings

Goldman Sachs initiated coverage with a USD 104 target on October 14, 2026.
Second-quarter revenue reached USD 3.10 billion, up from USD 2.45 billion.
AngloGold Ashanti stock costs EUR 81.31 at Lang & Schwarz on October 20, 2026 at 8:30 p.m. CEST.
AngloGold Ashanti is scheduled to report results on November 5, 2026.

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Goldman Sachs initiated coverage of AngloGold Ashanti with a Buy rating and a USD 104 price target on October 14, 2026, as Markets Insider reported. The target places the analyst view above the company's USD 91.34 NYSE price at 2:31 p.m. EDT on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 81.31 on October 20, 2026 at 8:30 p.m. CEST.

Revenue reached USD 3.10 billion

AngloGold Ashanti reported second-quarter 2026 revenue of USD 3.10 billion, compared with USD 2.45 billion in the second quarter of 2025. Net income reached USD 1.00 billion, up from USD 669.00 million, according to Markets Insider on October 13, 2026.

The same quarter produced earnings per share of USD 1.98 against a USD 2.03 consensus estimate, while revenue of USD 3.10 billion came in below the USD 3.20 billion estimate, MarketBeat reported on October 16, 2026.

The NYSE price sits below its high

AngloGold Ashanti traded at USD 91.34 on the NYSE at 2:31 p.m. EDT on October 20, 2026. Its 52-week range was USD 62.55 to USD 129.14, placing the stock 29.27 percent below its high. Market capitalization stood at USD 46.2 billion and the price-to-earnings ratio was 12.19 on the same market snapshot.

Results date and valuation

The next earnings date is November 5, 2026, according to Simply Wall St. The page identifies June 30, 2026 as the latest reported earnings date and lists a 3.8 percent dividend yield.

For investors, the central comparison is between Goldman Sachs' USD 104 target and the USD 91.34 NYSE price, while the latest quarterly report shows revenue growth alongside a modest earnings miss. The upcoming November reporting date may provide the next major test of that valuation view.

AngloGold Ashanti price in Europe

AngloGold Ashanti was trading at EUR 81.31 at Lang & Schwarz on October 20, 2026 at 8:30 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of AngloGold Ashanti stock.