AngloGold Ashanti (AU) Stock Forecast, Price Target & Predictions

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AU Stock Forecast

AngloGold Ashanti stock forecast is as follows: an average price target of $25.32 (represents a 3.18% upside from AU’s last price of $24.54) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

AU Price Target

The average price target for AngloGold Ashanti (AU) is $25.32 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $35.60 to $19.00. This represents a potential 3.18% upside from AU's last price of $24.54.

AU Analyst Ratings

Buy

According to 16 Wall Street analysts, AngloGold Ashanti's rating consensus is 'Buy'. The analyst rating breakdown for AU stock is 0 'Strong Buy' (0.00%), 12 'Buy' (75.00%), 3 'Hold' (18.75%), 1 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

AngloGold Ashanti Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jul 31, 2024	Garry Sherriff	RBC Capital	$24.00	$27.29	-12.06%	-2.20%
May 23, 2024	Tanya Jakusconek	Scotiabank	$26.00	$24.06	8.06%	5.95%
May 17, 2024	Andrew Hodge	Canaccord Genuity	$35.60	$24.63	44.54%	45.07%
Sep 12, 2023	Raj Ray	Loop Capital Markets	$22.00	$17.68	24.47%	-10.35%
Jul 30, 2022	Abhi Agarwal	Deutsche Bank	$19.00	$14.71	29.16%	-22.58%
Jun 29, 2022	Liam Fitzpatrick	Deutsche Bank	$21.00	$15.72	33.59%	-14.43%

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The latest AngloGold Ashanti stock forecast, released on Jul 31, 2024 by Garry Sherriff from RBC Capital, set a price target of $24.00, which represents a -12.06% decrease from the stock price at the time of the forecast ($27.29), and a -2.20% decrease from AU last price ($24.54).

AngloGold Ashanti Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	3
Avg Price Target	-	-	$28.53
Last Closing Price	$24.54	$24.54	$24.54
Upside/Downside	-100.00%	-100.00%	16.26%

In the current month, the average price target of AngloGold Ashanti stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AngloGold Ashanti's last price of $24.54. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 19, 2024	UBS	Buy	Cautious	Downgrade
Oct 24, 2024	BMO Capital	Outperform	Outperform	Hold
Oct 18, 2024	Investec	-	Buy	Upgrade
Oct 16, 2024	Canaccord Genuity	Buy	Buy	Hold
Oct 16, 2024	RBC Capital	Underperform	Outperform	Upgrade
Oct 14, 2024	RBC Capital	Underperform	Underperform	Hold
Sep 27, 2024	Citigroup	Neutral	Buy	Upgrade
Sep 18, 2024	National Bank	Outperform	Overweight	Upgrade
Sep 18, 2024	Empire Asset Management	Outperform	Neutral	Upgrade
Sep 17, 2024	RBC Capital	Outperform	Outperform	Hold

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AngloGold Ashanti's last stock rating was published by UBS on Nov 19, 2024. The company Downgrade its AU rating from "Buy" to "Cautious".

AngloGold Ashanti Financial Forecast

AngloGold Ashanti Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Mar 22	Mar 21	Jun 20	Jun 15	Mar 13	Mar 12	Jun 11	Mar 10	Mar 09	Mar 08	Mar 07	Mar 06	Mar 05	Mar 04	Mar 03	Mar 02	Sep 01
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$979.00M	$1.06B	$1.01B	$1.46B	$1.71B	$1.58B	$1.09B	$658.00M	$958.00M	$784.00M	$724.00M	$642.00M	$503.00M	$472.00M	$373.00M	$528.00M
Avg Forecast	$1.64B	$1.61B	$1.58B	$1.62B	$1.68B	$1.49B	$2.55B	$2.45B	$2.45B	$2.14B	$2.00B	$2.16B	$2.62B	$2.39B	$1.41B	$1.12B	$1.89B	$1.59B	$1.48B	$1.41B	$804.22M	$947.64M	$827.56M	$724.00M	$508.25M	$567.90M	$633.47M	$302.43M	$462.00M
High Forecast	$1.64B	$1.61B	$1.58B	$1.62B	$1.68B	$1.49B	$2.55B	$2.45B	$2.45B	$2.14B	$2.00B	$2.16B	$3.15B	$2.86B	$1.70B	$1.34B	$2.26B	$1.91B	$1.78B	$1.70B	$965.07M	$1.14B	$993.07M	$868.80M	$609.90M	$681.48M	$760.17M	$362.92M	$554.40M
Low Forecast	$1.64B	$1.61B	$1.58B	$1.62B	$1.68B	$1.49B	$2.55B	$2.45B	$2.45B	$2.14B	$2.00B	$2.16B	$2.10B	$1.91B	$1.13B	$892.32M	$1.51B	$1.27B	$1.18B	$1.13B	$643.38M	$758.11M	$662.04M	$579.20M	$406.60M	$454.32M	$506.78M	$241.95M	$369.60M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	14	13	14	11	10	13	12	20	14	16	7	11	7	11	10	18	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.41%	0.75%	0.91%	0.78%	1.07%	1.06%	0.77%	0.82%	1.01%	0.95%	1.00%	1.26%	0.89%	0.75%	1.23%	1.14%

AngloGold Ashanti's average Quarter revenue forecast for Mar 22 based on 14 analysts is $2.62B, with a low forecast of $2.10B, and a high forecast of $3.15B. AU's average Quarter revenue forecast represents a 168.02% increase compared to the company's last Quarter revenue of $979.00M (Mar 21).

AngloGold Ashanti EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Mar 22	Mar 21	Jun 20	Jun 15	Mar 13	Mar 12	Jun 11	Mar 10	Mar 09	Mar 08	Mar 07	Mar 06	Mar 05	Mar 04	Mar 03	Mar 02	Sep 01
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	14	13	14	11	10	13	12	20	14	16	7	11	7	11	10	18	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$400.00M	$583.00M	$320.00M	$449.00M	$737.00M	$729.00M	$411.00M	$49.00M	$510.00M	$248.00M	$170.00M	$189.00M	$163.00M	$190.00M	$113.00M	$253.30M
Avg Forecast	$540.82M	$530.65M	$520.67M	$534.41M	$554.20M	$491.85M	$841.45M	$1.22B	$808.56M	$704.86M	$1.11B	$-548.20M	$1.01B	$919.57M	$735.26M	$195.80M	$726.93M	$822.63M	$790.80M	$560.58M	$59.89M	$989.07K	$224.83M	$-37.00M	$106.88M	$155.81M	$225.47M	$138.65M	$122.76M
High Forecast	$540.82M	$530.65M	$520.67M	$534.41M	$554.20M	$491.85M	$841.45M	$1.47B	$808.56M	$704.86M	$1.34B	$-438.56M	$1.21B	$1.10B	$882.32M	$234.96M	$872.32M	$987.16M	$948.96M	$672.70M	$71.87M	$1.19M	$269.80M	$-29.60M	$128.25M	$186.97M	$270.57M	$166.38M	$147.31M
Low Forecast	$540.82M	$530.65M	$520.67M	$534.41M	$554.20M	$491.85M	$841.45M	$979.16M	$808.56M	$704.86M	$890.14M	$-657.84M	$809.22M	$735.66M	$588.21M	$156.64M	$581.55M	$658.11M	$632.64M	$448.47M	$47.91M	$791.25K	$179.87M	$-44.40M	$85.50M	$124.65M	$180.38M	$110.92M	$98.21M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.43%	0.79%	1.63%	0.62%	0.90%	0.92%	0.73%	0.82%	515.64%	1.10%	-4.59%	1.77%	1.05%	0.84%	0.82%	2.06%

14 analysts predict AU's average Quarter EBITDA for Mar 22 to be $1.01B, with a high of $1.21B and a low of $809.22M. This is 152.88% upper than AngloGold Ashanti's previous annual EBITDA (Mar 21) of $400.00M.

AngloGold Ashanti Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Mar 22	Mar 21	Jun 20	Jun 15	Mar 13	Mar 12	Jun 11	Mar 10	Mar 09	Mar 08	Mar 07	Mar 06	Mar 05	Mar 04	Mar 03	Mar 02	Sep 01
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	14	13	14	11	10	13	12	20	14	16	7	11	7	11	10	18	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$209.00M	$252.00M	$-13.00M	$212.00M	$384.00M	$470.00M	$157.00M	$9.00M	$-130.00M	$29.00M	$-177.00M	$35.00M	$34.00M	$66.00M	$71.00M	$53.00M
Avg Forecast	$429.17M	$450.21M	$424.96M	$412.34M	$429.17M	$342.92M	$513.32M	$460.07M	$210.38M	$360.45M	$418.24M	$-153.84M	$380.22M	$345.65M	$336.88M	$-156.20M	$273.24M	$358.15M	$439.85M	$202.79M	$278.60M	$-140.45M	$21.11M	$-184.00M	$17.42M	$38.39M	$88.58M	$57.57M	$46.38M
High Forecast	$429.17M	$450.21M	$424.96M	$412.34M	$429.17M	$342.92M	$539.11M	$552.08M	$210.38M	$360.45M	$501.89M	$-123.07M	$456.26M	$414.79M	$404.26M	$-124.96M	$327.89M	$429.78M	$527.83M	$243.35M	$333.48M	$-112.36M	$25.33M	$-147.20M	$20.90M	$46.06M	$106.29M	$69.08M	$55.65M
Low Forecast	$429.17M	$450.21M	$424.96M	$412.34M	$429.17M	$342.92M	$487.53M	$368.05M	$210.38M	$360.45M	$334.59M	$-184.61M	$304.18M	$276.52M	$269.51M	$-187.44M	$218.60M	$286.52M	$351.88M	$162.23M	$223.73M	$-168.54M	$16.89M	$-220.80M	$13.93M	$30.71M	$70.86M	$46.05M	$37.10M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.60%	0.75%	0.08%	0.78%	1.07%	1.07%	0.77%	0.03%	0.93%	1.37%	0.96%	2.01%	0.89%	0.75%	1.23%	1.14%

AngloGold Ashanti's average Quarter net income forecast for Mar 22 is $380.22M, with a range of $304.18M to $456.26M. AU's average Quarter net income forecast represents a 81.92% increase compared to the company's last Quarter net income of $209.00M (Mar 21).

AngloGold Ashanti SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Mar 22	Mar 21	Jun 20	Jun 15	Mar 13	Mar 12	Jun 11	Mar 10	Mar 09	Mar 08	Mar 07	Mar 06	Mar 05	Mar 04	Mar 03	Mar 02	Sep 01
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	14	13	14	11	10	13	12	20	14	16	7	11	7	11	10	18	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$18.00M	$11.00M	$28.00M	$65.00M	$67.00M	$70.00M	$40.00M	$38.00M	$28.00M	$28.00M	$32.00M	$26.00M	$33.00M	$24.00M	$14.00M	$15.00M
Avg Forecast	$96.62M	$94.81M	$93.03M	$95.48M	$99.02M	$87.88M	$150.34M	$141.06M	$144.46M	$125.93M	$128.23M	$192.84M	$116.58M	$105.98M	$14.71M	$30.80M	$83.78M	$62.49M	$65.51M	$51.67M	$46.44M	$27.69M	$29.56M	$32.00M	$20.58M	$37.26M	$32.21M	$11.35M	$13.13M
High Forecast	$96.62M	$94.81M	$93.03M	$95.48M	$99.02M	$87.88M	$150.34M	$169.27M	$144.46M	$125.93M	$153.88M	$231.41M	$139.89M	$127.17M	$17.65M	$36.96M	$100.53M	$74.99M	$78.61M	$62.00M	$55.73M	$33.23M	$35.47M	$38.40M	$24.70M	$44.71M	$38.65M	$13.62M	$15.75M
Low Forecast	$96.62M	$94.81M	$93.03M	$95.48M	$99.02M	$87.88M	$150.34M	$112.85M	$144.46M	$125.93M	$102.59M	$154.28M	$93.26M	$84.78M	$11.76M	$24.64M	$67.02M	$49.99M	$52.41M	$41.33M	$37.16M	$22.16M	$23.64M	$25.60M	$16.47M	$29.81M	$25.77M	$9.08M	$10.50M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.17%	0.75%	0.91%	0.78%	1.07%	1.07%	0.77%	0.82%	1.01%	0.95%	1.00%	1.26%	0.89%	0.75%	1.23%	1.14%

AngloGold Ashanti's average Quarter SG&A projection for Mar 22 is $116.58M, based on 14 Wall Street analysts, with a range of $93.26M to $139.89M. The forecast indicates a 547.65% rise compared to AU last annual SG&A of $18.00M (Mar 21).

AngloGold Ashanti EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Mar 22	Mar 21	Jun 20	Jun 15	Mar 13	Mar 12	Jun 11	Mar 10	Mar 09	Mar 08	Mar 07	Mar 06	Mar 05	Mar 04	Mar 03	Mar 02	Sep 01
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	14	13	14	11	10	13	12	20	14	16	7	11	7	11	10	18	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.48	-	$-0.35	$0.55	$1.00	$1.22	$0.43	$-0.04	$-0.46	$0.10	$-0.67	$0.13	$0.15	$0.30	$0.32	$0.25
Avg Forecast	$1.02	$1.07	$1.01	$0.98	$1.02	$0.81	$1.22	$1.23	$0.50	$0.86	$0.70	$0.91	$1.43	$0.73	$1.27	$0.02	$0.58	$0.97	$0.56	$0.31	$0.66	$0.19	$0.38	$0.32	$0.19	$0.35	$0.51	$0.30	$0.28
High Forecast	$1.02	$1.07	$1.01	$0.98	$1.02	$0.81	$1.28	$1.23	$0.50	$0.86	$0.70	$0.91	$1.43	$0.89	$1.52	$0.03	$0.70	$1.16	$0.67	$0.37	$0.79	$0.23	$0.46	$0.38	$0.23	$0.42	$0.61	$0.36	$0.34
Low Forecast	$1.02	$1.07	$1.01	$0.98	$1.02	$0.81	$1.16	$1.23	$0.50	$0.86	$0.70	$0.91	$1.43	$0.58	$1.02	$0.02	$0.46	$0.78	$0.45	$0.25	$0.53	$0.15	$0.30	$0.26	$0.15	$0.28	$0.41	$0.24	$0.22
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.66%	-	-17.50%	0.95%	1.03%	2.18%	1.39%	-0.06%	-2.42%	0.26%	-2.09%	0.68%	0.43%	0.59%	1.07%	0.89%

According to 14 Wall Street analysts, AngloGold Ashanti's projected average Quarter EPS for Mar 22 is $1.43, with a low estimate of $1.43 and a high estimate of $1.43. This represents a 197.62% increase compared to AU previous annual EPS of $0.48 (Mar 21).

AngloGold Ashanti Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NEM	Newmont	$42.99	$62.59	45.59%	Buy
FNV	Franco-Nevada	$121.45	$154.25	27.01%	Buy
EGO	Eldorado Gold	$16.18	$20.00	23.61%	Buy
SAND	Sandstorm Gold	$5.68	$7.00	23.24%	Buy
PAAS	Pan American Silver	$22.42	$25.00	11.51%	Buy
GFI	Gold Fields	$14.94	$16.00	7.10%	Hold
AU	AngloGold Ashanti	$24.54	$25.32	3.18%	Buy
RGLD	Royal Gold	$148.60	$151.11	1.69%	Buy
OR	Osisko Gold Royalties	$19.84	$19.00	-4.23%	Buy
AEM	Agnico Eagle Mines	$82.80	$78.94	-4.66%	Buy
KGC	Kinross Gold	$9.97	$8.99	-9.83%	Buy
WPM	Wheaton Precious Metals	$62.96	$56.34	-10.51%	Buy
CDE	Coeur Mining	$6.53	$5.73	-12.25%	Buy
IAG	IAMGOLD	$5.57	$4.02	-27.83%	Hold

AU Forecast FAQ

Is AngloGold Ashanti a good buy?

Yes, according to 16 Wall Street analysts, AngloGold Ashanti (AU) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 75.00% of AU's total ratings.

What is AU's price target?

AngloGold Ashanti (AU) average price target is $25.32 with a range of $19 to $35.6, implying a 3.18% from its last price of $24.54. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will AngloGold Ashanti stock go up soon?

According to Wall Street analysts' prediction for AU stock, the company can go up by 3.18% (from the last price of $24.54 to the average price target of $25.32), up by 45.07% based on the highest stock price target, and down by -22.58% based on the lowest stock price target.

Can AngloGold Ashanti stock reach $40?

AU's average twelve months analyst stock price target of $25.32 does not support the claim that AngloGold Ashanti can reach $40 in the near future.

What are AngloGold Ashanti's analysts' financial forecasts?

AngloGold Ashanti's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $8.17B (high $8.17B, low $8.17B), average EBITDA is $3.11B (high $3.36B, low $2.87B), average net income is $1.75B (high $1.86B, low $1.63B), average SG&A $478.29M (high $506.5M, low $450.08M), and average EPS is $4.29 (high $4.35, low $4.22). AU's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.45B (high $6.45B, low $6.45B), average EBITDA is $2.13B (high $2.13B, low $2.13B), average net income is $1.72B (high $1.72B, low $1.72B), average SG&A $379.94M (high $379.94M, low $379.94M), and average EPS is $4.08 (high $4.08, low $4.08).

Did the AU's actual financial results beat the analysts' financial forecasts?

Based on AngloGold Ashanti's last annual report (Dec 2022), the company's revenue was $4.5B, which missed the average analysts forecast of $4.79B by -5.95%. Apple's EBITDA was $962M, beating the average prediction of $463.33M by 107.63%. The company's net income was $297M, beating the average estimation of $226.38M by 31.20%. Apple's SG&A was $101M, missing the average forecast of $309.42M by -67.36%. Lastly, the company's EPS was $0.71, missing the average prediction of $2.34 by -69.68%. In terms of the last quarterly report (Mar 2021), AngloGold Ashanti's revenue was $979M, missing the average analysts' forecast of $2.39B by -58.96%. The company's EBITDA was $400M, missing the average prediction of $919.57M by -56.50%. AngloGold Ashanti's net income was $209M, missing the average estimation of $345.65M by -39.53%. The company's SG&A was $18M, missing the average forecast of $105.98M by -83.02%. Lastly, the company's EPS was $0.48, missing the average prediction of $0.73 by -34.25%