AngloGold Ashanti (AU) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.98
- Estimate
- $2.11
- Surprise
- -6.1%
- Revenue (period 2026-06-30)
- $3.10B
- Score at report (before → after)
- 7.4 → 7.3/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
AngloGold Ashanti (AU) missed the $2.11 estimate with diluted EPS of $1.98 — a clear 6.1% shortfall. TrendMatrix's engine moved from Buy (Wait) (7.4/10) to Sell at 7.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates AU Buy (Wait) at 6.4/10.
1 of the last 4 quarters beat the estimate; this quarter's -6.1% surprise compares with a +0.3% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=9.1 in RISK_OFF)
- Positive news sentiment (+0.89)
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Basic Materials): -0.1
- Consecutive earnings misses (3)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $108.22
- Entry target
- $102.02
- Price target
- $120.92
- Stop
- $91.52
- Upside to target
- +11.7%
The stock trades at 14.4× trailing but 11.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
AU at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Gold
- Market cap
- $56.48B
- P/E (fwd)
- 11.2
- P/E (ttm)
- 14.4
- 52-week range
- $58.83–$129.14
- Off 52-week high
- 16.2%
- RSI (14)
- 65
- Volume vs avg
- 0.91×
- Score today
- 6.4/10