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
- Adjusted 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 adjusted 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 6.5/10.
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)
- High-quality business
What argues against it
- Sector modifier (Basic Materials): -0.1
- Consecutive earnings misses (3)
- Negative momentum
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
- $88.69
- Entry target
- $86.30
- Price target
- $101.25
- Stop
- $80.44
- Upside to target
- +14.2%
- Reward-to-risk
- 2.1:1
The stock trades at 12.3× trailing but 9.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-14 — 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
- $46.35B
- P/E (fwd)
- 9.2
- P/E (ttm)
- 12.3
- 52-week range
- $62.55–$129.14
- Off 52-week high
- 31.3%
- RSI (14)
- 30
- Volume vs avg
- 0.41×
- Score today
- 6.5/10