AngloGold Ashanti's Stock Upgrade and Financial Performance

Font: Financial Modeling Prep  • Feb 20, 2026

• Roth Capital upgraded AngloGold Ashanti (NYSE:AU) to "Buy" and raised the price target from $92 to $122.
• The company reported a record free cash flow of $2.9 billion in 2025, driven by strong production growth and disciplined cost management.
• AngloGold Ashanti declared an interim dividend of $875 million for Q4 2025, with a total yearly payout of $1.8 billion.

AngloGold Ashanti (NYSE:AU) is a prominent gold mining company with operations spanning across four continents. The company is known for its extensive gold production and has a strong presence in the mining industry. AngloGold Ashanti competes with other major players like Barrick Gold and Newmont Corporation. Recently, Roth Capital upgraded AngloGold Ashanti's stock to "Buy," reflecting confidence in its future performance.

On February 20, 2026, Roth Capital raised the price target for AngloGold Ashanti from $92 to $122. At the time of this announcement, the stock was priced at $114.22. This upgrade comes on the back of AngloGold Ashanti's impressive financial performance in 2025. The company reported a record free cash flow of $2.9 billion, driven by strong production growth and disciplined cost management.

AngloGold Ashanti's financial strength is further highlighted by its dividend payouts. The company declared an interim dividend of $875 million for the fourth quarter of 2025, bringing the total dividend payout for the year to a record $1.8 billion. This demonstrates the company's commitment to returning value to its shareholders. The stock has experienced a significant increase of 6.14%, translating to a rise of $6.61.

The stock for AU is currently priced at $114.24, with a market capitalization of approximately $57.68 billion. It has fluctuated between a low of $106.92 and a high of $114.65 today. Over the past year, the stock has reached a high of $115.81 and a low of $28.45. The trading volume stands at 2,295,256 shares, indicating strong investor interest in the company.