AngloGold Ashanti (NYSE:AU) Receives RBC Capital Upgrade Amidst Mixed Analyst Sentiment

• RBC Capital upgraded AngloGold Ashanti (NYSE:AU) from "Sector Perform" to "Outperform."
• The gold mining stock projects strong future growth with earnings per share (EPS) expected to rise by 61.60% and net sales by 32.95% year-over-year.
• Despite the upgrade, Zacks issued a "Strong Sell" rating due to a 5.10% downward revision in consensus earnings estimates, creating a conflicting investment outlook.

AngloGold Ashanti (NYSE:AU) is a global gold mining company with a market capitalization of approximately $39.65 billion. On July 24, 2026, the analyst firm RBC Capital upgraded its rating for AngloGold Ashanti. The firm moved the stock from a "Sector Perform" grade to "Outperform" when the stock price was $78.42.

The upgrade comes at an interesting time for the stock performance of AngloGold Ashanti. While AngloGold Ashanti closed at $78.42, this price reflected a 3.39% decline for the day, a steeper fall than the broader market. However, over the past month, the stock gained 3.28%, outperforming both its sector and the S&P 500.

The positive analyst rating is supported by strong future expectations. The company's upcoming earnings per share (EPS) are projected to be $2.02, a 61.60% increase from the previous year. EPS is a measure of a company's profit allocated to each outstanding share of stock, indicating profitability.

Further supporting this investment analysis outlook, net sales are anticipated to reach $3.20 billion for the quarter, a 32.95% rise year-over-year. For the full fiscal year, revenue is projected to hit $12.09 billion. This represents a substantial 24.22% increase, signaling strong revenue growth for the company.

However, not all investment analysis is positive. As highlighted by Zacks, AngloGold Ashanti was added to the Zacks Rank #5 (Strong Sell) list on July 22, 2026. This followed a 5.10% downward revision of the consensus earnings estimate for the current year, presenting a conflicting view on the stock's prospects.