FY2026 Earnings Forecast for DRDGOLD Issued By HC Wainwright

DRDGOLD Limited (NYSE:DRD) – Stock analysts at HC Wainwright raised their FY2026 EPS estimates for DRDGOLD in a research report issued on Thursday, July 16th. HC Wainwright analyst H. Ihle now forecasts that the basic materials company will post earnings per share of $2.26 for the year, up from their previous estimate of $2.21. HC Wainwright currently has a “Buy” rating and a $35.00 price target on the stock. The consensus estimate for DRDGOLD’s current full-year earnings is $2.93 per share.

Other research analysts also recently issued research reports about the stock. Zacks Research downgraded shares of DRDGOLD from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings downgraded DRDGOLD from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen lowered DRDGOLD from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

DRDGOLD Stock Down 1.2%

NYSE DRD opened at $19.66 on Monday. The firm’s fifty day moving average price is $23.74 and its two-hundred day moving average price is $29.27. DRDGOLD has a 1 year low of $13.25 and a 1 year high of $39.37.

Institutional Trading of DRDGOLD

Institutional investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership grew its stake in DRDGOLD by 239.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 989,089 shares of the basic materials company’s stock worth $27,299,000 after buying an additional 697,840 shares in the last quarter. Amundi acquired a new position in shares of DRDGOLD in the 3rd quarter valued at approximately $17,467,000. AQR Capital Management LLC lifted its holdings in shares of DRDGOLD by 265.4% during the 4th quarter. AQR Capital Management LLC now owns 314,679 shares of the basic materials company’s stock worth $9,758,000 after acquiring an additional 228,561 shares during the period. Millennium Management LLC lifted its holdings in shares of DRDGOLD by 91.9% during the 3rd quarter. Millennium Management LLC now owns 397,000 shares of the basic materials company’s stock worth $10,957,000 after acquiring an additional 190,152 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in shares of DRDGOLD during the 4th quarter worth approximately $5,351,000. 14.70% of the stock is currently owned by institutional investors.

About DRDGOLD

DRDGOLD (NYSE: DRD) is a South African gold producer focused on the retreatment of surface tailings from historic mining operations on the Witwatersrand Basin. The company recovers fine gold particles from low‐grade tailings using an integrated, carbon‐in‐leach (CIL) processing circuit that is designed to maximize yield and minimize environmental impact. DRDGOLD’s operations are centered on sustainable resource utilization, transforming previously discarded material into saleable gold doré bars.

The company operates two primary tailings retreatment facilities on the West Rand and East Rand of Gauteng Province.