U.S. Gold price target raised to $26 from $20 at Roth Capital

Roth Capital raised the firm’s price target on U.S. Gold (USAU) to $26 from $20 and keeps a Buy rating on the shares. The firm is updating its estimates to reflect revised forecasts for Q4 2025 and beyond, noting that while the future of gold and silver prices are uncertain due to the dynamics that drive cycle peaks, it is also prudent to revise its expectations to be more in line with the current market, the analyst tells investors in a research note.