Pre-market top gainer: AAM.SW Anglo American plc (SIX) at CHF33.80 on 17 Jan 2026: model targets show mixed upside
We see AAM.SW stock leading pre-market gains on 17 Jan 2026 at CHF33.80 on the SIX exchange. Volume is light at 14 shares but relative volume is 3.50, signalling focused interest. Recent fundamentals show EPS -1.27 and PE -26.61, while the year high matches the pre-market price at CHF33.80. Investors are watching the upcoming earnings date on 20 Feb 2026 and commodity signals that could sustain the rally.
AAM.SW stock: Pre-market price, volume and immediate drivers
Anglo American plc (AAM.SW) trades on SIX at CHF33.80 in pre-market trade on 17 Jan 2026. The session opened at CHF31.96, with a day low of CHF31.96 and a day high of CHF33.80. Reported volume is 14 versus an average volume of 4, giving a relative volume of 3.50, which points to short, concentrated orders rather than broad market participation.
AAM.SW stock: Earnings, financials and valuation
Trailing EPS stands at -1.27 and the reported PE is -26.61, reflecting a negative earnings cycle. Market cap on SIX is about CHF36.07B based on the quote data. Revenue per share is 3.80, and free cash flow per share is 0.36, while dividend per share is 0.29, giving a dividend yield of 0.68%. Enterprise value to sales is 2.58 and price to sales is 2.06, which places Anglo above some commodity peers on a sales multiple basis.
AAM.SW stock: Technical indicators and trend
Technicals show momentum into the pre-market close. RSI is 65.75, MACD is 1.10 with a signal of 0.94, and ADX reads 26.42, indicating a strong trend. The 50-day average is CHF29.33 and the 200-day average is CHF25.32, both below current price. ATR is 1.72, and immediate resistance sits at the year high CHF33.80 with near support at CHF31.96.
AAM.SW stock: Meyka grade and model forecast
Meyka AI rates AAM.SW with a score out of 100: 63.16 (B) — HOLD. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly CHF29.60, yearly CHF27.31, five-year CHF33.50, and seven-year CHF38.80. Compared to the current price CHF33.80, the yearly projection implies an implied downside of -19.21% and the seven-year path implies upside of +14.80%. Forecasts are model-based projections and not guarantees.
AAM.SW stock: Catalysts, risks and sector context
Catalysts include commodity price moves in copper and platinum, production updates, and the scheduled earnings report on 20 Feb 2026. The basic materials sector shows modest YTD strength, which can lift miners on improved commodity cycles. Key risks are net debt to EBITDA of 7.70, low interest coverage at 0.04, and operational exposures across multiple commodities. These financial strains can amplify stock volatility despite cash flow improvements.
AAM.SW stock: Trading strategy and price targets
For short-term traders, watch resistance at CHF33.80 and support near CHF31.96. Conservative near-term price target aligns with the monthly model at CHF29.60. Base 12-month target is CHF27.31, and a longer-term upside target is CHF38.80. Consider position sizing to limit risk ahead of earnings on 20 Feb 2026. This is market analysis, not investment advice.
Final Thoughts
In the pre-market session on 17 Jan 2026, AAM.SW stock sits at CHF33.80, matching the year high and marking it among session top gainers on SIX. Our data shows mixed fundamentals: improving cash flow metrics alongside negative EPS and stretched leverage. Meyka AI assigns a B (63.16) grade and forecasts a 12-month model price of CHF27.31, implying -19.21% downside versus today. That forecast contrasts with a longer-term CHF38.80 upside path. Traders should weigh commodity momentum, the upcoming 20 Feb 2026 earnings release, and the company’s net debt profile before adding exposure. Meyka AI’s real-time models and grade help frame risk versus reward, but forecasts are model-based projections and not guarantees.
FAQs
What caused the pre-market move in AAM.SW stock today?
The pre-market push in AAM.SW stock reflects light, concentrated volume (14 shares) and rising commodity sentiment. Technical strength near the year high CHF33.80 and positioning ahead of the 20 Feb 2026 earnings date likely amplified buying.
What is the Meyka AI grade and short-term forecast for AAM.SW stock?
Meyka AI rates AAM.SW at 63.16 (B) — HOLD. The model projects a monthly price of CHF29.60 and a 12-month target of CHF27.31. Forecasts are projections and not guarantees.
Are there key risks to owning AAM.SW stock now?
Yes. Major risks include high net debt to EBITDA (7.70), weak interest coverage (0.04), earnings volatility, and commodity price swings. These factors can drive sharp downside around operational or market shocks.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
