Computershare stock faces a lower Macquarie target

Published on 10/06/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Computershare stock was last at AUD 40.02 on October 6, while Macquarie kept its Hold rating and set a AUD 38.00 target. FY26 management EPS rose 7.3 percent to 145.2 US cents.

Computershare, AU000000CPU5, Illustration mit AI erstellt.

Computershare (ISIN AU000000CPU5) was last at AUD 40.02 on the ASX on October 6, 2026, up 0.43 percent, as Macquarie maintained a Hold rating and set a AUD 38.00 price target on October 1. The target keeps the broker view below the latest market price while the company enters fiscal 2027 with higher earnings and a larger dividend.

Macquarie keeps a cautious target

According to Markets Insider on October 1, 2026, Macquarie retained its Hold rating and set the target at AUD 38.00. The same report said UBS held a Hold view on September 28, while Jarden retained a Sell rating on September 25.

That contrast matters because Computershare stock is trading above the latest Macquarie target, even after a technical pullback from its yearly high. TheBull reported on October 5 that the shares were below the 30-day moving average of AUD 40.11 and the 50-day moving average of AUD 40.50, but above the 200-day average of AUD 34.96.

FY26 earnings set the baseline

Computershare's fiscal year ended June 30, 2026, delivered management revenue of USD 3.21 billion, up 3.0 percent in constant currency, while management EPS increased 7.3 percent to 145.2 US cents, according to Kapitales on September 9, 2026.

The operating mix added support to that result. Issuer Services revenue rose 4.4 percent to USD 1.31 billion, Corporate Trust revenue increased 5.7 percent to USD 1.03 billion, and Employee Share Plans revenue advanced 10.2 percent to USD 559.7 million in FY26. Employee Share Plans management EBIT climbed 24.3 percent to USD 260.8 million.

Dividend and margin income shape FY27

Computershare lifted its final dividend to AUD 0.65 per share, a 35.4 percent increase from the prior year, taking the full-year dividend to AUD 1.20. Management also expects FY27 EPS of 154 US cents, which represents a 6 percent increase from the FY26 figure, while Margin Income is projected at USD 770 million.

TheBull reported on October 5 that FY26 Margin Income reached USD 749 million and that the company achieved its USD 80 million Wells Fargo Corporate Trust synergy target one year ahead of schedule. The key counter-factor is interest-rate sensitivity: lower rates can reduce the yield earned on client cash as hedges roll off.

Stock remains below its yearly high

Computershare stock was last at AUD 40.02 on the ASX at 4:10 p.m. AEDT on October 6, 2026, with a session range of AUD 39.53 to AUD 40.10. Its 52-week range was AUD 26.73 to AUD 43.79, and its market capitalization was AUD 23.1 billion on the same date.