Electro Optic Systems stock: Montega lifts target to AUD 17.00

Published on 10/22/2026 at 18:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue hit AUD 168.80 million, up 283.00 percent. Electro Optic Systems stock costs EUR 5.65 on October 22, 2026.

Analyst target and half-year revenue

The October 13, 2026 note retained a Buy rating and cited AUD 16.00 previously.
First-half 2026 revenue reached AUD 168.80 million, up 283.00 percent year over year.
Electro Optic Systems stock costs EUR 5.65 at Lang & Schwarz on October 22, 2026 at 6:47 p.m. CEST.
The ASX valuation stood at AUD 2.0 billion on October 22, 2026.

Electro Optic Systems Pty, AU000000EOS8, Illustration mit AI erstellt.

Montega raised its 12-month target for Electro Optic Systems from AUD 16.00 to AUD 17.00 and retained its Buy rating in research dated October 13, 2026, according to BÖRSE ONLINE. The target is 86.81 percent above the ASX price of AUD 9.10 on October 22, 2026. Electro Optic Systems was trading at EUR 5.65 at Lang & Schwarz on October 22, 2026 at 6:47 p.m. CEST.

Revenue provides the second anchor

First-half 2026 revenue reached AUD 168.80 million, an increase of 283.00 percent from the first half of 2025. The statutory loss was AUD 33.70 million, largely reflecting a non-cash revaluation of the MARSS earn-out, according to FlightBrief. The order book stood at AUD 846.00 million on June 30, 2026.

ASX range and trading picture

On the ASX, Electro Optic Systems traded at AUD 9.10 on October 22, 2026, down 1.83 percent on the session, with volume of 1,449,769 shares. Its 52-week range was AUD 4.27 to AUD 12.91, while the stock was down 3.60 percent year to date. The company operates in aerospace and defense and is listed in Sydney under the ticker EOS.

Valuation and contract conditions

The company had a market capitalization of AUD 2.0 billion on October 22, 2026, and a trailing P/E ratio of minus 28.44. The Kuwait counter-drone contract remains conditional on export licenses and a GBP 74.00 million bank guarantee, details reported by FNArena on October 20, 2026.

Comparison with peers

Electro Optic Systems Pty: down 1.83 percent, P/E minus 28.44, market capitalization AUD 2.0 billion.
GE Aerospace (NYSE, USD): down 1.33 percent, market capitalization USD 306.0 billion.
RTX Corporation (NYSE, USD): down 0.90 percent, market capitalization USD 258.0 billion.

Stock remains below its yearly high

The ASX quotation was 29.51 percent below its 52-week high of AUD 12.91 on October 22, 2026. The euro quotation and the Australian quotation represent separate venues and currencies, so the analyst target comparison uses AUD figures only. The further course of trading is shown by the continuously updated real-time quote of Electro Optic Systems stock.