Morgan Stanley adjusts target to AUD 125 for Commonwealth Bank stock

Published on 10/21/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 cash profit rose 7 percent to AUD 11 billion at the AGM. Commonwealth Bank stock costs EUR 98.06 on October 21, 2026, alongside the result.

Analyst target and bank results

On October 18, 2026, Morgan Stanley adjusted its Commonwealth Bank target to AUD 125.
FY26 cash net profit after tax rose 7 percent to AUD 11 billion.
Commonwealth Bank stock trades at EUR 98.06 at 10:28 a.m. CEST at Lang & Schwarz on October 21, 2026.
The next interim report is scheduled for February 10, 2027.

CBA, AU000000CBA7, Illustration mit AI erstellt.

Commonwealth Bank of Australia (AU000000CBA7) stock costs EUR 98.06 at Lang & Schwarz on October 21, 2026, at 10:28 a.m. CEST. On October 18, 2026, Morgan Stanley adjusted its target to AUD 125, according to MarketScreener.

What does AUD 125 mean?

The target is below the AUD 155.60 last close shown in the same MarketScreener report, while the page lists an average analyst target of AUD 125.71 and a Sell consensus from 14 analysts. The figures point to a valuation debate around Australia's largest bank rather than a new operating warning.

Commonwealth Bank's FY26 cash net profit after tax rose 7 percent to AUD 11 billion, while cash earnings per share increased by AUD 0.44, according to the bank's CEO address dated October 14, 2026. The board declared a fully franked final dividend of AUD 2.70, taking the full-year dividend to AUD 5.05 per share, as Commonwealth Bank reported.

Three recent CBA milestones

On October 14, 2026, the bank presented FY26 cash net profit after tax of AUD 11 billion, up 7 percent, in its AGM materials, according to Commonwealth Bank. The same AGM materials set the full-year dividend at AUD 5.05 per share. On October 18, 2026, Morgan Stanley adjusted its target to AUD 125. On October 20, 2026, Commonwealth Bank opened Day 1 of its Global Markets Conference, where higher rates, artificial intelligence and energy investment shaped the discussion, according to Commonwealth Bank.

When are the next reports?

Commonwealth Bank's next interim report is scheduled for February 10, 2027, followed by the annual report on August 11, 2027, according to the company's listed calendar on Intelligent Investor. Those dates give investors the next formal checkpoints for earnings, capital distribution and management commentary.

Euro quote and investor context

The current euro quote places the stock against a fresh operating backdrop: FY26 profit growth and a AUD 5.05 full-year dividend sit alongside a Morgan Stanley target of AUD 125. The main question for the next report is whether earnings growth can continue to support shareholder distributions while analysts maintain a cautious valuation view.

Commonwealth Bank stock was trading at EUR 98.06 at Lang & Schwarz on October 21, 2026, at 10:28 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Commonwealth Bank stock.