Northern Star stock: UBS sets AUD 31.10 target for Northern Star stock

Published on 10/22/2026 at 20:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June-quarter revenue was AUD 4.21 billion and net profit AUD 949.90 million. Northern Star stock costs EUR 15.05 on October 22, 2026 at 8:27 p.m. CEST.

Analyst target and operating figures

UBS set an AUD 31.10 target and kept its Buy rating on October 21, 2026.
June-quarter revenue reached AUD 4.21 billion and net profit was AUD 949.90 million.
Northern Star stock costs EUR 15.05 at Lang & Schwarz on October 22, 2026 at 8:27 p.m. CEST.
The annual general meeting is scheduled for November 18, 2026.

Northern Star, AU000000NST8, Illustration mit AI erstellt.

Northern Star Resources stock: UBS maintained a Buy rating and set an AUD 31.10 price target on October 21, 2026, according to Markets Insider. The target is 25.45 percent above the AUD 24.79 last price on the ASX on October 22, 2026 at 4:11 p.m. AEDT. At Lang & Schwarz, the stock was trading at EUR 15.05 on October 22, 2026 at 8:27 p.m. CEST.

Revenue and earnings set the base

Northern Star reported June-quarter revenue of AUD 4.21 billion and net profit of AUD 949.90 million, compared with AUD 3.55 billion of revenue and AUD 833.30 million of net profit a year earlier, according to Markets Insider. Revenue therefore rose 18.59 percent year over year, while net profit increased 14.00 percent.

The latest September quarter report showed gold sales of 363,891 ounces and an all-in sustaining cost of AUD 3,217 per ounce. Net mine cash flow was AUD 210 million for the quarter, while group underlying free cash flow was negative AUD 31 million, including AUD 113 million in corporate tax payments, according to Northern Star.

Stock position and valuation

The ASX price of AUD 24.79 sits AUD 7.17 above the 52-week low of AUD 17.07 and AUD 7.17 below the 52-week high of AUD 31.96, based on the October 22, 2026 quote. Northern Star's market capitalization was AUD 35.3 billion and its price-to-earnings ratio was 21.37 on the same date.

For comparison, Evolution Mining last traded at AUD 11.84 on the ASX on October 22, 2026, with a price-to-earnings ratio of 16.22 and market capitalization of AUD 24.2 billion. Regis Resources last traded at AUD 6.38 on the ASX on the same date, with a price-to-earnings ratio of 6.79 and market capitalization of AUD 4.8 billion.

What date comes next?

Northern Star's annual general meeting is scheduled for November 18, 2026, at 1:30 p.m. AWST, according to the September quarterly report. The company also paid its FY26 final dividend of AUD 0.30 per share on October 15, 2026.

Target leaves room above the price

UBS's AUD 31.10 target implies 25.45 percent upside from the ASX price of AUD 24.79, although the rating and target describe an analyst view rather than a forecast from the company. The valuation remains tied to production execution, cost control and the expansion of the KCGM processing facility.

The stock was trading at EUR 15.05 at Lang & Schwarz on October 22, 2026 at 8:27 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Northern Star stock.