Ord Minnett sets AUD 89.00 target for Wesfarmers stock

Published on 10/16/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wesfarmers stock costs EUR 49.04 on October 16, 2026. Fiscal 2026 revenue rose 3.4 percent to AUD 47.3 billion.

Broker target and operating figures

Ord Minnett assigned Wesfarmers an AUD 89.00 target on October 14, 2026.
Fiscal 2026 revenue reached AUD 47.3 billion after 3.4 percent growth.
Wesfarmers stock was trading at EUR 49.04 at 10:09 a.m. CEST on October 16, 2026.
The next earnings report is scheduled for February 17, 2027.

Wesfarmers, AU000000WES1, Illustration mit AI erstellt.

Wesfarmers (ISIN AU000000WES1) stock was trading at EUR 49.04 at Lang & Schwarz on October 16, 2026, at 10:09 a.m. CEST. According to Markets Insider on October 14, 2026, Ord Minnett assigned Wesfarmers a Buy rating and an AUD 89.00 price target.

The target rests on earnings resilience

Wesfarmers reported fiscal 2026 revenue of AUD 47.3 billion, up 3.4 percent, while net profit fell 1.8 percent to AUD 2.9 billion, according to The Motley Fool Australia on October 2, 2026. The combination points to a mixed operating picture: sales continued to expand, but lower profit makes the valuation case more dependent on future earnings growth.

The same report said Jarden maintained a Buy rating and an AUD 83.20 target on October 1, 2026. Ord Minnett's AUD 89.00 target therefore sits AUD 5.80 above Jarden's published level, although the two recommendations came from separate reports and are not identical forecasts.

What changed over the past year?

Wesfarmers' recent chronology includes Jarden's AUD 83.20 target on October 1, 2026, the issue of 93 shares to director Bill English under the dividend investment plan on October 7, 2026, and Ord Minnett's AUD 89.00 target on October 14, 2026. The director transaction was reported by AWP Alliance News on October 12, 2026, while the two analyst actions were reported by Markets Insider.

Which dates matter next?

The next explicitly listed earnings date is February 17, 2027, according to TradingView. The company also listed a September 30, 2026 dividend and distribution update among its investor-centre notices, giving the latest reporting cycle a clear shareholder-return context.

Stock price and valuation context

Wesfarmers was last quoted at AUD 79.31 on the ASX at 4:10 p.m. AEDT on October 16, 2026. Its market capitalization was AUD 90.0 billion, while the 52-week range stood at AUD 70.80 to AUD 94.70. For investors, the central tension is visible in the figures: fiscal 2026 revenue grew 3.4 percent, but net profit declined 1.8 percent.

Wesfarmers was trading at EUR 49.04 at Lang & Schwarz on October 16, 2026, at 10:09 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Wesfarmers stock.