Accent Group stock holds after Morgan Stanley repeats Hold

Company: Accent Group Ltd
ISIN: EGS32221C011
Ticker: AX1
Trading venue: ASX
Sector / Industry: Consumer Cyclical / Footwear and Accessories
Index membership: Not in a major benchmark index

Published on 09/21/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley kept Accent Group stock at Hold and A$0.75 on September 21, 2026. TipRanks also cited A$0.76 consensus and June quarter revenue of A$720.44 million.

ACGC, EGS32221C011, Illustration mit AI erstellt.

Accent Group Ltd stock (EGS32221C011) traded after Morgan Stanley kept a Hold rating and a A$0.75 target on September 21, 2026, while TipRanks said the Street average target was A$0.76.

Broker view stays cautious

According to TipRanks on September 21, 2026, Morgan Stanley analyst Mac Ross kept Hold on Accent Group Ltd and set a price target of A$0.75. TipRanks also said the Street average target was A$0.76, a difference of A$0.01.

June quarter still matters

TipRanks said Accent Group's latest earnings release for the quarter ending June 30, 2026, showed revenue of A$720.44 million and a GAAP net loss of A$41.85 million. The same source said revenue was A$697.6 million a year earlier and net profit was A$10.48 million, so revenue rose 3.3 percent while profit swung to a loss.

That comparison is the key point for investors: sales improved, but the bottom line moved from A$10.48 million profit to A$41.85 million loss in the June quarter.