Analysts cut target for Seek stock from AUD 13.75 to AUD 13.00

Published on 10/07/2026 at 06:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Seek guides fiscal 2027 revenue to AUD 1.21-AUD 1.28 billion. For Seek stock, an AUD 0.25 interim dividend was paid October 1, 2026.

Seek, AU000000SEK6, Illustration mit AI erstellt.

Analysts cut the target for Seek stock from AUD 13.75 to AUD 13.00 in an update shared on September 22, 2026, as Simply Wall St reported. The revision leaves the target AUD 1.75 below its previous level and puts valuation assumptions, rather than a new corporate transaction, at the center of the stock story.

Fiscal 2026 growth met a weaker balance sheet

SEEK's fiscal 2026 sales revenue reached AUD 1.2842 billion, up 17 percent from the prior year, while adjusted profit rose 28 percent to AUD 199.1 million, according to Simply Wall St on September 27, 2026. Free cash flow increased 21 percent to AUD 246.0 million, but the statutory result was a AUD 371.3 million loss after a AUD 356 million impairment of the Zhaopin investment and losses in the SEEK Growth Fund.

The split between adjusted and statutory results is important for investors. SEEK generated operating growth, yet the balance-sheet charges keep the equity story dependent on capital allocation and the value of non-core investments.

Fiscal 2027 guidance sets the test

Management's fiscal 2027 guidance calls for revenue of AUD 1.21 billion to AUD 1.28 billion, EBITDA of AUD 530 million to AUD 580 million and adjusted profit of AUD 185 million to AUD 215 million, figures reported by Simply Wall St on September 22, 2026. The midpoint of the adjusted-profit range is AUD 200 million, almost equal to fiscal 2026 adjusted profit of AUD 199.1 million.

The operating mix adds pressure to that outlook. SEEK expects mid-single-digit volume declines in Australia and New Zealand, partly offset by 10 percent yield growth, making pricing power the main support for revenue while advertisement volumes soften.

SEEK remains an ASX-listed marketplace

SEEK is listed on the Australian Securities Exchange under ticker SEK and operates online employment marketplaces across Australia, New Zealand, Asia and other international markets. Its fiscal 2026 dividend was AUD 0.52 per share, up 13 percent from the prior year, according to Simply Wall St on September 27, 2026.

Prior close remains the euro reference

The Lang & Schwarz prior close was EUR 7.53 on October 5, 2026. On the ASX, SEEK was last quoted at AUD 12.12 on October 7, 2026 at 2:01 p.m. AEST, versus an AUD 12.11 prior close; its 52-week range was AUD 10.86 to AUD 29.84.

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