Analysts cut target for Worley stock to AUD 14.50

Published on 10/07/2026 at 03:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 EPS fell to AUD 0.47 from AUD 0.78. Worley stock's prior close was EUR 5.95 on October 6, 2026.

Worley, AU000000WOR2, Illustration mit AI erstellt.

Analysts cut the average target for Worley stock to AUD 14.50 from AUD 16.37 in an October 6, 2026 update by Simply Wall St. The revision puts valuation and margin assumptions at the center of the debate after a weaker fiscal 2026.

Target cut follows weaker earnings

Simply Wall St said fiscal 2026 earnings per share fell to AUD 0.47 from AUD 0.78 in fiscal 2025, a decline of 39.74 percent. Revenue was AUD 10.70 billion in the same fiscal year, down 4.60 percent from AUD 11.22 billion.

Worley's full-year presentation gave a broader operating view. In the fiscal year ended June 30, 2026, aggregated revenue was AUD 12.00 billion, underlying EBITA was AUD 734 million and bookings reached AUD 15.50 billion, according to the company's earnings-call transcript carried by Yahoo Finance on August 26, 2026.

Backlog supports the next recovery

The same transcript showed a AUD 13.80 billion backlog at June 30, 2026, with 62.00 percent expected to be delivered in fiscal 2027. That compares with AUD 16.70 billion at the half-year stage, reflecting project execution, timing and currency effects rather than a simple loss of demand.

Management also pointed to normalized cash conversion of 93.60 percent and a leverage ratio of 1.80 times at June 30, 2026. For the current fiscal year, Worley expects mid to high single-digit growth in revenue and underlying EBITA, while the full-year results described the Middle East conflict as a AUD 58 million earnings impact.

Prior close sets the euro reference

Worley's primary listing is on the ASX under ticker WOR, where the finance quote showed a market capitalization of AUD 4.9 billion and a 52-week range of AUD 9.42 to AUD 14.62 as of October 7, 2026. On October 6, 2026, the Lang & Schwarz prior close was EUR 5.95.

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