Bell Potter downgrades Seek stock from Buy to Hold
Published on 10/05/2026 at 15:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Seek stock (AU000000SEK6) stood at EUR 7.38 at Lang & Schwarz on October 5, 2026 at 3:37 p.m. CEST, unchanged from the prior close of EUR 7.38. On September 22, 2026, Bell Potter Securities downgraded Seek from Buy to Hold, according to Fintel.
Fiscal 2026 delivered higher revenue
Seek reported fiscal 2026 sales revenue of AUD 1,284.2 million, up 17.00 percent from fiscal 2025, while EBITDA rose 15.00 percent to AUD 529.9 million. Adjusted profit increased 28.00 percent to AUD 199.1 million, but the statutory result was a loss of AUD 371.3 million, according to Simply Wall St.
The comparison matters because the adjusted figures show operating growth while the statutory loss reflects impairment charges and investment losses described in the same fiscal 2026 review. For investors, the central question is whether higher advertising yields can offset weaker job-ad volumes.
Fiscal 2027 guidance stays near fiscal 2026
Seek's fiscal 2027 guidance sets revenue at AUD 1,210.0 million to AUD 1,280.0 million and EBITDA at AUD 530.0 million to AUD 580.0 million. The EBITDA range overlaps fiscal 2026's AUD 529.9 million result, pointing to a year of limited earnings expansion at the midpoint, according to Simply Wall St.
Analyst sentiment has therefore become more cautious. The September 1, 2026 recommendation count cited by Fintel included 4 strong buys, 8 buys and 5 holds among 17 recommendations, compared with 5 strong buys, 9 buys and 3 holds in the August 1, 2026 period.
Seek stock holds at EUR 7.38
Seek stock was trading at EUR 7.38 at Lang & Schwarz on October 5, 2026 at 3:37 p.m. CEST, unchanged from the prior close of EUR 7.38 on October 2, 2026. The company is listed on the Australian Securities Exchange under ticker SEK, and its market capitalization was AUD 4.2 billion on October 5, 2026.
Seek stock facts
- Company: Seek Limited
- ISIN: AU000000SEK6
- Ticker: SEK
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 5, 2026, 3:37 p.m. CEST): EUR 7.38
- Change versus prior close: plus 0.00 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 7.38
- Market capitalization: AUD 4.2 billion (as of October 5, 2026)
- 52-week range: AUD 10.86-28.71 (as of October 5, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
