Bell Potter keeps AUD 30.10 target for Goodman stock

Published on 10/20/2026 at 19:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 revenue hit AUD 4.06 billion, up 19.00 percent. Goodman stock costs EUR 16.59 on October 20, 2026 at Lang & Schwarz versus AUD 26.51 on ASX.

Analyst view and operating results

Bell Potter maintained a Hold rating and an AUD 30.10 target for Goodman on October 14, 2026.
Goodman reported FY26 revenue of AUD 4.06 billion, up 19.00 percent from FY25.
Goodman stock costs EUR 16.59 at Lang & Schwarz on October 20, 2026 at 7:14 p.m. CEST, while ASX stock stood at AUD 26.51.
Goodman will host its Q1 FY27 operational update on November 4, 2026.

Goodman, AU000000GMG2, Illustration mit AI erstellt.

Goodman (AU000000GMG2) remains covered by Bell Potter with a Hold rating and an AUD 30.10 price target, according to a report dated October 14, 2026. The target stands 13.54 percent above the ASX price of AUD 26.51 on October 20, 2026 at 4:34 p.m. AEDT. At Lang & Schwarz, the stock was trading at EUR 16.59 on October 20, 2026 at 7:14 p.m. CEST.

FY26 growth sets the operating backdrop

Goodman's fiscal 2026 results provide the fundamental counterweight to the cautious Bell Potter stance. Simply Wall St reported FY26 revenue of AUD 4.06 billion, up 19.00 percent from FY25, while net income rose 67.00 percent to AUD 2.78 billion. Fiscal 2026 earnings per share reached AUD 1.36, compared with AUD 0.85 a year earlier.

ASX price sits inside its yearly range

Goodman traded at AUD 26.51 on the ASX on October 20, 2026, with a market capitalization of AUD 54.5 billion. Its 52-week range was AUD 24.56 to AUD 34.78, placing the price AUD 2.05 above the low and AUD 8.27 below the high. The price-to-earnings ratio was 19.93.

November date matters for investors

Goodman lists its Q1 FY27 operational update for November 4, 2026, at 9:00 a.m. AEDT, according to the Goodman investor centre. The event follows the FY26 reporting period and gives investors a dated checkpoint for development activity, leasing and digital infrastructure progress.

Comparison with peers

Goodman: 0.88 percent higher on the day, price-to-earnings ratio 19.93, market capitalization AUD 54.5 billion. Prologis (NYSE, USD): 1.66 percent higher on October 20, 2026, price-to-earnings ratio 27.87, market capitalization USD 119.9 billion. Equinix (Nasdaq, USD): 0.86 percent higher on October 20, 2026, price-to-earnings ratio 63.41, market capitalization USD 97.1 billion.

Goodman price and next date

The Bell Potter target is AUD 3.59 above the ASX quotation, but the euro quotation remains the relevant German-market price for this report. At Lang & Schwarz, Goodman was trading at EUR 16.59 on October 20, 2026 at 7:14 p.m. CEST. The next scheduled company event is the Q1 FY27 operational update on November 4, 2026.

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