Citi keeps AUD 19.00 target for Seek stock, 45.3 percent above price
Published on 10/17/2026 at 22:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and upcoming results
- Citi maintained a AUD 19.00 target for Seek on October 15, 2026.
- Adjusted fiscal 2026 profit reached AUD 199.10 million, up 28.00 percent.
- Seek stock was last at AUD 13.08 on October 16, 2026, up 0.46 percent on the ASX.
- TradingView lists February 22, 2027 as the next earnings date.
On October 15, 2026, Citi analyst Siraj Ahmed maintained a Buy rating on Seek with a AUD 19.00 price target, according to Markets Insider. The target is 45.26 percent above Seek's AUD 13.08 last price. Seek was last at AUD 13.08 on October 16, 2026 at 4:10 p.m. AEDT on the ASX, up 0.46 percent on the day.
Profit grew in fiscal 2026
Seek's latest reported operating figures provide the counterweight to the analyst view. Adjusted profit reached AUD 199.10 million in fiscal 2026, up 28.00 percent, while sales revenue rose 17.00 percent to AUD 1.2842 billion, according to Simply Wall Street on September 27, 2026. The same report recorded a statutory loss of AUD 371.30 million, reflecting impairment charges and investment losses.
Price sits above yearly low
The ASX price was 20.44 percent above its AUD 10.86 52-week low and 53.62 percent below its AUD 28.20 high on October 16, 2026. Trading volume was 1,645,858 shares, 1.51 percent below the 1,671,067-share average.
Valuation and next results
Seek's market capitalization was AUD 4.7 billion on October 16, 2026, while its trailing dividend yield was 4.00 percent. SEEK identifies the Australian Securities Exchange as its listing venue under ticker SEK. TradingView lists February 22, 2027 as the next earnings date.
Comparison with peers
Seek: plus 0.46 percent, dividend yield 4.00 percent, market capitalization AUD 4.7 billion.
REA Group (ASX, AUD): plus 3.13 percent, P/E 38.53, market capitalization AUD 21.1 billion.
CAR Group (ASX, AUD): plus 3.57 percent, P/E 28.67, market capitalization AUD 9.0 billion.
Market position and valuation
Seek's 52-week position leaves the stock materially below its high despite the latest earnings growth. The analyst target therefore points to a different reading from the price chart, but the comparison with REA Group and CAR Group also shows that Seek trades with a negative trailing earnings multiple while peers remain profitable on that measure.
Trading levels for investors
The Australian listing closed its week with a modest daily gain, while the longer-term range remains the stronger signal. The next scheduled earnings date on February 22, 2027 gives investors a defined checkpoint for testing revenue growth, adjusted profit and the assumptions behind the AUD 19.00 target.
Seek stock at a glance
- Company: SEEK Limited
- ISIN: AU000000SEK6
- Ticker: SEK
- Primary exchange: ASX
- Price on ASX: AUD 13.08 (last at October 16, 2026, 4:10 p.m. AEDT)
- Daily change: plus 0.46 percent on October 16, 2026
- Market capitalization: AUD 4.7 billion (as of October 16, 2026)
- 52-week range: AUD 10.86-AUD 28.20 (as of October 16, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Next earnings date: February 22, 2027
Market context: Market report S&P/ASX 200.
