EVT stock heads toward its October 23 AGM

Published on 10/08/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EVT stock was last at AUD 14.34 on October 8, 2026, while the company prepares for its October 23 AGM. Fiscal 2026 revenue rose 6.3 percent.

EVT, AU000000EVT1, Illustration mit AI erstellt.

EVT stock (ISIN AU000000EVT1) was last at AUD 14.34 on the ASX on October 8, 2026, up 1.34 percent from AUD 14.15. According to EVT, the company will hold its annual general meeting on October 23, 2026, giving shareholders the next formal checkpoint for its hotels, entertainment and travel strategy.

AGM brings strategy into view

The AGM follows EVT's fiscal 2026 results and is scheduled to include an update on Thredbo's earnings range after the winter season, according to the company's investor calendar. Management described hotels as the group's priority growth platform during the fiscal 2026 earnings call, while the broader portfolio also includes cinemas, resorts and property assets.

The upcoming meeting matters because EVT is balancing operating growth with capital allocation. The company reported that its property portfolio was valued at AUD 2.25 billion as of June 30, 2026, while its capital recycling program identified AUD 800 million of non-core assets for potential divestment, according to Yahoo Finance.

FY2026 growth has two speeds

EVT's normalized revenue reached AUD 1.3 billion in fiscal 2026, up 6.3 percent from the prior year, while normalized EBITDA rose 8.4 percent to AUD 174.4 million. The comparison shows stronger operating momentum than the headline revenue increase alone suggests.

Reported net profit after tax was AUD 50.7 million in fiscal 2026, an increase of AUD 17.3 million from the prior year, according to Yahoo Finance. Within the operating mix, entertainment EBITDA increased 45.8 percent, while hotel RevPAR rose 2.8 percent to AUD 184, showing that the group is relying on both cinema execution and hotel expansion.

Consensus stays above the quote

Analyst coverage remains constructive. Investing.com lists six analysts with five Buy ratings, one Hold and zero Sell ratings, producing a Buy consensus and an average 12-month price target of AUD 16.00. Against the AUD 14.34 last price, that target is AUD 1.66 higher, or 11.6 percent above the quote.

The published target range runs from AUD 13.70 to AUD 17.55. That spread leaves the AGM and the delivery of the hotel-led growth plan as the key checkpoints for how the market weighs EVT's stronger earnings against execution risks in resorts and property recycling.

EVT stock trades above its yearly low

EVT was last at AUD 14.34 on the ASX at 3:10 p.m. AEDT on October 8, 2026. The session range was AUD 14.14 to AUD 14.38, the 52-week range was AUD 11.22 to AUD 16.15, market capitalization was AUD 2.3 billion, and volume was 117,018 shares.