Five analysts set NZD 6.23 target for Meridian Energy stock

Published on 10/15/2026 at 20:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The annual meeting is set for October 20, 2026. Meridian Energy stock costs EUR 2.82 on October 15, 2026 at 8:11 p.m. CEST after hours.

Analyst target and annual meeting

Five analysts set a consensus target of NZD 6.23 on October 7, 2026.
Meridian Energy's annual shareholder meeting is scheduled for October 20, 2026.
Meridian Energy stock costs EUR 2.82 at Lang & Schwarz on October 15, 2026 at 8:11 p.m. CEST.
Meridian Energy's price-to-earnings ratio is 113.08 as of October 15, 2026.

Meridian Energy, NZMELE0002S7, Illustration mit AI erstellt.

Five analysts put Meridian Energy's 12-month consensus target at NZD 6.23 on October 7, 2026, according to Investing.com. Against the NZX price of NZD 5.62 on October 15, 2026, that target is 10.85 percent higher. Meridian Energy stock was trading at EUR 2.82 at Lang & Schwarz on October 15, 2026 at 8:11 p.m. CEST.

Annual meeting set for October 20

Meridian Energy's annual shareholder meeting is scheduled for October 20, 2026. The company announced the hybrid meeting in a notice dated September 18, 2026, published on its investor website.

The meeting follows the company's fiscal year 2026 result. Simply Wall St reports revenue of NZD 3.88 billion, down 20.00 percent from fiscal year 2025, while net income reached NZD 130.00 million after a NZD 452.00 million loss in fiscal year 2025. Earnings per share came to NZD 0.049.

Price position and trading range

The NZX share price stood at NZD 5.62 on October 15, 2026, up 2.37 percent on the session. Meridian Energy's 52-week range was NZD 5.16 to NZD 6.04, placing the latest NZX price NZD 0.42 below the high and NZD 0.46 above the low.

The euro quotation was EUR 2.82 in after-hours trading at Lang & Schwarz at 8:11 p.m. CEST. The bid was EUR 2.72 and the ask was EUR 2.92. The figures give German investors a separate euro view of the New Zealand-listed stock.

Valuation and shareholder date

Meridian Energy's market capitalization was NZD 14.9 billion on October 15, 2026, and its price-to-earnings ratio was 113.08. The annual meeting on October 20 is the next dated corporate event identified in the investor calendar.

Comparison with peers

Meridian Energy: plus 2.37 percent, P/E 113.08, market capitalization NZD 14.9 billion

Contact Energy (NZX, NZD): plus 2.44 percent, P/E 20.98, market capitalization NZD 9.5 billion

Genesis Energy (NZX, NZD): plus 0.41 percent, P/E 31.55, market capitalization NZD 3.2 billion

What the figures mean for investors

The contrast is clear in the valuation data. Meridian Energy's P/E of 113.08 stands well above Contact Energy's 20.98 and Genesis Energy's 31.55, while Meridian's market value is larger than either peer. The NZD 6.23 consensus target provides a dated benchmark, but the target and the euro quote use different currencies and should be read separately.

Meridian Energy stock in euros

Meridian Energy's euro quotation was EUR 2.82 at Lang & Schwarz on October 15, 2026 at 8:11 p.m. CEST, with the quote in after-hours trading and the NZX session already closed.

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