Jefferies keeps Buy rating for REA Group stock at A$194.00

Published on 10/05/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

REA Group stock costs EUR 96.00 on October 5, 2026 after EUR 95.50. Fiscal 2026 revenue reached A$1.98 billion from A$1.77 billion.

REA Group, AU000000REA9, Illustration mit AI erstellt.

REA Group stock (ISIN AU000000REA9) was trading at EUR 96.00 at Lang & Schwarz on October 5, 2026 at 11:06 a.m. CEST, up 0.52 percent versus the prior close of EUR 95.50. On September 30, 2026, Jefferies analyst Roger Samuel maintained a Buy rating and set an A$194.00 price target, as Markets Insider reported.

Distilled deal adds a new market

On September 28, 2026, REA Group agreed to acquire a 35.00 percent interest in Distilled, the Irish owner of Daft.ie, for A$409.0 million. The transaction will be funded with debt and existing cash, remains subject to regulatory approvals, and is expected to complete before the end of 2026, according to Business Wire.

Distilled generated EUR 72.4 million of revenue and EUR 43.3 million of adjusted last-twelve-month EBITDA as of June 2026. Its portfolio includes Daft.ie, PropertyPal, DoneDeal.ie and Adverts.ie, giving REA exposure to property and marketplace platforms across Ireland and Northern Ireland, Business Wire reported.

Profit fell despite revenue growth

REA Group reported fiscal 2026 revenue of A$1.98 billion, up from A$1.77 billion in fiscal 2025, an increase of 11.86 percent. Fiscal 2026 net profit was A$551.60 million, down 18.64 percent from A$677.90 million in fiscal 2025, according to Investing.com.

The latest quarterly comparison was mixed: revenue for the quarter ended June 30, 2026, reached A$933.5 million versus A$913.4 million a year earlier, while net profit fell to A$215.3 million from A$236.6 million. Those figures show the central investor tension clearly: REA is still expanding sales, but profit conversion is weaker, as Markets Insider reported.

Regulatory risk remains visible

On September 14, 2026, the Australian Competition and Consumer Commission accepted a court-enforceable undertaking requiring REA to remove restrictive provisions from contracts with real estate agencies. The measures give agents greater flexibility over listing options and will apply to REA operations for three years, according to the ACCC.

REA Group stock holds above EUR 95.50

REA Group stock was trading at EUR 96.00 at Lang & Schwarz on October 5, 2026 at 11:06 a.m. CEST, plus 0.52 percent versus the Lang & Schwarz prior close of EUR 95.50. The ASX quote was AUD 153.97 at 5:10 a.m. UTC on October 5, 2026, with a 52-week range of AUD 131.07 to AUD 265.98.