Jefferies raises target for Sandfire Resources stock to AUD 25.50

Published on 10/13/2026 at 00:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies raised Sandfire Resources stock target to AUD 25.50 on October 12, 2026. Fiscal 2026 revenue rose 39 percent to USD 1.66 billion.

Key points in brief

Jefferies raised its Sandfire target to AUD 25.50 on October 12, 2026.
Fiscal 2026 revenue rose 39 percent to USD 1.66 billion.
Fiscal 2026 net income increased 282 percent to USD 355.8 million.
Sandfire is listed on the ASX under ticker SFR.
The next earnings date is October 27, 2026, followed by the annual meeting on October 30, 2026.

Sandfire, AU000000SFR8, Illustration mit AI erstellt.

Jefferies raised the target for Sandfire Resources stock to AUD 25.50 on October 12, 2026, according to TradingView. The target revision is the latest dated analyst action in the available coverage and puts valuation expectations above the AUD 22.79 ASX price reported for October 12, 2026.

Three milestones shape the story

On January 12, 2026, Sandfire set fiscal 2026 copper-equivalent production guidance at 149,000 to 165,000 tonnes, according to Simply Wall St. The range framed the year around production execution rather than a single output promise.

Sandfire reported fiscal 2026 revenue of USD 1.66 billion on August 26, 2026, up 39 percent from fiscal 2025, while net income rose 282 percent to USD 355.8 million, according to Simply Wall St. The comparison matters because the earnings increase was materially faster than revenue growth.

On October 12, 2026, Jefferies raised its Sandfire target to AUD 25.50, a 9 percent increase, according to TradingView. The move gives the current analyst narrative a higher valuation marker after the strong fiscal 2026 profit comparison.

What dates matter next?

Sandfire is scheduled to report its next earnings on October 27, 2026, and to hold its annual general meeting on October 30, 2026, according to Simply Wall St. Those dates give investors two near-term checkpoints for production commentary, capital allocation and the durability of the latest earnings gains.

Market value stays tied to copper execution

Sandfire had a market capitalization of AUD 10.6 billion on October 12, 2026, while its ASX 52-week range was AUD 14.41 to AUD 25.00. The AUD 25.50 Jefferies target therefore sits AUD 0.50 above the reported 52-week high, making execution at its copper operations central to the valuation debate.

The company operates in the Basic Materials sector and Copper industry, with projects spanning Australia, Spain, Botswana and the United States. Its fiscal 2026 results provide the strongest quantified comparison in this article: revenue rose 39 percent, while net income increased 282 percent.

Sandfire's last Lang & Schwarz indication was EUR 14.06 on October 12, 2026 at 11:00 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sandfire Resources stock.