Jefferies target AUD 6.00 leaves New Hope Coal stock 2.74 percent below

Published on 10/17/2026 at 21:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for November 16, 2026. New Hope Coal stock was last at AUD 5.84 on October 16, 2026, up 2.28 percent on ASX.

Analyst view and trading date

On October 12, 2026, Jefferies kept a Hold rating and a AUD 6.00 target for New Hope.
For fiscal year 2026, revenue was AUD 1,766.5 million and net profit was AUD 161.0 million.
New Hope Coal stock was last at AUD 5.84 on October 16, 2026 at 3:10 p.m. AEST, up 2.28 percent on the ASX.
The next earnings release is scheduled for November 16, 2026.

New Hope Coal, AU000000NHC7, Illustration mit AI erstellt.

Jefferies analyst Daniel Roden maintained a Hold rating and set a AUD 6.00 target for New Hope Corporation on October 12, 2026, according to Business Insider. The target was 2.74 percent above the AUD 5.84 last price on October 16, 2026. New Hope Coal stock was last at AUD 5.84 on the ASX at 3:10 p.m. AEST, up 2.28 percent from AUD 5.71.

Operating results set the baseline

New Hope's fiscal year ended July 31, 2026, with statutory revenue of AUD 1,766.5 million and net profit after tax of AUD 161.0 million. FilingReader reported that net profit fell 63.40 percent, while underlying EBITDA declined 32.80 percent to AUD 514.3 million.

Production provided a counterweight. Saleable coal output rose 7.60 percent to 11.5 million tonnes, and sales increased 11.80 percent to 11.8 million tonnes in fiscal year 2026. The result leaves volume growth competing with lower realized prices and higher unit costs.

Price position stays below the yearly high

The AUD 5.84 last price stood 11.65 percent below the 52-week high of AUD 6.61 and 54.91 percent above the low of AUD 3.77. Trading volume was 3,562,137 shares, 36.41 percent above the average volume of 2,611,367 shares.

Valuation and the next date

New Hope had a market capitalization of AUD 4.9 billion and a P/E ratio of 30.75 as of October 16, 2026. The scheduled earnings release on November 16, 2026, is listed by MarketScreener as the next reporting event.

Comparison with peers

New Hope Coal (ASX, AUD): plus 2.28 percent, P/E 30.75, market capitalization AUD 4.9 billion

Whitehaven Coal (ASX, AUD): plus 1.89 percent, P/E 15.93, market capitalization AUD 6.2 billion

Yancoal Australia (ASX, AUD): plus 1.02 percent, P/E 26.69, market capitalization AUD 7.9 billion

Trading status and outlook date

New Hope Group operates the Bengalla and New Acland coal mines and associated logistics assets in Australia, with coal primarily exported to Asian customers, according to New Hope Group. The next scheduled report on November 16, 2026, will provide the next dated operating update.