Montega lifts target for Electro Optic Systems stock to AUD 17.00

Published on 10/17/2026 at 18:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 283.00 percent to AUD 168.80 million in first-half 2026. Electro Optic Systems stock last traded at AUD 9.40 on October 16, 2026.

Analyst view and company metrics

On October 13, 2026, Montega set a AUD 17.00 target for Electro Optic Systems.
First-half 2026 revenue reached AUD 168.80 million, up 283.00 percent year over year.
Electro Optic Systems stock last traded at AUD 9.40 on October 16, 2026, up 10.07 percent versus the AUD 8.54 prior close.
The next earnings date is March 1, 2027.

Electro Optic Systems Pty, AU000000EOS8, Illustration mit AI erstellt.

Montega raised its 12-month target for Electro Optic Systems from AUD 16.00 to AUD 17.00 on October 13, 2026, according to T-Online. Against the AUD 9.40 closing price on the ASX on October 16, 2026, the target is 80.85 percent higher. Electro Optic Systems last traded at AUD 9.40 on October 16, 2026 at 4:18 p.m. AEDT, up 10.07 percent versus the AUD 8.54 prior close.

Revenue reached AUD 168.80 million

The latest reported period showed a sharp expansion in sales. First-half 2026 revenue reached AUD 168.80 million, up 283.00 percent from AUD 44.10 million in first-half 2025, while the net loss narrowed 26.00 percent to AUD 32.90 million, according to Simply Wall St on October 16, 2026. The same report listed a first-half loss of AUD 0.17 per share, compared with AUD 0.24 in the prior-year period.

Stock remains below its yearly high

The ASX close of AUD 9.40 stood between the 52-week low of AUD 4.27 and the high of AUD 12.91 on October 16, 2026. That leaves the stock 27.19 percent below its yearly high and 120.14 percent above its yearly low. The one-day gain came with volume of 2,720,295 shares, against an average volume of 2,887,813 shares.

Valuation and next earnings date

Electro Optic Systems had a market capitalization of AUD 2.1 billion and a trailing P/E ratio of minus 29.38 on October 16, 2026. The company paid no dividend yield in the quoted period. TradingView lists March 1, 2027 as the next earnings date for Electro Optic Systems Holdings Limited, a scheduled date that gives investors the next formal checkpoint for the post-contract financial picture.

Comparison with peers

Electro Optic Systems Pty (ASX, AUD): plus 10.07 percent, P/E minus 29.38, market capitalization AUD 2.1 billion
DroneShield (ASX, AUD): plus 9.86 percent, P/E minus 46.29, market capitalization AUD 1.4 billion
Austal (ASX, AUD): plus 2.86 percent, P/E minus 30.70, market capitalization AUD 1.7 billion

Target distance reaches 80.85 percent

Montega's revised AUD 17.00 target sits materially above the latest ASX close, while the latest half-year revenue figure shows why forecasts have moved higher. The counterweight is profitability: the company remained loss-making in first-half 2026, and its negative trailing P/E reflects that earnings profile.

The last available price was AUD 9.40 on the ASX on October 16, 2026 at 4:18 p.m. AEDT, up 10.07 percent versus the prior close of AUD 8.54.