Morgan Stanley maintains Sell rating on Origin Energy stock at AUD 10.33

Published on 10/20/2026 at 19:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Origin posted AUD 7.5 billion quarterly revenue on June 30, 2026. Origin Energy stock costs EUR 7.49 on October 20, 2026, versus AUD 12.05 on ASX.

Analyst views and key dates

Morgan Stanley maintained a Sell rating and set an AUD 10.33 target on October 14, 2026.
Origin reported AUD 7.5 billion quarterly revenue and AUD 1.02 billion net profit for the quarter ended June 30, 2026.
Origin Energy stock was trading at EUR 7.49 at Lang & Schwarz on October 20, 2026 at 7:09 p.m. CEST.
Origin Energy's next quarterly report is scheduled for October 30, 2026.

Origin, AU000000ORG5, Illustration mit AI erstellt.

Origin Energy (AU000000ORG5) is facing a divided analyst view after Morgan Stanley maintained a Sell rating and set an AUD 10.33 price target on October 14, 2026, according to The Globe and Mail. The target is 14.27 percent below Origin Energy's ASX price of AUD 12.05 on October 20, 2026. Origin Energy was trading at EUR 7.49 at Lang & Schwarz on October 20, 2026 at 7:09 p.m. CEST.

Analysts split over valuation

Morgan Stanley's target contrasts with UBS, which maintained a Buy rating and set an AUD 13.35 target on October 12, 2026, as Markets Insider reported. The difference between AUD 10.33 and AUD 13.35 is AUD 3.02, leaving the two views on opposite sides of Origin Energy's October 20 ASX price.

Quarterly figures set the baseline

The latest reported quarter ended June 30, 2026. Origin posted AUD 7.5 billion in revenue and AUD 1.02 billion in net profit, compared with AUD 8.4 billion in revenue and AUD 464.0 million in net profit a year earlier, according to Markets Insider. Revenue therefore fell AUD 900.0 million year over year, while net profit increased AUD 556.0 million.

What does the target imply?

The target spread matters because Origin Energy's market capitalization was AUD 20.8 billion on October 20, 2026, with a trailing P/E ratio of 13.24. Its 52-week ASX range was AUD 10.02 to AUD 12.84, placing the AUD 12.05 price AUD 0.79 below the high and AUD 2.03 above the low.

Dates and energy-market context

Origin Energy's next quarterly report is scheduled for October 30, 2026, according to the company's investor calendar. The company also released its fiscal year 2026 results on August 13, 2026, and its quarterly report for the period ended June 30, 2026, through its investor materials at Origin Energy.

Peer valuation adds a second reference point. AGL Energy traded at AUD 8.90 on October 20, 2026, with a P/E ratio of 7.95 and market capitalization of AUD 6.0 billion. Santos traded at AUD 9.26, with a P/E ratio of 28.17 and market capitalization of AUD 30.0 billion.

Stock position before the next report

The next quarterly report will test whether the June-quarter earnings mix can support the more constructive UBS view or reinforce the lower Morgan Stanley target. The stock's AUD 10.02 to AUD 12.84 annual range leaves both analyst positions within the recent trading band.

Origin Energy was trading at EUR 7.49 at Lang & Schwarz on October 20, 2026 at 7:09 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Origin Energy stock.