Morgan Stanley sets AUD 7.05 target for Iluka stock

Published on 10/20/2026 at 19:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mineral sands revenue was AUD 433 million in first-half 2026. Iluka stock costs EUR 3.24 on October 20, 2026, with ASX shares at AUD 5.19.

Analyst target and reporting date

Morgan Stanley maintained a Buy rating for Iluka Resources on October 12, 2026.
Mineral sands revenue reached AUD 433 million in first-half 2026.
Iluka stock costs EUR 3.24 at Lang & Schwarz on October 20, 2026 at 6:51 p.m. CEST, while the ASX quote stood at AUD 5.19.
Iluka Resources is scheduled to report third-quarter 2026 results on October 28, 2026.

Iluka, AU000000ILU1, Illustration mit AI erstellt.

Iluka Resources stock has a fresh analyst reference point after Morgan Stanley maintained a Buy rating and set a target of AUD 7.05 on October 12, 2026, according to Markets Insider. That target stood 35.84 percent above the ASX quote of AUD 5.19 on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 3.24 on October 20, 2026 at 6:51 p.m. CEST.

Revenue falls as cash flow improves

Iluka's first-half 2026 mineral sands revenue reached AUD 433 million, down 22.00 percent from AUD 558 million a year earlier, Kapitales Research reported on September 21, 2026. Operating cash flow nevertheless increased to AUD 247 million from AUD 115 million in the prior-year period, while the company posted a net loss after tax of AUD 24 million compared with a AUD 92 million profit.

Stock sits above its yearly low

The ASX quote of AUD 5.19 on October 20, 2026 was AUD 0.27 above Iluka's 52-week low of AUD 4.92 and AUD 3.50 below its 52-week high of AUD 8.69. The market capitalization was AUD 2.2 billion, and the negative price-to-earnings ratio was 5.49. The 52-week range places the share price near the lower end of its annual band.

Results date gives the next checkpoint

Simply Wall St lists October 28, 2026 as Iluka's next reporting date for third-quarter 2026 results. The same source shows first-half 2026 revenue of AUD 455.9 million, a loss per share of AUD 0.056 and a net loss of AUD 23.9 million. The difference between the AUD 433 million mineral sands figure and total revenue reflects the company's wider business mix.

Comparison with peers

Iluka Resources: down 0.76 percent on the ASX, negative price-to-earnings ratio 5.49, market capitalization AUD 2.2 billion.

Lynas Rare Earths: unchanged on the ASX, price-to-earnings ratio 51.22, market capitalization AUD 11.4 billion.

Rio Tinto: down 0.43 percent on the ASX, price-to-earnings ratio 11.87, market capitalization AUD 222.0 billion.

Analyst target frames the valuation

Morgan Stanley's AUD 7.05 target provides a measurable benchmark against the AUD 5.19 ASX quote, while the next results date puts project execution and revenue trends back on the calendar. At Lang & Schwarz, the stock stood at EUR 3.24 on October 20, 2026 at 6:51 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Iluka stock.