Morgans cuts target for Deep Yellow stock to AUD 1.50

Published on 10/20/2026 at 20:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Four Buy-equivalent ratings support AUD 1.93. Deep Yellow stock costs EUR 0.47 on October 20, 2026, while ASX DYL closed at AUD 0.73.

Analyst target and valuation

Morgans cut its Deep Yellow target from AUD 1.95 to AUD 1.50 on October 20, 2026.
FNArena reported four Buy-equivalent ratings and a consensus target of AUD 1.93 on October 20, 2026.
Deep Yellow stock costs EUR 0.47 at Lang & Schwarz on October 20, 2026 at 10:22 p.m. CEST, while ASX DYL closed at AUD 0.73.

Deep Yellow, AU000000DYL4, Illustration mit AI erstellt.

Deep Yellow (ISIN AU000000DYL4) faces a lower broker valuation after Morgans cut its target from AUD 1.95 to AUD 1.50. FNArena reported the change on October 20, 2026, while four Buy-equivalent ratings supported a consensus target of AUD 1.93. Deep Yellow stock was trading at EUR 0.47 at Lang & Schwarz on October 20, 2026 at 10:22 p.m. CEST.

Broker target moves lower

The Morgans target represents a cut of AUD 0.45, or 23.08 percent, from AUD 1.95 to AUD 1.50. The broker retained a Speculative Buy rating, according to FNArena's October 20, 2026 report.

FNArena said the consensus target fell to AUD 1.93 from AUD 2.05 after the latest broker changes. The revised consensus was backed by four Buy-equivalent ratings, giving investors a quantified view of how research expectations compare with the current Australian quotation.

ASX quote near its yearly low

Deep Yellow closed at AUD 0.73 on the ASX on October 20, 2026 at 4:10 p.m. AEDT. The same quotation was the company's 52-week low, while the 52-week high was AUD 2.97, placing the stock AUD 2.24 below its high.

The Australian quotation carried a market capitalization of AUD 716.2 million on October 20, 2026. Its price-to-earnings ratio was 54.04, a valuation measure that remains sensitive to the timing of uranium project development and future funding decisions.

What does the target change signal?

The target cut puts financing and project execution alongside uranium-market exposure in the valuation discussion. It does not remove the broker's positive rating, but the AUD 0.45 reduction shows that the updated assessment assigns less value to the near-term development path.

Deep Yellow is an Australian uranium company developing projects led by Tumas in Namibia. Current civil and concrete works at Tumas remain a key operational marker, while the company continues to prepare an updated project value case, as reported by SureStone Capital on October 16, 2026.

Deep Yellow valuation in view

The distance between the AUD 0.73 ASX close and the AUD 1.50 Morgans target remains large, but the target itself is lower than the previous AUD 1.95 level. The EUR 0.47 Lang & Schwarz quotation gives German investors a separate euro view of the same company.

Deep Yellow was trading at EUR 0.47 at Lang & Schwarz on October 20, 2026 at 10:22 p.m. CEST. On the ASX, the stock closed at AUD 0.73 on October 20, 2026 at 4:10 p.m. AEDT. The further course of trading is shown by the continuously updated real-time quote of Deep Yellow stock.