Morgans sets AUD 26.52 target for Orica stock

Published on 10/15/2026 at 22:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Orica's results are due November 12, 2026. Orica stock costs EUR 14.00 on October 15, 2026 at 10:35 p.m. CEST, down 1.28 percent on the ASX.

Morgans target guides valuation

Morgans assigned an AUD 26.52 target to Orica on October 8, 2026.
Orica's fiscal 2026 results are scheduled for November 12, 2026.
Orica stock costs EUR 14.00 at Lang & Schwarz on October 15, 2026 at 10:35 p.m. CEST, down 1.28 percent on the ASX.
Orica's price-to-earnings ratio is 44.13.

Orica, AU000000ORI1, Illustration mit AI erstellt.

Morgans assigned Orica an AUD 26.52 12-month price target and an Accumulate rating in a note reported on October 8, 2026. The target stands 18.13 percent above Orica's ASX price of AUD 22.45 on October 15, 2026. According to The Motley Fool Australia, the broker also cited higher North American sourcing costs and other operating factors in its forecast work. Orica stock was at EUR 14.00 at Lang & Schwarz on October 15, 2026 at 10:35 p.m. CEST, down 1.28 percent on the ASX.

Results date anchors the calendar

Orica is scheduled to report its fiscal 2026 results on November 12, 2026. The date is stated in the same Morgans coverage, which also puts the group's current valuation in the context of its materials exposure and operating execution.

Price sits inside the yearly range

On the ASX, Orica last stood at AUD 22.45 on October 15, 2026, down AUD 0.29, or 1.28 percent, from AUD 22.74. The stock's 52-week range was AUD 18.58 to AUD 26.47, putting the latest home-market price 15.24 percent below the high and 20.83 percent above the low. Trading volume was 1,143,131 shares against an average of 1,276,571.

Orica's latest reported first-half fiscal 2026 figures included EBIT of AUD 512.00 million and underlying net profit after tax of AUD 283.10 million, according to Simply Wall St. Underlying net profit after tax was 8.00 percent higher than the comparable period, giving the November report a clear earnings benchmark.

Valuation remains the key comparison

Orica's market capitalization was AUD 10.4 billion and its price-to-earnings ratio was 44.13 on October 15, 2026. Its dividend yield was 0.03 percent. The scheduled results date and Morgans target give investors two concrete markers for judging whether earnings delivery can support the current multiple.

Comparison with peers

Orica (ASX, AUD): minus 1.28 percent, P/E 44.13, market capitalization AUD 10.4 billion.

BHP Group (ASX, AUD): minus 4.70 percent, P/E 20.79, market capitalization AUD 294.8 billion.

Rio Tinto (ASX, AUD): minus 4.85 percent, P/E 12.21, market capitalization AUD 220.3 billion.

Market position and next date

Orica trades on the ASX under ticker ORI and is part of the S&P/ASX 200 materials segment. The next scheduled corporate date is November 12, 2026, when fiscal 2026 results are due. Orica stock was trading at EUR 14.00 at Lang & Schwarz on October 15, 2026 at 10:35 p.m. CEST, down 1.28 percent on the ASX. The further course of trading is shown by the continuously updated real-time quote of Orica stock.