Nine stock falls while its November 6 AGM draws near

Published on 10/08/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine stock was last at AUD 0.66 on ASX on October 8, 2026, down 4.38 percent. FY26 continuing-business EBITDA rose 17 percent to AUD 379 million.

Nine, AU000000NEC4, Illustration mit AI erstellt.

Nine stock (ISIN AU000000NEC4) was last at AUD 0.66 on the ASX on October 8, 2026, down 4.38 percent from the previous close. The next scheduled company milestone is Nine's annual general meeting on November 6, 2026, according to Nine.

AGM sets the next checkpoint

The meeting comes after a portfolio reshaping that has placed greater weight on streaming, digital publishing and outdoor advertising. Nine's investor-relations calendar also lists H1 FY27 interim results for February 24, 2027, giving shareholders a later checkpoint for the new mix.

For the October 8 session, the stock traded between AUD 0.66 and AUD 0.68, with volume of 5,804,886 shares. Its market capitalization stood at AUD 1,038.7 million, while the 52-week range was AUD 0.65 to AUD 1.25.

FY26 growth meets execution risk

According to Yahoo Finance on August 26, 2026, Nine reported continuing-business revenue of AUD 2.2 billion and EBITDA of AUD 379 million for FY26. EBITDA increased 17 percent, while NPATA rose 11 percent to AUD 147 million, creating a quantified comparison for the upcoming AGM.

The same FY26 briefing showed a split operating picture. Stan delivered record EBITDA of AUD 81 million, up 34 percent from FY25, while Total TV EBITDA fell 12 percent to AUD 134 million as television advertising remained under pressure.

Management also reported net debt of AUD 658 million at June 30, 2026, equal to leverage of 1.7 times. That balance matters because growth from Stan and QMS must offset the execution burden created by a softer broadcast market and the integration of the outdoor advertising business.

Analyst target stays above the market

According to Motley Fool Australia on October 6, 2026, four analysts covered Nine in the previous three months, with three Buy ratings and one Hold. Their average price target was AUD 1.11, which lies 68.2 percent above the October 8 price of AUD 0.66.

The comparison is wide rather than decisive: Nine's stock was 47.2 percent below its 52-week high of AUD 1.25 on October 8. For investors, the AGM is therefore a useful test of whether the growth assets can convert FY26 operating gains into sustained FY27 performance.

Nine stock trades near its yearly low

Nine stock was last at AUD 0.66 on the ASX on October 8, 2026, at 4:10 p.m. AEDT. The price was AUD 0.01 above the 52-week low of AUD 0.65 and AUD 0.59 below the 52-week high of AUD 1.25.