NZD 3.01 target precedes October 20 AGM for Genesis Energy stock

Published on 10/17/2026 at 19:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Genesis Energy had a NZD 3.2 billion market cap on October 16, 2026. Genesis Energy stock was NZD 2.40, down 2.83 percent versus the NZX prior close.

Analyst view and market dates

TipRanks cited a Buy rating and NZD 3.01 target for Genesis Energy on October 12, 2026.
Genesis Energy had a NZD 3.2 billion market capitalization on October 16, 2026.
Genesis Energy stock was last at NZD 2.40 on October 16, 2026 at 4:59 p.m. NZDT, down 2.83 percent versus the NZX prior close of NZD 2.47.
Genesis Energy's annual meeting is scheduled for October 20, 2026.

GNE, NZGNEE0001S7, Illustration mit AI erstellt.

TipRanks cited a Buy rating and a NZD 3.01 price target for Genesis Energy on October 12, 2026, putting the target 25.42 percent above the NZD 2.40 price. The report gives investors a valuation marker ahead of the company's October 20 annual meeting.

The target sits above price

According to The Globe and Mail, TipRanks identified the most recent analyst view as Buy with a NZD 3.01 target. Against the NZD 2.40 last price, that implies 25.42 percent upside to the target, calculated in the same currency.

The target sits alongside a market capitalization of NZD 3.2 billion as of October 16, 2026. The latest quoted price was 14.29 percent below the NZD 2.80 52-week high and 12.68 percent above the NZD 2.13 low.

Range and recent move

Genesis Energy was last at NZD 2.40 on the NZX on October 16, 2026 at 4:59 p.m. NZDT, down 2.83 percent from the prior close of NZD 2.47. The one-month move was minus 10.11 percent, while the six-month performance was plus 4.80 percent.

The latest session also put the company below its 52-week midpoint of NZD 2.47. Its market capitalization was NZD 3.2 billion, and the trailing price-to-earnings ratio was 30.65.

Valuation and coming dates

The dividend yield was 0.07 percent on October 16, 2026. The annual meeting is scheduled for October 20, 2026, according to Simply Wall St.

For investors, the main contrast is between the 25.42 percent distance to the cited target and the recent 10.11 percent monthly decline. The company operates in electricity generation, trading and retail distribution, with thermal, hydroelectric and wind assets.

Comparison with peers

Genesis Energy (NZX, NZD): minus 2.83 percent, P/E 30.65, market capitalization NZD 3.2 billion
Mercury NZ (NZX, NZD): minus 0.45 percent, P/E 29.88, market capitalization NZD 9.6 billion
Contact Energy (NZX, NZD): minus 2.16 percent, P/E 20.52, market capitalization NZD 9.3 billion

The next market markers

The annual meeting on October 20, 2026 is the next scheduled corporate date. The NZD 3.01 target and the NZD 2.80 yearly high provide two separate reference points for assessing the stock's position.

Genesis Energy was last at NZD 2.40 on October 16, 2026 at 4:59 p.m. NZDT, down 2.83 percent versus the NZX prior close of NZD 2.47.