Okasan downgrades Inpex stock to Neutral with JPY 4,300 target

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

Inpex's next results are scheduled for November 12, 2026. Inpex stock costs EUR 21.06 on October 20, 2026, down 0.75 percent versus the Tradegate close.

Analyst target and reporting date

Okasan Securities downgraded Inpex to Neutral and set a JPY 4,300 target on September 28, 2026.
INPEX Corporation scheduled its nine-month results for November 12, 2026.
Inpex stock costs EUR 21.06 at Lang & Schwarz on October 20, 2026 at 7:11 p.m. CEST, down 0.75 percent versus the Tradegate close of October 19, 2026.
The Tokyo listing had a 10.32 price-to-earnings ratio and a JPY 112.00 annual dividend.

Inpex, JP3294460005, Illustration mit AI erstellt.

Okasan Securities downgraded Inpex to Neutral and set a JPY 4,300 price target on September 28, 2026, according to MarketScreener. The source names no previous target. Against the Tokyo price of JPY 3,823.00 on October 20, 2026, that target stood 12.48 percent above the stock.

Inpex was trading at EUR 21.06 at Lang & Schwarz on October 20, 2026 at 7:11 p.m. CEST, down 0.75 percent against the Tradegate close of October 19, 2026 at EUR 21.22. The euro quotation was therefore below the German venue's previous close.

Profit supports the next results date

Inpex's latest reported quarter was the second quarter of fiscal 2026. Revenue totaled JPY 498.69 billion, while net income attributable to common shareholders reached JPY 153.73 billion and basic earnings per share was JPY 132.33, according to Investing.com.

How far is the stock from its yearly range?

The Tokyo listing traded between JPY 3,794.00 and JPY 3,839.00 on October 20, 2026. Its 52-week range ran from JPY 2,679.00 to JPY 4,955.00, leaving the price 22.84 percent below the high and 42.70 percent above the low. Trading volume reached 4,867,400 shares.

Valuation and dates matter next

Inpex had a market capitalization of JPY 4.4 trillion and a price-to-earnings ratio of 10.32 on October 20, 2026. Its annual dividend was JPY 112.00, equivalent to a 2.94 percent yield. The investor-relations calendar lists the announcement of nine-month results for November 12, 2026, followed by an investor meeting on November 13, 2026, as shown by INPEX Corporation.

Comparison with peers

Inpex: down 0.75 percent, price-to-earnings ratio 10.32, market capitalization JPY 4.4 trillion

ENEOS Holdings (Tokyo Stock Exchange, JPY): down 0.60 percent, price-to-earnings ratio 5.51, market capitalization JPY 3.8 trillion

Japan Petroleum Exploration (Tokyo Stock Exchange, JPY): down 0.41 percent, price-to-earnings ratio 10.64, market capitalization JPY 436.0 billion

Inpex stock stays below its yearly high

The 52-week high remains the clearest valuation marker: the Tokyo price was 22.84 percent below JPY 4,955.00 on October 20, 2026, while the analyst target of JPY 4,300 was lower than that peak. Inpex stock was trading at EUR 21.06 at Lang & Schwarz on October 20, 2026 at 7:11 p.m. CEST, down 0.75 percent versus the Tradegate close of October 19, 2026 at EUR 21.22. The further course of trading is shown by the continuously updated real-time quote of Inpex stock.