Ord Minnett cuts target for Liontown stock to AUD 0.95

Published on 10/02/2026 at 13:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Liontown commits AUD 389 million for FY30 output of 780,000 dmt. Liontown stock costs EUR 0.50 on October 2, 2026 after EUR 0.50.

Liontown, AU000000LTR4, Illustration mit AI erstellt.

Liontown Resources Limited (AU000000LTR4) was given a lower analyst valuation on October 1, 2026, when Ord Minnett downgraded the company to Hold and set a AUD 0.95 price target, according to Markets Insider. The rating change arrived as Liontown moved ahead with a AUD 389 million expansion of its Kathleen Valley lithium operation.

Ord Minnett lowers target to AUD 0.95

Ord Minnett's Hold rating is a clear counterweight to the expansion story. The same report cited by Markets Insider said Liontown generated quarterly revenue of AUD 431.60 million in the quarter ended June 30, 2026, versus AUD 197.16 million in the comparable prior-year quarter, while net profit reached AUD 276.52 million after a prior-year GAAP net loss of AUD 178.03 million.

Expansion targets 780,000 dmt

On September 29, 2026, Liontown's board approved the Kathleen Valley final investment decision, according to the company's Liontown announcement. The project targets first incremental tonnes in FY28 and five-year average annual spodumene concentrate production of 780,000 dry metric tonnes from FY30, compared with current ore processing capacity of 2.80 million tonnes per year and planned capacity of 4.20 million tonnes.

The capital program will run from FY27 through FY29. Liontown expects to fund it from existing cash and operating cash flow, while the added production remains uncommitted and can be allocated through spot sales or new offtake arrangements. That flexibility matters because the expansion must be delivered while Kathleen Valley continues its underground ramp-up.

FY26 cash flow reached AUD 182 million

Liontown entered the expansion decision with a stronger operating base. In fiscal year 2026, the company reported record revenue of AUD 639.00 million, underlying EBITDA of AUD 147.00 million and operating cash flow of AUD 182.00 million, according to the Yahoo Finance transcript. Revenue more than doubled from fiscal year 2025, while underlying EBITDA rose from AUD 20.00 million in fiscal year 2025 to AUD 147.00 million in fiscal year 2026.

EUR 0.50 holds at Lang and Schwarz

Liontown stock was trading at EUR 0.50 at Lang & Schwarz on October 2, 2026 at 1:13 p.m. CEST, unchanged at 0.00 percent versus the EUR 0.50 prior close of October 1, 2026. The company is listed on the ASX under ticker LTR, with lithium production at Kathleen Valley in Western Australia and additional growth activity in Argentina.