Ord Minnett keeps AUD 29.10 target for Northern Star stock

Published on 10/15/2026 at 21:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 EBITDA hit AUD 4.30 billion. Northern Star stock costs EUR 15.04 on October 15, 2026, down 0.86 percent versus Tradegate close.

Target and reporting date

Ord Minnett maintained a Buy rating with an AUD 29.10 target on October 14, 2026.
Underlying EBITDA reached AUD 4.30 billion in fiscal year 2026.
Northern Star stock costs EUR 15.04 at Lang & Schwarz on October 15, 2026 at 9:44 p.m. CEST, 0.86 percent below the Tradegate close of October 14, 2026.
Northern Star is scheduled to release September results on October 21, 2026.

Northern Star, AU000000NST8, Illustration mit AI erstellt.

Ord Minnett maintained a Buy rating for Northern Star with an AUD 29.10 price target on October 14, 2026, according to Markets Insider. Against the ASX price of AUD 24.32, the target is 19.98 percent higher. Northern Star was trading at EUR 15.04 at Lang & Schwarz on October 15, 2026 at 9:44 p.m. CEST, 0.86 percent below the Tradegate close of October 14, 2026 at EUR 15.17.

Fiscal 2026 cash generation

Northern Star entered the October reporting window with substantial cash generation. A September 20, 2026 corporate presentation summary from Quartr put fiscal 2026 underlying EBITDA at AUD 4.30 billion, underlying net profit after tax at AUD 1.80 billion and free cash flow at AUD 190.00 million. The same summary said EBITDA increased 22.00 percent, giving investors a concrete benchmark before the next operating update.

Price position and trading range

On the ASX, Northern Star was last at AUD 24.32 on October 15, 2026 at 4:18 p.m. AEDT, down 2.37 percent from AUD 24.91. Its 52-week range was AUD 17.07 to AUD 31.96, placing the stock 23.91 percent below its high and 42.47 percent above its low. The Australian listing also carried market capitalization of AUD 34.7 billion and an average daily volume of 5,588,864 shares.

Valuation and October date

Northern Star traded on a trailing P/E ratio of 20.97, while the latest market capitalization was AUD 34.7 billion. The next scheduled company event is the September quarter report on October 21, 2026, a date reported by Mitrade. Production, costs and progress at the KCGM expansion will be the main operating markers for that release.

Comparison with peers

Northern Star: minus 0.86 percent, P/E 20.97, market capitalization AUD 34.7 billion
Evolution Mining (ASX, AUD): minus 2.55 percent, P/E 16.75, market capitalization AUD 25.0 billion
Newmont (NYSE, USD): plus 3.62 percent, P/E 14.52, market capitalization USD 121.8 billion

Trading stays below the yearly high

Northern Star's Australian quotation stood 23.91 percent below its 52-week high on October 15, 2026, while the euro quotation was 0.86 percent below the Tradegate close. The next dated test is the September quarter report on October 21, 2026. The further course of trading is shown by the continuously updated real-time quote of Northern Star stock.