Ord Minnett sets AUD 3.90 target for Virgin Australia stock
Published on 10/15/2026 at 19:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading details
- On October 12, 2026, Ord Minnett kept its Buy rating and set an AUD 3.90 target.
- Revenue for the quarter ending June 30, 2026, reached AUD 3.02 billion.
- Virgin Australia stock costs EUR 1.55 at Lang & Schwarz on October 15, 2026 at 6:49 p.m. CEST.
- Virgin Australia will hold its annual general meeting on November 20, 2026.
Ord Minnett set an AUD 3.90 price target for Virgin Australia Holdings while maintaining its Buy rating on October 12, 2026. Against the latest ASX quote of AUD 2.50, the target is 56.00 percent above the price. Virgin Australia stock was trading at EUR 1.55 at Lang & Schwarz on October 15, 2026 at 6:49 p.m. CEST.
Target leaves room above AUD 2.50
According to Markets Insider, Ord Minnett maintained a Buy rating and set the AUD 3.90 target. The same report listed a consensus target of AUD 3.55, but the individual target remains the more specific reference for the stock.
June quarter revenue reached AUD 3.02 billion
The quarter ending June 30, 2026, produced revenue of AUD 3.02 billion and net profit of AUD 160.10 million, compared with AUD 2.75 billion of revenue and AUD 5.41 million of net profit a year earlier. Markets Insider reported the figures from the company's latest earnings release.
ASX range keeps the stock above its low
The latest ASX quote stood at AUD 2.50 on October 15, 2026 at 3:10 p.m. CEST, with the exchange session marked closed. The 52-week range was AUD 2.15 to AUD 3.62, placing the quote 16.28 percent above the low and 30.94 percent below the high. Trading volume reached 1,606,101 shares against an average of 1,088,919.
Valuation and the next company date
Virgin Australia had a market capitalization of AUD 1.96 billion and a price-to-earnings ratio of 3.33. The company's investor center lists its annual general meeting for November 20, 2026, and identifies the ASX as its listing venue. Virgin Australia also describes the group as an airline with domestic, international, charter and cargo operations.
Comparison with peers
Virgin Australia (ASX, AUD): P/E 3.33, market capitalization AUD 1.96 billion
Qantas Airways (ASX, AUD): plus 1.10 percent, P/E 9.72, market capitalization AUD 12.50 billion
Air New Zealand (NZX, NZD): P/E minus 5.14, market capitalization NZD 1.24 billion
Trading position and dates
The combination of a low reported earnings multiple and a target materially above the latest ASX quote gives the analyst view a clear numerical anchor. The next dated corporate event is the annual general meeting on November 20, 2026. The June quarter figures provide the latest periodized operating reference, while the euro quotation gives German investors a separate market view.
The further course of trading is shown by the continuously updated real-time quote of Virgin Australia stock.
Virgin Australia market details
- Company: Virgin Australia Holdings Ltd
- ISIN: AU0000400616
- Ticker: VGN
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 15, 2026, 6:49 p.m. CEST): EUR 1.55
- Market capitalization: AUD 1.96 billion (as of October 15, 2026)
- 52-week range: AUD 2.15-3.62 (as of October 15, 2026)
- Sector / Industry: Industrials / Airlines, Airports and Air Services
- Next earnings date: November 20, 2026 - annual general meeting
Market context: Market report S&P/ASX 200.
