RBC Capital keeps AUD 9.00 target for Santos stock

Published on 10/15/2026 at 20:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June quarter revenue reached AUD 2.64 billion and profit AUD 349.93 million. Santos stock costs EUR 5.63 on October 15, 2026, up 1.77 percent on ASX.

Analyst target and results date

RBC Capital maintained its AUD 9.00 Santos target in a report dated October 13, 2026.
Santos reported AUD 2.64 billion in revenue and AUD 349.93 million in net profit for the quarter ended June 30, 2026.
Santos stock costs EUR 5.63 at Lang & Schwarz on October 15, 2026 at 8:28 p.m. CEST, up 1.77 percent on ASX.
The next earnings date is February 23, 2027.

Santos, AU000000STO6, Illustration mit AI erstellt.

RBC Capital maintained a Buy rating and an AUD 9.00 price target for Santos in a report dated October 13, 2026, as Markets Insider reported. The target sat 2.11 percent below the ASX price of AUD 9.19. Santos stock was trading at EUR 5.63 at Lang & Schwarz on October 15, 2026 at 8:28 p.m. CEST, while the ASX quote was up 1.77 percent on the day.

June quarter delivered two key figures

The latest reported period gives the analyst view a concrete operating base. Santos posted revenue of AUD 2.64 billion and net profit of AUD 349.93 million for the quarter ended June 30, 2026, compared with AUD 2.58 billion in revenue and AUD 439.00 million in profit a year earlier, according to Markets Insider. Revenue therefore increased by AUD 60.00 million, while profit declined by AUD 89.07 million.

ASX price reaches the yearly range

The ASX quote last stood at AUD 9.19 on October 15, 2026 at 4:12 p.m. AEDT. Santos traded between AUD 5.90 and AUD 9.19 over the past 52 weeks, putting the latest ASX price at the upper end of that range. The euro quotation was EUR 5.63 at Lang & Schwarz at 8:28 p.m. CEST on the same date.

Valuation and next reporting date

Santos had a market capitalization of AUD 29.8 billion, a trailing P/E ratio of 27.65 and a dividend yield of 0.03 percent as of October 15, 2026. The analyst picture remained constructive: Markets Insider also cited Morgan Stanley at an AUD 9.31 target and an AUD 9.04 consensus target. The next earnings date is February 23, 2027, according to Forecaster.

Comparison with peers

Santos: plus 1.77 percent, P/E 27.65, market capitalization AUD 29.8 billion.

BHP (ASX, AUD): minus 4.70 percent, P/E 20.79, market capitalization AUD 294.8 billion.

Woodside Energy (ASX, AUD): plus 0.48 percent, P/E 14.34, market capitalization AUD 63.3 billion.

What the numbers mean for Santos

The combination of a near-top-of-range ASX quotation and an AUD 9.00 RBC target leaves limited room between the latest market price and that single target. The June quarter comparison also puts the emphasis on earnings quality: revenue rose from AUD 2.58 billion to AUD 2.64 billion, while net profit fell from AUD 439.00 million to AUD 349.93 million.

Trading levels in euros

The euro quotation gives German investors a direct market reference, while the ASX figures show the home-market valuation and peer setting.

Santos was trading at EUR 5.63 at Lang & Schwarz on October 15, 2026 at 8:28 p.m. CEST. The continuously updated real-time quote of Santos stock shows the further course of trading.