Seek stock trades at AUD 12.18 as FY2026 growth meets a weaker outlook
Published on 10/07/2026 at 05:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Seek stock was trading at AUD 12.18 on the ASX on October 7, 2026 at 2:33 p.m. AEDT, up 0.54 percent from the prior close. The price remains 59.18 percent below the 52-week high of AUD 29.84, keeping the FY2026 growth story in tension with a much lower valuation.
FY2026 revenue grew 17 percent
Simply Wall St reported that Seek's fiscal year 2026 sales revenue reached AUD 1.2842 billion for the year ended June 30, 2026, an increase of 17 percent from the prior year. Net revenue rose 10 percent to AUD 1.1989 billion, while EBITDA increased 15 percent to AUD 529.9 million.
The earnings mix was more favorable on an adjusted basis than on a statutory basis. Adjusted profit climbed 28 percent to AUD 199.1 million and adjusted earnings per share rose 28 percent to AUD 0.56, while the reported statutory result was a loss of AUD 371.3 million for fiscal year 2026, according to Simply Wall St.
Analysts weigh the FY2027 range
Seek's FY2027 guidance calls for revenue of AUD 1.210 billion to AUD 1.280 billion and EBITDA of AUD 530 million to AUD 580 million. The revenue midpoint of AUD 1.245 billion is below the FY2026 result of AUD 1.2842 billion, making volume trends and pricing power central to the next investment debate.
Fintel reported that Bell Potter downgraded Seek from Buy to Hold on September 22, 2026. The same report placed aggregate consensus at a mean target of AUD 18.89 and a median target of AUD 19.64 as of September 17, 2026. The mean target lies 55.09 percent above the ASX price of AUD 12.18.
That gap reflects a split market view: the operating business delivered double-digit FY2026 growth, but the FY2027 guidance midpoint implies a lower revenue base than the latest reported year. Seek's communication-services profile is confirmed by its company overview, which describes online employment marketplaces across Australia, New Zealand, Asia and other international markets, according to Yahoo Finance.
Seek stock stays below AUD 13
Seek stock was last at AUD 12.18 on October 7, 2026 at 2:33 p.m. AEDT on the ASX, with a 52-week range of AUD 10.86 to AUD 29.84. The next valuation test is whether yield-led growth can offset the softer volume assumptions embedded in FY2027 guidance.
Key facts on Seek stock
- Company: SEEK Limited
- ISIN: AU000000SEK6
- Ticker: SEK
- Trading venue: ASX
- Price (as of October 7, 2026, 2:33 p.m. AEDT): AUD 12.18
- Market capitalization: AUD 4.4 billion (as of October 7, 2026)
- 52-week range: AUD 10.86-29.84
- Sector / Industry: Communication Services / Internet Content and Information
