Simply Wall St cuts target for Flight Centre stock to AUD 12.00

Published on 10/07/2026 at 00:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue reached AUD 2.85 billion, up 2.50 percent year over year. Flight Centre stock has an AUD 0.30 dividend payable October 16, 2026.

Flight Centre, AU000000FLT9, Illustration mit AI erstellt.

Flight Centre Travel Group (AU000000FLT9) is covered by an analyst target cut from AUD 13.23 to AUD 12.00 in Simply Wall St's update of October 6, 2026. The revision puts valuation assumptions alongside a fiscal 2026 recovery that delivered higher profit but missed analyst expectations.

Profit rose as estimates missed

According to Simply Wall St, fiscal 2026 revenue reached AUD 2.85 billion, up 2.50 percent from AUD 2.78 billion in fiscal 2025. Net income increased 36.00 percent to AUD 149.20 million, while earnings per share rose to AUD 0.71 from AUD 0.50.

The comparison is mixed: the fiscal 2026 revenue miss was 1.80 percent against analyst estimates, and earnings per share missed by 11.00 percent. Profit margin nevertheless improved to 5.20 percent from 3.90 percent, giving investors a clearer split between operating recovery and forecast risk.

Buyback and dividend set the next test

Flight Centre also continues its capital-management program. An ASX announcement dated October 1, 2026 reported a daily buyback notification, while a report by The Globe and Mail said 3,508,512 shares had been repurchased before the latest trading day, with another 1,320 shares bought the previous day.

Flight Centre's investor calendar lists an AUD 0.30 final dividend for payment on October 16, 2026 and the annual general meeting for November 11, 2026. The same calendar sets the next half-year results release for February 24, 2027, creating a dated checkpoint for whether corporate travel demand can offset pressure in leisure markets.

Prior close sets the market reference

The prior close at Lang & Schwarz was EUR 6.35 on October 5, 2026. The Australian Securities Exchange listing is FLT, and the company's business spans leisure travel retailing, corporate travel management and related travel services.

The further course of trading is shown by the continuously updated real-time quote of Flight Centre stock.