UBS cuts target to AUD 1.05 for Nickel Industries stock

Published on 10/20/2026 at 19:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 22, 2026. Nickel Industries stock costs EUR 0.42 on October 20, 2026, down 16.17 percent versus the Tradegate close.

UBS target and reporting date

UBS cut its Nickel Industries target to AUD 1.05 on October 8, 2026.
First-half 2026 revenue reached USD 938.40 million, while net income was USD 52.50 million.
Nickel Industries stock costs EUR 0.42 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST, 16.17 percent below the Tradegate close of October 7, 2026.
Third-quarter results are scheduled for October 22, 2026.

Nickel Industries, AU0000018236, Illustration mit AI erstellt.

Nickel Industries (AU0000018236) faces a lower UBS valuation target of AUD 1.05 after the bank cut its view on October 8, 2026, as Moomoo reported. Nickel Industries was trading at EUR 0.42 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST, down 16.17 percent versus the Tradegate close of October 7, 2026 at EUR 0.50.

Half-year earnings remain central

The company entered the reporting period with a stronger first-half profit base. Simply Wall St reported first-half 2026 revenue of USD 938.40 million and net income of USD 52.50 million. Net margin reached 5.60 percent, compared with 1.40 percent in the first half of 2025, while revenue rose 13.00 percent from the prior-year period.

Stock remains below its yearly range

The ASX-listed nickel producer was last at AUD 0.68 on October 20, 2026 at 4:10 p.m. AEDT. Its 52-week range was AUD 0.66 to AUD 1.13, putting the latest Australian-market price 39.82 percent below the high and 3.03 percent above the low. Market capitalization stood at AUD 2.9 billion on October 20, 2026.

Results date sets the next checkpoint

Nickel Industries is scheduled to report third-quarter 2026 results on October 22, 2026. The date was listed by Simply Wall St as the next reporting event. Against the ASX price of AUD 0.68, the UBS target of AUD 1.05 is 54.41 percent above the price. That gap puts the next report's operating figures alongside project execution and funding as the main evidence investors will weigh.

European quote stays under pressure

The euro quotation remains well below the Tradegate level used for the last dated German-market comparison. The current Australian-market price also sits near the bottom of its 52-week range, while the first-half margin improvement provides a measurable counterpoint to the weaker share-price picture.

Price and reporting date

Nickel Industries was trading at EUR 0.42 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST, 16.17 percent below the Tradegate close of October 7, 2026 at EUR 0.50. The next scheduled results date is October 22, 2026. The further course of trading is shown by the continuously updated real-time quote of Nickel Industries stock.