UBS keeps AUD 0.79 target for Nine stock
Published on 10/17/2026 at 18:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- UBS analyst Ailsa Lei maintained a Hold rating and set an AUD 0.79 target on October 15, 2026.
- Nine's annual general meeting is scheduled for November 6, 2026.
- Nine stock was last at AUD 0.65 on ASX on October 16, 2026 at 4:10 p.m. AEDT.
- Nine had a market capitalization of AUD 1.0 billion and a price-to-earnings ratio of minus 2.48.
UBS analyst Ailsa Lei maintained a Hold rating on Nine Entertainment Co. Holdings Limited and set an AUD 0.79 price target on October 15, 2026. The target stands 21.54 percent above the AUD 0.65 last price used for the comparison. According to Markets Insider, the broader consensus target is AUD 1.11. Nine stock was last at AUD 0.65 on ASX on October 16, 2026 at 4:10 p.m. AEDT.
Annual meeting date is set
Nine's next scheduled corporate date is its annual general meeting on November 6, 2026. The company lists the meeting in its investor calendar, with the event planned in North Sydney and online. The date gives investors a defined near-term point for questions on advertising, streaming and the company's balance sheet.
Revenue fell in the latest quarter
For the quarter ended June 30, 2026, Nine reported revenue of AUD 1.14 billion, down from AUD 1.29 billion a year earlier. The same release period included a GAAP net loss of AUD 403.71 million, compared with a GAAP net profit of AUD 24.44 million in the prior-year quarter, according to Markets Insider. The comparison makes the AUD 0.79 target a valuation question as well as a rating signal.
Price remains near the yearly low
Nine's AUD 0.65 last quote sits AUD 0.04 above its AUD 0.61 52-week low and AUD 0.60 below its AUD 1.25 52-week high. That places the stock 6.56 percent above the low and 48.00 percent below the high. The latest quoted volume was 5,531,803 shares against an average of 6,438,186.
Comparison with peers
Nine (ASX, AUD): price-to-earnings ratio minus 2.48, market capitalization AUD 1.0 billion.
Southern Cross Media Group (ASX, AUD): daily change minus 0.95 percent, price-to-earnings ratio minus 12.18, market capitalization AUD 249.0 million.
HT&E (ASX, AUD): price-to-earnings ratio minus 1.88, market capitalization AUD 322.3 million.
Valuation and dates
Nine's dividend yield is 0.12 percent, while the reported price-to-earnings ratio is minus 2.48. The investor calendar also lists February 24, 2027 for first-half fiscal 2027 results. UBS therefore offers the clearest dated valuation marker, while the November meeting is the next scheduled company event.
Market position for investors
Nine's last ASX quote was AUD 0.65 on October 16, 2026 at 4:10 p.m. AEDT. The stock's 52-week range was AUD 0.61 to AUD 1.25, leaving the price 6.56 percent above the low.
Nine stock details
- Company: Nine Entertainment Co. Holdings Limited
- ISIN: AU000000NEC4
- Ticker: NEC
- Primary exchange: ASX
- Last ASX quote (as of October 16, 2026, 4:10 p.m. AEDT): AUD 0.65
- Market capitalization: AUD 1.0 billion
- 52-week range: AUD 0.61-AUD 1.25
- Sector / Industry: Communication Services / Entertainment
- Dividend yield: 0.12 percent
Market context: Market report S&P/ASX 200.
