UBS keeps AUD 32.70 target for TechnologyOne stock

Published on 10/17/2026 at 18:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 16, 2026. TechnologyOne stock was last at AUD 31.91 on October 16, 2026, up 4.21 percent versus AUD 30.62.

UBS target and reporting date

UBS set a AUD 32.70 target and maintained its Hold rating on October 14, 2026.
TechnologyOne is scheduled to report results on November 16, 2026.
TechnologyOne stock was last at AUD 31.91 on October 16, 2026 at 4:10 p.m. AEDT, 4.21 percent above the ASX prior close of AUD 30.62.
TechnologyOne had a P/E ratio of 74.21 and a market capitalization of AUD 10.4 billion.

TechnologyOne, AU000000TNE8, Illustration mit AI erstellt.

UBS maintained a Hold rating on TechnologyOne and set an AUD 32.70 price target on October 14, 2026, putting the target 2.48 percent above the stock's last ASX price of AUD 31.91. Markets Insider reported that UBS analyst Tim Plumbe maintained the rating and set the target. TechnologyOne was last at AUD 31.91 on the ASX on October 16, 2026 at 4:10 p.m. AEDT, up 4.21 percent versus AUD 30.62.

Target distance is narrow

The UBS target sits only 2.48 percent above the last quoted price, while Canaccord Genuity set a higher AUD 36.56 target in a report dated October 13, 2026. That spread makes the latest target a more restrained reference point than the broader analyst view. The Canaccord assessment carried a Buy rating, according to The Globe and Mail.

Results date is November 16

Simply Wall St lists November 16, 2026 as TechnologyOne's next earnings date. The scheduled report gives investors the next fixed point for testing recurring software growth, profit delivery and the valuation implied by the stock's P/E ratio of 74.21.

Price position after October 16

The last quoted price stood 20.21 percent below the 52-week high of AUD 39.99 and 58.49 percent above the 52-week low of AUD 20.14, both measured as of October 16, 2026. TechnologyOne's market capitalization was AUD 10.4 billion on that date. The company develops integrated enterprise software for government, education, health and other organizations.

Valuation and comparison

TechnologyOne's P/E ratio of 74.21 is higher than WiseTech Global's 48.22 and close to Xero's 72.29 on October 16, 2026. The comparison is also visible in market size, with TechnologyOne at AUD 10.4 billion, WiseTech Global at AUD 11.2 billion and Xero at AUD 10.5 billion.

Comparison with peers on October 16, 2026

TechnologyOne (ASX, AUD): 4.21 percent, P/E 74.21, market capitalization AUD 10.4 billion

WiseTech Global (ASX, AUD): 9.01 percent, P/E 48.22, market capitalization AUD 11.2 billion

Xero (ASX, AUD): 7.05 percent, P/E 72.29, market capitalization AUD 10.5 billion

Next signal for the stock

The last completed ASX session left TechnologyOne 4.21 percent above AUD 30.62 on October 16, 2026. The combination of a high earnings multiple, a dated UBS target and the November reporting date defines the next market checkpoints.