UBS sets AUD 6.65 target for Iluka Resources stock

Published on 10/17/2026 at 19:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June-quarter revenue fell 21.13 percent to AUD 455.90 million. Iluka Resources stock costs AUD 5.33 on October 16, 2026, up 5.34 percent on ASX.

Analyst view and upcoming dates

On October 8, 2026, UBS maintained a Hold rating and set a target of AUD 6.65.
For the quarter ending June 30, 2026, revenue was AUD 455.90 million and the GAAP net loss was AUD 23.90 million.
Iluka Resources stock was last at AUD 5.33 on October 16, 2026 at 4:10 p.m. AEDT, up 5.34 percent versus the prior close of AUD 5.06.
Iluka Resources is scheduled to publish its annual report on February 17, 2027.

Iluka, AU000000ILU1, Illustration mit AI erstellt.

Iluka Resources (ISIN AU000000ILU1) received a Hold rating and an AUD 6.65 price target from UBS on October 8, 2026. The target is 24.77 percent above the last ASX price of AUD 5.33. Iluka Resources was last at AUD 5.33 on October 16, 2026 at 4:10 p.m. AEDT, up 5.34 percent versus the prior close of AUD 5.06.

UBS target leaves room above the price

According to Markets Insider, UBS analyst Dim Ariyasinghe maintained a Hold rating and set the AUD 6.65 target on October 8. The calculation uses the AUD 5.33 last price and places the target 24.77 percent higher. UBS is more cautious than the Buy ratings cited for Iluka by other research firms, but the target remains a concrete valuation marker for the stock.

June quarter shows weaker sales

The latest quarterly comparison points to weaker operating momentum. For the quarter ending June 30, 2026, Iluka reported revenue of AUD 455.90 million and a GAAP net loss of AUD 23.90 million, compared with revenue of AUD 577.80 million and net profit of AUD 92.00 million a year earlier, according to Markets Insider. Revenue therefore fell 21.13 percent year over year, while the result moved from profit to loss.

Valuation and reporting dates

Iluka had a market capitalization of AUD 2.3 billion on October 16, 2026. Its 52-week range was AUD 4.92 to AUD 8.69, putting the last price 38.66 percent below the high and 8.33 percent above the low. The company is scheduled to publish a quarterly report on January 28, 2027, followed by its annual report on February 17, 2027, according to Intelligent Investor.

Comparison with peers

Iluka Resources: plus 5.34 percent, market capitalization AUD 2.3 billion

Lynas Rare Earths (ASX, AUD): plus 2.41 percent, P/E 49.95, market capitalization AUD 11.1 billion

Mineral Resources (ASX, AUD): plus 0.65 percent, P/E 8.37, market capitalization AUD 8.8 billion

Price stays below the yearly high

Iluka Resources was last at AUD 5.33 on the ASX on October 16, 2026 at 4:10 p.m. AEDT, with the ASX session closed. The price stood 38.66 percent below the 52-week high of AUD 8.69 and 8.33 percent above the 52-week low of AUD 4.92. The comparison frames a strong daily move against a stock still well below its yearly peak.