UBS upgrades Treasury Wine stock target to AUD 6.50
Published on 10/20/2026 at 18:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings pressure
- UBS upgraded Treasury Wine to a AUD 6.50 target in a report dated October 2, 2026.
- Fiscal 2026 net sales revenue fell 12.80 percent to AUD 2.60 billion.
- Treasury Wine stock costs EUR 3.67 at Lang & Schwarz on October 20, 2026 at 6:19 p.m. CEST.
- The company's market capitalization was AUD 4.60 billion on October 14, 2026.
Treasury Wine stock received a AUD 6.50 price target from UBS in a report dated October 2, 2026, as reported by Markets Insider. Against the ASX closing price of AUD 5.93 on October 19, 2026, the target lies 9.61 percent above the price. Treasury Wine stock was trading at EUR 3.67 at Lang & Schwarz on October 20, 2026 at 6:19 p.m. CEST.
Fiscal 2026 revenue fell 12.80 percent
Treasury Wine's latest full-year picture remains the central earnings counterweight to the UBS target. Fiscal 2026 net sales revenue fell 12.80 percent to AUD 2.60 billion, while EBITS declined 36.10 percent to AUD 492.30 million, according to middle. The same report said the statutory net loss reached AUD 1.10 billion, driven by a non-cash impairment of US assets.
What does the target imply?
The UBS target is 9.61 percent above the latest ASX close, but the comparison rests on recovery rather than the current result. Treasury Wine said fiscal 2027 EBITS should be at least equivalent to fiscal 2026, while the company had already actioned initiatives expected to deliver AUD 40.00 million of benefit in fiscal 2027, according to middle. The full annual cost reduction target is AUD 100.00 million by fiscal 2029.
Leverage and valuation remain key
Execution matters because leverage was 2.70 times after the first quarter of fiscal 2027, compared with 2.80 times at the end of fiscal 2026. Treasury Wine's market capitalization stood at AUD 4.60 billion on October 14, 2026, while its reported price-to-earnings ratio was negative 4.21, according to Markets Insider. The negative ratio reflects the loss period and is not a useful earnings multiple for comparison.
Price stays below the analyst target
On the ASX, Treasury Wine closed at AUD 5.93 on October 19, 2026, down 1.98 percent from the prior close. The current setup therefore combines a fresh analyst target with a business reset that still has to convert savings, asset sales and lower leverage into earnings.
Stock price and market context
Treasury Wine was trading at EUR 3.67 at Lang & Schwarz on October 20, 2026 at 6:19 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Treasury Wine stock.
Treasury Wine stock at a glance
- Company: Treasury Wine Estates Limited
- ISIN: AU000000TWE9
- Ticker: TWE
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 20, 2026, 6:19 p.m. CEST): EUR 3.67
- Sector / Industry: Consumer Defensive / Beverages - Wineries and Distilleries
Market context: Market report S&P ASX 200.
