SEEK Ltd stock (AU000000SEK6): Analysts trim price target on Australian job platform

Analysts have trimmed their average price target on SEEK Ltd, reflecting a modestly lower revenue outlook and higher discount rates, while still forecasting strong earnings growth.

Analysts have trimmed their average price target on SEEK Ltd, the Australian online employment marketplace, to around A$29.74 from about A$30.28, according to a recent compilation of forecasts that factors in slightly higher discount rates, a modestly lower revenue growth outlook, and small adjustments to profit margin assumptions and the future P/E multiple.Simply Wall St as of 10.05.2026

Despite the downward revision, SEEK is still forecast to grow earnings by about 56.5% per annum and revenue by roughly 8.2% per annum over the medium term, with EPS projected to rise by approximately 52.1% per year and return on equity expected to reach around 13.5% within three years.Simply Wall St as of 10.05.2026

As of: 10.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: SEEK Ltd
• Sector/industry: Online employment marketplace / media
• Headquarters/country: Australia
• Core markets: Australia, New Zealand, Southeast Asia, China
• Key revenue drivers: Job advertising, recruitment solutions, career and education services
• Home exchange/listing venue: Australian Securities Exchange (ASX), ticker SEK
• Trading currency: Australian dollar (AUD)

SEEK Ltd: core business model

SEEK Ltd operates one of the largest online employment marketplaces in Australia and New Zealand, connecting job seekers with employers across a wide range of industries.SEEK Investor Relations as of 10.05.2026

The company generates revenue primarily by charging employers for job postings, premium listings, and other recruitment?related services, while also offering career and education?related content and tools that help users build skills and find training opportunities.SEEK Investor Relations as of 10.05.2026

SEEK has expanded its footprint beyond Australia and New Zealand into Southeast Asia and China through local?market platforms, allowing it to tap into faster?growing labor markets and diversify its geographic exposure.SEEK Investor Relations as of 10.05.2026

Main revenue and product drivers for SEEK Ltd

SEEK’s main revenue driver is job advertising, where employers pay to list vacancies on the SEEK platform and access tools such as candidate search, analytics, and targeted advertising options.SEEK Investor Relations as of 10.05.2026

In addition to core job?board services, SEEK offers recruitment?related products such as resume databases, employer branding solutions, and programmatic advertising, which help larger companies manage high?volume hiring and improve the quality of applicant flow.SEEK Investor Relations as of 10.05.2026

The company also earns revenue from career and education services, including course listings and career?advice content, which attract users to the platform and support long?term engagement even when job?market conditions soften.SEEK Investor Relations as of 10.05.2026

Conclusion

SEEK Ltd remains a leading online employment marketplace in Australia and New Zealand with a growing presence in Southeast Asia and China, supported by a diversified revenue base from job advertising, recruitment solutions, and career and education services.SEEK Investor Relations as of 10.05.2026

Analysts have recently trimmed their average price target on the stock, reflecting a slightly more cautious view on revenue growth and higher discount rates, yet still project strong earnings and revenue growth over the medium term.Simply Wall St as of 10.05.2026

For US investors, SEEK offers exposure to the Australian and broader Asia?Pacific labor?market cycle through a listed platform business, though the stock is subject to regional economic conditions, currency risk, and competition from other job?board and recruitment?technology providers.SEEK Investor Relations as of 10.05.2026

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.