J.P. Morgan keeps Hold rating for Woodside stock at AUD 31.40
Published on 10/27/2026 at 19:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- J.P. Morgan maintained a Hold rating and an AUD 31.40 target on October 22, 2026.
- Woodside scheduled its Capital Markets Day for November 5, 2026.
- Woodside stock costs EUR 20.72 at Lang & Schwarz on October 27, 2026 at 7:30 p.m. CET, 0.34 percent above the Tradegate close of October 26, 2026.
- Third-quarter 2026 operating revenue reached USD 4.281 billion, up 27.00 percent from the prior year.
J.P. Morgan maintained its Hold rating for Woodside Energy Group and kept its AUD 31.40 price target in a report dated October 22, 2026, as Markets Insider reported. At Lang & Schwarz, the stock was trading at EUR 20.72 on October 27, 2026 at 7:30 p.m. CET, up EUR 0.07 or 0.34 percent versus the Tradegate close of October 26, 2026.
November 5 sets the next date
Woodside's Capital Markets Day is scheduled for November 5, 2026, followed by a second event in New York on November 12, 2026. The dates were included in the company's third-quarter report carried by Business Wire.
The next scheduled reporting date is January 28, 2027, when Woodside plans to publish its fourth-quarter report. The calendar also lists the 2026 annual report for February 23, 2027.
Revenue rose as production lagged
For the third quarter ended September 30, 2026, operating revenue reached USD 4.281 billion, up 27.00 percent from USD 3.359 billion in the third quarter of 2025. Production volumes fell 9.00 percent year over year to 46.2 million barrels of oil equivalent, according to Woodside. The average realized price reached USD 84.00 per barrel of oil equivalent, up 40.00 percent from USD 60.00 a year earlier.
What does the target imply?
J.P. Morgan's AUD 31.40 target stood 4.18 percent below Woodside's AUD 32.77 closing price cited in the October 22 report. That comparison places the rating below the market level used in the note, while the company's latest report showed higher revenue but weaker annual production volumes.
Price and valuation frame
Woodside's primary listing is on the ASX under ticker WDS, according to the company's investor information. The latest USD market capitalization was USD 43.9 billion on October 27, 2026, and the 52-week range was USD 14.57 to USD 25.19. The stock's USD 23.13 quote remained inside that range.
Woodside stock was trading at EUR 20.72 at Lang & Schwarz on October 27, 2026 at 7:30 p.m. CET, up 0.34 percent versus the Tradegate close of October 26, 2026 at EUR 20.65. The further course of trading is shown by the continuously updated real-time quote of Woodside stock.
Woodside stock facts
- Company: Woodside Energy Group Ltd
- ISIN: AU0000224040
- Ticker: WDS
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 27, 2026, 7:30 p.m. CET): EUR 20.72
- Change versus Tradegate close: plus 0.34 percent
- Tradegate close (October 26, 2026): EUR 20.65
- Market capitalization: USD 43.9 billion (as of October 27, 2026)
- 52-week range: USD 14.57-25.19 (as of October 27, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P/ASX 200.
