Canaccord keeps AUD 1.15 target for Nickel Industries stock

Published on 10/15/2026 at 18:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 938.40 million in the first half of 2026. Nickel Industries stock costs EUR 0.44 on October 15, 2026 after hours.

Analyst target and reporting date

Canaccord kept an AUD 1.15 target on October 9, 2026, 64.29 percent above the ASX price.
Revenue reached USD 938.40 million in the first half of 2026, up 13.10 percent year over year.
Nickel Industries stock costs EUR 0.44 at Lang & Schwarz on October 15, 2026 at 6:41 p.m. CEST.
Nickel Industries is scheduled to report quarterly results on October 27, 2026.

Nickel Industries, AU0000018236, Illustration mit AI erstellt.

Canaccord kept an AUD 1.15 target for Nickel Industries on October 9, 2026, putting the target 64.29 percent above the AUD 0.70 ASX price. The target appears in the analyst table published by Investing.com. Nickel Industries stock was trading at EUR 0.44 at Lang & Schwarz on October 15, 2026 at 6:41 p.m. CEST, during after-hours trading.

First-half revenue reached USD 938.40 million

Nickel Industries reported USD 938.40 million in sales revenue for the first half of 2026, compared with USD 829.70 million in the previous corresponding period. That equals growth of 13.10 percent. Kapitales Research reported the figures on September 18, 2026, based on the results announced on August 26, 2026.

Adjusted EBITDA increased to USD 247.60 million from USD 169.90 million, a 45.73 percent rise. Profit after tax reached USD 74.30 million, compared with USD 25.50 million in the previous corresponding period. The figures point to a stronger first-half earnings base, while the valuation still reflects a loss-making trailing measure in the finance quote.

Price position and trading activity

The primary ASX quote was AUD 0.70 on October 15, 2026, with a 52-week range of AUD 0.66 to AUD 1.13. The range places the price 6.06 percent above the low and 37.45 percent below the high. Trading volume was 5,349,150 shares against an average volume of 7,090,294 shares on the same date.

Valuation and October 27 results

Nickel Industries had a market capitalization of AUD 3.1 billion on October 15, 2026. InvestSMART lists October 27, 2026 as the next quarterly reporting date. For investors, that date is the next scheduled test of production, earnings and the downstream expansion program.

Comparison with peers

Nickel Industries (ASX, AUD): market capitalization AUD 3.1 billion, 52-week range AUD 0.66 to AUD 1.13.

BHP Group (ASX, AUD): minus 2.86 percent, P/E 20.76, market capitalization AUD 294.8 billion.

Lynas Rare Earths (ASX, AUD): minus 0.76 percent, P/E 48.78, market capitalization AUD 10.9 billion.

Euro price remains the live marker

The Australian quotation supplies the company comparison, while the German indication gives local investors a separate euro marker. Nickel Industries was trading at EUR 0.44 at Lang & Schwarz on October 15, 2026 at 6:41 p.m. CEST during after-hours trading. The further course of trading is shown by the continuously updated real-time quote of Nickel Industries stock.