J.P. Morgan upgrades Paladin Energy stock to Hold at AUD 9.30

J.P. Morgan upgraded Paladin Energy stock to Hold and set an AUD 9.30 price target in a report dated October 2, 2026, as Markets Insider reported on October 3, 2026. The call matters because the target sits below the broader consensus target of AUD 13.70 cited in the same report.

Quarterly revenue clears AUD 165 million

Paladin Energy reported quarterly revenue of AUD 165.97 million for the quarter ended June 30, 2026, compared with AUD 103.39 million a year earlier. That is a calculated increase of 60.53 percent, while net profit reached AUD 4.46 million against a GAAP net loss of AUD 41.25 million in the comparable quarter, according to Markets Insider.

The result followed a stronger fiscal year. Paladin Energy said revenue increased 71 percent to USD 304 million in fiscal 2026, while Langer Heinrich production reached 4.82 million pounds of uranium and sales totaled 4.35 million pounds, according to Yahoo Finance in the August 26, 2026 earnings-call transcript.

AGM date adds a fixed milestone

Paladin's 2026 annual general meeting is scheduled for November 17, 2026, with director elections on the agenda, according to the company's announcement published by Listcorp on September 8, 2026. The date gives investors a defined governance milestone after the latest results and analyst update.

Euro prior close remains the market anchor

Paladin Energy had a prior close of EUR 5.88 at Lang & Schwarz on October 6, 2026. The reference price was dated before the October 7 publication window, so the prior close rather than a current intraday quote is the relevant euro market figure.

The further course of trading is shown by the continuously updated real-time quote of Paladin stock.

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