JPMorgan keeps Hold on Monadelphous stock at AUD 29.50

Published on 10/13/2026 at 01:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue hit AUD 2.98 billion, up 31.50 percent year over year. 13 analysts set AUD 29.09 for Monadelphous stock.

Key points in brief

JPMorgan kept a Hold rating and an AUD 29.50 target for Monadelphous on August 26, 2026.
Fiscal 2026 revenue reached AUD 2.98 billion, up 31.50 percent year over year.
Net profit rose 52.10 percent to AUD 127.3 million in fiscal 2026.
Monadelphous was trading at AUD 30.96 on the ASX on October 13, 2026.
The company is included in the S&P/ASX 200 index.

Monadelphous, AU000000MND5, Illustration mit AI erstellt.

JPMorgan kept its Hold rating on Monadelphous stock at an AUD 29.50 target on August 26, 2026, according to Investing.com. The analyst view followed a record fiscal 2026, when revenue reached AUD 2.98 billion and net profit increased 52.10 percent to AUD 127.3 million.

Three milestones shape the result

On July 1, 2025, Monadelphous entered fiscal 2026 with more than AUD 2.70 billion in new contracts and extensions secured since the start of the financial year, according to Yahoo Finance.

On August 25, 2026, the company reported fiscal 2026 revenue of AUD 2.98 billion, up 31.50 percent from AUD 2.27 billion in fiscal 2025. EBITDA rose 42.90 percent to AUD 226.0 million, while the EBITDA margin increased to 7.58 percent from 6.98 percent, Kapitales Research reported.

On August 26, 2026, JPMorgan maintained Hold with an AUD 29.50 target, while UBS also maintained Hold with an AUD 31.00 target, according to Investing.com. The 13-analyst average target was AUD 29.09, below the quoted ASX price of AUD 30.96 on October 13, 2026.

What does consolidation mean?

Management described fiscal 2027 as a consolidation year after the rapid expansion of fiscal 2026. The engineering construction division produced AUD 1.37 billion in fiscal 2026 revenue, up 48.50 percent, while Maintenance and Industrial Services delivered AUD 1.61 billion, up 20.00 percent.

The outlook therefore combines a strong order pipeline with a tougher comparison base. Cash flow from operations reached AUD 245.0 million in fiscal 2026, and the fully franked full-year dividend rose 50.00 percent to AUD 1.08 per share, according to Kapitales Research. The company also secured more than AUD 680.0 million in new contracts after the start of fiscal 2027, according to Yahoo Finance.

Stock remains below its yearly high

Monadelphous was trading at AUD 30.96 on the ASX on October 13, 2026 at 10:23 a.m. AEDT. Its 52-week range was AUD 21.90 to AUD 36.88, while market capitalization stood at AUD 3.1 billion on the same date. The current price is 16.04 percent below the 52-week high, calculated from the ASX figures.

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