Morgan Stanley keeps AUD 8.95 target for Whitehaven Coal stock
Published on 10/17/2026 at 18:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and dates
- On October 13, 2026, Morgan Stanley kept its AUD 8.95 target for Whitehaven Coal.
- Whitehaven Coal will hold its annual meeting on November 5, 2026.
- Whitehaven Coal stock last traded at AUD 7.54 on October 16, 2026, up 1.89 percent on ASX.
- The price-to-earnings ratio was 15.93 and market capitalization was AUD 6.2 billion on October 16, 2026.
Morgan Stanley kept its Buy rating and set an AUD 8.95 price target for Whitehaven Coal on October 13, 2026, according to Business Insider. The target was 18.70 percent above the ASX price of AUD 7.54. Whitehaven Coal stock last traded at AUD 7.54 on October 16, 2026 at 4:11 p.m. AEDT, up 1.89 percent on the day.
Annual meeting set for November 5
Whitehaven Coal will hold its 2026 annual general meeting at The Mint in Sydney on November 5, 2026. The Globe and Mail reported that the meeting will begin at 10:00 a.m. Sydney time, with the chairman and chief executive scheduled to discuss business performance before formal resolutions.
Stock sits below its yearly high
The ASX price stood 13.21 percent above its 52-week low of AUD 6.66 and 23.84 percent below its 52-week high of AUD 9.90 on October 16, 2026. Trading volume reached 4,784,061 shares, compared with an average volume of 4,250,399 shares. The range places the stock closer to its yearly low than its yearly high.
Valuation and latest results
Whitehaven Coal had a market capitalization of AUD 6.2 billion and a price-to-earnings ratio of 15.93 on October 16, 2026. Simply Wall St reported trailing-twelve-month revenue of AUD 5.40 billion and net income of AUD 385.0 million for the period ended June 30, 2026. The reported net profit margin was 7.13 percent.
Comparison with peers
Whitehaven: up 1.89 percent, price-to-earnings ratio 15.93, market capitalization AUD 6.2 billion
Yancoal Australia (ASX, AUD): up 1.02 percent, price-to-earnings ratio 26.69, market capitalization AUD 7.9 billion
New Hope (ASX, AUD): up 2.28 percent, price-to-earnings ratio 30.75, market capitalization AUD 4.9 billion
What the price position means
Whitehaven's valuation remains below the two named coal peers on the reported price-to-earnings measure, while its latest price is materially below the 52-week high. The November meeting is the next dated company event.
Whitehaven Coal stock facts
- Company: Whitehaven Coal Limited
- ISIN: AU000000WHC8
- Ticker: WHC
- Primary exchange: ASX
- Price ASX (as of October 16, 2026, 4:11 p.m. AEDT): AUD 7.54
- Daily change: plus 1.89 percent on October 16, 2026
- Market capitalization: AUD 6.2 billion (as of October 16, 2026)
- 52-week range: AUD 6.66-AUD 9.90 (as of October 16, 2026)
- Sector / Industry: Energy / Coal
Market context: Market report S&P/ASX 200.
