Nine reported AUD 1.14 billion revenue: Nine stock sits 19.70 percent below UBS target

Nine reported AUD 1.14 billion in quarterly revenue for the period ending June 30, 2026, while Nine stock sits 19.70 percent below UBS's AUD 0.79 target. Markets Insider reported the target and results figures on October 15, 2026. Nine's euro quotation was EUR 0.41 at Lang & Schwarz on October 20, 2026 at 8:43 p.m. CEST.

Revenue fell as losses widened

For the quarter ending June 30, 2026, Nine's revenue declined from AUD 1.29 billion a year earlier to AUD 1.14 billion, a decrease of 11.63 percent. The same release cited a GAAP net loss of AUD 403.71 million, compared with a GAAP net profit of AUD 24.44 million in the prior-year quarter, according to Markets Insider.

ASX range remains wide

On the ASX, Nine last traded at AUD 0.66 on October 20, 2026 at 4:10 p.m. AEDT, unchanged from AUD 0.66 at the prior close. The 52-week range was AUD 0.61 to AUD 1.25 as of October 20, 2026. The latest price stood 8.20 percent above the low and 47.20 percent below the high.

Target and reporting dates

UBS analyst Ailsa Lei maintained a Hold rating and set an AUD 0.79 target on October 15, 2026, according to Markets Insider. Nine's investor-relations calendar lists the annual general meeting for November 6, 2026, followed by half-year fiscal 2027 results on February 24, 2027, according to Nine.

What does the target imply?

At AUD 0.66 on the ASX, the UBS target of AUD 0.79 is 19.70 percent above the latest Australian quotation. That comparison sits against lower quarterly revenue and the reported swing from profit to a GAAP net loss.

Euro quotation after hours

The euro quotation was EUR 0.41 at Lang & Schwarz on October 20, 2026 at 8:43 p.m. CEST. The Australian quotation and the euro quotation represent separate venues and currencies.

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

Market context: Market report S&P/ASX 200.

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