RBC keeps Buy rating for Woodside stock at AUD 35.50 target

Published on 10/20/2026 at 19:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Woodside reported AUD 7.34 billion revenue for June 30, 2026, up from AUD 6.59 billion. Woodside stock costs EUR 20.73 on October 20, 2026.

Analyst target and quarterly revenue

RBC Capital maintained a Buy rating and set an AUD 35.50 target on October 13, 2026.
Woodside reported AUD 7.34 billion in quarterly revenue for the period ended June 30, 2026, up from AUD 6.59 billion.
Woodside stock costs EUR 20.73 at Lang & Schwarz on October 20, 2026 at 7:41 p.m. CEST.

Woodside, AU0000224040, Illustration mit AI erstellt.

RBC Capital maintained a Buy rating on Woodside Energy Group and set an AUD 35.50 price target on October 13, 2026, as The Globe and Mail reported. The target was 4.97 percent above Woodside's AUD 33.82 ASX price on October 20, 2026. Woodside stock was trading at EUR 20.73 at Lang & Schwarz on October 20, 2026 at 7:41 p.m. CEST.

RBC target sits above the market

The analyst signal is constructive but not uniform. RBC Capital's AUD 35.50 target stood above the AUD 32.90 consensus target cited in the same October 13 report, while the consensus rating was Hold.

JPMorgan began coverage with a Neutral rating and an AUD 31.90 target on October 12, 2026, according to MarketScreener. The spread between that target and the ASX price gives investors a clear measure of the differing assumptions around Woodside's valuation.

June revenue rose 11.38 percent

Woodside's quarterly revenue reached AUD 7.34 billion for the period ended June 30, 2026, compared with AUD 6.59 billion a year earlier. The increase was 11.38 percent, while quarterly net profit rose to AUD 1.65 billion from AUD 1.32 billion, a 25.00 percent increase, according to The Globe and Mail.

ASX price remains the market frame

On the ASX, Woodside stood at AUD 33.82 on October 20, 2026, with a 5.10 percent gain since the start of the year. Its reported market value was USD 44.6 billion on October 20, 2026, and the stock's price-to-earnings ratio was 14.71.

What does the target spread mean?

The comparison is narrow enough to keep the analyst debate relevant. RBC's AUD 35.50 target was 4.97 percent above the ASX price, while JPMorgan's AUD 31.90 target was 5.68 percent below it on the same dated price. The next investment question is whether the June-quarter revenue growth can support the higher end of that range.

Woodside stock price in Germany

Woodside was trading at EUR 20.73 at Lang & Schwarz on October 20, 2026 at 7:41 p.m. CEST. The euro quotation gives German investors a live local-currency view, while the analyst targets and operating figures remain in Australian dollars and are not combined with the euro price.

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