Australian Securities Exchange, AU000000ASX7

UBS raises target for Australian Securities Exchange stock from AUD 64.20 to AUD 65.50

Published on 10/13/2026 at 04:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS set a Buy target of AUD 65.50 on October 7, 2026. Australian Securities Exchange stock saw futures volume grow 33 percent in the first quarter.

Key points in brief

UBS raised its target for Australian Securities Exchange to AUD 65.50 from AUD 64.20 on October 7, 2026.
UBS cited 33 percent first-quarter futures volume growth and 7 percent higher cash equity turnover.
ASX Limited reported FY26 operating revenue of AUD 1.25 billion and underlying net profit after tax of AUD 536.4 million.
The annual general meeting is scheduled for October 22, 2026.

Australian Securities Exchange, AU000000ASX7, Illustration mit AI erstellt.

Australian Securities Exchange stock (ISIN AU000000ASX7) received a higher UBS target of AUD 65.50 from AUD 64.20 on October 7, 2026, according to Investing.com. UBS maintained its Buy rating and linked the change to stronger trading activity.

Target rises on trading data

The AUD 1.30 increase represents a 2.02 percent rise from the previous AUD 64.20 target. Investing.com reported that UBS cited first-quarter futures volume growth of 33 percent versus the prior corresponding period and cash equity turnover growth of 7 percent.

The operating detail extends beyond futures. Cleared value rose 8 percent, settlement messages increased 18 percent and collateral balances were 12 percent above second-half 2026 levels, according to Investing.com.

Annual results show the tradeoff

ASX reported FY26 operating revenue of AUD 1.25 billion, up 13.30 percent year over year, while underlying net profit after tax rose 5.20 percent to AUD 536.4 million. Statutory net profit fell 3.50 percent to AUD 484.9 million because of one-off costs tied to the ASIC settlement, according to Ground News.

The contrast matters for valuation: operating momentum improved, but statutory earnings absorbed exceptional costs. UBS also expects its earnings per share estimates to remain 4 percent above consensus in fiscal year 2027 and 6 percent above consensus in fiscal year 2028, Investing.com reported.

Annual meeting is October 22

ASX lists October 22, 2026 as the date of its annual general meeting. The company operates listings, markets, technology and data, and securities and payments businesses, giving trading activity a direct connection to several revenue streams, according to ASX.

Stock remains near its yearly high

ASX Limited stock was last quoted at AUD 61.42 on the ASX on October 13, 2026 at 12:41 p.m. AEDT. That level was 2.35 percent below the AUD 62.90 52-week high and the company had a market capitalization of AUD 12.0 billion on the same date.

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