UBS sets AUD 31.15 target for Northern Star stock

Published on 10/13/2026 at 01:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS set an AUD 31.15 target on October 8, 2026 and kept a Buy rating. Northern Star stock reports September results on October 21, 2026.

Key points in brief

UBS maintained a Buy rating and set an AUD 31.15 price target on October 8, 2026.
Northern Star reported FY26 revenue growth of 19 percent and net profit growth of 24 percent.
The September quarter report is scheduled for October 21, 2026, with the final dividend due on October 15, 2026.
Northern Star last traded at EUR 15.33 at Lang & Schwarz on October 12, 2026.

Northern Star, AU000000NST8, Illustration mit AI erstellt.

Northern Star Resources (AU000000NST8) received a Buy rating and an AUD 31.15 price target from UBS on October 8, 2026, according to Markets Insider. The upcoming September quarter report gives the market a concrete test of production costs and project execution.

Analyst target reaches AUD 31.15

UBS analyst Levi Spry maintained the Buy rating and set the AUD 31.15 target, while Ord Minnett analyst Paul Kaner also issued a Buy rating on October 5, 2026, according to Markets Insider. Macquarie maintained a Hold rating on October 2, 2026, showing that the analyst picture was not uniform.

The target sits above the latest Australian quotation of AUD 25.00 from October 12, 2026, but the two prices use different venues and currencies from the euro reference price. Northern Star is listed on the ASX under ticker NST and operates gold mines in Australia and Alaska.

FY26 growth meets a cash flow test

Northern Star's FY26 revenue rose 19 percent and net profit after tax increased 24 percent, while gold sold fell 6 percent to 1.54 million ounces, according to Mitrade. The contrast matters because free cash flow declined 56 percent as the company continued spending on the KCGM mill expansion.

For FY27, Northern Star guides gold sold of 1.50 million to 1.65 million ounces, according to Mitrade. That output range and the September quarter cost update will help investors assess whether the growth program is translating into cash generation.

Three dated signals shape the story

On October 2, 2026, Macquarie maintained a Hold rating; on October 5, 2026, Ord Minnett issued a Buy rating; and on October 8, 2026, UBS maintained Buy with an AUD 31.15 target, according to Markets Insider. The sequence places execution alongside valuation as the key debate ahead of the next operating update.

What dates matter next?

Northern Star is scheduled to pay its fully franked final dividend on October 15, 2026, and to release its September quarter report on October 21, 2026, according to Mitrade. The report's production and cost figures will provide the next numerical check on the FY27 output range.

Last euro quotation before publication

The last available Lang & Schwarz quotation was EUR 15.33 on October 12, 2026 at 11:00 p.m. CEST. The reference price is presented without a daily percentage because the dated Xetra closing base required for the comparison was not established.

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