UBS upgraded Hub24 stock to Buy with AUD 77.35 target

Published on 10/17/2026 at 20:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS set an AUD 77.35 target on October 7, 2026. Hub24 stock last traded AUD 64.15 on October 16, 2026, up 4.6 percent on the ASX.

Target and valuation context

The October 7, 2026 UBS note assigned Hub24 a Buy rating and an AUD 77.35 target.
Fiscal 2026 revenue was AUD 496.91 million and net income was AUD 120.20 million.
Hub24 stock was last at AUD 64.15 on October 16, 2026 at 4:11 p.m. AEDT, up 4.63 percent on the ASX.
The next earnings date is October 20, 2026, and the P/E ratio is 43.94.

Hub24, AU000000HUB4, Illustration mit AI erstellt.

Hub24 (ISIN AU000000HUB4) was upgraded to Buy by UBS with an AUD 77.35 price target on October 7, 2026, according to Markets Insider. Against the latest ASX price of AUD 64.15, the target is 20.58 percent above the price. Hub24 stock was last at AUD 64.15 on October 16, 2026 at 4:11 p.m. AEDT, up 4.63 percent from the prior ASX close.

UBS target leaves a 20.58 percent gap

The UBS target gives the analyst view a clear numerical distance from the latest ASX quotation. The AUD 13.20 difference between AUD 77.35 and AUD 64.15 represents 20.58 percent upside to the target, calculated in Australian dollars.

Fiscal 2026 results remain substantial

HUB24 reported fiscal 2026 revenue of AUD 496.91 million and net income of AUD 120.20 million. Simply Wall St lists June 30, 2026 as the latest reported earnings date and records earnings per share of AUD 1.47 for the fiscal year.

Price stays 47.43 percent below its high

The latest ASX price sits within a 52-week range of AUD 58.71 to AUD 122.03. It is 9.27 percent above the low and 47.43 percent below the high. The finance snapshot also shows a 4.63 percent daily gain, with 364,875 shares traded against an average volume of 357,207 shares.

Valuation and October 20 date

Hub24 had a market capitalization of AUD 5.2 billion and a price-to-earnings ratio of 43.94 as of October 16, 2026. Simply Wall St lists October 20, 2026 as the next earnings date.

Comparison with peers

Hub24: plus 4.63 percent, P/E 43.94, market capitalization AUD 5.2 billion
Netwealth Group (ASX, AUD): plus 7.46 percent, P/E 65.99, market capitalization AUD 4.1 billion
Praemium (ASX, AUD): minus 0.85 percent, P/E 42.03, market capitalization AUD 282.7 million

ASX price gives the market frame

Hub24's latest quotation places the stock nearer its 52-week low than its high, while the UBS target remains above the market level. The next scheduled earnings date is October 20, 2026.

The latest available ASX price was AUD 64.15 on October 16, 2026 at 4:11 p.m. AEDT, up 4.63 percent on the day.