Bank of America keeps Hold on Woodside stock at AUD 34.90

Published on 10/24/2026 at 19:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 revenue rose 2.00 percent to USD 4.28 billion. Woodside stock costs EUR 21.00 on October 24, 2026, up 3.29 percent versus Frankfurt close.

Analyst target and reporting date

Bank of America Securities reiterated Hold and set an AUD 34.90 target on October 22, 2026.
Woodside reported USD 4,281 million in third-quarter 2026 operating revenue, up 2.00 percent from the prior quarter.
Woodside stock costs EUR 21.00 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 3.29 percent above the Frankfurt close of October 23, 2026.
Woodside will hold its Australian Capital Markets Day on November 5, 2026.

Woodside, AU0000224040, Illustration mit AI erstellt.

Bank of America Securities reiterated a Hold rating for Woodside Energy Group and set an AUD 34.90 price target on October 22, 2026, according to Markets Insider. The target stood 2.77 percent above the AUD 33.96 closing price cited in the report. Woodside stock was trading at EUR 21.00 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, up 3.29 percent versus the Frankfurt close of October 23, 2026.

Revenue rises in the third quarter

Woodside reported USD 4,281 million in operating revenue for the third quarter of 2026, up 2.00 percent from USD 4,185 million in the second quarter. The result came with quarterly production of 46.20 million barrels of oil equivalent, a 12.00 percent increase from 41.27 million barrels of oil equivalent in the second quarter.

The company also reported an average realized LNG price of USD 84.00 per barrel of oil equivalent for the third quarter, compared with USD 85.00 in the second quarter. Reliability was above 99.00 percent at Sangomar, the North West Shelf Project and Pluto LNG during the period, according to the MarketScreener report published on October 20, 2026.

What comes after the report?

Woodside has scheduled its Australian Capital Markets Day for November 5, 2026, followed by a US event on November 12, 2026. The company also listed its fourth-quarter report for January 28, 2027, in the events calendar carried with the third-quarter release.

For valuation context, the stock's primary-market quote was USD 23.66 at the October 23, 2026 session close, with a trailing P/E ratio of 14.36 and a market capitalization of USD 44.9 billion. The same quote showed a 52-week range of USD 14.57 to USD 25.19.

Woodside and energy peers

Woodside's latest quarterly figures show higher production and revenue, while the analyst target remains above the cited Australian closing price. The company is also progressing major projects: Scarborough was 99.00 percent complete at the end of the third quarter, with first LNG cargo targeted for the fourth quarter of 2026. Louisiana LNG was 32.00 percent complete and targeted first LNG in 2029, according to MarketScreener.

Stock position in Germany

Woodside stock was trading at EUR 21.00 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 3.29 percent above the Frankfurt close of October 23, 2026 at EUR 20.33. The euro quotation puts the stock near its recent German-market high of EUR 20.93 reported for October 21, 2026.

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