CLSA keeps AUD 8.10 target for Downer stock

Published on 10/25/2026 at 00:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Downer posted AUD 9.70 billion revenue in fiscal 2026, down 7.40 percent from fiscal 2025. The AGM for Downer stock is set for November 11, 2026.

Analyst target and reporting date

CLSA maintained an AUD 8.10 target for Downer on October 6, 2026.
Fiscal 2026 revenue was AUD 9.70 billion, down 7.40 percent from fiscal 2025.
Downer will hold its annual general meeting on November 11, 2026.

Downer, AU000000DOW2, Illustration mit AI erstellt.

Downer (AU000000DOW2) reported AUD 9.70 billion in fiscal 2026 revenue, down 7.40 percent from fiscal 2025, while underlying EBITA rose 6.10 percent to AUD 503.00 million. On October 6, 2026, Investing.com listed CLSA as maintaining an AUD 8.10 price target for Downer. The figures put margin improvement ahead of revenue growth in the current investment debate.

What changed in fiscal 2026?

Simply Wall St reported that Downer's fiscal 2026 group margin reached 5.10 percent and statutory net profit after tax increased 51.20 percent. Revenue fell while profitability improved, a combination that makes contract quality and execution more important than headline sales growth.

Downer's market capitalization was AUD 4.6 billion as of October 23, 2026. The same market snapshot showed a 52-week range of AUD 6.25 to AUD 8.65, placing the last quoted ASX value below the upper end of that range.

Three dated steps for Downer

On August 20, 2026, Downer presented its fiscal 2026 result, with underlying EBITA of AUD 503.00 million and a 5.10 percent group margin reported by Simply Wall St. On October 6, 2026, CLSA maintained its AUD 8.10 target, as listed by Investing.com. On October 7, 2026, ASX published the notice for the November 11, 2026 annual general meeting.

Which dates matter next?

The next scheduled date is November 9, 2026, when shareholder registration closes at 7:00 p.m. Sydney time, followed by the annual general meeting on November 11, 2026 at 11:00 a.m. AEDT, according to the ASX notice. Shareholders will consider the fiscal 2026 financial report, director re-elections, the remuneration report and a proposed long-term incentive grant.

ASX valuation remains the anchor

Downer was last at AUD 7.12 on the ASX on October 23, 2026 at 4:10 p.m. AEDT. The quote stood below the AUD 8.65 52-week high and above the AUD 6.25 low, while the AUD 4.6 billion market capitalization keeps the stock tied to the companys ability to convert its contract base into cash flow. The further course of trading is shown by the continuously updated real-time quote of Downer stock.