Contact Energy stock stood 16.71 percent below its NZD 10.35 target on October 16, 2026
Published on 10/17/2026 at 21:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and dates
- Investing.com cited a five-analyst average target of NZD 10.35 on October 12, 2026.
- Contact Energy's next interim results are scheduled for February 15, 2027.
- Contact Energy stock stood at NZD 8.62 on October 16, 2026, down 2.16 percent versus the NZX close.
- Contact Energy had a NZD 9.3 billion market value and a 20.52 price-to-earnings ratio on October 16, 2026.
Investing.com reported on October 12, 2026, that five analysts had set an average 12-month target of NZD 10.35 for Contact Energy, leaving the price 16.71 percent below that target. Contact Energy stock stood at NZD 8.62 on October 16, 2026, down 2.16 percent versus the NZX close.
Target stays above price
The consensus target gives investors a concrete valuation marker, but it is not a forecast made by the company. The comparison is based on the NZD 10.35 average target and the NZD 8.62 NZX price, both dated to October 2026. The target is also distinct from Contact Energy's reported operating figures and dividend decisions.
October trading position
Contact Energy's October 16 price sat within a 52-week range of NZD 8.38 to NZD 9.99. It was 13.71 percent below the high and 2.86 percent above the low. The same quote showed 5,124,897 shares traded, against an average volume of 1,194,462 shares, while the day range ran from NZD 8.60 to NZD 8.81.
Valuation and next date
The company had a market capitalization of NZD 9.3 billion and a price-to-earnings ratio of 20.52 on October 16, 2026. Its trailing dividend yield was 0.05 percent. The next interim results are scheduled for February 15, 2027, according to Intelligent Investor.
Comparison with peers
CEN (NZX, NZD): minus 2.16 percent, price-to-earnings ratio 20.52, market capitalization NZD 9.3 billion
Meridian Energy (NZX, NZD): minus 0.53 percent, price-to-earnings ratio 112.47, market capitalization NZD 14.9 billion
Genesis Energy (NZX, NZD): minus 2.83 percent, price-to-earnings ratio 30.65, market capitalization NZD 3.2 billion
Market placement
Contact Energy is a New Zealand utility that generates and sells electricity and natural gas through wholesale and customer operations. Its investor centre says the company serves more than 650,000 customer connections and operates across electricity, gas, broadband and mobile services. The company also identifies December 31, 2026 as its half-year end on its investor-centre page.
Contact Energy was last at NZD 8.62 on the NZX on October 16, 2026 at 5:01 p.m. NZDT, down 2.16 percent versus the NZX close of October 15, 2026 at NZD 8.81.
Contact Energy market facts
- Company: Contact Energy Limited
- ISIN: NZCENE0001S6
- Ticker: CEN.NZ
- Primary exchange: NZX
- Price on October 16, 2026 at 5:01 p.m. NZDT: NZD 8.62
- Change versus the NZX close: minus 2.16 percent
- Market capitalization: NZD 9.3 billion as of October 16, 2026
- 52-week range: NZD 8.38-NZD 9.99 as of October 16, 2026
- Sector / Industry: Utilities / Renewable Utilities
Market context: Current market reports.
