Hub24 stock fell 1.48 percent as FY26 flows slowed

Published on 10/07/2026 at 00:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hub24 stock was last at AUD 63.71 on October 6, 2026, while FY26 revenue reached AUD 501.1 million. First-quarter results are due October 20, 2026.

Hub24, AU000000HUB4, Illustration mit AI erstellt.

Hub24 (AU000000HUB4) was last at AUD 63.71 on the ASX on October 6, 2026, down 1.48 percent from the prior close of AUD 64.67. The valuation debate now centers on a widening gap between strong FY26 earnings growth and slower platform inflows.

FY26 earnings outpaced inflows

According to The Motley Fool Australia on September 23, 2026, FY26 revenue grew 23 percent to AUD 501.1 million, underlying EBITDA increased 30 percent to AUD 211.4 million, and underlying NPAT rose 40 percent to AUD 137.3 million. Those figures describe a business that continued to expand its earnings base through the fiscal year ended June 30, 2026.

The pressure point was cash entering the platform. FY26 net inflows fell 4 percent year over year to AUD 18.9 billion, while platform funds under administration reached AUD 139.5 billion, up 24 percent, according to The Motley Fool Australia on September 17, 2026. For the market, the combination matters because earnings growth remains measurable while the flow engine has lost pace.

Consensus stays above the quote

The Motley Fool Australia reported on September 17, 2026, that the average 12-month target from 13 ranked analysts was AUD 97.18. The published targets cited in that report ranged from AUD 90 to AUD 101, placing the average target 52.53 percent above the October 6 price of AUD 63.71.

The spread between the quote and consensus is substantial, but it also reflects the risk investors are pricing into the stock. The same report identified elevated discretionary IDPS outflows in August, while superannuation flows were holding up better, making future flow data a key test for the premium valuation.

October dates set the next checkpoints

Hub24 is scheduled to pay a fully franked final dividend of AUD 0.42 per share on October 13, 2026, according to Simply Wall St in its October 4, 2026 update. The payment gives shareholders a near-term cash event after the stock's decline, although it does not resolve the question of platform inflows.

The next operating checkpoint is October 20, 2026, when Hub24 is scheduled to release first-quarter results, as reported by The Motley Fool Australia on September 17, 2026. That update can show whether the FY26 flow slowdown continued into the new fiscal year.

Hub24 stock stays below yearly high

At AUD 63.71 on October 6, 2026, Hub24 stock was 47.79 percent below its 52-week high of AUD 122.03 and only AUD 1.92 above its 52-week low of AUD 61.79, keeping earnings growth and inflow momentum tightly linked in the market's assessment.