Orica stock: Macquarie maintains target for Orica stock at AUD 26.10
Published on 10/24/2026 at 00:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and reporting date
- Macquarie set an AUD 26.10 target for Orica on October 21, 2026.
- Underlying net profit after tax rose 8.00 percent in first-half fiscal 2026.
- Orica's next reporting date is November 12, 2026.
Orica Limited (AU000000ORI1) has a fresh AUD 26.10 analyst target from Macquarie, while its last ASX price was AUD 22.87 on October 23, 2026. Markets Insider reported on October 21, 2026, that Macquarie maintained its Buy rating and set the target at AUD 26.10.
Supply security is the immediate test
Orica's latest operating story is centered on North American ammonium nitrate supply for fiscal 2027. A September 28 update said the company had secured supply through United States and Canadian sources and expected no material fiscal 2027 margin impact from higher sourcing costs, according to Business News Today.
The same update moved the planned Deer Park land sale beyond fiscal 2026. That changes the timing of potential cash inflows, but the report said it does not affect explosives production or customer supply.
Three events set the earnings path
Orica reported first-half fiscal 2026 underlying net profit after tax of AUD 283.10 million on May 20, 2026, up 8.00 percent, while EBIT reached AUD 512.00 million, according to Simply Wall St. On September 28, 2026, Orica secured fiscal 2027 North American supply. On October 21, 2026, Macquarie maintained its Buy rating and set an AUD 26.10 target.
What dates matter next?
Simply Wall St lists November 12, 2026, as Orica's next reporting date and December 16, 2026, for the annual general meeting. The November release should show whether higher sourcing costs are being offset by logistics improvements and cost reductions.
Price and valuation context
Orica's market capitalization was AUD 10.6 billion as of October 23, 2026, with a 52-week range of AUD 18.58 to AUD 26.47. The last ASX price was AUD 22.87 on October 23, 2026 at 4:10 p.m. AEDT, leaving the stock below the reported analyst target while management prepares its fiscal 2027 outlook.
The further course of trading is shown by the continuously updated real-time quote of Orica stock.
Orica stock key data
- Company: Orica Limited
- ISIN: AU000000ORI1
- Ticker: ORI.AX
- Primary exchange: ASX
- ASX price (as of October 23, 2026, 4:10 p.m. AEDT): AUD 22.87
- Market capitalization: AUD 10.6 billion (as of October 23, 2026)
- 52-week range: AUD 18.58-AUD 26.47 (as of October 23, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
- Next earnings date: November 12, 2026
Market context: Market report S&P/ASX 200.
