UBS sets AUD 17.00 target for Pinnacle Investment Management Group stock

Published on 10/14/2026 at 00:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 net profit rose 31.50 percent to AUD 176.70 million. The October 30, 2026 AGM concerns Pinnacle Investment Management Group stock.

Analyst view and company dates

UBS analyst Fraser Noye maintained a Buy rating and set an AUD 17.00 target on October 7, 2026.
Pinnacle reported AUD 176.70 million in FY26 net profit after tax, up 31.50 percent year over year.
Pinnacle Investment Management Group stock was last at AUD 13.88 on the ASX on October 13, 2026.
The company will hold its annual general meeting on October 30, 2026.

Pinnacle, AU000000PNI7, Illustration mit AI erstellt.

UBS analyst Fraser Noye maintained a Buy rating on Pinnacle Investment Management Group stock and set an AUD 17.00 price target on October 7, 2026, according to Markets Insider. The target lies 22.48 percent above the ASX price of AUD 13.88 dated October 13, 2026.

Three milestones shape the story

On August 4, 2026, Pinnacle reported FY26 net profit after tax of AUD 176.70 million, up 31.50 percent from AUD 134.40 million in FY25, according to Kapitales Research. On September 23, 2026, TipRanks OpenAI upgraded the stock to Buy with an AUD 15.00 target, as reported by Markets Insider. UBS then set the AUD 17.00 target on October 7, 2026.

What does the target imply?

The analyst view points to a higher valuation than the October 13 ASX price, while Pinnacle's operating scale provides the financial backdrop. FY26 funds under management rose 27.90 percent to AUD 229.40 billion from AUD 179.40 billion, and net inflows reached AUD 33.40 billion, according to Kapitales Research. The combination of earnings growth and expanding FUM explains why analyst targets remain a central part of the stock discussion.

Annual meeting set for October 30

Pinnacle's 2026 annual general meeting will take place in Sydney and by webcast on October 30, 2026, with votes covering the financial and remuneration reports, director elections and share issuance resolutions, according to The Globe and Mail. The meeting gives investors a scheduled governance checkpoint after the FY26 results and recent analyst revisions.

ASX price and valuation context

Pinnacle Investment Management Group was last at AUD 13.88 on the ASX on October 13, 2026 at 4:10 p.m. AEDT. Its market capitalization was AUD 3.2 billion on that date, while the 52-week ASX range was AUD 12.16 to AUD 21.13. The quoted price sits 34.29 percent below the 52-week high, calculated in AUD from the same market snapshot.