FINANCIAL NEWS

Next Week At A Glance – 10-24 Oct 2025

A brief look at important company events and economic data releases next week

12:58 PM


In Case You Missed It – BC Extra Upgrades & Downgrades – 17-10-25

A summary of the highlights from Broker Call Extra updates throughout the week past

11:00 AM


Weekly Top Ten News Stories – 17 October 2025

Our top ten news stories from 09 October 2025 to 16 October 2025

10:50 AM


FNArena Corporate Results Monitor – 17-10-2025

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

10:40 AM


Paladin Energy Powering On

Record quarterly production, a promising new project, and surging global demand for nuclear energy is injecting renewed excitement for the prospects of Paladin Energy

10:30 AM


Citi rates AMP as Downgrade to Neutral from Buy

AMP's September quarter update shows strong momentum, assesses Citi. Net inflows into the North platform increased 60% year-on-year and were only slightly below the typically strong second quarter.

Adviser engagement is increasing and a potential reduction in competition from a major rival could further support growth, highlights the broker, although wealth and superannuation & investments flows turned negative.

Citi points to improved retention efforts and a growing likelihood of a FY25 capital return.

The broker raises its FY25, FY26, and FY27 earnings forecasts by 1%, 2%, and 2%, respectively. The target is raised to $2.10 from $2.00 and the rating is downgraded to Neutral from Buy after a strong recent share price performance.

Citi rates IFT as Buy

Infratil has announced a 40MW data centre contract for its 49.75%-owned Canberra Data Centres (CDC) with Firmus Technologies in Melbourne, with delivery expected from April 2026, which Citi views as a key milestone.

The broker notes this marks the first stage of a new partnership between CDC, Firmus, and Nvidia, with Firmus targeting more than $73bn of data centre development by 2028, highlighting further upside potential.

Citi observes the agreement secures CDC’s goal of doubling earnings (EBITDA) between FY25 and FY27 and expects upside to net asset value (NAV) and a narrowing price-to-NAV discount.

Citi retains a Buy rating with a NZ$14.10 target price.

Morgans rates STO as Upgrade to Accumulate from Trim

Santos announced 3Q2025 production at 21.3mmboe, around -4% down on the prior quarter and below consensus by -3% and Morgans forecast.

Sales of US$1,129m fell -12% on the prior quarter and missed consensus/Morgans by -5% and -7%, respectively.

The miss was attributed to maintenance in WA and Cooper flood recovery. On a positive note, Barossa delivered first gas and the initial LNG cargo is still targeted for 4Q2025.

Production guidance for 2025 also declined to 89-91mmboe from around 92mmboe, with higher second half capex in WA due to maintenance.

Morgans highlights sentiment has been hit by the failure of the Adnoc deal, and the share price is viewed as oversold. The stock is upgraded to Accumulate from Trim with a lower target of $6.80 from $7.20.

Click here to see full report market arrow icon

ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

To display the stock analysis for a company please enter the company code:

ANZ | ANZ GROUP HOLDINGS LIMITED

Abbreviated format - see the full version here


LAST PRICECHANGE +/-CHANGE %VOLUME

$36.79

16 Oct
2025

market green arrow 0.690

OPEN

$36.52

market green arrow 1.91%

HIGH

$37.08

5,867,709

LOW

$36.09

TARGET
$31.620-14.1% downside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps)xxx 218.0 214.2 xxx
DPS (cps)xxx 166.0 164.0 xxx
EPS Growthxxx - 8.0% - 1.7% xxx
DPS Growthxxx - 5.1% - 1.2% xxx
PE Ratioxxx N/A 17.0 xxx
Dividend Yieldxxx N/A 4.5% xxx
Div Pay Ratio(%)xxx 76.2% 76.6% xxx

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9K Followers
25.4K Posts
@Filapek
Rudi Filapek-Vandyck@Filapek
2h
RBC Capital on Premier Investments $PMV: "We initiate with a Sector Perform rating and A$19.80/share PT. "Peter Alexander remains the key growth driver of the business, with a strong track record of growth. "However, we see upside to be contingent on 1) long-term success in
@Filapek
Rudi Filapek-Vandyck@Filapek
2h
RBC Capital on Super Retail $SUL: "We initiate on SUL with a Sector Perform rating, and A$18.20/share PT. "SCA, SUL's primary growth engine, offers resilient earnings through essential maintenance, supported by growth in ANZ's vehicle population. "EV adoption presents limited
@Filapek
Rudi Filapek-Vandyck@Filapek
2h
RBC Capital: "We assume coverage of Orica with an Outperform rating (no change); however, we have raised our price target by 7% to $24.70 on the back of EPS upgrades of 2-4% and a change in methodology inputs. "Our rating is supported by strong forecast EPS growth, favourable
@Filapek
Rudi Filapek-Vandyck@Filapek
18h
Jarden on Santos $STO: "Rating: Underweight. Target Price: A$6.25. Price (previous close): A$6.33. "Overall: Negative, with delays at Barossa triggering a downgrade to 2025 production guidance. Sep qtr production and FCF generation also a miss vs both Jarden and consensus.
@Filapek
Rudi Filapek-Vandyck@Filapek
20h
RBC Capita: "We believe ALQ is likely to outperform current market earnings expectations for FY26 where its leverage to mineral sample volume growth is currently not being fully recognised. "Key fundamental data including Drilling Activity and Junior Equity Issuances support
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
Weekly Insights this week tells the tale of Australia's first active contribution to tomorrow's world of AI services and applications https://t.co/m6uV5WC9la$TNE #stockinfocus#AI#investing#XJO#equities#allweatherman@FNArena
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
UBS on Bank of Queensland $BOQ: "In line result. Beat on DPS. Steady progress on reshaping the overall franchise. "We could imagine BOQ, in time, being a potentially smaller, yet more profitable business albeit still battling to close the gap between cost of equity and return
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
RBC Capital on Evolution Mining $EVN: "A soft Q1 with gold missing cons/RBC by 5%/8% has EVN tracking below FY26 guidance in a potentially 1H heavy production year. "Plus some project details have been omitted, potentially creating some uncertainty. 100% Q1 production of 174koz
@Filapek
Rudi Filapek-Vandyck@Filapek
1d
RBC Capital on Paladin Energy $PDN: "Paladin delivered another solid operational quarter at Langer Heinrich, reinforcing confidence in its ability to achieve nameplate capacity by end-FY26. "With production and mining execution improving, Paladin has emerged as one of the few
@Filapek
Rudi Filapek-Vandyck@Filapek
3d
E&P on Catapult $CAT: "Catapult has announced an intended acquisition and associated equity raising, as well as a trading update. "Overall the acquisition looks like a logical fit for the company, with key strengths in soccer and capabilities that are adjacent to, and
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DAILY FINANCIAL NEWS

FNArena Corporate Results Monitor – 17-10-2025

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

10:40 AM - Australia


Record quarterly production, a promising new project, and surging global demand for nuclear energy is injecting renewed excitement for the prospects of Paladin Energy

10:30 AM - Commodities


Australia’s clean energy landscape is being reshaped by the federal government’s $2.3bn Cheaper Home Batteries program

Oct 16 2025 - ESG Focus


The Chartist reports shares in Mineral Resources have seen their low, with risk now shifting to more upside

Oct 16 2025 - Technicals


Investors are being drawn to Dalrymple Bay Infrastructure’s predictability and stability in an uncertain world, offering dividend growth ahead

Oct 16 2025 - Australia


Shares in DigiCo Infrastructure REIT have been re-invigorated following new contract wins and updated FY26 guidance by management

Oct 15 2025 - Small Caps


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RUDI'S VIEWS

Rudi’s View: Small Caps, Quality, Gold, Balance & Maximum Diversification

Updates on Most Favoured, Best Buys, Conviction Calls and Model Portfolio changes

Oct 16 2025

DAILY MARKET REPORTS

The Overnight Report: US Credit Concerns

A global perspective on what happened overnight

8:56 AM


Today’s Financial Calendar – 17-10-2025

Significant Scheduled Events For 17 October, 2025

8:15 AM


ASX Winners And Losers Of Today – 16-10-25

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Oct 16 2025


Australian Broker Call *Extra* Edition – Oct 16, 2025

Extra Edition of the Broker Call Report

Oct 16 2025


The Overnight Report: Data Centre Sales Abound

A global perspective on what happened overnight

Oct 16 2025


Today’s Financial Calendar – 16-10-2025

Significant Scheduled Events For 16 October, 2025

Oct 16 2025


ASX Winners And Losers Of Today – 15-10-25

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Oct 15 2025


WEEKLY REPORTS

Next Week At A Glance – 10-24 Oct 2025

A brief look at important company events and economic data releases next week

12:58 PM

In Case You Missed It – BC Extra Upgrades & Downgrades – 17-10-25

A summary of the highlights from Broker Call Extra updates throughout the week past

11:00 AM

Weekly Top Ten News Stories – 17 October 2025

Our top ten news stories from 09 October 2025 to 16 October 2025

10:50 AM


In Brief: Dicker Data, SRG Global & ResMed

In Brief highlights three analyst favourites this week across a cross section of sectors and themes

10:05 AM

The Short Report – 16 Oct 2025

FNArena’s weekly update on short positions in the Australian share market

Oct 16 2025

Weekly Update On LICs & LITs – 14-Oct-2025

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Oct 14 2025


Uranium Week: Price Frenzy Fades

The U308 spot price took a breather last week as buying from funds subsided and volumes contracted

Oct 14 2025

Australian Listed Real Estate Tables – 13-10-2025

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Oct 13 2025

Weekly Ratings, Targets, Forecast Changes – 10-10-25

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

Oct 13 2025


9K Followers
25.4K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
8h
RBC Capital on Premier Investments $PMV: "We initiate with a Sector Perform rating and A$19.80/share PT. "Peter Alexander remains the key growth driver of the business, with a strong track record of growth. "However, we see upside to be contingent on 1) long-term success in
@Filapek
Rudi Filapek-Vandyck @Filapek
8h
RBC Capital on Super Retail $SUL: "We initiate on SUL with a Sector Perform rating, and A$18.20/share PT. "SCA, SUL's primary growth engine, offers resilient earnings through essential maintenance, supported by growth in ANZ's vehicle population. "EV adoption presents limited
@Filapek
Rudi Filapek-Vandyck @Filapek
8h
RBC Capital: "We assume coverage of Orica with an Outperform rating (no change); however, we have raised our price target by 7% to $24.70 on the back of EPS upgrades of 2-4% and a change in methodology inputs. "Our rating is supported by strong forecast EPS growth, favourable
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
Jarden on Santos $STO: "Rating: Underweight. Target Price: A$6.25. Price (previous close): A$6.33. "Overall: Negative, with delays at Barossa triggering a downgrade to 2025 production guidance. Sep qtr production and FCF generation also a miss vs both Jarden and consensus.
@Filapek
Rudi Filapek-Vandyck @Filapek
1d
RBC Capita: "We believe ALQ is likely to outperform current market earnings expectations for FY26 where its leverage to mineral sample volume growth is currently not being fully recognised. "Key fundamental data including Drilling Activity and Junior Equity Issuances support
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
Weekly Insights this week tells the tale of Australia's first active contribution to tomorrow's world of AI services and applications https://t.co/m6uV5WC9la $TNE #stockinfocus #AI #investing #XJO #equities #allweatherman @FNArena
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
UBS on Bank of Queensland $BOQ: "In line result. Beat on DPS. Steady progress on reshaping the overall franchise. "We could imagine BOQ, in time, being a potentially smaller, yet more profitable business albeit still battling to close the gap between cost of equity and return
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
RBC Capital on Evolution Mining $EVN: "A soft Q1 with gold missing cons/RBC by 5%/8% has EVN tracking below FY26 guidance in a potentially 1H heavy production year. "Plus some project details have been omitted, potentially creating some uncertainty. 100% Q1 production of 174koz
@Filapek
Rudi Filapek-Vandyck @Filapek
2d
RBC Capital on Paladin Energy $PDN: "Paladin delivered another solid operational quarter at Langer Heinrich, reinforcing confidence in its ability to achieve nameplate capacity by end-FY26. "With production and mining execution improving, Paladin has emerged as one of the few
@Filapek
Rudi Filapek-Vandyck @Filapek
4d
E&P on Catapult $CAT: "Catapult has announced an intended acquisition and associated equity raising, as well as a trading update. "Overall the acquisition looks like a logical fit for the company, with key strengths in soccer and capabilities that are adjacent to, and
FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    17 October 2025   Updated : 15:42   AEDT

    SPI Overnight

    9068.00

    -31.00

    -0.34%

    NZ50

    13289.210

    -99.890

    -0.750%

    All Ordinaries

    9295.40

    -80.50

    -0.86%

    S&P ASX 200

    8997.50

    -70.90

    -0.78%

    S&P ASX 300

    8953.20

    -73.40

    -0.81%

    Communication Services

    1834.10

    -0.20

    -0.01%

    Consumer Discretionary

    4363.50

    -43.30

    -0.98%

    Consumer Staples

    11675.10

    +26.50

    0.23%

    Energy

    8102.50

    -203.30

    -2.45%

    Financials

    9654.60

    -124.40

    -1.27%

    Health Care

    39368.30

    -309.10

    -0.78%

    Industrials

    8667.90

    -24.70

    -0.28%

    Info Technology

    2802.20

    -40.20

    -1.41%

    Materials

    19982.80

    -26.30

    -0.13%

    Real Estate

    4154.60

    -26.50

    -0.63%

    Utilities

    9969.60

    +12.00

    0.12%

    A-REITs

    1911.00

    -12.20

    -0.63%

    All Technology Index

    4094.00

    -58.70

    -1.41%

    Banks

    4160.90

    -21.00

    -0.50%

    Gold Index

    17838.10

    +254.50

    1.45%

    Metals & Mining

    6848.10

    -2.80

    -0.04%

    Click item/line to change chart

  • Australasia

    17 October 2025   Updated : 15:42   AEDT

    AUD/USD

    0.6473

    0.00

    -0.55%

    AUD/NZD

    1.1286

    -0.01

    -0.50%

    NZD/USD

    0.5735

    0.00

    -0.05%

    AUD/JPY

    97.14

    -1.33

    -1.35%

    SGD/AUD

    1.20

    +0.01

    0.78%

    AUD/EUR

    0.5528

    -0.01

    -0.99%

    AUD/GBP

    0.4812

    0.00

    -0.64%

    AUDCAD

    0.9089

    0.00

    -0.51%

  • World

    17 October 2025   Updated : 15:42   AEDT

    CAD/USD

    0.7122

    0.00

    -0.03%

    EUR/JPY

    175.74

    -0.66

    -0.37%

    EUR/USD

    1.1710

    +0.01

    0.43%

    GBP/USD

    1.3452

    +0.00

    0.08%

    USD/JPY

    150.08

    -1.21

    -0.80%

    Click item/line to change chart

  • World

    17 October 2025   Updated : 15:42   AEDT

    FTSE100

    9436.09

    +11.34

    0.12%

    DAX30

    24272.19

    +90.82

    0.38%

    Hang Seng

    25473.09

    -415.42

    -1.60%

    Nikkei 225

    47635.55

    -642.19

    -1.33%

    DJIA

    45952.24

    -301.07

    -0.65%

    S&P500

    6629.07

    -41.99

    -0.63%

    Nasdaq Comp

    22562.54

    -107.54

    -0.47%

    S&P500 VIX

    25.31

    +4.67

    22.63%

    US 10-year yield

    3.976

    -0.070

    -1.730%

    USD Index

    98.12

    -0.39

    -0.39%

  • Aus Stocks

    17 October 2025   Updated : 15:42   AEDT

    Amcor (US)

    8.14

    +0.09

    1.12%

    Newmont (US)

    98.27

    +4.69

    5.01%

    Rio Tinto (UK)

    5131.66

    -9.34

    -0.18%

    BHP Group (US)

    56.28

    -0.41

    -0.72%

    Rio Tinto (US)

    68.75

    -0.11

    -0.16%

    ResMed (US)

    270.00

    +0.30

    0.11%

    South32 (UK)

    154.80

    -1.20

    -0.77%

    James Hardie (US)

    21.69

    -0.87

    -3.86%

    Janus Henderson (US)

    42.20

    -2.20

    -4.95%

    Click item/line to change chart

  • Metals & Minerals

    17 October 2025   Updated : 07:42   AEDT

    Gold (oz)

    4329.76

    +102.61

    2.43%

    Silver (oz)

    53.29

    +0.78

    1.49%

    Copper (lb)

    4.9848

    +0.00

    0.01%

    Aluminium (lb)

    1.2701

    +0.02

    1.90%

    Nickel (lb)

    6.8258

    +0.07

    0.97%

    Zinc (lb)

    1.3488

    +0.01

    1.05%

    Copper (t)

    10985.18

    +9.26

    0.08%

    Aluminium (t)

    2799.20

    +52.15

    1.90%

    Nickel (t)

    15044.00

    +145.00

    0.97%

    Zinc (t)

    2972.70

    +30.85

    1.05%

    Uranium (lb) weekly

    79.00

    -2.25

    -2.77%

    Iron Ore (t)

    105.56

    +0.01

    0.01%

  • Energy

    17 October 2025   Updated : 07:42   AEDT

    West Texas Crude

    57.51

    -0.98

    -1.68%

    Brent Crude

    61.08

    -1.08

    -1.74%

CALENDAR

Friday, 17 October 2025
EZ Sept CPI
US Sept Building permits (suspended)
US Sept Housing starts (suspended)
US Sept Industrial Prod'n (suspended)
AFGAGM
CUVAGM
FFIex-div 12.5c (100%)
RULAGM
SLXAGM
Monday, 20 October 2025
NZ Sept Qtr CPI
CH 3Q GDP
CH Sept Industrial Prod'n

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon up$36.03

CSLCSL LIMITED

market icon down$218.67

REAREA GROUP LIMITED

market icon down$216.61

TNETECHNOLOGY ONE LIMITED

market icon down$38.90

WOWWOOLWORTHS GROUP LIMITED

market icon up$26.64

WEEKLY PDF

Stories To Read From FNArena


WEEK 42
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WEEK 41
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FNARENA TALKS

FNARENA WINDOWS

Window on URANIUM

Paladin Energy Powering On

Record quarterly production, a promising new project, and surging global demand for nuclear energy is injecting renewed excitement for the prospects of Paladin Energy

10:30 AM


Window on HARDWARE & EQUIPMENT

In Brief: Dicker Data, SRG Global & ResMed

In Brief highlights three analyst favourites this week across a cross section of sectors and themes

10:05 AM


Window on INFRASTRUCTURE & UTILITIES

$2.3bn Battery Subsidy Reshaping Australia’s Energy Stocks

Australia’s clean energy landscape is being reshaped by the federal government’s $2.3bn Cheaper Home Batteries program

Oct 16 2025


GEN AI

DigiCo Deals Diminish Doubts

Shares in DigiCo Infrastructure REIT have been re-invigorated following new contract wins and updated FY26 guidance by management

Oct 15 2025


FEATURE STORIES

Rudi’s Comprehensive August 2025 Review

A compilation of stories relating to the August 2025 corporate reporting season in Australia, including FNArena’s final balance for the season

Oct 09 2025