Daily Market Reports | 11:00 AM
An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities.
In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Australian Broker Call *Extra* Edition, featuring additional sources of research and insights on ASX-listed stocks, also enlarging the number of stocks that make up the FNArena universe.
One key difference is the *Extra* Edition will not be updated daily, but merely "regularly" depending on availability of suitable quality content. As such, the *Extra* Edition tries to build a bridge between daily updates via the Australian Broker Call Report and ad hoc news stories, that are not always timely for investors hungry for the next information update.
Investors using the *Extra* Edition as a source of input for their own share market research should thus take into account that information after publication may not be up to date, or yet awaiting another update by FNArena's team of journalists.
Similar to The Australian Broker Call Report, this *Extra* Edition includes concise but limited reviews of research recently published by Stockbrokers and other experts, which should be considered as information concerning likely market behaviour rather than advice on the securities mentioned. Do not act on the contents of this Report without first reading the important information included at the end of this Report.
The Australian Broker Call *Extra* Edition is a summary that has been prepared independently of the sources identified. Readers will check the full text of the recommendations and consult a Licenced Advisor before making any investment decision.
The copyright of this Report is owned by the publisher. Readers will not copy, forward or disseminate this Report to any other person. For more vital information about the sources included, see the bottom of this Report.
COMPANIES DISCUSSED IN THIS ISSUE
Click on a symbol for fast access.
The number next to the symbol represents the number of brokers covering it for this report -(if more than 1)
AWJ BGD CEH EOL MM1 MRT PNI PPL RKT TOR
PPL PUREPROFILE LIMITED
Software & Services - Overnight Price: $0.03
Research as a Service (RaaS) rates ((PPL)) as No Rating (-1) -
Pureprofile delivered record results in the first quarter, amid 14% growth in revenue, and a 27% uplift in EBITDA to $2.4m along with a 100 basis-point increase in the margin to 13%.
This suggests to Research as a Service (RaaS) a faster pace of growth is occurring in the first half. Guidance for FY27 is for revenue in the range of $72m to $75m and an EBITDA margin range of 11%-12%.
Base case valuation is $0.128. A sustained return to profitability and further evidence of margin expansion is expected to underpin the share price in the near term.
Research as a Service (RaaS) research doesn't carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.
This report was published on October 27, 2026.
Target price is $0.13 Current Price is $0.03 Difference: $0.095
If PPL meets the Research as a Service (RaaS) target it will return approximately 288% (excluding dividends, fees and charges).
The company's fiscal year ends in June.
Forecast for FY26:
Research as a Service (RaaS) forecasts a full year FY26 EPS of 24.00 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 0.14.
Forecast for FY27:
Research as a Service (RaaS) forecasts a full year FY27 EPS of 30.00 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 0.11.
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
RKT ROCKETDNA LIMITED
Hardware & Equipment - Overnight Price: $0.02
Research as a Service (RaaS) rates ((RKT)) as No Rating (-1) -
RocketDNA reports xBot recurring revenue rose 24% in the September quarter versus the prior quarter, exceeding 50% of group revenue for the first time.
Total third quarter revenue was up 31% on the prior comparable quarter. A placement of $2.23m has since lifted pro forma cash to around $3.22m, providing the funds to convert the customer pipeline, which RaaS considers will be the path to breakeven.
Research as a Service (RaaS) research standard doesn't carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.
This report was published on November 5, 2026.
Current Price is $0.02. Target price not assessed.
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
TOR TORQUE METALS LIMITED
Gold & Silver - Overnight Price: $0.16
Canaccord Genuity rates ((TOR)) as Speculative Buy (1) -
Canaccord Genuity maintains a Speculative Buy rating for Torque Metals with its target price decreased to $0.50 from $0.55 following strong drilling results from the Ritz Gold Project.
The results featured step-out drilling at the HHH deposit defining a west-plunging high-grade shoot beyond the current 73koz at 2.0g/t resource, with a peak intercept of 4.0m at 9.74g/t gold from 378m.
Canaccord notes this deepest intercept to date occurs outside existing DHEM plates, suggesting the mineralised system remains open down-plunge.
Additional drilling at the Paris deposit returned shallow intercepts, including 12.0m at 2.20g/t gold from 47m, supporting the company's interpretation of broader mineralised continuity.
The analyst updates valuation models to incorporate a recent $25m capital raising at 19c per share, noting the resulting issuance of 132m new shares dilutes the target price despite the positive exploration outcomes.
This report was published on November 4, 2026.
Target price is $0.50 Current Price is $0.16 Difference: $0.34
If TOR meets the Canaccord Genuity target it will return approximately 212% (excluding dividends, fees and charges).
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
Disclaimer:
The content of this information does in no way reflect the opinions of FNArena, or of its journalists. In fact we don't have any opinion about the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide experienced, intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface.
This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FNArena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.