HUB24 LIMITED (HUB)
Share Price Analysis and Chart

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HUB

HUB - HUB24 LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 0.37
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Hub24 operates an online platform providing investment and superannuation services. It was established and listed in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$78.00

26 Aug
2026

-0.170

OPEN

$77.42

-0.22%

HIGH

$78.16

302,878

LOW

$75.76

TARGET
$95.514 22.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . BVS . CGF . DJW . GDG . GQG . HMC . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
HUB: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 147.5 187.7 xxx
DPS (cps) xxx 78.0 91.2 xxx
EPS Growth xxx 50.2% 27.3% xxx
DPS Growth xxx 39.3% 16.9% xxx
PE Ratio xxx N/A 40.5 xxx
Dividend Yield xxx N/A 1.2% xxx
Div Pay Ratio(%) xxx 52.9% 48.6% xxx

Dividend yield today if purchased 3 years ago: 2.47%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.03

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 16/03 - ex-div 36.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx147.5
DPS All xxxxxxxxxxxxxxx78.0
Sales/Revenue xxxxxxxxxxxxxxx501.1 M
Book Value Per Share xxxxxxxxxxxxxxx678.2
Net Operating Cash Flow xxxxxxxxxxxxxxx176.9 M
Net Profit Margin xxxxxxxxxxxxxxx23.99 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx22.21 %
Return on Invested Capital xxxxxxxxxxxxxxx20.41 %
Return on Assets xxxxxxxxxxxxxxx16.84 %
Return on Equity xxxxxxxxxxxxxxx22.21 %
Return on Total Capital xxxxxxxxxxxxxxx24.26 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx116.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx3 M
Long Term Debt xxxxxxxxxxxxxxx69 M
Total Debt xxxxxxxxxxxxxxx72 M
Goodwill - Gross xxxxxxxxxxxxxxx246 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx71 M
Price To Book Value xxxxxxxxxxxxxxx10.72

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx23.1 M
Capex % of Sales xxxxxxxxxxxxxxx4.61 %
Cost of Goods Sold xxxxxxxxxxxxxxx79 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx275 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx35 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

19/08/2026

1

Overweight

$121.00

55.13%

Hub24's FY26 result was in line with consensus. A trading update suggests first quarter FY27 funds under administration are tracking ahead of consensus, Morgan Stanley notes. An FY28 platform FUA target is also in line with consensus.

The strong start to FY27 underpins the broker's confidence in achieving FY27 and new FY28 targets. Hub24 is number one in net flows for 10 straight quarters, has 9.9% share, but wins 45% of industry flows.

The FY28 FUA target implies an 18% CAGR, reflecting durable share growth and structural industry tailwinds. Morgan Stanley is bullish, but notes the stock traded off on net flows and margin concerns. Overweight and $121 target retained.

Industry view: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY27 dividend of 89.50 cents and EPS of 192.00 cents.
Morgan Stanley forecasts a full year FY28 dividend of 109.00 cents and EPS of 234.00 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

20/08/2026

1

Buy

$101.00

29.49%

Jarden maintains a Buy rating for Hub24 with its target price decreased to $101.00 from $106.50 following an in-line FY26 result accompanied by market focus on a soft start to FY27 flows and a new FY28 funds under administration target.

The analyst highlights that platform funds under administration trends to mid-August imply a quarterly net flow run-rate well below expectations.

The broker's estimates reduce flow forecasts while noting that growing operating leverage limits the overall impact to modest negative earnings per share revisions.

Management navigates questions regarding whether recent flow deceleration reflects budget uncertainty or broader market maturity.

The valuation is supported by ongoing margin expansion and mid-teens earnings growth.

Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Extra Coverage Research History >

HUB STOCK CHART

FNArena News on HUB

1
Weekly Ratings, Targets, Forecast Changes – 21-08-26

Aug 24 2026 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Aug 20, 2026

Aug 20 2026 - Daily Market Reports
3
FNArena Corporate Results Monitor – 19-08-2026

Aug 19 2026 - Australia
4
Rudi Interviewed: Bear Market Be Gone

Aug 13 2026 - Rudi's View
5
Rudi’s View: That’s The Way Markets Crumble

Aug 06 2026 - Rudi's View

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