What Is the Upside Potential for Australian Agricultural Company (ASX:AAC)? Broker Consensus Target Implies 41.2% Upside

Sonal Goyal

09 October 2026 11:39 AM AEDT

What Is the Upside Potential for Australian Agricultural Company (ASX:AAC)? Broker Consensus Target Implies 41.2% Upside

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Highlights

Consensus rating of Buy from 1 analysts: 1 Buy or equivalent, 0 Hold, 0 Sell or equivalent.
Mean price target of A$1.85 against a share price of A$1.31 on 8 October 2026, an implied upside of 41.2%.
Analyst targets range from A$1.85 to A$1.85.
Revenue was $422.1 million, compared with $387.9 million, up 9%.

Australian Agricultural Company (ASX:AAC) carries a consensus analyst rating of Buy. Of the 1 analyst recommendations recorded, 1 is Buy or equivalent, 0 are Hold and 0 are Sell or equivalent. The mean price target is A$1.85, with targets ranging from A$1.85 to A$1.85, against a current share price of A$1.31 (8 October 2026). Australian Agricultural Company Limited (AACo) is an Australian beef producer with cattle and pastoral properties. The consensus data covers a single analyst recommendation.

Company name	Australian Agricultural Company
Ticker	(ASX:AAC)
Exchange	ASX (Australian Securities Exchange)
Current share price	A$1.31
Price date	8 October 2026
Number of analysts	1
Rating consensus	Buy
Consensus price target (mean)	A$1.85
Highest target	A$1.85
Lowest target	A$1.85
Implied upside/downside to mean target	Implied upside of 41.2%

Latest developments

Australian Agricultural Company (ASX:AAC) announced its full-year results on 20 May 2026. Revenue was $422.1 million, compared with $387.9 million, up 9%. Operating profit was $71.6 million, compared with $58.4 million, up 23% and described as the company's best full-year result on that measure. Adjusting for the North Queensland flooding event, underlying operating profit was $80.6 million.

Core free cash flow, which is free Cash Flow less in-year strategic investments, was $0.8 million, compared with negative $10.6 million. A $128.6 million increase in the Fair Value of the herd lifted statutory net profit after tax to $107.3 million, compared with a loss of $1.1 million. A $153.0 million uplift in property values combined with the herd valuation lifted net tangible assets 15% to $2.92 per share, compared with $2.55.

The company attributed the operating result to improving commercial sales performance, price growth, disciplined global market allocation and adaptive sales timing, together with operational efficiencies.

Sector context

Beef producers' results depend on cattle and beef prices, seasonal and weather conditions and the fair value of livestock and land. The company describes increasingly uncertain market and environmental conditions during the year, including the scale of the North Queensland flooding event.

Risks and what to watch

Statutory profit of $107.3 million is mainly driven by non-cash fair value changes in the herd and property values, and operating profit was $71.6 million. The flooding event reduced operating profit by about $9.0 million. Core free cash flow was only $0.8 million. The consensus data for this stock reflects a single analyst, and cattle prices, weather and herd valuation assumptions affect results.

Next milestones

Items to watch include recovery after the North Queensland flooding, cattle and beef price trends, further strategic Investment in beef quality and land use, herd and property valuations, and the company's next trading update.

FAQs

Q: What is the consensus analyst rating for Australian Agricultural Company (ASX:AAC)?

A:The consensus rating is Buy, based on 1 analyst recommendations: 1 Buy or equivalent, 0 Hold and 0 Sell or equivalent.

Q: What are the analyst price targets for Australian Agricultural Company (ASX:AAC)?

A:The mean price target is A$1.85, with a highest target of A$1.85 and a lowest target of A$1.85. The share price on 8 October 2026 was A$1.31.

Q: What did Australian Agricultural Company (ASX:AAC) report for FY26?

A:AACo reported revenue of $422.1 million, operating profit of $71.6 million, statutory NPAT of $107.3 million and net tangible assets of $2.92 per share.

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