Highlights

  • Consensus rating of Buy from 15 analysts: 6 Buy or equivalent, 9 Hold, 0 Sell or equivalent.
  • Mean price target of A$23.75 against a share price of A$16.97 on 8 October 2026, an implied upside of 39.9%.
  • Analyst targets range from A$19.40 to A$27.84.
  • Sales Revenue was $702.0 million, down 3.8%, and revenues from ordinary activities were $711.5 million, down 3.7%.

ARB Corporation (ASX:ARB) carries a consensus analyst rating of Buy. Of the 15 analyst recommendations recorded, 6 are Buy or equivalent, 9 are Hold and 0 are Sell or equivalent. The mean price target is A$23.75, with targets ranging from A$19.40 to A$27.84, against a current share price of A$16.97 (8 October 2026). ARB Corporation Limited is an Australian manufacturer and distributor of four-wheel drive and light commercial vehicle accessories.

Company name

ARB Corporation

Ticker

(ASX:ARB)

Exchange

ASX (Australian Securities Exchange)

Current share price

A$16.97

Price date

8 October 2026

Number of analysts

15

Rating consensus

Buy

Consensus price target (mean)

A$23.75

Highest target

A$27.84

Lowest target

A$19.40

Implied upside/downside to mean target

Implied upside of 39.9%

Latest developments

ARB Corporation (ASX:ARB) lodged its Appendix 4E for the year ended 30 June 2026, with the financial report dated 25 August 2026. Sales revenue was $702.0 million, down 3.8%, and revenues from ordinary activities were $711.5 million, down 3.7%. Profit before tax attributable to members was $123.0 million, down 8.9%, and profit after tax attributable to members was $92.4 million, down 5.2%. Underlying net profit attributable to members was $89.0 million, down 7.5%.

Underlying net profit adjusts for a $2.1 million after-tax gain on the sale of two retail properties and a $1.35 million non-operating gain on the Fair Value adjustment of the MITS Alloy contingent consideration. The prior year included a similar property sale gain and $1.2 million of Acquisition transaction costs. The underlying measure has not been audited.

The final Dividend is 35.0 cents per share, fully franked, with a Record Date of 9 October 2026 and a payment date of 23 October 2026. With the Interim Dividend of 34.0 cents, total dividends for the year are 69.0 cents per share, compared with 119.0 cents in the prior year, which included a 50.0 cent special dividend.

Risks and what to watch

Sales revenue, profit and Underlying Profit all declined, and total dividends fell 42% because the prior year included a 50.0 cent special dividend. The underlying measure is a non-IFRS figure that has not been audited. Results depend on vehicle and accessory demand, exchange rates and the performance of its Investment in its US associate, ORW USA.

Next milestones

Items to watch include payment of the 35.0 cent final dividend on 23 October 2026, first-half FY27 trading, the performance of acquired businesses including MITS Alloy, and any commentary on Demand in the company's annual report.