Highlights
- Consensus rating of Buy from 4 analysts: 2 Buy or equivalent, 2 Hold, 0 Sell or equivalent.
- Mean price target of A$5.33 against a share price of A$3.90 on 8 October 2026, an implied upside of 36.8%.
- Analyst targets range from A$4.70 to A$5.75.
- Austal (ASX:ASB) announced on 9 September 2026 that it has received a non-binding indication of interest from a syndicate led by Wildcat Resources LLC to purchase Austal USA from Austal Limited.
Austal (ASX:ASB) carries a consensus analyst rating of Buy. Of the 4 analyst recommendations recorded, 2 are Buy or equivalent, 2 are Hold and 0 are Sell or equivalent. The mean price target is A$5.33, with targets ranging from A$4.70 to A$5.75, against a current share price of A$3.90 (8 October 2026). Austal Limited is a shipbuilder and defence contractor with operations in Australia and the United States through Austal USA.
|
Company name |
Austal |
|
Ticker |
|
|
Exchange |
ASX (Australian Securities Exchange) |
|
Current share price |
A$3.90 |
|
Price date |
8 October 2026 |
|
Number of analysts |
4 |
|
Rating consensus |
Buy |
|
Consensus price target (mean) |
A$5.33 |
|
Highest target |
A$5.75 |
|
Lowest target |
A$4.70 |
|
Implied upside/downside to mean target |
Implied upside of 36.8% |
Latest developments
Austal (ASX:ASB) announced on 9 September 2026 that it has received a non-binding indication of interest from a syndicate led by Wildcat Resources LLC to purchase Austal USA from Austal Limited.
The indication of interest proposes an aggregate Enterprise value of US$1.25 billion to US$1.35 billion on a cash free, Debt free basis, a price which is conditional on being able to conduct four weeks of due diligence. Wildcat has indicated that it intends to operate the company as a standalone platform, retaining the Austal Brand and the company's US operations. The Board and its advisers will consider the proposed transaction.
Risks and what to watch
The indication of interest is non-binding and conditional on four weeks of due diligence, and the announcement does not say whether Austal will engage. The proposed price is an enterprise value range, not a firm offer. Any sale of Austal USA would be a significant change to the group, and there is no certainty that a transaction will proceed.
Next milestones
Items to watch include the Board's response to the indication of interest, whether Due Diligence is granted, any binding proposal or transaction announcement, and any update on the implications for Austal's remaining operations.




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