Canaccord keeps Buy rating for Lynas stock at AUD 22.00 target
Published on 10/27/2026 at 19:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Canaccord Genuity maintained its Buy rating and set an AUD 22.00 target on October 16, 2026.
- Lynas is scheduled to report first-quarter results on October 29, 2026.
- Lynas stock costs EUR 7.49 at Lang & Schwarz on October 27, 2026 at 7:50 p.m. CEST.
Lynas Rare Earths (AU000000LYC6) is heading toward a key reporting date while Canaccord Genuity maintains a bullish view with an AUD 22.00 price target. The analyst firm kept its Buy rating on October 16, 2026, according to The Globe and Mail. Lynas Rare Earths was trading at EUR 7.49 at Lang & Schwarz on October 27, 2026 at 7:50 p.m. CEST.
Canaccord sees AUD 22.00 upside
Canaccord's AUD 22.00 target was set against a reported closing price of AUD 11.07 on October 20, 2026. On that comparison, the target stood 98.64 percent above the share price. The same report placed the broader analyst consensus at AUD 17.24, while Morgan Stanley had set an AUD 14.65 target on October 12, 2026, according to The Globe and Mail.
Results arrive October 29
Lynas is scheduled to report first-quarter fiscal 2027 results on October 29, 2026. The date is carried by Simply Wall St. That release will give investors a fresh operating-period reference after Lynas reported fiscal year 2026 revenue of AUD 977.90 million, up 76.00 percent from fiscal year 2025, and net income of AUD 222.40 million.
Valuation remains the market test
The latest market figures put Lynas at an AUD 11.70 billion market capitalization, with a 52-week range of AUD 10.69 to AUD 22.37 and a trailing P/E ratio of 52.62. The share price of AUD 11.66 on the ASX on October 27, 2026 leaves the stock close to the lower end of that annual range, while the upcoming results will test whether the earnings base behind the valuation is strengthening.
Price and investor perspective
The euro quotation provides the immediate German trading view, while the analyst targets remain anchored in Australian dollars. Canaccord's AUD 22.00 target and the October 29 reporting date give investors two concrete reference points for the next assessment of Lynas.
Lynas Rare Earths was trading at EUR 7.49 at Lang & Schwarz on October 27, 2026 at 7:50 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Lynas stock.
Lynas Rare Earths at a glance
- Company: Lynas Rare Earths Limited
- ISIN: AU000000LYC6
- Ticker: LYC
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 27, 2026, 7:50 p.m. CEST): EUR 7.49
- Market capitalization: AUD 11.70 billion (as of October 27, 2026)
- 52-week range: AUD 10.69-22.37 (as of October 27, 2026)
- Sector / Industry: Materials / Metals and Mining
- Next earnings date: October 29, 2026
Market context: Market report S&P ASX 200.
