Harvey Norman stock sits 37.76 percent below Bell Potter's AUD 6.70 target

Published on 10/24/2026 at 19:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The AGM is November 25, 2026, after an AUD 0.13 dividend payment. Harvey Norman stock costs AUD 4.17 on October 23, 2026, up 3.22 percent on ASX.

Key figures and dates

Harvey Norman traded 37.76 percent below Bell Potter's AUD 6.70 target on October 7, 2026.
Fiscal 2026 profit before tax rose 4.90 percent to AUD 790.29 million.
Harvey Norman stock last stood at AUD 4.17 on October 23, 2026, up 3.22 percent from AUD 4.04.
The annual meeting is scheduled for November 25, 2026.

Harvey Norman, AU000000HVN7, Illustration mit AI erstellt.

Harvey Norman stock sat 37.76 percent below Bell Potter's AUD 6.70 target on October 7, 2026, based on the AUD 4.17 ASX price used for the comparison, as The Bull reported. The stock last stood at AUD 4.17 on October 23, 2026 at 3:17 p.m. AEDT, up 3.22 percent from the AUD 4.04 prior close.

FY26 profit rose 4.90 percent

Harvey Norman's fiscal 2026 statutory profit before tax increased 4.90 percent to AUD 790.29 million, according to The Bull on October 7, 2026. Company-operated overseas retail profit before tax rose 23.40 percent to AUD 135.72 million in the same fiscal year, partly offsetting weaker domestic conditions.

The operating picture was mixed. Australian franchisee sales fell 3.40 percent year over year in July 2026, while net profit margin declined from 17.70 percent to 17.30 percent, both figures reported by The Bull.

Price range and valuation

The ASX price was 6.11 percent above the AUD 3.93 52-week low and 45.84 percent below the AUD 7.70 high as of October 23, 2026. Harvey Norman's shares were down 42.23 percent year to date on October 7, 2026, while the trailing price-to-earnings ratio stood at 9.50 and the fully franked dividend yield at 6.79 percent, according to The Bull.

Dividend and annual meeting

Harvey Norman declared an AUD 0.13 final dividend, with payment scheduled for November 12, 2026. The company's annual meeting is scheduled for November 25, 2026 at 11:00 a.m. AEDT, according to its September 28, 2026 filing carried by FinancialFilings.

What the valuation signals

The contrast between the AUD 4.17 price and Bell Potter's AUD 6.70 target puts valuation at the center of the stock's profile. The next dated shareholder event is the November 25, 2026 annual meeting, while the November 12, 2026 dividend payment provides the nearer calendar marker.

Harvey Norman's last quoted ASX price was AUD 4.17 on October 23, 2026 at 3:17 p.m. AEDT, up 3.22 percent versus the AUD 4.04 prior close of October 22, 2026. The further course of trading is shown by the continuously updated real-time quote of Harvey Norman stock.