Canaccord sets AUD 1.65 target for Liontown stock
Published on 10/17/2026 at 21:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and company dates
- Canaccord maintained a Buy rating and set an AUD 1.65 target on October 16, 2026.
- Quarterly revenue reached AUD 431.6 million in the period ending June 30, 2026.
- Liontown stock stood at AUD 0.71 on October 16, 2026 at 4:18 p.m. AEDT, up 4.41 percent versus the prior close.
- Liontown's annual meeting is scheduled for November 26, 2026.
Liontown (AU000000LTR4) had an AUD 1.65 price target from Canaccord on October 16, 2026, implying 132.39 percent upside from the AUD 0.71 ASX price, according to Investing.com. Liontown stock stood at AUD 0.71 on October 16, 2026 at 4:18 p.m. AEDT, up 4.41 percent versus the prior close.
Revenue gives the stock a stronger base
Liontown reported quarterly revenue of AUD 431.6 million for the period ending June 30, 2026, compared with AUD 197.16 million a year earlier. The same report put quarterly net profit at AUD 276.52 million, versus a GAAP net loss of AUD 178.03 million in the comparable period, according to Markets Insider.
Price position remains below the yearly high
The ASX quote sat within a 52-week range of AUD 0.67 to AUD 2.65 on October 16, 2026. Trading volume was 46,359,978 shares, against an average volume of 43,796,006 shares. The latest price therefore stood AUD 1.94 below the yearly high and AUD 0.04 above the yearly low.
Valuation and the next company date
Liontown had a market capitalization of AUD 2.3 billion, a trailing P/E ratio of 33.81 and a dividend yield of 0.00 percent as of October 16, 2026. The analyst picture remains mixed: Investing.com listed 13 analysts, with seven Buy, four Hold and two Sell ratings, alongside an average 12-month target of AUD 1.11.
Liontown's annual meeting is scheduled for November 26, 2026, according to Simply Wall St. The date gives investors a defined corporate checkpoint after the latest analyst updates.
Comparison with peers
Liontown: plus 4.41 percent, P/E 33.81, market capitalization AUD 2.3 billion.
PLS Group (ASX, AUD): plus 0.34 percent, P/E 18.61, market capitalization AUD 9.6 billion.
Mineral Resources (ASX, AUD): plus 0.65 percent, P/E 8.37, market capitalization AUD 8.8 billion.
Latest ASX price
Liontown last stood at AUD 0.71 on the ASX on October 16, 2026 at 4:18 p.m. AEDT, up 4.41 percent versus the prior close. The next dated company milestone is the annual meeting on November 26, 2026.
Liontown stock key figures
- Company: Liontown Resources Limited
- ISIN: AU000000LTR4
- Ticker: LTR
- Primary exchange: ASX
- Price on ASX (as of October 16, 2026, 4:18 p.m. AEDT): AUD 0.71
- Change versus prior close: plus 4.41 percent
- Market capitalization: AUD 2.3 billion (as of October 16, 2026)
- 52-week range: AUD 0.67-2.65 (as of October 16, 2026)
- Sector / Industry: Basic Materials / Industrial Materials
Market context: Market report S&P/ASX 200.
