Aussie Broadband seen on track for FY28 goals despite slight subs miss - Jefferies

Aussie Broadband

15/06/2026 20:11

** Analysts at Jefferies said Aussie Broadband's ABB.AX recent subscriber growth slightly missed expectations but reaffirmed confidence in the telco's ability to meet its fiscal 2028 targets, supported by acquisitions & margin expansion
** Brokerage retains "buy" rating at a price target of A$6.20; raises FY27 and FY28 EPS estimates by 3% and 10%, respectively; cites recent deals and improving operating leverage
** The telecom firm on Monday said it expects its FY26 capital expenditure at the upper end of the A$55 million to A$60 million ($38.92 million - $42.46 million) range
** ABB also forecast FY26 underlying EBITDA in the middle of its previously announced range of A$162 million to A$167 million
** Eight of 11 analysts rate the stock "buy" or higher, three "hold"; their median PT is A$6.23, according to data compiled by LSEG
** Stock has risen 4.6% this year including session moves


($1 = 1.4132 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))