Flight Centre Travel extends gains; Brokers upbeat on steady FY26 view but flag leisure headwinds

Flight Centre Travel

06/05/2026 04:28

Updates with share move, adds comments from Jarden analysts

** Flight Centre Travel FLT.AX extends gains into a second session, up 0.6% at A$10.65

** Stock rises after the corporate travel manager posted a 6.8% rise in Q3 total transaction value on Tuesday

** Company retains FY26 outlook for UPBT at A$315 million –$350 million

** Warns potential future fuel supply disruption impact not currently clear heading into key May-June trading period

BROKERS SEE LEISURE PLANS HIT TURBULENCE

** Citi sees no growth in leisure segment for company in both 2H26 and FY27, reduces PT to A$14.15 per share from A$16.75

** Jarden says foreign exchange headwinds and a roughly A$ 10 million impact co flagged in its leisure segment for April imply that company's guidance remains at risk

** Jefferies notes Leisure still has to go through key trading period and there is downside risk for the same; reduces PT to A$15 from A$17.50

** Jefferies, Jarden and Citi upbeat on company's unchanged FY26 outlook, raise caution on potential FX translation of strong AUD flagged by co

($1 = 1.3916 Australian dollars)

 (Reporting by Shivangi Lahiri and Shruti Agarwal in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))