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Origin Energy Limited ( (AU:ORG) ) has shared an update.
Origin Energy Limited has updated its FY25 guidance, projecting its Energy Markets Underlying EBITDA to be between $1,300 – $1,400 million, an increase from the previous range due to operational improvements and favorable market conditions. However, its share of Octopus Energy’s FY25 Underlying EBITDA is expected to incur a loss of up to $100 million, influenced by warm weather in the UK and ongoing investments in energy services and non-UK markets, despite strong growth in customer numbers.
The most recent analyst rating on (AU:ORG) stock is a Buy with a A$12.10 price target. To see the full list of analyst forecasts on Origin Energy Limited stock, see the AU:ORG Stock Forecast page.
More about Origin Energy Limited
Origin Energy Limited is a prominent player in the energy industry, primarily focusing on energy markets and retail services. The company is involved in electricity generation and gas supply, with a significant presence in both Australian and international markets.
YTD Price Performance: 4.24%
Average Trading Volume: 3,635,283
Technical Sentiment Signal: Buy
Current Market Cap: A$18.97B
Learn more about ORG stock on TipRanks’ Stock Analysis page.