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ASX Limited (AU:ASX)
ASX:ASX
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ASX (ASX) Price & Analysis

317 Followers

ASX Stock Chart & Stats

AU$59.04
-AU$0.16(-0.25%)
At close: 4:00 PM EST
AU$59.04
-AU$0.16(-0.25%)

Bulls Say, Bears Say

Bulls Say
Diversified Recurring Fee Business ModelASX’s core model—transaction, clearing/settlement, market data, listings and connectivity fees—creates durable, largely recurring revenue streams. That diversification cushions cyclical volume swings and supports predictable cash flows needed for sustained operations, modernization and dividends.
Low Financial Leverage And Liquidity BufferA very low debt-to-equity ratio and an equity-strong balance sheet provide financial flexibility to fund capex, remediation and dividends without heavy external borrowing. This buffer reduces solvency risk during multiyear projects and regulatory remediation periods.
Segmented Revenue Growth And Modernization ProgressRecent operating revenue growth was broad-based (Markets, Securities & Payments, Technology & Data) with new listings and rising on-market value traded. Combined with delivery milestones (CHESS Release 1 target, network upgrades), this supports medium-term revenue resilience and product-led growth.
Bears Say
Severe Revenue And Free-cash-flow DeteriorationLarge declines in reported revenue and free cash flow and very poor cash conversion signal weakening earnings quality or timing issues. Persistently weak FCF constrains the company’s ability to fund capex, pay dividends at prior levels, and absorb remediation costs without altering strategy or capital plans.
Regulatory Inquiry, Governance And Cultural ShortcomingsASIC’s critical findings require multiyear remediation, governance change and closer regulatory oversight. That imposes recurring compliance costs, operational constraints and reputational risk that can structurally affect product approvals, client trust and the pace of strategic initiatives.
Higher Expense Base, Rising Capex And Delivery RiskMaterially higher expense guidance, sustained elevated capex and postponed project timelines increase depreciation, compress margins and pressure free cash flow. Multiyear delivery risk on major platforms raises the chance of cost overruns and delays in realizing revenue or efficiency benefits.

ASX News

ASX FAQ

What was ASX Limited’s price range in the past 12 months?
ASX Limited lowest share price was AU$44.30 and its highest was AU$72.34 in the past 12 months.
    What is ASX Limited’s market cap?
    ASX Limited’s market cap is AU$10.07B.
      When is ASX Limited’s upcoming earnings report date?
      ASX Limited’s upcoming earnings report date is Aug 13, 2026 which is in 39 days.
        How were ASX Limited’s earnings last quarter?
        ASX Limited released its earnings results on Feb 11, 2026. The company reported AU$1.357 earnings per share for the quarter, the consensus estimate of AU$1.357 by AU$0.
          Is ASX Limited overvalued?
          According to Wall Street analysts ASX Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does ASX Limited pay dividends?
            ASX Limited pays a Semiannually dividend of AU$1.018 which represents an annual dividend yield of 4.28%. See more information on ASX Limited dividends here
              What is ASX Limited’s EPS estimate?
              ASX Limited’s EPS estimate is 1.38.
                How many shares outstanding does ASX Limited have?
                ASX Limited has 195,409,850 shares outstanding.
                  What happened to ASX Limited’s price movement after its last earnings report?
                  ASX Limited reported an EPS of AU$1.357 in its last earnings report, expectations of AU$1.357. Following the earnings report the stock price went down -1.698%.
                    Which hedge fund is a major shareholder of ASX Limited?
                    Currently, no hedge funds are holding shares in AU:ASX
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      ASX Limited

                      ASX Limited operates as a comprehensive, integrated exchange entity, managing diverse asset classes both within Australia and across global markets. The company facilitates marketplaces for various types of assets, such as shares, bonds, raw materials, and energy products. Its extensive service offerings encompass managing listings, enabling transactions, clearing and settling trades, maintaining registries, delivering technical and informational support, and a spectrum of other post-trade operations. Additionally, it provides exchange services for securities and derivatives, alongside supporting ancillary functions, and critical central counterparty clearing. ASX is further engaged in depository and settlement functions, including the delivery-versus-payment clearing of financial instruments. It also supplies valuable data and technological solutions to a range of stakeholders, including financial intermediaries, banks, data providers, and software developers. These services empower clients to make informed decisions, deliver offerings to their own customers, and foster interconnections within the financial ecosystem. Established in 1987, the firm's headquarters are located in Sydney, Australia.

                      ASX (ASX) Earnings & Revenues

                      ASX Company Deck

                      ASX Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Neutral
                      The call presents a balanced picture: strong top-line revenue growth across Markets, Securities & Payments and Technology & Data and meaningful progress on modernization and regulatory commitments are positive. However, the ASIC inquiry's critical findings, a CEO transition, materially higher expense guidance (20% growth), one-off ASIC-related costs, reduced payout ratio and elevated project/operational delivery risks temper the outlook. Management has initiated tangible remediation and governance actions but faces multiyear work and cost impacts.View all AU:ASX earnings summaries

                      ASX Stock 12 Month Forecast

                      Average Price Target

                      AU$54.32
                      ▼(-8.00% Downside)
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<span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 9</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":67.361,"date":1754006400000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 25, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 10</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":60.929,"date":1756684800000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n     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style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 6</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":55.531,"date":1764547200000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 6</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":50.486,"date":1767225600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  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