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

320 Followers

ASX Stock Chart & Stats

AU$54.33
AU$0.09(0.17%)
At close: 4:00 PM EDT
AU$54.33
AU$0.09(0.17%)

Bulls Say, Bears Say

Bulls Say
Diversified Fee-based Revenue ModelASX’s revenues come from multiple durable fee streams — trading, clearing, settlement, listings, market data and technology services — creating recurring, less cyclical cash inflows. This stable mix supports predictable operating cash and resilience through market cycles, underpinning long-term earnings stability.
Low Leverage And Strong Credit ProfileVery low debt-to-equity and explicit credit strength (AA- noted elsewhere) give ASX financial flexibility to fund multi-year modernization and absorb shocks. Low leverage reduces refinancing risk and supports continued investment spending without materially increasing financial risk to operations or stakeholders.
Progress On Modernization And Tech & Data MomentumOngoing modernization (CHESS releases, cloud, data capabilities) and positive Tech & Data revenue growth signal structural enhancement of product offerings. Upgraded infrastructure and data services should deepen client stickiness, enable new licensed products and support long-term margin and revenue diversification.
Bears Say
Severe Revenue And Free-cash-flow DeclineA large decline in revenue and FCF growth materially weakens earnings quality and the company’s ability to self-fund investments. Poor cash conversion (operating cash flow to net income ~0.02) heightens reliance on capital management choices and makes sustaining dividends and capex targets more challenging over the medium term.
Regulatory Inquiry: Governance & Culture WeaknessesASIC’s findings require multiyear remediation and tighter regulatory oversight, raising ongoing compliance costs and operational constraints. Persistent governance and cultural shortcomings can damage client trust, limit business development (eg. listings) and create execution risk for strategic projects over several years.
Leadership Transition Amid Rising CostsA CEO exit during a period of accelerated expense guidance, remediation and major program delivery raises execution risk. Combined with FY26 expense growth guidance and elevated one-off ASIC costs, leadership turnover could slow decision-making and impede timely delivery of critical modernization and governance fixes.

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$71.29 in the past 12 months.
    What is ASX Limited’s market cap?
    ASX Limited’s market cap is AU$10.83B.
      When is ASX Limited’s upcoming earnings report date?
      ASX Limited’s upcoming earnings report date is Aug 13, 2026 which is in 11 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 Undervalued. 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 3.83%. 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 Stock 12 Month Forecast

                      Average Price Target

                      AU$54.75
                      ▲(0.77% Upside)
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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  style=\"color:#828080\">Hold 10, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 6</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":55.972,"date":1769904000000,"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 3,\t&nbsp; </span>\n              <span  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