Superloop Should Reiterate Guidance Despite Upside Risk -- Market Talk

Dow Jones
Jun 02

0003 GMT - Australian broadband challenger Superloop will likely take a conservative view of its annual earnings prospects at its investor day this week, according to its bulls at UBS. The investment bank's analysts see upside risk to Superloop's A$112 million-A$120 million FY 2026 Ebitda guidance, but nonetheless expect it to be reiterated rather than raised. UBS forecasts A$116 million, compared with consensus of A$118 million. The UBS analysts tell clients in a note to expect a solid trading update at the investor day, with the consumer business supported by increased take-up of high-speed plans. UBS places its buy rating and A$3.50 target under review. Shares are down 1.0% at A$3.465. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

June 01, 2026 20:03 ET (00:03 GMT)

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