Morgan Stanley kept its Buy rating and set an AUD 8.95 price target for Whitehaven Coal on October 13, 2026, according to Business Insider. The target was 18.70 percent above the ASX price of AUD 7.54. Whitehaven Coal stock last traded at AUD 7.54 on October 16, 2026 at 4:11 p.m. AEDT, up 1.89 percent on the day.

Annual meeting set for November 5

Whitehaven Coal will hold its 2026 annual general meeting at The Mint in Sydney on November 5, 2026. The Globe and Mail reported that the meeting will begin at 10:00 a.m. Sydney time, with the chairman and chief executive scheduled to discuss business performance before formal resolutions.

Stock sits below its yearly high

The ASX price stood 13.21 percent above its 52-week low of AUD 6.66 and 23.84 percent below its 52-week high of AUD 9.90 on October 16, 2026. Trading volume reached 4,784,061 shares, compared with an average volume of 4,250,399 shares. The range places the stock closer to its yearly low than its yearly high.

Valuation and latest results

Whitehaven Coal had a market capitalization of AUD 6.2 billion and a price-to-earnings ratio of 15.93 on October 16, 2026. Simply Wall St reported trailing-twelve-month revenue of AUD 5.40 billion and net income of AUD 385.0 million for the period ended June 30, 2026. The reported net profit margin was 7.13 percent.

Comparison with peers

- Whitehaven: up 1.89 percent, price-to-earnings ratio 15.93, market capitalization AUD 6.2 billion
- Yancoal Australia (ASX, AUD): up 1.02 percent, price-to-earnings ratio 26.69, market capitalization AUD 7.9 billion
- New Hope (ASX, AUD): up 2.28 percent, price-to-earnings ratio 30.75, market capitalization AUD 4.9 billion

What the price position means

Whitehaven's valuation remains below the two named coal peers on the reported price-to-earnings measure, while its latest price is materially below the 52-week high. The November meeting is the next dated company event.

Whitehaven Coal stock facts

Company: Whitehaven Coal Limited

ISIN: AU000000WHC8

Ticker: WHC

Primary exchange: ASX

Price ASX (as of October 16, 2026, 4:11 p.m. AEDT): AUD 7.54

Daily change: plus 1.89 percent on October 16, 2026

Market capitalization: AUD 6.2 billion (as of October 16, 2026)

52-week range: AUD 6.66-AUD 9.90 (as of October 16, 2026)

Sector / Industry: Energy / Coal