RBC Capital Markets lowered its price target on Paladin Energy Ltd. (PDN.TO, PDN.ASX) AUD$7 from AUD$7.25.
Analyst Alistair Rankin maintained a Sector Perform rating on shares of the Australia-based uranium producer following its fiscal Q4 2025 results.
"Despite the strong quarter on quarter growth in production at Langer Heinrich, Paladin was sold off today (Wednesday) due to its FY26 guidance coming in below market expectations," Rankin said in a note to clients.
"On a positive note , FY26 guidance still points to hitting peak production by the end of FY26," the analyst said.
"As a result, we see Paladin generating solid free cash flows from FY27 onwards, and view FY26 as a transition year of production ramp-up and higher costs."
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)