Woodside Energy (ASX: WDS) Broker Ratings

Woodside Energy (ASX: WDS) Broker Ratings

Date

Broker

Rating

Price Target

10/04/2025

UBS

Neutral

$26.50

10/04/2025

Morgan Stanley

Equal-Weight

$27.00

08/04/2025

Citi

Neutral

$20.50

08/04/2025

Ord Minnett

Hold

$26.50

02/04/2025

Morgans

Add

$30.10

26/02/2025

Macquarie

Neutral

$26.00

10/04/2025

  • UBS has maintained its Neutral rating for Woodside Energy with an unchanged target price of $26.50. The broker notes the company's agreement to sell a -40% stake in Louisiana LNG Infrastructure to Stonepeak, which should ease near-term capital pressure with Stonepeak committing $5.7bn in capex and covering 75% of 2025-26 project costs. UBS sees gearing falling to 21% in 2025 and improved free cash flow, though shareholders should expect lower dividend payouts ahead.

  • Morgan Stanley has maintained its Equal-weight rating for Woodside Energy with a target price of $27.00. The broker has marked-to-market for commodity prices, forex, and high-frequency production data, which is negative for the energy sector in its March quarterly review. Morgan Stanley has lowered EPS estimates by -31% for FY25 and -40% for FY26, maintaining an In-Line industry view.

08/04/2025

  • Citi has maintained its Neutral rating for Woodside Energy but lowered its price target to $20.00 from $24.00, reflecting tariff-related macros risks. The broker revised forecasts to reflect the Greater Angostura sell-down, cutting the FY25 net profit forecast by -1.5% and FY26 by -4.8%. Citi forecasts a full-year FY25 dividend of 116.62 cents and EPS of 144.70 cents.

  • Ord Minnett has maintained its Hold rating for Woodside Energy while raising the target price to $26.50 from $26.00. The broker notes 2024 earnings of US$9.3bn and net profit of US$2.9bn were slightly ahead of expectations, with a larger-than-expected dividend. Ord Minnett highlights execution risks on large-scale projects.

02/04/2025

  • Morgans has maintained its Add rating for Woodside Energy with an unchanged target price of $30.10. The broker's short-term conviction on oil has weakened due to trade war uncertainty, considering three oil price scenarios. Morgans rolled forward net debt balance assumptions, leading to minor upgrades to FY25-26 EPS and DPS estimates.

26/02/2025

  • Macquarie has maintained its Neutral rating for Woodside Energy with a target price of $26.00. The broker notes that 2024 earnings of US$9.3bn and net profit of US$2.9bn were in line with forecasts, and an 80% dividend payout was maintained. Macquarie highlights the Louisiana LNG project as a key near-term catalyst, with a planned 50% sell-down.

Woodside Energy Stock Price

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