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How do experts view Fortescue, Ebos Group and Woodside Energy shares after earnings?

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This week, three of Australia’s largest companies relative to their sectors posted important earnings results. 

The reaction to these results was mostly positive, with Fortescue and Woodside Energy shares rising more than 4% following their respective announcements.

Meanwhile, Ebos Group shares stayed flat. 

Here’s a quick recap of what each company posted, and how experts reacted. 

Ebos Group Ltd (ASX: EBO)

Ebos Group saw its revenue increase by 13.0% to $6.77 billion (HY25: $5.99 billion). 

Additionally, underlying EBITDA increased 3.2% to $300 million, Net Profit After Tax (statutory) rose 13.0% to $125 million and the company announced an interim dividend of NZ 57.0 cents per share. 

Following the result, the team at Morgans released updated guidance on the healthcare stock. 

The broker said 1H26 result was broadly in line with expectations. 

EBO is coming to the end of the heavy investment phase upgrading its DC network and operational efficiencies will start to be seen across the business. Other 1H26 highlights include: strong LFL sales across the TWC network up 8.8% driven in part by greater GLP-1 uptake and shift to higher value medicines; stable market share (29%) in pharmacy wholesaling; and solid performance in animal care.

As a result the broker has lowered its price target to $28.07 (previously $34.82). 

However, it maintained a buy recommendation. 

From yesterday’s closing price of $20.01, this indicates a healthy upside of approximately 40.28%. 

Fortescue Ltd (ASX: FMG)

Fortescue shares climbed yesterday after the company reported record H1 iron ore shipments alongside a 23% lift in underlying EBITDA.

It also reported revenue of US$8.4 billion, up 10%, and a fully franked interim dividend of $0.62 per share, 24% higher than prior interim. 

However while investors gobbled up Fortescue shares, Morgans appear to be less optimistic. 

The hematite business delivered a 5% EBITDA beat; the problem is what happens to the cash after that. A strong hematite result, but 43% of group capex is directed to activities generating zero current earnings, compressing FCF conversion to 48% and ROCE to 19%. NPAT miss reflects rising capital intensity, with a sharp rise in D&A. Dividend solid at A$0.62/share. Post recent pullback we upgrade to HOLD.

Woodside Energy Group Ltd (ASX: WDS)

Woodside Energy shares have also been storming higher this week. 

On Tuesday, the company reported record annual production of 198.8 million barrels of oil equivalent for 2025, with a final dividend of US59 cents per share.

Its share price is now up more than 19% year to date. 

Responding to the result, Morgans said it came in ahead of consensus on both NPAT and dividend. 

Yet another half where WDS outperforms on opex and net debt balance. We see a clear case for value upside remaining in WDS, from a recovering oil price, solid project delivery and FCF harvest as projects come on (CY27-29). We retain our BUY rating, with an upgraded A$30.50 (was A$29.80).

From yesterday’s closing price of $28.24, this revised price target indicates an upside of 8%. 

The post How do experts view Fortescue, Ebos Group and Woodside Energy shares after earnings? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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