Want to see AU:AD8 full AI Analyst Report?
Top Page
Audinate Group
(Sydney:AD8)
Select Model
Select Model
Rating:47Neutral
Price Target:
AU$2.00
▼(-24.81% Downside)
Action:Reiterated
Date:10/16/26
The score is held down primarily by weakened financial performance (profitability reset and a sharp step-down in 2026 operating/free cash flow) and bearish technical trends (price below key moving averages with negative MACD). These are partially offset by a strong balance sheet with minimal debt and an earnings-call outlook pointing to improved operating leverage and cash flow progression, though free-cash-flow breakeven is still not expected until later (target FY-28).
Positive Factors
Dante ecosystem scale
The large installed base, broad brand support, and extensive product availability indicate meaningful ecosystem effects around Dante. A widely adopted standard can encourage further OEM integration, reinforce customer familiarity, and support durable demand for related software, modules, and management tools.
Negative Factors
Profitability reset
The recent deterioration in revenue and profitability indicates that prior earnings power has not yet been restored. Negative gross profit and a deeply negative EBIT margin can constrain reinvestment capacity, weaken returns on capital, and require sustained execution before operating leverage becomes dependable.
Read all positive and negative factors
Positive Factors
Negative Factors
Dante ecosystem scale
The large installed base, broad brand support, and extensive product availability indicate meaningful ecosystem effects around Dante. A widely adopted standard can encourage further OEM integration, reinforce customer familiarity, and support durable demand for related software, modules, and management tools.
Read all positive factors
Audinate Group (AD8) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$174.21M
Dividend YieldN/A
Average Volume (3M)227.59K
Price to Earnings (P/E)―
Beta (1Y)1.27
Revenue Growth9.19%
EPS Growth-207.32%
CountryAU
Employees235
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)N/A
Shares Outstanding84,568,460
10 Day Avg. Volume284,943
30 Day Avg. Volume227,591
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)1.35
Price to Sales (P/S)2.99
P/FCF Ratio368.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$4.96Price Target Upside86.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Audinate Group Business Overview & Revenue Model
Company Description
Audinate Group Limited is an Australia-based global provider of digital audio-visual (AV) networking solutions. The company's core offering is Dante, a proprietary technology platform that facilitates the transmission of digital audio and video si...
How the Company Makes Money
Audinate primarily makes money by commercializing the Dante platform through a mix of (1) licensing and (2) product sales tied to device deployments, plus (3) software and related services used to manage and extend Dante networks.
1) Licensing to...
Audinate Group Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
78
Positive
Cash Flow
45
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 67.78M | 62.07M | 91.48M | 69.70M | 46.29M |
| Gross Profit | -13.08M | 51.10M | 67.96M | 10.20M | 2.04M |
| EBITDA | -8.37M | 856.00K | 24.41M | 12.21M | 4.45M |
| Net Income | -19.62M | -6.38M | 10.24M | 10.64M | -4.46M |
Balance Sheet | |||||
| Total Assets | 173.58M | 182.40M | 189.47M | 106.60M | 90.44M |
| Cash, Cash Equivalents and Short-Term Investments | 65.12M | 111.30M | 118.06M | 40.03M | 44.47M |
| Total Debt | 3.63M | 2.69M | 3.52M | 2.60M | 1.97M |
| Total Liabilities | 23.74M | 17.09M | 18.99M | 16.41M | 15.15M |
| Stockholders Equity | 149.84M | 165.31M | 170.49M | 90.20M | 75.28M |
Cash Flow | |||||
| Free Cash Flow | 551.00K | 6.13M | 10.48M | -2.94M | -11.08M |
| Operating Cash Flow | 1.24M | 7.47M | 25.38M | 12.42M | 981.00K |
| Investing Cash Flow | -49.49M | 8.06M | -68.09M | -5.21M | -21.16M |
| Financing Cash Flow | -1.44M | -1.38M | 66.91M | -949.00K | -738.00K |
Audinate Group Technical Analysis
Negative
2.66
Price Trends
2.31
Negative
2.20
Negative
2.58
Negative
Market Momentum
-0.08
Positive
45.00
Neutral
47.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AD8, the sentiment is Negative. The current price of 2.66 is above the 20-day moving average (MA) of 2.13, above the 50-day MA of 2.31, and above the 200-day MA of 2.58, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 45.00 is Neutral, neither overbought nor oversold. The STOCH value of 47.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AD8.
Audinate Group Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | AU$646.46M | 43.20 | 16.66% | ― | 570.70% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | AU$1.18B | 37.95 | 5.72% | 3.36% | 5.50% | -7.85% | |
57 Neutral | AU$35.64M | 83.01 | 1.06% | 15.44% | 4.73% | ― | |
51 Neutral | AU$18.99M | -2.33 | -86.45% | ― | -16.88% | 82.25% | |
47 Neutral | AU$174.21M | -8.63 | -12.81% | ― | 9.19% | -207.32% | |
43 Neutral | AU$13.40M | 12.86 | -30.61% | ― | 24.08% | ― |
* Technology Sector Average
AU:AD8
Audinate Group
2.06
-2.92
-58.63%
AU:AMS
Atomos
0.01
>-0.01
-37.50%
AU:SEN
Senetas Corporation Limited
2.15
-0.36
-14.38%
AU:ELS
Elsight Ltd.
2.86
1.33
86.93%
AU:MAQ
Macquarie Telecom Group Limited
45.78
-18.99
-29.32%
AU:DUB
Dubber Corporation Limited
0.01
-0.01
-50.00%
Audinate Group Corporate Events
Audinate reports lapse of 175,697 performance rights
Oct 14, 2026
Audinate Group Limited has updated the market on changes to its issued capital following the lapse of certain equity incentives. The company reported that 175,697 performance rights, trading under ASX code AD8AD, have ceased after the relevant con...
Audinate Seeks ASX Quotation for Additional AD8 Shares
Oct 13, 2026
Audinate Group Limited has lodged a fresh application with the ASX for the quotation of additional ordinary fully paid shares. The filing relates to two tranches of AD8 securities, comprising 200,322 shares issued on August 31, 2026, and a further...
Audinate seeks ASX quotation for additional ordinary shares
Oct 5, 2026
Audinate Group has applied for quotation on the ASX of 14,965 new ordinary fully paid shares, to be issued on 31 August 2026 under its existing capital structure. The additional securities arise from the exercise or conversion of existing options ...
Audinate cancels erroneous ASX notice on unquoted securities
Oct 2, 2026
Audinate Group Limited has withdrawn a previously lodged Appendix 3G notice concerning unquoted equity securities after identifying an administrative error in the ASX filing. The company indicated that a replacement Appendix 2A will be submitted o...
Audinate issues over 1.3 million unquoted performance rights under employee incentive scheme
Sep 29, 2026
Audinate Group Limited has notified the market of the issue of 1,381,172 unquoted performance rights under its employee incentive scheme. The rights, which are subject to transfer restrictions and not quoted on the ASX, were issued on September 21...
Audinate files updated corporate governance statement and Appendix 4G
Sep 18, 2026
Audinate Group has lodged its updated corporate governance statement for the year ended 30 June 2026 with the ASX and made it available on its website, in line with Listing Rule requirements. The statement, current as of 18 September 2026 and appr...
Audinate Marks 20 Years with 2026 Annual Report Emphasising AV Networking Leadership
Sep 18, 2026
Audinate Group’s 2026 annual report marks 20 years of developing AV networking solutions, underscoring its long-term role in reshaping how audio and video are distributed over networks. The report outlines the company’s governance, fin...
Audinate sets October date for 2026 AGM and backs chair’s re‑election
Sep 18, 2026
Audinate Group has called its 2026 Annual General Meeting for 20 October in Sydney, inviting shareholders to attend in person or participate via proxy voting. The board is recommending support for all resolutions, including the re‑election o...
Audinate Issues New Unquoted Shares Under Employee Incentive Plan
Sep 7, 2026
Audinate Group Limited has notified the market of the issue of 9,577 ordinary fully paid shares under its employee incentive scheme, effective August 31, 2026. The new shares are unquoted and subject to transfer restrictions, underscoring the comp...
S&P Dow Jones Indices Unveils Broad Shake-Up in September S&P/ASX Rebalance
Sep 4, 2026
SP Dow Jones Indices has announced the September 2026 quarterly rebalance of the SP/ASX equity benchmarks, with changes affecting the SP/ASX 50, 100, 200 and 300 indices while the blue-chip SP/ASX 20 remains unchanged. The reshuffle reflects shift...
Audinate Marks 20 Years as Dante Ecosystem Drives FY26 Growth
Aug 16, 2026
Audinate Group, a leading technology supplier in the professional AV sector, has built its business around the Dante ecosystem, a platform that connects audio, video and control over networks. With more than 8 million devices shipped, over 5,100 D...
Audinate lifts revenue 15% as Dante ecosystem and Iris video platform expand
Aug 16, 2026
Audinate reported FY26 revenue of US$46.0 million, a 14.9% increase over FY25, with gross profit rising 14.7% to US$37.7 million and gross margins holding at 82.0 percent. Underlying EBITDA slipped to an A$3.6 million loss as the company stepped u...
Audinate revenue rises but swings to loss as Iris acquisition weighs
Aug 16, 2026
Audinate Group Limited reported a 9.2% rise in revenue to A$67.8 million for the year ended 30 June 2026, but swung to an underlying EBITDA loss of A$3.6 million and a net loss after tax of A$19.6 million. The company did not declare dividends and...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.