Loading...
PDN logo

Paladin Energy LtdASX:PDN Stock Report

Market Cap AU$5.0b
Share Price
AU$11.05
AU$12.72
13.1% undervalued intrinsic discount
1Y67.2%
7D4.0%
1D
Portfolio Value
View

Paladin Energy Ltd

ASX:PDN Stock Report

Market Cap: AU$5.0b

Paladin Energy (PDN) Stock Overview

Through its subsidiaries, engages in the development and exploration of mineral properties in Australia, Canada, and Namibia. More details

PDN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

PDN Community Fair Values

Create Narrative

See what 136 others think this stock is worth. Follow their fair value or set your own to get alerts.

Paladin Energy Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Paladin Energy
Historical stock prices
Current Share PriceAU$11.05
52 Week HighAU$15.10
52 Week LowAU$6.03
Beta1.33
1 Month Change-11.53%
3 Month Change-10.89%
1 Year Change67.17%
3 Year Change45.39%
5 Year Change118.81%
Change since IPO550.03%

Recent News & Updates

Narrative Update May 28

PDN: Higher Langer Heinrich Costs Will Sustain Share Price Overvaluation

Analysts have raised their fair value estimate for Paladin Energy to A$7.35 from A$7.20, reflecting updated cost assumptions at Langer Heinrich and noting that the recent share price pullback may offer value at current levels. Analyst Commentary Recent research points to a reassessment of Paladin Energy's risk and reward profile at current levels.
Narrative Update May 13

PDN: Outperform Upgrade And Langer Heinrich Repricing Will Support Future Upside

Analysts have nudged Paladin Energy's fair value estimate higher to A$17.29 from A$17.11, citing an improved view on value at current levels, despite higher cost assumptions at the Langer Heinrich operation, following the recent upgrade in rating to Outperform and A$13.50 price target. Analyst Commentary Bullish analysts see Paladin Energy's recent rating upgrade and revised assumptions as a sign that the current share price still offers room for value, even with higher projected costs at the Langer Heinrich operation.
Narrative Update Apr 21

PDN: Outperform Upgrade And EIS Approval Will Support Future Upside

Analysts have trimmed their fair value estimate for Paladin Energy from about A$17.49 to A$17.11, citing updated cost assumptions at Langer Heinrich, as well as expectations for stronger revenue growth, higher profit margins, and a lower future P/E multiple. Analyst Commentary Recent Street research reflects a more constructive tone on Paladin Energy, with bullish analysts pointing to valuation support and updated cost assumptions at Langer Heinrich as key drivers behind their views.

Recent updates

Narrative Update May 28

PDN: Higher Langer Heinrich Costs Will Sustain Share Price Overvaluation

Analysts have raised their fair value estimate for Paladin Energy to A$7.35 from A$7.20, reflecting updated cost assumptions at Langer Heinrich and noting that the recent share price pullback may offer value at current levels. Analyst Commentary Recent research points to a reassessment of Paladin Energy's risk and reward profile at current levels.
Narrative Update May 13

PDN: Outperform Upgrade And Langer Heinrich Repricing Will Support Future Upside

Analysts have nudged Paladin Energy's fair value estimate higher to A$17.29 from A$17.11, citing an improved view on value at current levels, despite higher cost assumptions at the Langer Heinrich operation, following the recent upgrade in rating to Outperform and A$13.50 price target. Analyst Commentary Bullish analysts see Paladin Energy's recent rating upgrade and revised assumptions as a sign that the current share price still offers room for value, even with higher projected costs at the Langer Heinrich operation.
Narrative Update Apr 21

PDN: Outperform Upgrade And EIS Approval Will Support Future Upside

Analysts have trimmed their fair value estimate for Paladin Energy from about A$17.49 to A$17.11, citing updated cost assumptions at Langer Heinrich, as well as expectations for stronger revenue growth, higher profit margins, and a lower future P/E multiple. Analyst Commentary Recent Street research reflects a more constructive tone on Paladin Energy, with bullish analysts pointing to valuation support and updated cost assumptions at Langer Heinrich as key drivers behind their views.
Narrative Update Apr 07

PDN: Langer Heinrich Cost Reset And Share Pullback Will Support Future Upside

Narrative Update: Paladin Energy Analyst Price Target Shift The analyst price target for Paladin Energy has moved from A$11.11 to A$12.72. Analysts point to recent share price weakness and revised cost forecasts at Langer Heinrich as key factors supporting perceived value at current levels.
Narrative Update Mar 24

PDN: Higher Cost Risks At Langer Heinrich Will Sustain Equity Overvaluation

Analysts have lifted their price target on Paladin Energy to A$13.50 from A$7.20, citing perceived value after the share price pullback and updated cost forecasts at Langer Heinrich. Analyst Commentary Macquarie has shifted its stance on Paladin Energy, moving to an Outperform rating with a new A$13.50 price target.
New Narrative Mar 11

Paladin Energy: Betting on the Nuclear Renaissance

The global energy transition has revived interest in nuclear power. As countries search for reliable, low-carbon baseload electricity, nuclear energy is re-entering policy discussions across Europe, North America, and Asia.
Narrative Update Mar 09

PDN: EIS Approval For High Grade PLS Project Will Drive Future Upside

Analysts have raised their fair value estimate for Paladin Energy from A$15.09 to A$17.49, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Received Ministerial approval for the Environmental Impact Statement (EIS) for the Patterson Lake South (PLS) Project in Saskatchewan, a key requirement before construction and operations can proceed (Key Developments).
Narrative Update Feb 23

PDN: Higher Margin Assumptions And Regulatory Progress Will Sustain Equity Overvaluation

Analysts have lifted their price target on Paladin Energy from A$6.31 to A$7.01, citing updated assumptions that combine a lower forecast revenue growth rate of 22.89%, a higher expected profit margin of 38.78%, and a reduced future P/E of 19.39. What's in the News Received Ministerial approval for the Environmental Impact Statement under The Environmental Assessment Act (Saskatchewan) for the Patterson Lake South Project in the Athabasca Basin, Canada (Key Developments).
New Narrative Feb 21

Paladin Energy will ride the uranium resurgence with increasing production and secure contracts

Paladin Energy (ASX: PDN): Uranium's Second Act After Fukushima in 2011, uranium was written off. Prices collapsed, reactors were mothballed, and by 2018 Paladin Energy had no choice but to shut its flagship Langer Heinrich mine in Namibia and walk away.
Narrative Update Feb 09

PDN: Higher Fair Value And P/E Assumptions Will Keep Shares Fairly Valued

Analysts have lifted their price target for Paladin Energy to A$11.11 from A$9.38, citing updated fair value estimates, a slightly higher discount rate, modestly revised revenue growth expectations, a small adjustment to projected profit margins, and a higher assumed future P/E multiple. Valuation Changes The Fair Value Estimate has risen from A$9.38 to A$11.11, indicating a higher assessed intrinsic value for Paladin Energy.
Narrative Update Jan 25

PDN: Higher Margins And Premium P E Multiple Will Drive Future Upside

Analysts have raised their price target for Paladin Energy to A$15.09 from A$11.99, citing updated assumptions for higher revenue, stronger profit margins and a higher future P/E multiple. Valuation Changes Fair Value Estimate, raised from A$11.99 to A$15.09, representing a sizeable uplift in the assessed share value.
Narrative Update Jan 11

PDN: Lower Future P/E Assumptions Will Likely Reinforce Equity Overvaluation

Analysts have trimmed their price target on Paladin Energy slightly to reflect a fair value revision to A$6.31, supported by updated assumptions that include adjusted revenue, profit margin and future P/E expectations. Valuation Changes Fair Value: Trimmed slightly from A$6.37 to A$6.31 per share, reflecting the updated model inputs.
Analysis Article Dec 22

What Paladin Energy Ltd's (ASX:PDN) 30% Share Price Gain Is Not Telling You

Paladin Energy Ltd ( ASX:PDN ) shareholders would be excited to see that the share price has had a great month, posting...
Narrative Update Dec 18

PDN: Future Multiple Expansion Will Likely Overstate Equity Offering Benefits

Analysts have lifted their price target for Paladin Energy by approximately 22 percent to reflect stronger projected revenue growth, slightly higher profit margins, and a rerating to a richer future earnings multiple, despite a modest uptick in the discount rate. What's in the News Completed a follow-on equity offering raising approximately AUD 100 million, strengthening the balance sheet and funding growth initiatives (company filing) Issued 13,793,200 new ordinary shares, modestly diluting existing shareholders while broadening the investor base (company filing) New shares priced at AUD 7.25 per share, implying institutional demand at only a limited discount to recent trading levels (company filing) Increased free float and trading liquidity are expected to improve the stock's appeal to larger funds and index trackers (company filing) Valuation Changes Fair Value has risen significantly from 5.20 to 6.37, reflecting a materially more optimistic assessment of intrinsic worth.
Narrative Update Dec 04

PDN: Future Equity Raises Will Support Margins While Keeping Shares Fairly Valued

Analysts have trimmed their price target for Paladin Energy slightly, from A$9.50 to A$9.38, citing marginally softer long term revenue growth assumptions that are only partly offset by a modest improvement in expected profit margins. What's in the News Completed a follow on equity offering raising approximately AUD 100 million through the issue of 13.8 million ordinary shares at AUD 7.25 per share (company filing) Filed a separate follow on equity offering for about AUD 20 million, covering 2.8 million ordinary shares at AUD 7.25 per share (company filing) Closed a larger follow on equity transaction totaling roughly AUD 261.4 million, including a subsequent direct listing component with shares priced at AUD 7.25 and AUD 6.66.
Narrative Update Nov 19

PDN: Completed Equity Offerings Will Drive Future Profitability And Margin Expansion

Analysts have raised their price target for Paladin Energy from $9.45 to $9.50. This change reflects increased expectations for revenue growth and improved profit margins.
Narrative Update Nov 05

PDN: Future Profit Margins Will Benefit From Recent Equity Offerings

Paladin Energy's analyst price target has seen a modest increase from $9.43 to $9.45. Analysts cite a slight rise in fair value and profit margin projections as contributing factors.
Narrative Update Oct 22

Analysts Raise Paladin Energy Target on Revenue Growth Despite Margin Pressure and Equity Offerings

Analysts have recently raised their price target for Paladin Energy to $9.43 from $8.64. They cite slightly stronger projected revenue growth, despite a modest decline in forecast profit margins and a higher expected price-to-earnings ratio.
Narrative Update Oct 08

Increasing Global Uranium Demand And Canadian Assets Will Fuel Production

Analysts have raised their price target for Paladin Energy from A$8.03 to A$8.64, noting the company's improving profit margins and valuation, which is now seen as fairly reflecting its growth prospects. Analyst Commentary Recent research has highlighted both opportunities and risks regarding Paladin Energy's outlook following the latest target price adjustments.
Narrative Update Sep 24

Increasing Global Uranium Demand And Canadian Assets Will Fuel Production

Paladin Energy’s consensus price target has been revised downward as a result of a materially higher future P/E ratio alongside a declining net profit margin, now reflecting a fair value of A$8.03. What's in the News Paladin Energy completed a follow-on equity offering, raising AUD 261.4 million through the issuance of 31,915,288 shares at AUD 7.25 per share (with a discount of AUD 0.2175) and 4,504,505 shares at AUD 6.66 per share via subsequent direct listing.
Narrative Update Aug 29

Langer Heinrich Completion And Patterson Lake Will Spark Uranium Opportunity

Paladin Energy’s consensus price target saw a slight reduction as analysts downwardly revised revenue growth forecasts and projected a much higher future P/E, indicating lower future earnings expectations and increasing valuation risk, resulting in a modest fair value decrease from A$8.47 to A$8.35. What's in the News Paladin Energy updated Patterson Lake South (PLS) Project feasibility following a technical review, with unchanged LOM production of 90.9Mlb U3O8, revised all-in sustaining costs of USD 15.2/lb, and updated capital costs of USD 1,226 million; project NPV estimated at USD 1,325 million (post-tax, 8% discount), IRR at 28.2%, payback 2.4 years at USD 90/lb U3O8; targeted first production in 2031.
Analysis Article Jul 23

A Look At The Fair Value Of Paladin Energy Ltd (ASX:PDN)

Key Insights The projected fair value for Paladin Energy is AU$6.46 based on 2 Stage Free Cash Flow to Equity Current...
User avatar
New Narrative Apr 22

Uranium Mining Operations Will Boost Efficiency In 2025

Operational improvements and high ore quality are set to boost efficiency, increase production, and enhance future revenue and net margins.
Analysis Article Mar 05

Here's Why Paladin Energy (ASX:PDN) Can Afford Some Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 11

Paladin Energy Ltd's (ASX:PDN) Intrinsic Value Is Potentially 99% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Paladin Energy fair value estimate is AU$2.36 Current share...
Analysis Article Sep 13

Paladin Energy (ASX:PDN) Has Debt But No Earnings; Should You Worry?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 01

Is Paladin Energy (ASX:PDN) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 10

This Is The Reason Why We Think Paladin Energy Ltd's (ASX:PDN) CEO Might Be Underpaid

The impressive results at Paladin Energy Ltd ( ASX:PDN ) recently will be great news for shareholders. At the upcoming...
Analysis Article Sep 29

Is Paladin Energy (ASX:PDN) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jul 21

Paladin Energy Limited (ASX:PDN) Shares Could Be 39% Below Their Intrinsic Value Estimate

Does the July share price for Paladin Energy Limited ( ASX:PDN ) reflect what it's really worth? Today, we will...
Analysis Article Nov 12

Is Paladin Energy (ASX:PDN) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 17

Paladin Energy Limited's (ASX:PDN) Intrinsic Value Is Potentially 99% Above Its Share Price

In this article we are going to estimate the intrinsic value of Paladin Energy Limited ( ASX:PDN ) by taking the...
Analysis Article Nov 29

Do Institutions Own Paladin Energy Limited (ASX:PDN) Shares?

Every investor in Paladin Energy Limited (ASX:PDN) should be aware of the most powerful shareholder groups...

Shareholder Returns

PDNAU Oil and GasAU Market
7D4.0%0.8%-1.1%
1Y67.2%28.0%0.1%

Return vs Industry: PDN exceeded the Australian Oil and Gas industry which returned 28% over the past year.

Return vs Market: PDN exceeded the Australian Market which returned 0.1% over the past year.

Price Volatility

Is PDN's price volatile compared to industry and market?
PDN volatility
PDN Average Weekly Movement10.3%
Oil and Gas Industry Average Movement12.0%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market4.1%

Stable Share Price: PDN has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: PDN's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993500Paul Hemburrowwww.paladinenergy.com.au

Paladin Energy Ltd, through its subsidiaries, engages in the development and exploration of mineral properties in Australia, Canada, and Namibia. It explores for uranium deposits. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Ltd in November 2007.

Paladin Energy Ltd Fundamentals Summary

How do Paladin Energy's earnings and revenue compare to its market cap?
PDN fundamental statistics
Market capAU$4.97b
Earnings (TTM)-AU$18.33m
Revenue (TTM)AU$352.64m
14.1x
P/S Ratio
-270.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PDN income statement (TTM)
RevenueUS$248.50m
Cost of RevenueUS$193.96m
Gross ProfitUS$54.54m
Other ExpensesUS$67.46m
Earnings-US$12.92m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.029
Gross Margin21.95%
Net Profit Margin-5.20%
Debt/Equity Ratio17.9%

How did PDN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 03:24
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Paladin Energy Ltd is covered by 43 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael KozakATB Cormark Historical (Cormark Securities)
Dale KoendersBarrenjoey Markets Pty Limited
Regan BurrowsBell Potter