Why is the AGL Energy share price moving today?

The AGL Energy share price reflects caution ahead of potential Wall St backed funding for a A$1 billion plus renewables pipeline. Today’s finish was A$9.81, down 1.7%, with neutral RSI and a strong trend reading. Traders are focused on news flow and whether price can clear A$10.20 to A$10.35 resistance.

Is there still upside after the recent rally?

Brokers at Citi, RBC, and UBS keep Buy ratings with A$11.00 to A$11.80 targets, about 14% upside from A$9.81. A break above A$10.35 would strengthen the case. Upside depends on funding terms, execution on projects, and wholesale pricing. Weak news or delays could cap gains near A$10.

What should I watch for the AGL dividend 2026 outlook?

Focus on cash flow, capex timing, and funding costs rather than EPS, since trailing earnings are negative. AGL paid A$0.49 over the past year, around a 5% yield. Sustainable dividends in 2026 will depend on project delivery, balance sheet headroom, and management guidance at or after 12 August 2026 results.

What are the key levels for traders on AGL.AX right now?

Support sits around A$9.75 to A$9.90, near the Bollinger middle band. The key trigger is A$10.20 to A$10.35 resistance. A strong close above that range, on rising volume, points to momentum toward A$11.00. Failure to clear it risks a pullback toward A$9.70, guided by an ATR near A$0.24.

Global Market Insights

AGL.AX Stock Today, February 28: Wall St Funding Push, 14% Upside

ByHuzaifa Zahoor February 28, 2026February 28, 2026

The AGL Energy share price is in focus today after AGL.AX closed at A$9.81, down 1.7%. AGL is courting Wall St investors to back a A$1 billion plus renewables pipeline, a step that could improve earnings quality and steady leverage. Brokers at Citi, RBC and UBS keep Buy ratings with A$11.00 to A$11.80 targets, implying about 14% upside. Near term, we are watching headlines on AGL renewables funding and price action around A$10.20 to A$10.35, a key resistance zone for momentum traders on the ASX.