Why did 88E.AX stock drop sharply on 11 Mar 2026?

The drop followed the company’s earnings announcement window, thin liquidity and a spike in selling volume. Investors reacted to uncertainty over exploration results and near-term cash flow.

What are realistic price targets for 88E.AX stock?

Near-term support is around A$0.02, a short-term recovery target is A$0.04, and Meyka AI’s five-year model suggests around A$0.09. Targets are model-based and not guaranteed.

How does Meyka AI rate 88E.AX and what does it mean?

Meyka AI rates 88E.AX **65.63/100** (Grade B — HOLD). The score mixes benchmark and sector comparisons, growth, metrics and analyst signals. This is informational only, not financial advice.

What are the largest risks for 88 Energy (88E.AX)?

Primary risks are exploration failure, low liquidity amplifying price moves, continued negative earnings and dependence on capital markets for funding operations.

AU Stocks

88E.AX 88 Energy (ASX) down 26.83% to A$0.03 on 11 Mar 2026: Watch earnings risk

ByHuzaifa Zahoor March 11, 2026March 11, 2026

88E.AX stock plunged 26.83% to A$0.03 at the ASX close on 11 Mar 2026, marking one of the day’s biggest losers. Trading hit 5,335,587 shares versus a 50-day average of 2,729,065, signalling heavy selling. The move followed the company’s scheduled earnings announcement window and very thin market liquidity in this energy exploration name.