Why did EDE.AX stock jump after hours on 16 Feb 2026?

EDE.AX stock rose on heavy volume likely from short-covering and pre-earnings positioning. No formal major release was noted, but market chatter plus the upcoming earnings on 26 Feb 2026 pushed buying interest.

What are key financial metrics for EDE.AX stock to watch?

Watch EPS (**-0.03**), PE (**-6.33**), price-to-sales (**37.16**), current ratio (**0.48**), and cash per share (**0.00274**). These show stretched valuation and tight liquidity for Eden Innovations.

What price does Meyka AI forecast for EDE.AX stock?

Meyka AI's forecast model projects a one-year price of **A$0.10** and a three-year price of **A$0.21273**. The one-year projection implies **-58.86%** downside versus the current price of **A$0.255**.

How does sector context affect EDE.AX stock outlook?

Eden sits in Industrials on the ASX. The sector shows modest one-day declines, so EDE.AX’s surge is idiosyncratic. Sector metrics suggest more stable peers, increasing relative risk for Eden Innovations investors.

AU Stocks

EDE.AX Eden Innovations (ASX) up 59.38% after hours 16 Feb 2026: key drivers

ByHuzaifa Zahoor February 16, 2026February 16, 2026

EDE.AX stock jumped 59.38% after hours on 16 Feb 2026, closing at A$0.255 on heavy volume of 12,237,523 shares. The move came after the company traded up from an open of A$0.21 and an intraday high of A$0.27. Traders noted a surge in retail interest and a stronger-than-average relative volume of 3.75 versus a 50-day average of A$0.07821. We outline what drove the rally, how the Industrials sector context matters, and where analyst and model forecasts leave possible price targets for investors.