Buy, hold, sell: Bendigo and Adelaide Bank, PLS, EOS shares

The ASX reporting season continues, with ASX majors Electro Optic Systems Holdings Ltd (ASX: EOS), PLS Group Ltd (ASX: PLS) and Bendigo and Adelaide Bank Ltd (ASX: BEN) posting their results this week.

Let's recap how the shares are tracking today and whether brokers rate them a buy, sell or hold.

Buy EOS shares

EOS posted a huge 283% hike in its half-year revenue this morning, and a reduced net loss of $32.9 million. Underlying EBITDA swung into profit and its net assets grew to $391.6 million.

Going forward, EOS expects continued strong demand driven by defence spending and escalating interest in counter-drone technologies globally. 

Management has forecast FY26 revenue (including MARSS) of $360 million to $400 million assuming global supply chains remain steady. If this comes to fruition this would be a record result.

Clearly investors are thrilled with the result. EOS shares are up around 13% higher in morning trade and changing hands at $9.75 a piece. Today's increase means the shares are now just 2% lower for the year-to-date but a huge 93% higher than 12 months ago.

Brokers are also incredibly bullish about the outlook for EOS shares. TradingView data shows all analysts hold a strong buy rating on the stock. The average $13.64 target price implies a potential 40% upside at the time of writing.

Buy PLS shares

PLS posted its FY26 earnings result ahead of the market open on Monday morning. The company announced a 152% increase in revenue, a 59% increase in underlying EBITDA, and its NPAT swung into profit (from a loss in the prior corresponding period).

The company has also announced a 5 cents per share, fully franked final dividend for FY26. This is great news for investors after PLS suspended its dividend payouts in 2024 amid cratering global lithium prices.

PLS shares jumped 7% higher following the results announcement yesterday, but the share price has softened again today. At the time of writing, PLS shares are down around 4% and are trading for $5.26 a piece. For the year-to-date and shares are still up 22%.

Analysts sentiment about the outlook for PLS shares is divided, but the majority hold a buy/strong buy rating on the shares. The average $5.36 target price implies a potential 2% upside ahead.

Sell Bendigo and Adelaide Bank shares

Bendigo and Adelaide Bank also ported its FY26 results on Monday. The bank reported a 3% increase in cash earnings, statutory net profit after tax of $375.1 million, and a fully franked final dividend of 33 cents per share.

Investors appear to be mostly neutral about the result and the share price ended the day around 0.5% lower on Monday. But this morning there seems to be an injection of confidence back into the bank stock.

At the time of writing, the ASX bank shares are up around 3% and changing hands for $10.76 a piece. The increase means the shares are now around 1.5% higher for the year-to-date.

The experts are quite reserved about what'll happen to Bendigo and Adelaide Bank shares next, however. The majority (nine out of 14) have a hold rating on the shares and the average $10.33 target price implies a potential 4% downside, at the time of writing.

The post Buy, hold, sell: Bendigo and Adelaide Bank, PLS, EOS shares appeared first on The Motley Fool Australia.

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Electro Optic Systems. The Motley Fool Australia has positions in and has recommended Bendigo And Adelaide Bank. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026