Pro Medicus share price rebounds 5% as ASX:PME steadies after selloff — what to watch next week
19 February 2026

Pro Medicus share price rebounds 5% as ASX:PME steadies after selloff — what to watch next week

Sydney, Feb 19, 2026, 18:20 AEDT — After-hours

  • Pro Medicus finished Thursday’s session 5.0% higher at A$129.16.
  • Shares remain about 24% lower for the week, following a steep slide after earnings.
  • The interim payout’s ex-dividend date, Feb. 26, has investors’ attention now.

Shares of Pro Medicus Ltd surged 5.0% to close at A$129.16 on Thursday, standing out among gainers as the S&P/ASX 200 picked up 0.88% and health care names advanced 1.73%.

That rebound stands out, with PME having swung sharply since reporting interim results last week. The stock is off 23.79% over the last seven days, and it’s still sitting nearly 61% beneath its 52-week peak of A$330.48 from July, according to data.

Up next: dividend dates. Pro Medicus is set to pay out a fully franked interim dividend of 32 Australian cents. Shares go ex-dividend on Feb. 26, so only holders before then will qualify for the payment. The record date hits Feb. 27, and the funds are scheduled to land in accounts on March 20.

Shares saw active movement Thursday, swinging from A$121.51 up to A$129.78. Roughly 654,000 shares traded hands. That followed a 2.35% slide on Wednesday, which came after a 7.69% rally the previous session, according to market data.

Shares rebounded after Pro Medicus took a sharp hit post-Dec-half results. The company posted a 28.4% jump in revenue from ordinary activities, reaching A$124.8 million. Underlying profit before tax moved up 29.7% to A$90.7 million. EBIT margin ticked higher, now at 73%. CEO Sam Hupert described the pipeline as “very strong” and pointed out seven more “go-lives” — customer deployments — are lined up by year-end. Company Announcements

Broker calls have shifted as well. Jefferies’ Wei Sim bumped Pro Medicus up to Buy from Hold, putting the target at A$155. The analyst pointed to “over 90% recurring revenue” and described the business as a capital-light model. TipRanks

Directors stepped in as the stock slid, according to recent filings. On Feb. 13, non-executive director Anthony Glenning picked up 2,080 shares at A$119.81. Deena Shiff also made a move that day, buying 788 shares at A$126.67, the disclosures show.

Still, investors keep circling back to one variable: how much valuation swings outside the main imaging unit are driving results. The interim report shows the company logged an unrealised fair value gain of roughly A$149.1 million on other financial assets during the half. That figure can move sharply along with market prices—especially the share price of 4D Medical, which is linked to its hybrid stake.

Friday’s action, along with the days ahead, puts a spotlight on PME: can shares stay above recent lows, and how will they move heading into the Feb. 26 ex-dividend date and the March 20 payout? marketscreener.com

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Taiwan Semiconductor

NYSE: TSM 96 / 100
#2 BUY

AerCap

NYSE: AER 95 / 100
#3 BUY ON PULLBACK

Constellation Energy

NASDAQ: CEG 93 / 100
#4 BUY

Walt Disney

NYSE: DIS 90 / 100
#5 ACCUMULATE

American International Group

NYSE: AIG 87 / 100
View full portfolio
Editorial model selection. Not personalised advice.
HUB24 share price surges 14% after half-year profit jump and FY27 target upgrade
Previous Story

HUB24 share price surges 14% after half-year profit jump and FY27 target upgrade

South32 share price edges up to A$4.41 as copper bounce steadies ASX miner
Next Story

South32 share price edges up to A$4.41 as copper bounce steadies ASX miner