Macquarie Group

(AI video summary)

This video was created on 10 February 2026 for IG audiences by ausbiz.

ASX code: MQG

Macquarie operational update and performance

Macquarie Group's recent operational update shows promising results. The company reported profit increases across its four business divisions for the December quarter. The commodities and global markets unit saw significant profit growth. Macquarie Asset Management also reported a substantial increase in net profit, aided by gains from the divestment of North American and European public investment businesses.

Assets under management increased 3% from the September quarter to $736 billion. Year-to-date earnings for fiscal year 2026 (FY 2026) are consistent with last year.

Share price performance

Macquarie's share price has been volatile over the last 12 months, reaching lows of $116 and highs of $240. With a current price around $215, there's potential for upgrades to consensus predictions. If Macquarie closes the year strong, capturing more performance fees, and enters a bull market phase for capital markets and commodities, it could be a prime time to invest in this stock.

Investment outlook

Analysts view Macquarie Group as poised for growth, crediting its resilience in volatile markets and strategic positioning. Challenges like profit stagnation have been noted, but the company is well-positioned for improvement.

Opportunities arise from increased initial public offerings (IPOs) and capital raisings, with Macquarie benefiting from commodity market resurgences, especially in energy trading. However, a higher tax rate may impact earnings.