Temple & Webster share price edges up after buy-back update as Citi turns more positive

February 16, 2026
Temple & Webster share price edges up after buy-back update as Citi turns more positive

Sydney, Feb 16, 2026, 18:44 AEDT — After-hours

  • Temple & Webster (TPW) was last up 0.5% at A$7.64, after closing at A$7.60 previously. (Investing)
  • The company filed an update to its on-market share buy-back notification on Monday. (Australian Securities Exchange)
  • Citi upgraded TPW to “buy” from “neutral” in its latest broker call changes list. (Fnarena)

Temple & Webster shares edged higher late Monday after the online furniture retailer published a routine update on its share buy-back program. (Australian Securities Exchange)

The move matters because investors are still testing whether the stock has found a floor after last week’s sharp post-results drop, with buy-backs often watched as a signal of balance-sheet confidence and potential support for the share price. (Investing)

TPW was last at A$7.64, up about 0.5% from a previous close of A$7.60, according to Investing.com data. (Investing)

The company said on Feb. 12 that first-half revenue rose 19.8% to A$375.9 million, while EBITDA — earnings before interest, tax, depreciation and amortisation, a cash-style profit measure — was A$13.5 million.

Temple & Webster kept its FY26 EBITDA margin guidance of 3% to 5% and said revenue from Jan. 1 to Feb. 9 was up 20% year-on-year.

In the same release, the company pointed to A$160.6 million of cash and no debt at Dec. 31, and said it had spent A$7.5 million on an on-market buy-back during the half.

On the results call, CEO Mark Coulter told analysts the company’s stance on margins was unchanged: “Nothing has changed … our 3%-5% range for this year remains unchanged,” he said. (Investing)

Analyst questions on that call showed where the pressure points are. Chami Ratnapala at Bell Potter asked whether the “long-term EBITDA margin outlook” was being pushed out by softer delivered margins and promotions. (Investing)

Separately, Citi upgraded Temple & Webster to buy from neutral on Monday, according to a broker recommendation changes list published by FNArena. (Fnarena)

Still, the downside case is straightforward: if discounting persists or customer acquisition costs rise, the company may struggle to hold margins in its target band even as it chases growth, leaving the stock exposed to further earnings downgrades.

Next up, traders will watch Tuesday’s session (Feb. 17) for follow-through after Monday’s buy-back filing and any further broker revisions as coverage catches up with last week’s results. (Australian Securities Exchange)