Codan Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Codan stock has a consensus rating of "Buy" and an average price target of $42.61. The average 1-year stock price forecast is 0.12% higher than the current stock price, while the lowest is $27.00 (-36.56%) and the highest is $48.74 (+14.52%).

Price Target: $42.61 (+0.12%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$27.00	$42.61	$44.60	$48.74
Change	-36.56%	+0.12%	+4.79%	+14.52%

Analyst Ratings

The average analyst rating for Codan stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	4	4	4	5
Buy	0	0	0	0	0	0
Hold	4	4	3	3	4	3
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	8	8	8	8	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Cameron Bell Canaccord Genuity	Canaccord Genuity	Buy Maintains $47.05	Buy	Maintains	$47.05	+10.55%	May 26, 2026
Tom Tweedie MA Financial Group	MA Financial Group	Buy Maintains $48.74	Buy	Maintains	$48.74	+14.52%	May 22, 2026
Mitchell Sonogan Macquarie	Macquarie	Buy Upgrades $42.00 → $44.20	Buy	Upgrades	$42.00 → $44.20	+3.85%	May 13, 2026
Evan Karatzas UBS	UBS	Hold Maintains $37.00 → $42.50	Hold	Maintains	$37.00 → $42.50	-0.14%	Apr 30, 2026
Baxter Kirk Bell Potter	Bell Potter	Hold Maintains $41.30	Hold	Maintains	$41.30	-2.96%	Apr 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

855.73M

from 674.23M

26.92%

from 674.23M

Revenue Next Year

962.48M

from 855.73M

12.48%

from 855.73M

EPS This Year

0.93

from 0.57

64.57%

from 0.57

EPS Next Year

1.09

from 0.93

16.22%

from 0.93

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	437.05M	506.15M	456.47M	550.46M	674.23M	855.73M
Revenue Growth	25.58%	15.81%	-9.82%	20.59%	22.48%	26.92%
Gross Profit	243.14M	286.35M	249.44M	305.23M	378.76M	508.52M
Gross Margin	55.63%	56.57%	54.65%	55.45%	56.18%	59.43%
Operating Income	140.29M	138.05M	91.77M	114.44M	146.57M	235.28M
Net Income	90.35M	100.74M	67.77M	81.39M	103.49M	170.16M
EPS	-	-	-	-	0.57	0.93
EPS Growth	-	-	-	-	26.79%	64.57%
Forward PE	28.64	11.78	20.45	23.91	32.26	45.53
Dividend / Share	0.27	0.28	0.19	0.23	0.29	0.46
Dividend Growth	-	3.70%	-33.93%	21.62%	26.67%	62.72%
Free Cash Flow	82.62M	12.86M	19.26M	36.44M	54.79M	119.42M
No. Analysts	-	-	-	-	-	9

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue	2026	2027	2028
High	907.0M
Avg	855.7M
Low	842.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	34.5%
Avg	26.9%
Low	24.9%

EPS Forecast

EPS	2026	2027	2028
High	0.94
Avg	0.93
Low	0.93

EPS Growth

EPS Growth	2026	2027	2028
High	65.8%
Avg	64.6%
Low	63.7%