Carma Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Carma stock has a consensus rating of "Strong Buy" and an average price target of $3.25. The average 1-year stock price forecast is 360.99% higher than the current stock price, while the lowest is $3.00 (+325.53%) and the highest is $3.50 (+396.45%).

Price Target: $3.25 (+360.99%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$3.00	$3.25	$3.25	$3.50
Change	+325.53%	+360.99%	+360.99%	+396.45%

* Price targets were last updated on May 3, 2026.

Analyst Ratings

The average analyst rating for Carma stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Apr '26
Strong Buy	1	2	2	2	2
Buy	0	0	0	0	0
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Owen Humphries Canaccord Genuity	Canaccord Genuity	Buy Maintains $3.50	Buy	Maintains	$3.50	+396.45%	May 3, 2026

Financial Forecast

Revenue This Year

127.85M

from 71.41M

79.03%

from 71.41M

Revenue Next Year

213.70M

from 127.85M

67.15%

from 127.85M

EPS This Year

-0.27

from -

EPS Next Year

-0.22

from -0.27

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	10.44M	47.99M	68.93M	71.41M	127.85M
Revenue Growth	-	359.63%	43.63%	3.61%	79.03%
Gross Profit	539.43K	1.82M	931.90K	5.19M	12.27M
Gross Margin	5.17%	3.80%	1.35%	7.27%	9.60%
Operating Income	-14.47M	-27.37M	-33.43M	-32.08M	-34.45M
Net Income	-10.41M	-26.42M	-33.41M	-35.86M	-42.25M
EPS	-	-	-	-	-0.27
Free Cash Flow	-	-30.25M	-7.48M	-13.37M	-44.30M
No. Analysts	-	-	-	-	2

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

Revenue Forecast

Revenue	2026	2027	2028
High	128.1M
Avg	127.9M
Low	127.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	79.4%
Avg	79.0%
Low	78.7%

EPS Forecast

EPS	2026	2027	2028
High	-0.26
Avg	-0.27
Low	-0.28

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-