Coles Group Limited (ASX:COL)
Australia flag Australia · Delayed Price · Currency is AUD
23.98
-0.01 (-0.04%)
Oct 28, 2026, 10:30 AM AEDT

Coles Group Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Coles Group stock has a consensus rating of "Buy" and an average price target of $24.23. The average 1-year stock price forecast is 1.04% higher than the current stock price, while the lowest is $16.50 (-31.19%) and the highest is $27.50 (+14.68%).

Price Target: $24.23 (+1.04%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$16.50$24.23$25.00$27.50
Change-31.19%+1.04%+4.25%+14.68%

Analyst Ratings

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

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy655333
Buy554444
Hold445777
Sell000000
Strong Sell111111
Total161515151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
$26.50 → $27.50
BuyMaintains$26.50 → $27.50+14.68%Oct 22, 2026
UBS
UBS
Hold
Maintains
$25.50
HoldMaintains$25.50+6.34%Oct 18, 2026
Unknown Analyst
Macquarie
No rating
Macquarie
Buy
Maintains
$25.10
BuyMaintains$25.10+4.67%Oct 8, 2026
Citi
Citi
Hold
Maintains
$24.00
HoldMaintains$24.00+0.08%Sep 27, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$25.80 → $26.10
BuyMaintains$25.80 → $26.10+8.84%Sep 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
47.13B
from 45.72B
Increased by 3.07%
Revenue Next Year
49.21B
from 47.13B
Increased by 4.41%
EPS This Year
1.00
from 0.94
Increased by 6.75%
EPS Next Year
1.07
from 1.00
Increased by 7.58%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 26, 2022Jun 25, 2023Jun 30, 2024Jun 29, 2025Jun 28, 2026Jun 30, 2027
Revenue
38.34B40.59B43.68B44.49B45.72B47.13B
Revenue Growth
-1.58%5.87%7.62%1.84%2.78%3.07%
Gross Profit
9.95B10.56B11.29B11.84B12.38B12.79B
Gross Margin
25.94%26.01%25.85%26.61%27.08%27.13%
Operating Income
1.74B1.70B1.97B1.95B1.95B2.47B
Net Income
1.05B1.10B1.12B1.08B1.09B1.22B
EPS
----0.941.00
EPS Growth
----16.17%6.75%
Forward PE
22.2022.1320.4022.4424.6924.02
Dividend / Share
0.630.660.680.690.780.84
Dividend Growth
3.28%4.76%3.03%1.47%13.04%7.95%
Free Cash Flow
----1.85B1.75B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202720282029
High47.3B
Avg47.1B
Low46.9B

Revenue Growth

Revenue Growth202720282029
High
3.5%
Avg
3.1%
Low
2.5%

EPS Forecast

EPS202720282029
High1.03
Avg1.00
Low0.95

EPS Growth

EPS Growth202720282029
High
9.8%
Avg
6.7%
Low
1.6%