Develop Global Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Develop Global stock has a consensus rating of "Strong Buy" and an average price target of $7.05. The average 1-year stock price forecast is 10.33% higher than the current stock price, while the lowest is $7.00 (+9.55%) and the highest is $7.10 (+11.11%).

Price Target: $7.05 (+10.33%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$7.05	$7.05	$7.10
Change	+9.55%	+10.33%	+10.33%	+11.11%

Analyst Ratings

The average analyst rating for Develop Global 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	Oct '25	Dec '25	Jan '26	Feb '26	Apr '26	May '26
Strong Buy	1	1	1	2	2	2
Buy	0	0	0	0	0	0
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph House Bell Potter	Bell Potter	Buy Maintains $6.60 → $7.10	Buy	Maintains	$6.60 → $7.10	+11.11%	May 14, 2026
Tim McCormack Canaccord Genuity	Canaccord Genuity	Buy Maintains $6.00 → $7.00	Buy	Maintains	$6.00 → $7.00	+9.55%	Apr 30, 2026

Financial Forecast

Revenue This Year

379.20M

from 233.22M

62.60%

from 233.22M

Revenue Next Year

517.10M

from 379.20M

36.37%

from 379.20M

EPS This Year

0.10

from -0.02

EPS Next Year

0.45

from 0.10

341.95%

from 0.10

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	-	4.51M	67.76M	148.74M	233.22M	379.20M
Revenue Growth	-	-	1,401.52%	119.52%	56.80%	62.60%
Operating Income	-89.26M	-9.12M	-14.00M	-7.97M	-979.68K	19.00M
Net Income	-89.88M	-9.22M	-17.89M	-12.13M	72.39M	34.35M
EPS	-	-	-	-	-0.02	0.10
Forward PE	-	-	103.28	47.59	11.93	62.34
Free Cash Flow	28.58M	-26.67M	-26.31M	-13.92M	-196.31M	-52.60M
No. Analysts	-	-	-	-	-	1

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

Revenue Forecast

Revenue	2026	2027	2028
High	379.2M
Avg	379.2M
Low	379.2M

Revenue Growth

Revenue Growth	2026	2027	2028
High	62.6%
Avg	62.6%
Low	62.6%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.10
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-