Magellan Financial Group Limited (ASX:MFG)
10.12
+0.33 (3.37%)
Jun 19, 2026, 4:12 PM AEST
Magellan Financial Group Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, Magellan Financial Group stock has a consensus rating of "Hold" and an average price target of $9.32. The average 1-year stock price forecast is 7.91% lower than the current stock price, while the lowest is $7.65 (-24.41%) and the highest is $11.19 (+10.57%).
Price Target: $9.32 (-7.91%)
Analyst Consensus: Hold
* Price targets were last updated on May 8, 2026.
Analyst Ratings
The average analyst rating for Magellan Financial Group stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 6 | 4 | 4 | 3 | 2 | 2 |
| Sell | 0 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 2 | 3 | 2 | 2 | 2 | 2 |
| Total | 9 | 8 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgans | Morgans | Buy Maintains $11.99 → $11.19 | Buy | Maintains | $11.99 → $11.19 | +10.57% | May 8, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Sell Maintains $7.65 | Sell | Maintains | $7.65 | -24.41% | May 6, 2026 |
| J.P. Morgan | J.P. Morgan | Sell Downgrades $8.50 | Sell | Downgrades | $8.50 | -16.01% | Apr 9, 2026 |
| UBS | UBS | Hold Maintains $9.90 | Hold | Maintains | $9.90 | -2.17% | Apr 8, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Upgrades $8.10 → $9.20 | Hold | Upgrades | $8.10 → $9.20 | -9.09% | Mar 2, 2026 |
Financial Forecast
Revenue This Year
273.44M
from 318.71M
Decreased by -14.20%
Revenue Next Year
448.58M
from 273.44M
Increased by 64.05%
EPS This Year
0.68
from 0.90
Decreased by -24.58%
EPS Next Year
0.73
from 0.68
Increased by 7.88%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 341.2M | ||
| Avg | 273.4M | ||
| Low | 205.7M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.0% | ||
| Avg | -14.2% | ||
| Low | -35.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.73 | ||
| Avg | 0.68 | ||
| Low | 0.62 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -18.3% | ||
| Avg | -24.6% | ||
| Low | -30.9% |