Metcash Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Metcash stock has a consensus rating of "Buy" and an average price target of $3.46. The average 1-year stock price forecast is 22.26% higher than the current stock price, while the lowest is $3.00 (+6.01%) and the highest is $3.90 (+37.81%).

Price Target: $3.46 (+22.26%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$3.00	$3.46	$3.45	$3.90
Change	+6.01%	+22.26%	+21.91%	+37.81%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	4	4	5	3	3	3
Buy	3	3	4	3	3	3
Hold	6	5	3	5	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	1	1	1	0	0
Total	13	13	13	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Adrian Lemme Citi	Citi	Hold Maintains $3.00	Hold	Maintains	$3.00	+6.01%	Sep 9, 2026
Mac Ross Morgan Stanley	Morgan Stanley	Hold Maintains $3.20 → $3.30	Hold	Maintains	$3.20 → $3.30	+16.61%	Sep 8, 2026
Bryan Raymond J.P. Morgan	J.P. Morgan	Hold Downgrades $3.30	Hold	Downgrades	$3.30	+16.61%	Jun 25, 2026
Unknown Analyst Ord Minnett No rating	Ord Minnett	Hold Downgrades $3.70 → $3.50	Hold	Downgrades	$3.70 → $3.50	+23.67%	Jun 23, 2026
Caleb Wheatley Macquarie	Macquarie	Hold Maintains $3.00 → $3.20	Hold	Maintains	$3.00 → $3.20	+13.07%	Jun 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

17.80B

from 17.35B

2.54%

from 17.35B

Revenue Next Year

18.22B

from 17.80B

2.36%

from 17.80B

EPS This Year

0.23

from 0.25

-4.66%

from 0.25

EPS Next Year

0.25

from 0.23

8.90%

from 0.23

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	15.16B	15.80B	15.91B	17.32B	17.35B	17.80B
Revenue Growth	5.93%	4.21%	0.69%	8.87%	0.18%	2.54%
Gross Profit	1.65B	1.81B	1.92B	2.21B	2.32B	2.41B
Gross Margin	10.89%	11.46%	12.06%	12.76%	13.40%	13.55%
Operating Income	428.30M	467.60M	457.50M	465.00M	466.50M	498.18M
Net Income	245.40M	259.00M	257.20M	283.30M	279.10M	252.80M
EPS	-	-	-	-	0.25	0.23
EPS Growth	-	-	-	-	-2.39%	-4.66%
Forward PE	17.23	12.89	13.76	12.14	10.53	12.12
Dividend / Share	0.22	0.23	0.20	0.18	0.18	0.17
Dividend Growth	22.86%	4.65%	-13.33%	-7.69%	-	-5.59%
Free Cash Flow	294.18M	271.65M	228.86M	315.51M	340.18M	369.56M
No. Analysts	-	-	-	-	-	7

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	17.9B
Avg	17.8B
Low	17.7B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	3.0%
Avg	2.5%
Low	1.9%

EPS Forecast

Chart

EPS	2027	2028	2029
High	0.24
Avg	0.23
Low	0.22

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	-2.0%
Avg	-4.7%
Low	-8.4%