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 10.90% higher than the current stock price, while the lowest is $2.80 (-10.26%) and the highest is $3.90 (+25.00%).

Price Target: $3.46 (+10.90%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.80	$3.46	$3.50	$3.90
Change	-10.26%	+10.90%	+12.18%	+25.00%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	4	4	4	4	5	4
Buy	4	4	3	3	4	4
Hold	4	3	6	5	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	1	1	1
Total	12	11	13	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Caleb Wheatley Macquarie	Macquarie	Hold Maintains $3.00	Hold	Maintains	$3.00	-3.85%	Jun 3, 2026
Mac Ross Morgan Stanley	Morgan Stanley	Hold Maintains $3.30 → $3.20	Hold	Maintains	$3.30 → $3.20	+2.56%	Jun 2, 2026
Ben Gilbert Jarden	Jarden	Buy Maintains $3.90	Buy	Maintains	$3.90	+25.00%	May 12, 2026
Michael Simotas Jefferies	Jefferies	Buy Upgrades $3.45 → $3.50	Buy	Upgrades	$3.45 → $3.50	+12.18%	May 12, 2026
Shaun Cousins UBS	UBS	Buy Maintains $3.50	Buy	Maintains	$3.50	+12.18%	May 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

17.40B

from 17.32B

0.42%

from 17.32B

Revenue Next Year

17.66B

from 17.40B

1.53%

from 17.40B

EPS This Year

0.24

from 0.25

-3.32%

from 0.25

EPS Next Year

0.26

from 0.24

5.61%

from 0.24

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Apr 30, 2021	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026
Revenue	14.32B	15.16B	15.80B	15.91B	17.32B	17.40B
Revenue Growth	9.90%	5.93%	4.21%	0.69%	8.87%	0.42%
Gross Profit	1.45B	1.65B	1.81B	1.92B	2.21B	2.31B
Gross Margin	10.13%	10.89%	11.46%	12.06%	12.76%	13.29%
Operating Income	354.90M	428.30M	467.60M	457.50M	465.00M	500.24M
Net Income	239.00M	245.40M	259.00M	257.20M	283.30M	276.99M
EPS	-	-	-	-	0.25	0.24
EPS Growth	-	-	-	-	-11.31%	-3.32%
Forward PE	14.79	17.23	12.89	13.76	12.14	12.86
Dividend / Share	0.18	0.22	0.23	0.20	0.18	0.18
Dividend Growth	-	22.86%	4.65%	-13.33%	-7.69%	-2.05%
Free Cash Flow	366.79M	294.18M	271.65M	228.86M	315.51M	337.15M
No. Analysts	-	-	-	-	-	7

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

Revenue Forecast

Revenue	2026	2027	2028
High	17.4B
Avg	17.4B
Low	17.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	0.7%
Avg	0.4%
Low	0.2%

EPS Forecast

EPS	2026	2027	2028
High	0.25
Avg	0.24
Low	0.24

EPS Growth

EPS Growth	2026	2027	2028
High	-2.0%
Avg	-3.3%
Low	-5.6%