Qantas Airways Limited (ASX:QAN)
Australia flag Australia · Delayed Price · Currency is AUD
9.07
+0.09 (1.00%)
Sep 29, 2026, 4:11 PM AEST

Qantas Airways Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Qantas Airways stock has a consensus rating of "Buy" and an average price target of $11.53. The average 1-year stock price forecast is 27.12% higher than the current stock price, while the lowest is $10.00 (+10.25%) and the highest is $12.80 (+41.12%).

Price Target: $11.53 (+27.12%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$10.00$11.53$11.70$12.80
Change+10.25%+27.12%+29.00%+41.12%

Analyst Ratings

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

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy999999
Buy555666
Hold222222
Sell000000
Strong Sell000000
Total161616171717

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
RBC Capital
RBC Capital
Buy
Maintains
$11.75
BuyMaintains$11.75+29.55%Sep 15, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$12.80
BuyMaintains$12.80+41.12%Sep 4, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$11.00
BuyMaintains$11.00+21.28%Sep 1, 2026
Jefferies
Jefferies
Buy
Maintains
$11.91 → $12.30
BuyMaintains$11.91 → $12.30+35.61%Aug 31, 2026
Morgans
Morgans
Buy
Maintains
$11.50 → $10.60
BuyMaintains$11.50 → $10.60+16.87%Aug 31, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
27.27B
from 25.52B
Increased by 6.89%
Revenue Next Year
27.99B
from 27.27B
Increased by 2.61%
EPS This Year
0.96
from 0.96
Increased by 0.13%
EPS Next Year
1.27
from 0.96
Increased by 33.04%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
9.11B19.82B21.94B23.82B25.52B27.27B
Revenue Growth
53.49%117.56%10.72%8.59%7.11%6.89%
Operating Income
-1.42B2.73B2.20B2.52B2.24B2.49B
Net Income
-860.00M1.75B1.26B1.61B1.29B1.46B
EPS
----0.960.96
EPS Growth
-----13.00%0.13%
Forward PE
38.576.206.189.449.999.46
Dividend / Share
---0.330.400.40
Dividend Growth
----20.00%0.05%
Free Cash Flow
-----79.00M-477.88M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202720282029
High27.9B
Avg27.3B
Low26.7B

Revenue Growth

Revenue Growth202720282029
High
9.2%
Avg
6.9%
Low
4.8%

EPS Forecast

EPS202720282029
High1.01
Avg0.96
Low0.90

EPS Growth

EPS Growth202720282029
High
5.5%
Avg
0.1%
Low
-6.1%