Qantas Airways Limited (ASX:QAN)
8.33
+0.01 (0.12%)
Oct 19, 2026, 4:18 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 $11.42. The average 1-year stock price forecast is 37.09% higher than the current stock price, while the lowest is $10.00 (+20.05%) and the highest is $12.80 (+53.66%).
Price Target: $11.42 (+37.09%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 9 | 9 |
| Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $12.00 → $10.90 | Buy | Maintains | $12.00 → $10.90 | +30.85% | Oct 12, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $11.75 | Buy | Maintains | $11.75 | +41.06% | Sep 15, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $12.80 | Buy | Maintains | $12.80 | +53.66% | Sep 4, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $11.00 | Buy | Maintains | $11.00 | +32.05% | Sep 1, 2026 |
| Jefferies | Jefferies | Buy Maintains $11.91 → $12.30 | Buy | Maintains | $11.91 → $12.30 | +47.66% | Aug 31, 2026 |
Financial Forecast
Revenue This Year
27.35B
from 25.52B
Increased by 7.21%
Revenue Next Year
28.10B
from 27.35B
Increased by 2.71%
EPS This Year
0.92
from 0.96
Decreased by -3.36%
EPS Next Year
1.25
from 0.92
Increased by 35.44%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.