Qantas Airways Limited (ASX:QAN)
Australia flag Australia · Delayed Price · Currency is AUD
9.16
-0.12 (-1.29%)
Sep 9, 2026, 3:59 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 $11.52. The average 1-year stock price forecast is 25.76% higher than the current stock price, while the lowest is $10.00 (+9.17%) and the highest is $12.80 (+39.74%).

Price Target: $11.52 (+25.76%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$10.00$11.52$11.68$12.80
Change+9.17%+25.76%+27.51%+39.74%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy1099999
Buy455566
Hold222222
Sell000000
Strong Sell000000
Total161616161717

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$11.00
BuyMaintains$11.00+20.09%Sep 1, 2026
Jefferies
Jefferies
Buy
Maintains
$11.91$12.30
BuyMaintains$11.91$12.30+34.28%Aug 31, 2026
Morgans
Morgans
Buy
Maintains
$11.50$10.60
BuyMaintains$11.50$10.60+15.72%Aug 31, 2026
Citi
Citi
Buy
Maintains
$11.40$11.50
BuyMaintains$11.40$11.50+25.55%Aug 30, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Buy
Maintains
$11.50$12.00
BuyMaintains$11.50$12.00+31.00%Aug 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
27.23B
from 25.52B
Increased by 6.71%
Revenue Next Year
27.99B
from 27.23B
Increased by 2.79%
EPS This Year
0.97
from 0.96
Increased by 1.64%
EPS Next Year
1.28
from 0.97
Increased by 31.39%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
9.11B19.82B21.94B23.82B25.52B27.23B
Revenue Growth
53.49%117.56%10.72%8.59%7.11%6.71%
Operating Income
-1.42B2.73B2.20B2.52B2.24B2.51B
Net Income
-860.00M1.75B1.26B1.61B1.29B1.49B
EPS
----0.960.97
EPS Growth
-----13.00%1.64%
Forward PE
38.576.206.189.449.999.42
Dividend / Share
---0.330.400.40
Dividend Growth
----20.00%0.05%
Free Cash Flow
2.07B2.51B209.00M431.38M-438.13M-452.85M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202720282029
High27.9B
Avg27.2B
Low26.7B

Revenue Growth

Revenue Growth202720282029
High
9.3%
Avg
6.7%
Low
4.8%

EPS Forecast

EPS202720282029
High1.08
Avg0.97
Low0.90

EPS Growth

EPS Growth202720282029
High
12.3%
Avg
1.6%
Low
-6.1%