Qantas Airways Limited (ASX:QAN)
10.06
+0.07 (0.70%)
Jun 19, 2026, 4:12 PM AEST
Qantas Airways Stock Forecast
Stock Price Forecast
According to 16 analysts polled by S&P Global, Qantas Airways stock has a consensus rating of "Buy" and an average price target of $11.01. The average 1-year stock price forecast is 9.44% higher than the current stock price, while the lowest is $10.00 (-0.60%) and the highest is $12.80 (+27.24%).
Price Target: $11.01 (+9.44%)
Analyst Consensus: Buy
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 10 | 9 | 9 | 9 |
| Buy | 2 | 2 | 4 | 5 | 5 | 5 |
| Hold | 4 | 4 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jarden | Jarden | Buy Maintains $11.25 | Buy | Maintains | $11.25 | +11.83% | Jun 4, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $12.25 | Buy | Maintains | $12.25 | +21.77% | Jun 2, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $11.00 → $10.60 | Buy | Maintains | $11.00 → $10.60 | +5.37% | May 28, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Buy Maintains $11.00 | Buy | Maintains | $11.00 | +9.34% | May 6, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $10.75 → $10.25 | Buy | Maintains | $10.75 → $10.25 | +1.89% | May 2, 2026 |
Financial Forecast
Revenue This Year
25.61B
from 23.82B
Increased by 7.51%
Revenue Next Year
27.15B
from 25.61B
Increased by 6.02%
EPS This Year
0.96
from 1.10
Decreased by -12.35%
EPS Next Year
1.07
from 0.96
Increased by 11.30%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 25.9B | ||
| Avg | 25.6B | ||
| Low | 25.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.7% | ||
| Avg | 7.5% | ||
| Low | 6.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.26 | ||
| Avg | 0.96 | ||
| Low | 0.90 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.5% | ||
| Avg | -12.4% | ||
| Low | -18.5% |