Ricegrowers Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Ricegrowers stock has a consensus rating of "Strong Buy" and an average price target of $17.97. The average 1-year stock price forecast is 39.74% higher than the current stock price, while the lowest is $17.00 (+32.19%) and the highest is $18.70 (+45.41%).

Price Target: $17.97 (+39.74%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$17.00	$17.97	$18.20	$18.70
Change	+32.19%	+39.74%	+41.52%	+45.41%

* Price targets were last updated on May 4, 2026.

Analyst Ratings

The average analyst rating for Ricegrowers stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '25	Oct '25	Dec '25	Jan '26	Mar '26	May '26
Strong Buy	1	1	1	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Allan Franklin Canaccord Genuity	Canaccord Genuity	Buy Maintains $18.70	Buy	Maintains	$18.70	+45.41%	May 4, 2026
Jonathan Snape Bell Potter	Bell Potter	Buy Maintains $18.75 → $17.00	Buy	Maintains	$18.75 → $17.00	+32.19%	Mar 20, 2026

Financial Forecast

Revenue This Year

1.83B

from 1.85B

-1.09%

from 1.85B

Revenue Next Year

1.85B

from 1.83B

1.27%

from 1.83B

EPS This Year

1.07

from 1.03

4.05%

from 1.03

EPS Next Year

0.90

from 1.07

-16.17%

from 1.07

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	1.03B	1.33B	1.64B	1.88B	1.85B	1.83B
Revenue Growth	-9.56%	30.03%	22.75%	14.72%	-1.53%	-1.09%
Gross Profit	369.73M	504.13M	659.41M	731.24M	752.44M	750.22M
Gross Margin	36.03%	37.78%	40.26%	38.92%	40.67%	41.00%
Operating Income	21.31M	63.97M	86.66M	114.48M	124.51M	116.10M
Net Income	20.77M	47.55M	52.55M	63.14M	68.41M	73.07M
EPS	-	-	-	-	1.03	1.07
EPS Growth	-	-	-	-	-3.96%	4.05%
Forward PE	-	-	7.35	5.77	9.71	11.99
Dividend / Share	0.33	0.35	0.50	0.55	0.65	0.67
Dividend Growth	-	6.06%	42.86%	10.00%	18.18%	3.59%
Free Cash Flow	15.87M	-18.71M	-74.89M	80.64M	76.08M	69.50M
No. Analysts	-	-	-	-	-	2

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

Revenue Forecast

Revenue	2026	2027	2028
High	1.8B
Avg	1.8B
Low	1.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-0.4%
Avg	-1.1%
Low	-1.8%

EPS Forecast

EPS	2026	2027	2028
High	1.10
Avg	1.07
Low	1.05

EPS Growth

EPS Growth	2026	2027	2028
High	6.7%
Avg	4.0%
Low	1.4%