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 $17.37. The average 1-year stock price forecast is 26.70% higher than the current stock price, while the lowest is $16.20 (+18.16%) and the highest is $18.00 (+31.29%).

Price Target: $17.37 (+26.70%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$16.20	$17.37	$17.90	$18.00
Change	+18.16%	+26.70%	+30.56%	+31.29%

* 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	+36.40%	May 4, 2026
Jonathan Snape Bell Potter	Bell Potter	Buy Maintains $18.75 → $17.00	Buy	Maintains	$18.75 → $17.00	+24.00%	Mar 20, 2026

Financial Forecast

Revenue This Year

1.78B

from 1.80B

-1.38%

from 1.80B

Revenue Next Year

1.85B

from 1.78B

3.77%

from 1.78B

EPS This Year

0.78

from 1.04

-24.89%

from 1.04

EPS Next Year

0.90

from 0.78

15.72%

from 0.78

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	1.33B	1.64B	1.88B	1.85B	1.80B	1.78B
Revenue Growth	30.03%	22.75%	14.72%	-1.53%	-2.48%	-1.38%
Gross Profit	504.13M	659.41M	731.24M	752.44M	767.67M	729.49M
Gross Margin	37.78%	40.26%	38.92%	40.67%	42.55%	41.00%
Operating Income	63.97M	86.66M	114.48M	124.51M	112.74M	88.87M
Net Income	47.55M	52.55M	63.14M	68.41M	70.73M	54.67M
EPS	-	-	-	-	1.04	0.78
EPS Growth	-	-	-	-	0.75%	-24.89%
Forward PE	-	7.35	5.77	9.71	13.47	17.57
Dividend / Share	0.35	0.50	0.55	0.65	0.70	0.63
Dividend Growth	-	42.86%	10.00%	18.18%	7.69%	-9.52%
Free Cash Flow	-18.71M	-74.89M	80.64M	76.08M	115.44M	61.43M
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2027	2028	2029
High	1.8B
Avg	1.8B
Low	1.7B

Revenue Growth

Revenue Growth	2027	2028	2029
High	-0.6%
Avg	-1.4%
Low	-3.0%

EPS Forecast

EPS	2027	2028	2029
High	0.82
Avg	0.78
Low	0.75

EPS Growth

EPS Growth	2027	2028	2029
High	-21.1%
Avg	-24.9%
Low	-27.7%