Telstra Group Limited (ASX:TLS)
Australia · Delayed Price · Currency is AUD 5.08
+0.01 (0.20%)
Jun 19, 2026, 11:29 AM AEST
Telstra Group Stock Forecast
Stock Price Forecast
According to 13 analysts polled by S&P Global, Telstra Group stock has a consensus rating of "Hold" and an average price target of $5.27. The average 1-year stock price forecast is 3.74% higher than the current stock price, while the lowest is $4.60 (-9.45%) and the highest is $5.60 (+10.24%).
Price Target: $5.27 (+3.74%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Telstra Group stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 1 | 2 | 2 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 7 | 8 | 8 | 8 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Macquarie No rating | Macquarie | Hold Downgrades $5.64 → $5.57 | Hold | Downgrades | $5.64 → $5.57 | +9.65% | May 21, 2026 |
| Jarden | Jarden | Hold Maintains $5.05 | Hold | Maintains | $5.05 | -0.59% | May 21, 2026 |
| CLSA | CLSA | Hold Maintains $4.50 → $4.60 | Hold | Maintains | $4.50 → $4.60 | -9.45% | Mar 26, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $5.50 | Buy | Maintains | $5.50 | +8.27% | Mar 25, 2026 |
| UBS | UBS | Hold Reiterates $5.20 → $5.30 | Hold | Reiterates | $5.20 → $5.30 | +4.33% | Mar 24, 2026 |
Financial Forecast
Revenue This Year
23.79B
from 23.13B
Increased by 2.89%
Revenue Next Year
24.19B
from 23.79B
Increased by 1.65%
EPS This Year
0.21
from 0.19
Increased by 7.36%
EPS Next Year
0.22
from 0.21
Increased by 7.02%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 24.5B | ||
| Avg | 23.8B | ||
| Low | 23.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.0% | ||
| Avg | 2.9% | ||
| Low | 0.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.21 | ||
| Avg | 0.21 | ||
| Low | 0.20 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.0% | ||
| Avg | 7.4% | ||
| Low | 3.7% |