Telstra Group Limited (ASX:TLS)
5.06
+0.05 (1.00%)
Jul 29, 2026, 4:20 PM AEST
Telstra Group Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, Telstra Group stock has a consensus rating of "Hold" and an average price target of $5.22. The average 1-year stock price forecast is 3.16% higher than the current stock price, while the lowest is $4.60 (-9.09%) and the highest is $5.60 (+10.67%).
Price Target: $5.22 (+3.16%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 2 | 1 | 1 |
| Hold | 8 | 8 | 8 | 10 | 12 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $5.30 | Buy | Maintains | $5.30 | +4.74% | Jul 28, 2026 |
| Citi | Citi | Hold Maintains $5.50 | Hold | Maintains | $5.50 | +8.70% | Jul 15, 2026 |
| Jefferies | Jefferies | Hold Maintains $5.10 | Hold | Maintains | $5.10 | +0.79% | Jul 13, 2026 |
| Morgans | Morgans | Hold Maintains $5.20 | Hold | Maintains | $5.20 | +2.77% | Jul 13, 2026 |
| UBS | UBS | Hold Reiterates $5.30 | Hold | Reiterates | $5.30 | +4.74% | Jul 10, 2026 |
Financial Forecast
Revenue This Year
23.75B
from 23.13B
Increased by 2.72%
Revenue Next Year
24.14B
from 23.75B
Increased by 1.64%
EPS This Year
0.20
from 0.19
Increased by 7.02%
EPS Next Year
0.22
from 0.20
Increased by 6.63%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.