Telstra Group Limited (ASX:TLS)
Australia flag Australia · Delayed Price · Currency is AUD
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

Chart
TargetLowAverageMedianHigh
Price$4.60$5.22$5.30$5.60
Change-9.09%+3.16%+4.74%+10.67%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy122111
Buy333211
Hold888101211
Sell000001
Strong Sell000000
Total121313131414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$5.30
BuyMaintains$5.30+4.74%Jul 28, 2026
Citi
Citi
Hold
Maintains
$5.50
HoldMaintains$5.50+8.70%Jul 15, 2026
Jefferies
Jefferies
Hold
Maintains
$5.10
HoldMaintains$5.10+0.79%Jul 13, 2026
Morgans
Morgans
Hold
Maintains
$5.20
HoldMaintains$5.20+2.77%Jul 13, 2026
UBS
UBS
Hold
Reiterates
$5.30
HoldReiterates$5.30+4.74%Jul 10, 2026
More Analyst Ratings

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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
21.56B21.28B22.70B22.93B23.13B23.75B
Revenue Growth
-9.08%-1.30%6.70%1.00%0.86%2.72%
Operating Income
1.96B2.61B3.33B3.73B4.06B4.11B
Net Income
1.86B1.69B1.93B1.62B2.17B2.31B
EPS
----0.190.20
EPS Growth
----3.24%7.02%
Forward PE
25.9023.7823.2319.4923.3524.76
Dividend / Share
0.100.140.170.180.190.21
Dividend Growth
-35.00%25.93%5.88%5.56%10.64%
Free Cash Flow
2.08B3.61B2.22B2.32B1.92B2.94B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High24.5B
Avg23.8B
Low23.3B

Revenue Growth

Revenue Growth202620272028
High
6.0%
Avg
2.7%
Low
0.6%

EPS Forecast

EPS202620272028
High0.21
Avg0.20
Low0.20

EPS Growth

EPS Growth202620272028
High
10.9%
Avg
7.0%
Low
3.7%