Telstra Group Limited (ASX:TLS)
Australia flag Australia · Delayed Price · Currency is AUD
4.740
-0.070 (-1.46%)
Aug 18, 2026, 4:19 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 $5.01. The average 1-year stock price forecast is 5.70% higher than the current stock price, while the lowest is $4.20 (-11.39%) and the highest is $5.50 (+16.03%).

Price Target: $5.01 (+5.70%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.20$5.01$5.03$5.50
Change-11.39%+5.70%+6.12%+16.03%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy221111
Buy332112
Hold8810121110
Sell000011
Strong Sell000000
Total131313141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Hold
Maintains
$5.10$4.70
HoldMaintains$5.10$4.70-0.84%Aug 17, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$5.30$5.25
BuyMaintains$5.30$5.25+10.76%Aug 17, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Buy
Maintains
$5.50
BuyMaintains$5.50+16.03%Aug 14, 2026
Unknown Analyst
Macquarie
No rating
Macquarie
Hold
Maintains
$5.57$5.02
HoldMaintains$5.57$5.02+5.91%Aug 14, 2026
Morgans
Morgans
Hold
Maintains
$5.20$5.00
HoldMaintains$5.20$5.00+5.49%Aug 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.62B
from 22.94B
Increased by 3.00%
Revenue Next Year
24.01B
from 23.62B
Increased by 1.62%
EPS This Year
0.22
from 0.20
Increased by 5.09%
EPS Next Year
0.23
from 0.22
Increased by 6.05%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
21.28B22.70B22.93B23.13B22.94B23.62B
Revenue Growth
-1.30%6.70%1.00%0.86%-0.81%3.00%
Operating Income
2.61B3.33B3.73B4.06B4.21B4.27B
Net Income
1.69B1.93B1.62B2.17B2.24B2.41B
EPS
----0.200.22
EPS Growth
----7.28%5.09%
Forward PE
23.7823.2319.4923.3523.6322.01
Dividend / Share
0.140.170.180.190.210.22
Dividend Growth
35.00%25.93%5.88%5.56%10.53%5.58%
Free Cash Flow
3.61B2.22B2.32B1.92B3.44B3.50B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202720282029
High24.1B
Avg23.6B
Low23.2B

Revenue Growth

Revenue Growth202720282029
High
4.9%
Avg
3.0%
Low
0.9%

EPS Forecast

EPS202720282029
High0.22
Avg0.22
Low0.21

EPS Growth

EPS Growth202720282029
High
8.5%
Avg
5.1%
Low
1.5%