Telstra Group Limited (ASX:TLS)
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
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 2 | 1 | 1 | 2 |
| Hold | 8 | 8 | 10 | 12 | 11 | 10 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $5.10 → $4.70 | Hold | Maintains | $5.10 → $4.70 | -0.84% | Aug 17, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $5.30 → $5.25 | Buy | Maintains | $5.30 → $5.25 | +10.76% | Aug 17, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $5.50 | Buy | Maintains | $5.50 | +16.03% | Aug 14, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Hold Maintains $5.57 → $5.02 | Hold | Maintains | $5.57 → $5.02 | +5.91% | Aug 14, 2026 |
| Morgans | Morgans | Hold Maintains $5.20 → $5.00 | Hold | Maintains | $5.20 → $5.00 | +5.49% | Aug 14, 2026 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.