TPG Telecom Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, TPG Telecom stock has a consensus rating of "Hold" and an average price target of $4.12. The average 1-year stock price forecast is 13.50% higher than the current stock price, while the lowest is $3.50 (-3.58%) and the highest is $4.70 (+29.48%).

Price Target: $4.12 (+13.50%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$3.50	$4.12	$4.12	$4.70
Change	-3.58%	+13.50%	+13.50%	+29.48%

Analyst Ratings

The average analyst rating for TPG Telecom 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	2	2	2
Buy	4	4	4	4	4	4
Hold	4	4	4	4	5	5
Sell	1	1	1	1	0	0
Strong Sell	1	1	1	1	1	1
Total	11	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew McLeod Morgan Stanley	Morgan Stanley	Sell Maintains $3.50	Sell	Maintains	$3.50	-3.58%	Jul 2, 2026
Lucy Huang UBS	UBS	Hold Maintains $3.97	Hold	Maintains	$3.97	+9.37%	Jun 25, 2026
Bob Chen CFA J.P. Morgan	J.P. Morgan	Hold Upgrades $3.70	Hold	Upgrades	$3.70	+1.93%	Jun 6, 2026
Liam Robertson Jarden	Jarden	Buy Maintains $4.30	Buy	Maintains	$4.30	+18.46%	Jun 3, 2026
Unknown Analyst Macquarie No rating	Macquarie	Buy Maintains $4.40 → $4.10	Buy	Maintains	$4.40 → $4.10	+12.95%	Jun 2, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.14B

from 5.05B

1.85%

from 5.05B

Revenue Next Year

5.28B

from 5.14B

2.66%

from 5.14B

EPS This Year

0.06

from 0.04

63.97%

from 0.04

EPS Next Year

0.09

from 0.06

49.05%

from 0.06

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.29B	5.45B	5.57B	4.91B	5.05B	5.14B
Revenue Growth	21.63%	3.01%	2.17%	-11.89%	2.94%	1.85%
Gross Profit	2.37B	2.46B	2.68B	2.31B	2.35B	2.88B
Gross Margin	44.77%	45.20%	48.11%	47.16%	46.47%	56.00%
Operating Income	267.00M	344.00M	422.00M	382.00M	409.00M	422.73M
Net Income	113.00M	513.00M	49.00M	-107.00M	461.00M	59.16M
EPS	-	-	-	-	0.04	0.06
EPS Growth	-	-	-	-	-87.79%	63.97%
Forward PE	35.38	30.91	39.30	25.88	34.14	59.83
Dividend / Share	0.17	0.18	0.18	0.18	0.18	0.19
Dividend Growth	-	9.09%	-	-	-	5.19%
Free Cash Flow	732.94M	273.88M	98.07M	256.36M	960.23M	673.81M
No. Analysts	-	-	-	-	-	12

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue	2026	2027	2028
High	5.2B
Avg	5.1B
Low	5.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.1%
Avg	1.8%
Low	0.5%

EPS Forecast

EPS	2026	2027	2028
High	0.07
Avg	0.06
Low	0.03

EPS Growth

EPS Growth	2026	2027	2028
High	98.9%
Avg	64.0%
Low	-18.9%