Westpac Banking Corporation (ASX:WBC)
Australia · Delayed Price · Currency is AUD 36.48
+0.28 (0.77%)
Jul 10, 2026, 11:49 AM AEST
Westpac Banking Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, Westpac Banking stock has a consensus rating of "Sell" and an average price target of $33.29. The average 1-year stock price forecast is 8.74% lower than the current stock price, while the lowest is $30.00 (-17.76%) and the highest is $38.80 (+6.36%).
Price Target: $33.29 (-8.74%)
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Westpac Banking stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 5 | 5 | 5 | 5 | 5 |
| Sell | 4 | 5 | 4 | 4 | 4 | 4 |
| Strong Sell | 3 | 4 | 5 | 5 | 5 | 5 |
| Total | 13 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Macquarie No rating | Macquarie | Sell Maintains $30.00 | Sell | Maintains | $30.00 | -17.76% | Jul 1, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $31.50 | Sell | Maintains | $31.50 | -13.65% | Jul 1, 2026 |
| UBS | UBS | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jun 25, 2026 |
| J.P. Morgan | J.P. Morgan | Sell Maintains $35.30 → $34.00 | Sell | Maintains | $35.30 → $34.00 | -6.80% | Jun 16, 2026 |
| Jarden | Jarden | Sell Maintains $31.00 | Sell | Maintains | $31.00 | -15.02% | Jun 11, 2026 |
Financial Forecast
Revenue This Year
22.98B
from 22.46B
Increased by 2.32%
Revenue Next Year
23.73B
from 22.98B
Increased by 3.24%
EPS This Year
2.06
from 2.01
Increased by 2.66%
EPS Next Year
2.17
from 2.06
Increased by 5.04%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.4B | ||
| Avg | 23.0B | ||
| Low | 22.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.2% | ||
| Avg | 2.3% | ||
| Low | 1.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.12 | ||
| Avg | 2.06 | ||
| Low | 1.95 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.5% | ||
| Avg | 2.7% | ||
| Low | -2.8% |