Westpac Banking Corporation (ASX:WBC)
Australia flag Australia · Delayed Price · Currency is AUD
37.03
+0.39 (1.06%)
Nov 6, 2026, 4:11 PM AEDT

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 $33.15. The average 1-year stock price forecast is 10.48% lower than the current stock price, while the lowest is $30.00 (-18.98%) and the highest is $41.50 (+12.07%).

Price Target: $33.15 (-10.48%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Price$30.00$33.15$32.21$41.50
Change-18.98%-10.48%-13.02%+12.07%

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

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy011111
Buy000000
Hold544455
Sell444444
Strong Sell555544
Total141414141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Sell
Maintains
$33.30 → $33.40
SellMaintains$33.30 → $33.40-9.80%Nov 6, 2026
Jarden
Jarden
Sell
Maintains
$31.00 → $30.00
SellMaintains$31.00 → $30.00-18.98%Nov 3, 2026
Morgans
Morgans
Sell
Maintains
$31.67 → $32.32
SellMaintains$31.67 → $32.32-12.72%Nov 3, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$30.00 → $31.00
SellMaintains$30.00 → $31.00-16.28%Nov 3, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Sell
Maintains
$31.00
SellMaintains$31.00-16.28%Nov 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.21B
from 22.71B
Increased by 2.19%
Revenue Next Year
23.83B
from 23.21B
Increased by 2.70%
EPS This Year
2.08
from 2.04
Increased by 1.97%
EPS Next Year
2.15
from 2.08
Increased by 3.38%
Fiscal YearFY 2026FY 2027
Period EndingSep 30, 2026Sep 30, 2027
Revenue
22.71B23.21B
Revenue Growth
1.09%2.19%
Gross Profit
424.64M430.46M
Gross Margin
1.87%1.86%
Operating Income
10.93B11.30B
Net Income
6.81B7.12B
EPS
2.042.08
EPS Growth
1.54%1.97%
Forward PE
-17.80
Dividend / Share
1.541.56
Dividend Growth
0.65%1.02%
No. Analysts
-13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202720282029
High23.5B
Avg23.2B
Low22.9B

Revenue Growth

Revenue Growth202720282029
High
3.3%
Avg
2.2%
Low
0.9%

EPS Forecast

EPS202720282029
High2.12
Avg2.08
Low2.01

EPS Growth

EPS Growth202720282029
High
3.9%
Avg
2.0%
Low
-1.3%