Westpac Banking Corporation (ASX:WBC)
38.15
+0.21 (0.55%)
Jul 30, 2026, 4:12 PM 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 $33.39. The average 1-year stock price forecast is 12.48% lower than the current stock price, while the lowest is $30.00 (-21.36%) and the highest is $38.80 (+1.70%).
Price Target: $33.39 (-12.48%)
Analyst Consensus: Sell
Price Target
ChartAnalyst 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 | -21.36% | Jul 28, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $31.50 | Sell | Maintains | $31.50 | -17.43% | Jul 21, 2026 |
| Citi | Citi | Hold Maintains $37.50 | Hold | Maintains | $37.50 | -1.70% | Jul 20, 2026 |
| Jefferies | Jefferies | Hold Maintains $34.70 → $34.95 | Hold | Maintains | $34.70 → $34.95 | -8.39% | Jul 8, 2026 |
| UBS | UBS | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jun 25, 2026 |
Financial Forecast
Revenue This Year
22.99B
from 22.46B
Increased by 2.34%
Revenue Next Year
23.72B
from 22.99B
Increased by 3.18%
EPS This Year
2.07
from 2.01
Increased by 3.17%
EPS Next Year
2.17
from 2.07
Increased by 4.86%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.