Westpac Banking Corporation (ASX:WBC)
Australia flag Australia · Delayed Price · Currency is AUD
34.58
-0.44 (-1.26%)
Sep 8, 2026, 4:15 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 $33.49. The average 1-year stock price forecast is 3.15% lower than the current stock price, while the lowest is $30.00 (-13.24%) and the highest is $45.00 (+30.13%).

Price Target: $33.49 (-3.15%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Price$30.00$33.49$31.93$45.00
Change-13.24%-3.15%-7.66%+30.13%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy000011
Buy000000
Hold555544
Sell544444
Strong Sell455555
Total141414141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Hold
Maintains
$37.00$35.50
HoldMaintains$37.00$35.50+2.66%Aug 18, 2026
J.P. Morgan
J.P. Morgan
Sell
Maintains
$34.00$33.60
SellMaintains$34.00$33.60-2.83%Aug 13, 2026
Jefferies
Jefferies
Hold
Maintains
$34.95$34.71
HoldMaintains$34.95$34.71+0.38%Aug 12, 2026
Jarden
Jarden
Sell
Maintains
$31.00
SellMaintains$31.00-10.35%Aug 11, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$30.50$30.00
SellMaintains$30.50$30.00-13.24%Aug 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
22.91B
from 22.46B
Increased by 1.97%
Revenue Next Year
23.54B
from 22.91B
Increased by 2.79%
EPS This Year
2.04
from 2.01
Increased by 1.73%
EPS Next Year
2.14
from 2.04
Increased by 4.58%
Fiscal YearFY 2025FY 2026
Period EndingSep 30, 2025Sep 30, 2026
Revenue
22.46B22.91B
Revenue Growth
3.22%1.97%
Gross Profit
435.80M431.94M
Gross Margin
1.94%1.89%
Operating Income
10.55B11.01B
Net Income
6.92B6.96B
EPS
2.012.04
EPS Growth
1.88%1.73%
Forward PE
-16.92
Dividend / Share
1.531.55
Dividend Growth
1.32%1.55%
No. Analysts
-13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High23.2B
Avg22.9B
Low22.8B

Revenue Growth

Revenue Growth202620272028
High
3.1%
Avg
2.0%
Low
1.5%

EPS Forecast

EPS202620272028
High2.08
Avg2.04
Low2.00

EPS Growth

EPS Growth202620272028
High
3.7%
Avg
1.7%
Low
-0.2%