Westpac Banking Corporation (ASX:WBC)
Australia flag Australia · Delayed Price · Currency is AUD
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

Chart
TargetLowAverageMedianHigh
Price$30.00$33.39$32.83$38.80
Change-21.36%-12.48%-13.94%+1.70%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy000000
Buy000000
Hold655555
Sell454444
Strong Sell345555
Total131414141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Macquarie
No rating
Macquarie
Sell
Maintains
$30.00
SellMaintains$30.00-21.36%Jul 28, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$31.50
SellMaintains$31.50-17.43%Jul 21, 2026
Citi
Citi
Hold
Maintains
$37.50
HoldMaintains$37.50-1.70%Jul 20, 2026
Jefferies
Jefferies
Hold
Maintains
$34.70$34.95
HoldMaintains$34.70$34.95-8.39%Jul 8, 2026
UBS
UBS
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 25, 2026
More Analyst Ratings

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%
Fiscal YearFY 2025FY 2026
Period EndingSep 30, 2025Sep 30, 2026
Revenue
22.46B22.99B
Revenue Growth
3.22%2.34%
Gross Profit
435.80M439.43M
Gross Margin
1.94%1.91%
Operating Income
10.55B11.08B
Net Income
6.92B7.02B
EPS
2.012.07
EPS Growth
1.88%3.17%
Forward PE
-18.41
Dividend / Share
1.531.56
Dividend Growth
1.32%1.92%
No. Analysts
-13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High23.4B
Avg23.0B
Low22.8B

Revenue Growth

Revenue Growth202620272028
High
4.2%
Avg
2.3%
Low
1.4%

EPS Forecast

EPS202620272028
High2.12
Avg2.07
Low2.02

EPS Growth

EPS Growth202620272028
High
5.5%
Avg
3.2%
Low
0.5%