Westpac Banking Corporation (ASX:WBC)
Australia flag Australia · Delayed Price · Currency is AUD
35.41
+0.26 (0.74%)
Oct 19, 2026, 4:10 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 $33.47. The average 1-year stock price forecast is 5.48% lower than the current stock price, while the lowest is $30.00 (-15.28%) and the highest is $45.00 (+27.08%).

Price Target: $33.47 (-5.48%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Price$30.00$33.47$31.93$45.00
Change-15.28%-5.48%-9.83%+27.08%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy001111
Buy000000
Hold554444
Sell444444
Strong Sell555555
Total141414141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Hold
Maintains
$36.10
HoldMaintains$36.10+1.95%Oct 11, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$30.00
SellMaintains$30.00-15.28%Oct 1, 2026
Unknown Analyst
Macquarie
No rating
Macquarie
Sell
Maintains
$30.00
SellMaintains$30.00-15.28%Sep 21, 2026
Jarden
Jarden
Sell
Maintains
$31.00
SellMaintains$31.00-12.45%Sep 16, 2026
UBS
UBS
Buy
Maintains
$45.00
BuyMaintains$45.00+27.08%Sep 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
22.89B
from 22.46B
Increased by 1.91%
Revenue Next Year
23.54B
from 22.89B
Increased by 2.81%
EPS This Year
2.05
from 2.01
Increased by 1.85%
EPS Next Year
2.14
from 2.05
Increased by 4.61%
Fiscal YearFY 2025FY 2026
Period EndingSep 30, 2025Sep 30, 2026
Revenue
22.46B22.89B
Revenue Growth
3.22%1.91%
Gross Profit
435.80M431.69M
Gross Margin
1.94%1.89%
Operating Income
10.55B10.99B
Net Income
6.92B6.95B
EPS
2.012.05
EPS Growth
1.88%1.85%
Forward PE
-17.30
Dividend / Share
1.531.56
Dividend Growth
1.32%1.69%
No. Analysts
-12
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
1.9%
Low
1.5%

EPS Forecast

EPS202620272028
High2.08
Avg2.05
Low2.01

EPS Growth

EPS Growth202620272028
High
3.7%
Avg
1.9%
Low
-0.2%