Wesfarmers Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Wesfarmers stock has a consensus rating of "Sell" and an average price target of $77.02. The average 1-year stock price forecast is 5.77% higher than the current stock price, while the lowest is $58.00 (-20.35%) and the highest is $89.00 (+22.22%).

Price Target: $77.02 (+5.77%)

Analyst Consensus: Sell

Price Target

Chart

Target	Low	Average	Median	High
Price	$58.00	$77.02	$77.50	$89.00
Change	-20.35%	+5.77%	+6.43%	+22.22%

Analyst Ratings

The average analyst rating for Wesfarmers 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

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	2	2	2	0	0	0
Buy	0	0	1	1	1	3
Hold	6	6	7	8	5	3
Sell	3	2	1	1	2	2
Strong Sell	3	4	3	3	6	6
Total	14	14	14	13	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Macquarie No rating	Macquarie	Buy Upgrades $85.00	Buy	Upgrades	$85.00	+16.73%	Sep 7, 2026
Melinda Baxter Morgan Stanley	Morgan Stanley	Sell Maintains $79.00 → $78.00	Sell	Maintains	$79.00 → $78.00	+7.11%	Sep 3, 2026
Bryan Raymond J.P. Morgan	J.P. Morgan	Sell Maintains $72.50 → $73.30	Sell	Maintains	$72.50 → $73.30	+0.66%	Sep 2, 2026
Michael Simotas Jefferies	Jefferies	Sell Maintains $73.00 → $69.00	Sell	Maintains	$73.00 → $69.00	-5.25%	Aug 31, 2026
Alexander Lu Morgans	Morgans	Buy Maintains $85.00	Buy	Maintains	$85.00	+16.73%	Aug 28, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

49.46B

from 47.27B

4.62%

from 47.27B

Revenue Next Year

51.73B

from 49.46B

4.59%

from 49.46B

EPS This Year

2.72

from 2.53

7.45%

from 2.53

EPS Next Year

2.92

from 2.72

7.17%

from 2.72

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	36.84B	43.55B	44.19B	45.70B	47.27B	49.46B
Revenue Growth	8.54%	18.22%	1.47%	3.42%	3.44%	4.62%
Gross Profit	13.13B	14.33B	15.04B	15.44B	15.87B	17.61B
Gross Margin	35.65%	32.90%	34.04%	33.79%	33.56%	35.60%
Operating Income	3.31B	3.70B	3.85B	3.95B	4.23B	4.90B
Net Income	2.35B	2.47B	2.56B	2.93B	2.87B	3.10B
EPS	-	-	-	-	2.53	2.72
EPS Growth	-	-	-	-	8.29%	7.45%
Forward PE	20.22	22.38	26.88	34.17	33.47	26.74
Dividend / Share	1.80	1.91	1.98	2.06	2.22	2.37
Dividend Growth	1.12%	6.11%	3.67%	4.04%	7.77%	6.85%
Free Cash Flow	414.50M	2.93B	3.23B	2.44B	3.58B	3.04B
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	50.1B
Avg	49.5B
Low	48.8B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	6.0%
Avg	4.6%
Low	3.2%

EPS Forecast

Chart

EPS	2027	2028	2029
High	2.84
Avg	2.72
Low	2.60

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	11.9%
Avg	7.5%
Low	2.6%