MTN Group Limited (JSE:MTN)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc 22,713
+226 (1.01%)
Jun 30, 2026, 11:50 AM SAST
MTN Group Stock Forecast
Stock Price Forecast
According to 9 analysts polled by S&P Global, MTN Group stock has a consensus rating of "Buy" and an average price target of ZAC 22,667. The average 1-year stock price forecast is 0.20% lower than the current stock price, while the lowest is ZAC 7,300 (-67.86%) and the highest is ZAC 30,000 (+32.08%).
Price Target: ZAC 22,667 (-0.20%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MTN Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 8 | 9 | 8 | 9 | 9 |
Financial Forecast
Revenue This Year
255.60B
from 226.76B
Increased by 12.72%
Revenue Next Year
300.33B
from 255.60B
Increased by 17.50%
EPS This Year
17.21
from 12.60
Increased by 36.58%
EPS Next Year
22.06
from 17.21
Increased by 28.21%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 270.2B | ||
| Avg | 255.6B | ||
| Low | 221.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 19.2% | ||
| Avg | 12.7% | ||
| Low | -2.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 19.04 | ||
| Avg | 17.21 | ||
| Low | 14.87 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 51.1% | ||
| Avg | 36.6% | ||
| Low | 18.0% |