Airtel Africa Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Airtel Africa stock has a consensus rating of "Hold" and an average price target of 377p. The average 1-year stock price forecast is 10.35% higher than the current stock price, while the lowest is 332p (-2.98%) and the highest is 464p (+35.58%).

Price Target: 377p (+10.35%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	332p	377p	356p	464p
Change	-2.98%	+10.35%	+4.13%	+35.58%

Analyst Ratings

The average analyst rating for Airtel Africa stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	1
Hold	4	3	3	3	3	3
Sell	1	1	1	1	1	1
Strong Sell	0	1	1	1	1	1
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Karidis Deutsche Bank	Deutsche Bank	Buy Reiterates 450p	Buy	Reiterates	450p	+31.58%	Jun 22, 2026
Ganesha Nagesha Barclays	Barclays	Buy Maintains 375p → 370p	Buy	Maintains	375p → 370p	+8.19%	May 22, 2026
Andrew Lee Goldman Sachs	Goldman Sachs	Hold Maintains n/a	Hold	Maintains	n/a	n/a	May 21, 2026
Madhvendra Singh HSBC	HSBC	Hold Downgrades 400p	Hold	Downgrades	400p	+16.96%	Jan 13, 2026

Financial Forecast

Revenue This Year

7.70B

from 6.44B

19.60%

from 6.44B

Revenue Next Year

8.89B

from 7.70B

15.37%

from 7.70B

EPS This Year

0.25

from 0.19

32.74%

from 0.19

EPS Next Year

0.32

from 0.25

31.20%

from 0.25

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	4.72B	5.27B	5.00B	4.98B	6.44B	7.70B
Revenue Growth	20.54%	11.52%	-5.09%	-0.46%	29.44%	19.60%
Operating Income	1.57B	1.76B	1.64B	1.47B	2.12B	2.82B
Net Income	631.00M	663.00M	-165.00M	220.00M	679.00M	1.01B
EPS	-	-	-	-	0.19	0.25
EPS Growth	-	-	-	-	126.83%	32.74%
Forward PE	9.33	7.37	10.70	16.72	19.86	18.52
Dividend / Share	0.05	0.05	0.06	0.07	0.07	0.08
Dividend Growth	-	9.00%	9.17%	9.24%	9.23%	11.31%
Free Cash Flow	656.63M	622.88M	415.13M	946.75M	1.22B	777.00M
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2027	2028	2029
High	7.9B
Avg	7.7B
Low	7.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	21.9%
Avg	19.6%
Low	14.9%

EPS Forecast

EPS	2027	2028	2029
High	0.27
Avg	0.25
Low	0.23

EPS Growth

EPS Growth	2027	2028	2029
High	45.8%
Avg	32.7%
Low	21.5%