Safaricom PLC (NASE:SCOM)
Kenya flag Kenya · Delayed Price · Currency is KES
37.85
+0.80 (2.16%)
At close: Aug 28, 2026

Safaricom Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Safaricom stock has a consensus rating of "Strong Buy" and an average price target of KES 40.22. The average 1-year stock price forecast is 6.26% higher than the current stock price, while the lowest is KES 34.30 (-9.38%) and the highest is KES 45.00 (+18.89%).

Price Target: KES 40.22 (+6.26%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceKES 34.30KES 40.22KES 40.00KES 45.00
Change-9.38%+6.26%+5.68%+18.89%

Analyst Ratings

The average analyst rating for Safaricom stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy555555
Buy111111
Hold111100
Sell000000
Strong Sell000000
Total777766

Financial Forecast

Revenue This Year
474.97B
from 423.87B
Increased by 12.06%
Revenue Next Year
523.28B
from 474.97B
Increased by 10.17%
EPS This Year
2.91
from 2.39
Increased by 21.67%
EPS Next Year
3.36
from 2.91
Increased by 15.47%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
295.84B308.31B345.96B385.23B423.87B474.97B
Revenue Growth
12.94%4.22%12.21%11.35%10.03%12.06%
Operating Income
109.53B87.12B79.52B124.92B160.12B182.30B
Net Income
69.65B62.27B62.99B69.80B95.61B109.76B
EPS
----2.392.91
EPS Growth
----37.36%21.67%
Forward PE
17.0611.5410.589.7010.4013.02
Dividend / Share
1.391.201.201.202.002.39
Dividend Growth
1.46%-13.67%--66.67%19.70%
Free Cash Flow
-21.71B32.63B41.00B54.64B67.70B122.75B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is KES.

Revenue Forecast

Revenue202720282029
High490.0B
Avg475.0B
Low463.4B

Revenue Growth

Revenue Growth202720282029
High
15.6%
Avg
12.1%
Low
9.3%

EPS Forecast

EPS202720282029
High3.02
Avg2.91
Low2.80

EPS Growth

EPS Growth202720282029
High
26.4%
Avg
21.7%
Low
17.2%