Safaricom PLC (NASE:SCOM)
31.75
+0.30 (0.95%)
At close: Jun 5, 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 38.32. The average 1-year stock price forecast is 20.69% higher than the current stock price, while the lowest is KES 31.91 (+0.50%) and the highest is KES 44.00 (+38.58%).
Price Target: KES 38.32 (+20.69%)
Analyst Consensus: Strong Buy
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
| Rating | Nov '25 | Dec '25 | Jan '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 5 | 5 | 5 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 7 |
Financial Forecast
Revenue This Year
474.13B
from 420.99B
Increased by 12.62%
Revenue Next Year
518.14B
from 474.13B
Increased by 9.28%
EPS This Year
2.89
from 2.39
Increased by 21.02%
EPS Next Year
3.18
from 2.89
Increased by 10.10%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is KES.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 478.0B | ||
| Avg | 474.1B | ||
| Low | 470.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 13.5% | ||
| Avg | 12.6% | ||
| Low | 11.7% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 2.89 | ||
| Low | - |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 21.0% | ||
| Low | - |