The a2 Milk Company Limited (NZE:ATM)
New Zealand flag New Zealand · Delayed Price · Currency is NZD
8.37
+0.06 (0.72%)
Jul 17, 2026, 4:59 PM NZST

The a2 Milk Company Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, The a2 Milk Company stock has a consensus rating of "Buy" and an average price target of $9.73. The average 1-year stock price forecast is 16.25% higher than the current stock price, while the lowest is $9.20 (+9.92%) and the highest is $10.90 (+30.23%).

Price Target: $9.73 (+16.25%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$9.20$9.73$9.53$10.90
Change+9.92%+16.25%+13.86%+30.23%

Analyst Ratings

The average analyst rating for The a2 Milk Company stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingNov '25Jan '26Feb '26Mar '26Apr '26Jun '26
Strong Buy111112
Buy111111
Hold233333
Sell211110
Strong Sell110000
Total776666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Hold
Maintains
$8.17
HoldMaintains$8.17-2.37%Jul 6, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$12.07$10.98
BuyMaintains$12.07$10.98+31.15%Jun 26, 2026
Goldman Sachs
Goldman Sachs
Buy
Initiates
$9.64
BuyInitiates$9.64+15.12%Jun 23, 2026
Bell Potter
Bell Potter
Hold
Maintains
$8.23$8.42
HoldMaintains$8.23$8.42+0.55%Jun 22, 2026
UBS
UBS
Buy
Upgrades
n/a
BuyUpgradesn/an/aJun 19, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.97B
from 1.90B
Increased by 3.85%
Revenue Next Year
2.13B
from 1.97B
Increased by 8.00%
EPS This Year
0.28
from 0.28
Increased by 0.90%
EPS Next Year
0.33
from 0.28
Increased by 15.82%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
1.21B1.44B1.59B1.67B1.90B1.97B
Revenue Growth
-30.37%19.81%10.21%5.17%13.50%3.85%
Gross Profit
509.71M663.52M739.16M766.63M875.16M941.90M
Gross Margin
42.30%45.96%46.46%45.81%46.08%47.75%
Operating Income
126.42M177.41M201.22M202.24M248.09M263.92M
Net Income
80.66M122.62M155.64M167.58M202.89M101.29M
EPS
----0.280.28
EPS Growth
----20.86%0.90%
Forward PE
28.2623.4721.7327.1228.5229.77
Dividend / Share
----0.200.60
Free Cash Flow
102.20M197.82M75.41M198.07M151.04M80.90M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NZD.

Revenue Forecast

Revenue202620272028
High2.0B
Avg2.0B
Low2.0B

Revenue Growth

Revenue Growth202620272028
High
4.5%
Avg
3.8%
Low
3.5%

EPS Forecast

EPS202620272028
High0.28
Avg0.28
Low0.28

EPS Growth

EPS Growth202620272028
High
1.8%
Avg
0.9%
Low
0.5%