The a2 Milk Company Limited (NZE:ATM)
New Zealand flag New Zealand · Delayed Price · Currency is NZD
8.11
+0.63 (8.42%)
Jun 19, 2026, 5:13 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 "Hold" and an average price target of $10.23. The average 1-year stock price forecast is 26.14% higher than the current stock price, while the lowest is $7.36 (-9.25%) and the highest is $11.90 (+46.73%).

Price Target: $10.23 (+26.14%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$7.36$10.23$10.45$11.90
Change-9.25%+26.14%+28.85%+46.73%
* Price targets were last updated on May 21, 2026.

Analyst Ratings

The average analyst rating for The a2 Milk Company stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingNov '25Jan '26Feb '26Mar '26Apr '26Jun '26
Strong Buy111111
Buy111111
Hold233333
Sell211111
Strong Sell110000
Total776666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
$12.01
BuyMaintains$12.01+48.05%May 21, 2026
Citi
Citi
Sell
Downgrades
$10.19$7.09
SellDowngrades$10.19$7.09-12.52%May 17, 2026
UBS
UBS
Hold
Maintains
n/a
HoldMaintainsn/an/aMay 5, 2026
Bell Potter
Bell Potter
Hold
Maintains
$10.13$8.19
HoldMaintains$10.13$8.19+0.94%May 4, 2026
Unknown Analyst
Macquarie
No rating
Macquarie
Buy
Maintains
$11.28
BuyMaintains$11.28+39.07%May 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.98B
from 1.90B
Increased by 4.46%
Revenue Next Year
2.17B
from 1.98B
Increased by 9.55%
EPS This Year
0.28
from 0.28
Decreased by -0.20%
EPS Next Year
0.35
from 0.28
Increased by 24.60%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
1.21B1.44B1.59B1.67B1.90B1.98B
Revenue Growth
-30.37%19.81%10.21%5.17%13.50%4.46%
Gross Profit
509.71M663.52M739.16M766.63M875.16M946.99M
Gross Margin
42.30%45.96%46.46%45.81%46.08%47.73%
Operating Income
126.42M177.41M201.22M202.24M248.09M262.18M
Net Income
80.66M122.62M155.64M167.58M202.89M96.65M
EPS
----0.280.28
EPS Growth
----20.86%-0.20%
Forward PE
28.2623.4721.7327.1228.5229.16
Dividend / Share
----0.200.20
Free Cash Flow
102.20M197.82M75.41M198.07M151.04M59.20M
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NZD.

Revenue Forecast

Revenue202620272028
High2.0B
Avg2.0B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
5.9%
Avg
4.5%
Low
2.0%

EPS Forecast

EPS202620272028
High0.28
Avg0.28
Low0.27

EPS Growth

EPS Growth202620272028
High
1.0%
Avg
-0.2%
Low
-3.1%