Meridian Energy Limited (NZE:MEL)
New Zealand flag New Zealand · Delayed Price · Currency is NZD
5.41
+0.08 (1.50%)
Sep 4, 2026, 11:40 AM NZST

Meridian Energy Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Meridian Energy stock has a consensus rating of "Buy" and an average price target of $6.26. The average 1-year stock price forecast is 15.71% higher than the current stock price, while the lowest is $5.80 (+7.21%) and the highest is $6.73 (+24.40%).

Price Target: $6.26 (+15.71%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$5.80$6.26$6.25$6.73
Change+7.21%+15.71%+15.53%+24.40%

Analyst Ratings

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

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy222222
Buy111110
Hold222123
Sell000000
Strong Sell000100
Total555555

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jarden
Jarden
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 27, 2026

Financial Forecast

Revenue This Year
4.03B
from 3.88B
Increased by 3.86%
Revenue Next Year
4.51B
from 4.03B
Increased by 11.82%
EPS This Year
0.15
from 0.12
Increased by 27.26%
EPS Next Year
0.16
from 0.15
Increased by 6.80%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
3.78B3.22B4.86B4.84B3.88B4.03B
Revenue Growth
-4.72%-14.67%50.71%-0.43%-19.69%3.86%
Net Income
664.00M95.00M429.00M-452.00M130.00M332.58M
EPS
----0.120.15
EPS Growth
----443.72%27.26%
Forward PE
38.9042.7833.7336.5127.5736.36
Dividend / Share
0.170.180.210.210.230.24
Dividend Growth
2.96%2.87%17.32%-7.14%5.04%
Free Cash Flow
444.00M129.88M357.00M65.63M455.63M718.00M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NZD.

Revenue Forecast

Revenue202720282029
High4.4B
Avg4.0B
Low3.7B

Revenue Growth

Revenue Growth202720282029
High
14.3%
Avg
3.9%
Low
-5.1%

EPS Forecast

EPS202720282029
High0.20
Avg0.15
Low0.12

EPS Growth

EPS Growth202720282029
High
73.6%
Avg
27.3%
Low
2.7%