Meridian Energy Limited (NZE:MEL)
5.56
+0.03 (0.54%)
Sep 24, 2026, 4:59 PM 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 12.59% higher than the current stock price, while the lowest is $5.80 (+4.32%) and the highest is $6.70 (+20.50%).
Price Target: $6.26 (+12.59%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 2 | 2 | 1 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Macquarie No rating | Macquarie | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Sep 17, 2026 |
| Jarden | Jarden | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Aug 27, 2026 |
Financial Forecast
Revenue This Year
4.03B
from 3.88B
Increased by 3.76%
Revenue Next Year
4.51B
from 4.03B
Increased by 11.83%
EPS This Year
0.15
from 0.12
Increased by 26.42%
EPS Next Year
0.16
from 0.15
Increased by 6.83%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NZD.