Meridian Energy Limited (NZE:MEL)
5.73
-0.04 (-0.69%)
Jul 24, 2026, 5:00 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 $6.39. The average 1-year stock price forecast is 11.52% higher than the current stock price, while the lowest is $6.00 (+4.71%) and the highest is $6.94 (+21.12%).
Price Target: $6.39 (+11.52%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Financial Forecast
Revenue This Year
4.25B
from 4.84B
Decreased by -12.15%
Revenue Next Year
4.74B
from 4.25B
Increased by 11.53%
EPS This Year
0.20
from 0.02
Increased by 830.70%
EPS Next Year
0.21
from 0.20
Increased by 7.07%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NZD.