Diageo Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Diageo stock has a consensus rating of "Buy" and an average price target of $100.43. The average 1-year stock price forecast is 25.69% higher than the current stock price, while the lowest is $76 (-4.88%) and the highest is $130 (+62.70%).

Price Target: $100.43 (+25.69%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$76	$100.43	$99	$130
Change	-4.88%	+25.69%	+23.90%	+62.70%

Analyst Ratings

The average analyst rating for Diageo 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	3	3	4	4	3	4
Buy	1	1	0	0	1	1
Hold	3	3	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrea Pistacchi Bank of America Securities	Bank of America Securities	Buy Maintains $104 → $99	Buy	Maintains	$104 → $99	+23.90%	Jun 18, 2026
Olivier Nicolai Goldman Sachs	Goldman Sachs	Hold Maintains $109 → $98	Hold	Maintains	$109 → $98	+22.65%	Apr 15, 2026
Mitch Collett Deutsche Bank	Deutsche Bank	Buy Upgrades n/a	Buy	Upgrades	n/a	n/a	Mar 31, 2026
Robert Moskow TD Cowen	TD Cowen	Hold Maintains $93 → $88	Hold	Maintains	$93 → $88	+10.14%	Mar 3, 2026
Nadine Sarwat Bernstein	Bernstein	Buy Maintains $127	Buy	Maintains	$127	+58.95%	Jan 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

19.62B

from 20.25B

-3.10%

from 20.25B

Revenue Next Year

19.33B

from 19.62B

-1.46%

from 19.62B

EPS This Year

1.61

from 1.64

-1.77%

from 1.64

EPS Next Year

1.60

from 1.61

-0.52%

from 1.61

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jul 1, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	17.59B	20.52B	20.56B	20.27B	20.25B	19.62B
Revenue Growth	20.86%	16.66%	0.19%	-1.39%	-0.12%	-3.10%
Gross Profit	10.63B	12.59B	12.35B	12.27B	12.24B	11.76B
Gross Margin	60.43%	61.38%	60.06%	60.55%	60.43%	59.97%
Operating Income	5.18B	6.39B	6.37B	6.00B	5.73B	5.59B
Net Income	3.67B	4.28B	4.45B	3.87B	2.35B	3.42B
EPS	-	-	-	-	1.64	1.61
EPS Growth	-	-	-	-	-8.65%	-1.77%
Forward PE	-	-	-	-	-	49.69
Dividend / Share	1.00	0.91	0.99	1.03	1.03	0.54
Dividend Growth	-	-9.09%	8.19%	5.00%	-	-48.18%
Free Cash Flow	2.86B	2.20B	855.88M	1.56B	1.69B	3.04B
No. Analysts	-	-	-	-	-	20

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	19.8B
Avg	19.6B
Low	19.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-2.4%
Avg	-3.1%
Low	-4.3%

EPS Forecast

EPS	2026	2027	2028
High	1.69
Avg	1.61
Low	1.51

EPS Growth

EPS Growth	2026	2027	2028
High	3.2%
Avg	-1.8%
Low	-7.6%