Telstra's Mobile Price Rises Could Lift Forecasts -- Market Talk

Dow Jones03-24

0125 GMT - Telstra's mobile price rises suggest that the consensus forecasts for fiscal 2027 could be too low, Jefferies analyst Roger Samuel reckons. The prepaid and postpaid price rises he has seen flagged on Telstra's website are higher than the average analyst forecast. Samuel estimates that this could lead to the fiscal 2027 consensus forecast for Ebitda rising by 0.7%, and for net profit rising by 2%-3%. This assumes there is no change in subscriber numbers or an increase in customers trading down to lower-value plans, he adds. Jefferies has a hold rating and A$5.40 target price on the stock, which is up 0.1% at A$5.305. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

March 23, 2026 21:25 ET (01:25 GMT)

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