Macquarie sets AUD 85.00 target for Wesfarmers stock
Published on 10/12/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Macquarie set an AUD 85.00 price target for Wesfarmers on October 5, 2026.
- Fiscal 2026 revenue rose 3.40 percent to AUD 47.27 billion, while underlying net profit increased 8.30 percent to AUD 2.87 billion.
- Wesfarmers stock was at EUR 48.16 at Lang & Schwarz on October 12, 2026 at 9:53 a.m. CEST.
- The next earnings report is scheduled for February 17, 2027, according to TradingView.
Macquarie set an AUD 85.00 price target for Wesfarmers on October 5, 2026, according to Markets Insider. The Buy rating and target put the analyst view alongside a fiscal 2026 revenue increase of 3.40 percent to AUD 47.27 billion.
Macquarie targets AUD 85.00
The Macquarie target is denominated in Australian dollars and applies to the ASX-listed ordinary shares. The source names the target and Buy rating, while Wesfarmers stock was quoted separately in euros at Lang & Schwarz on October 12, 2026.
For investors, the key distinction is currency: the AUD 85.00 analyst target is not a replacement for the euro quote. It is a separate valuation reference for the company's primary listing.
FY26 growth reaches AUD 47.27 billion
Wesfarmers reported fiscal 2026 revenue of AUD 47.27 billion, up 3.40 percent from AUD 45.70 billion in fiscal 2025, according to Veye. Underlying EBIT increased 7.30 percent to AUD 4.49 billion, while underlying net profit rose 8.30 percent to AUD 2.87 billion.
The earnings mix was uneven but positive. Bunnings earnings increased 5.00 percent, Kmart earnings rose 6.00 percent, and WesCEF earnings climbed 18.50 percent to AUD 473 million in fiscal 2026, according to Veye.
Three dated Wesfarmers events
On August 27, 2026, Wesfarmers published fiscal 2026 results with revenue of AUD 47.27 billion, according to Veye. On September 30, 2026, the company updated its dividend distribution details for a fully franked AUD 1.20 payment, according to Wesfarmers. On October 5, 2026, Macquarie set its AUD 85.00 target and maintained a Buy rating, according to Markets Insider.
What comes next for Wesfarmers?
The next earnings report is scheduled for February 17, 2027, according to TradingView. The company also paid total fiscal 2026 dividends of AUD 2.22 per share, an increase of 7.80 percent, according to The Motley Fool Australia.
The dividend update matters because the payment period ended June 30, 2026, and the final distribution was fully franked. That income profile sits alongside the group's retail and industrial earnings growth, giving the stock two visible valuation anchors before the next results date.
Wesfarmers stock at EUR 48.16
Wesfarmers was trading at EUR 48.16 at Lang & Schwarz on October 12, 2026 at 9:53 a.m. CEST. The quote provides the German-market reference point, while Macquarie's AUD 85.00 target applies to the ASX listing.
The further course of trading is shown by the continuously updated real-time quote of Wesfarmers stock.
Wesfarmers stock facts
- Company: Wesfarmers Limited
- ISIN: AU000000WES1
- Ticker: WES
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 12, 2026, 9:53 a.m. CEST): EUR 48.16
- Market capitalization: AUD 87.8 billion (as of October 12, 2026)
- 52-week range: AUD 70.80-95.18 (as of October 12, 2026)
- Sector / Industry: Consumer Cyclical / Home Improvement
- Index membership: S&P/ASX 200
- Next earnings date: February 17, 2027
Market context: Market report S&P/ASX 200.
