Analysts raise target for Vodacom stock from ZAR 162.15 to ZAR 167.61

Published on 10/20/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target rises from ZAR 162.15 to ZAR 167.61 in an analyst update. Vodacom stock costs EUR 8.55 on October 20, 2026, with results due November 10, 2026.

Analyst view and company scale

Simply Wall St reported a target increase to ZAR 167.61 on October 18, 2026.
Vodacom's quarterly revenue reached ZAR 42.4 billion in the quarter ended June 30, 2026.
Vodacom stock was trading at EUR 8.55 at 1:32 p.m. CEST at Lang & Schwarz on October 20, 2026.
First-half results are scheduled for November 10, 2026.

Vodacom, ZAE000132577, Illustration mit AI erstellt.

Vodacom Group Limited (ISIN ZAE000132577) is facing a higher analyst valuation after the target moved from ZAR 162.15 to ZAR 167.61, according to Simply Wall St in an update dated October 18, 2026. The move gives investors a fresh benchmark while the company prepares its next interim report.

Growth extends beyond South Africa

Vodacom's quarter ended June 30, 2026 delivered group revenue of ZAR 42.4 billion, up 5.9 percent year over year, while service revenue rose 6.3 percent to ZAR 34.3 billion, BusinessDay reported on October 19, 2026. Excluding foreign exchange effects, service revenue growth reached 12.6 percent, showing why international operations and digital services are central to the valuation debate.

Financial services revenue increased 17.8 percent to ZAR 4.5 billion in that quarter. Egypt produced 32.8 percent service revenue growth in local currency, while South African service revenue rose 2 percent, creating a clear contrast within the group.

What does the target imply?

The target increase is modest in absolute terms, but it arrives alongside a broader expansion plan. Vodacom has lifted its Vision 2030 revenue ambition to more than ZAR 300 billion from over ZAR 200 billion previously and raised its medium-term earnings growth outlook to the early teens, according to BusinessDay.

Three dates shape the story

On June 30, 2026, Vodacom completed an additional effective 20 percent Safaricom stake acquisition, taking its holding to 55 percent. On September 15, 2026, a Kenyan court ruling challenged aspects of the transaction. On October 18, 2026, the analyst target moved from ZAR 162.15 to ZAR 167.61, as ShareData and Simply Wall St documented the changing investment picture.

Next reporting date

Vodacom's next scheduled reporting event is its first-half 2027 results on November 10, 2026, according to Simply Wall St. The report should show whether the international and financial-services mix is translating into sustained margin expansion.

Vodacom stock at Lang and Schwarz

Vodacom's investor-relations page says the group serves 230 million customers and operates networks covering a population of 596 million, providing scale behind the growth strategy. The company also identifies connectivity, digital and financial services as core activities in its investor materials at Vodacom. At Lang & Schwarz, the stock was trading at EUR 8.55 on October 20, 2026 at 1:32 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Vodacom stock.