Mainfreight stock fell 1.08 percent as annual profit declined

Published on 10/07/2026 at 07:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mainfreight stock generated NZD 5,383.52 million in fiscal 2026, up 2.81 percent from fiscal 2025. Six analysts set a Strong Buy consensus with a NZD 77.14 average target.

MFT, NZMFTE0001S9, Illustration mit AI erstellt.

Mainfreight (ISIN NZMFTE0001S9) stock was last at NZD 64.30 on October 7, 2026 at 5:00 p.m. NZDT, down 1.08 percent on the NZX. The market signal comes as the logistics group enters the next reporting phase with fiscal 2026 revenue growth but lower net income.

Revenue rose, profit fell

According to Investing.com UK, Mainfreight reported NZD 5,383.52 million of revenue for the fiscal year ended March 31, 2026, compared with NZD 5,236.44 million in fiscal 2025. That represents growth of 2.81 percent.

The same annual statement shows net income of NZD 251.00 million for fiscal 2026 versus NZD 274.34 million a year earlier, a decline of 8.51 percent. The contrast matters for shareholders because revenue expansion did not translate into higher bottom-line earnings.

Consensus targets NZD 77.14

Investing.com UK lists a Strong Buy consensus from 6 analysts, with 5 Buy ratings, 1 Hold rating and 0 Sell ratings. The average 12-month target is NZD 77.14, with a high of NZD 86.00 and a low of NZD 66.00.

Against the NZD 64.30 price, the average target lies 19.97 percent above the stock. The low target is only NZD 1.70 above the latest price, making the range of analyst views relevant alongside the weaker net income result.

Next results date is November 12

Yahoo Finance lists November 12, 2026 as Mainfreight's next earnings date. The company also said on September 29, 2026 that the New Zealand India Free Trade Agreement will come into force on October 20, 2026, creating new opportunities for importers and exporters, according to Mainfreight.

Stock sits below yearly high

Mainfreight's market capitalization is NZD 6.5 billion, with 79,954 shares traded on October 7, 2026. The NZD 64.30 price stands 8.74 percent below the 52-week high of NZD 70.46 and above the low of NZD 53.11, leaving the upcoming earnings date as the next clearly dated checkpoint.