Mainfreight stock has NZD 77.14 consensus target from 6 analysts

Mainfreight Limited stock has an average analyst target of NZD 77.14, which is 12.81 percent above the last NZX price of NZD 68.38. Investing.com reported the consensus from six analysts on October 9, 2026. Mainfreight stock was last at NZD 68.38 on October 16, 2026 at 4:00 p.m. NZDT, up 1.45 percent on the NZX versus the prior close.

Revenue grew while profit fell

The latest full-year operating picture is mixed. For the year ended March 31, 2026, revenue reached NZD 5.38 billion, up 2.81 percent from fiscal 2025, while profit before tax fell 8.51 percent to NZD 350.9 million. Net income declined 8.51 percent to NZD 251.0 million. Kurums reported these figures on October 4, 2026.

Stock near its yearly high

Mainfreight's NZX range was NZD 53.11 to NZD 70.46 as of October 16, 2026. The last price stood 2.95 percent below the 52-week high, leaving the stock materially closer to its upper boundary than its low. The market capitalization was NZD 6.9 billion, and the price-to-earnings ratio was 27.35.

November date sets next marker

The next scheduled earnings report is November 12, 2026, according to TradingView. That date gives investors a defined checkpoint for whether revenue growth is translating into a recovery in profit.

Comparison with peers

Mainfreight (NZX, NZD): plus 1.45 percent, P/E 27.35, market capitalization NZD 6.9 billion

DSV A/S (Copenhagen, DKK): plus 3.14 percent, P/E 42.68, market capitalization DKK 294.3 billion

Brambles (ASX, AUD): plus 1.61 percent, P/E 19.73, market capitalization AUD 26.8 billion

Price and valuation frame

Mainfreight's 1.45 percent daily gain was measured against the prior NZX close on October 16, 2026. Its 27.35 price-to-earnings ratio sits between the two comparison companies, while the NZD 77.14 consensus target implies 12.81 percent upside from NZD 68.38.

Mainfreight stock was last at NZD 68.38 on the NZX on October 16, 2026 at 4:00 p.m. NZDT, up 1.45 percent on the day.