Spark New Zealand stock trades at NZD 1.98 as FY27 guidance takes shape
Published on 10/07/2026 at 05:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Spark New Zealand (ISIN NZTELE0001S4) was trading at NZD 1.98 on the NZX at 3:49 p.m. NZST on October 7, 2026, equal to its prior close. The central investor reference is FY27 guidance for adjusted EBITDAI of NZD 1,010 million to NZD 1,080 million and free cash flow of NZD 300 million to NZD 350 million, as reported by Kapitales Research.
FY26 shows the strategic tradeoff
For the 12 months ended June 30, 2026, reported revenue increased 6.0 percent to NZD 3,949 million. Adjusted revenue stayed at NZD 3,700 million, while adjusted EBITDAI declined 2.4 percent to NZD 1,035 million, according to Kapitales Research.
The contrast matters because Spark is exchanging portfolio simplification for near-term operating pressure. Free cash flow increased 18.5 percent to NZD 308 million, while total mobile revenue rose 4.4 percent to NZD 1,517 million in FY26.
Mobile growth offsets weaker units
Mobile service revenue increased 1.1 percent to NZD 998 million, but broadband revenue declined 2.0 percent to NZD 596 million and IT services revenue fell 10.3 percent to NZD 104 million. The figures show where management needs execution to convert connectivity momentum into group earnings.
The company also set FY27 business-as-usual capital expenditure at NZD 350 million to NZD 380 million and targeted a dividend range of NZD 0.16 to NZD 0.18 per share. The guidance keeps cash generation and capital discipline alongside the EBITDAI range as the key checkpoints.
Consensus target stays above the quote
MarketScreener lists an Outperform consensus from 8 analysts, with an average target of NZD 2.601, a high target of NZD 3.600 and a low target of NZD 1.900. The average target lies 31.4 percent above the NZD 1.98 price, making the dispersion between NZD 1.900 and NZD 3.600 more important than the label alone.
The next dated corporate checkpoint is Spark's annual meeting on November 6, 2026, according to Simply Wall St. The meeting follows the FY26 results released for the period ended June 30, 2026, and arrives while the company is reviewing its Digital Services division.
Trading range keeps the test visible
Spark New Zealand's NZD 1.98 price on the NZX sits between its 52-week range of NZD 1.77 to NZD 2.46 as of October 7, 2026. Market capitalization was NZD 3.7 billion and trading volume was 1,020,485 shares at the same timestamp.
Spark New Zealand stock facts
- Company: Spark New Zealand Limited
- ISIN: NZTELE0001S4
- Ticker: SPK
- Trading venue: NZX
- Price (as of October 7, 2026, 3:49 p.m. NZST): NZD 1.98
- Market capitalization: NZD 3.7 billion (as of October 7, 2026)
- 52-week range: NZD 1.77-NZD 2.46 (as of October 7, 2026)
- Sector / Industry: Communication Services / Integrated Telecommunications Services
