The Telstra Group Ltd (ASX: TLS) share price has fallen 14% since its May 2026 peak, giving investors the chance to invest in the ASX telco share at a cheaper price. But, where do analysts think it will go in the next year?
Could Telstra keep falling to a new 52-week low? Or has the market overreacted and the business could rise from here?
Let's look at what analysts currently predict for the Telstra share price.
Expert views on the ASX telco share
According to CMC Invest, there have been nine ratings on the business within the last three months.
Of those ratings, two were a buy rating, six were a hold rating, and one was a sell rating. So, on average, those nine ratings are largely neutral.
However, the average price target does suggest potential possible gains over the next year.
A price target is where the analyst thinks the share price will be trading in 12 months from the time of the investment call. Of course, a price target is not a guaranteed return, just where analysts think the share price will trade.
According to CMC Invest, the average price target of those nine analysts is $5.06. That implies a possible rise of 5% from where it is at the time of writing.
The most optimistic price target suggests a possible rise of 14% over the next year, while the most negative price target implies a possible decline of 4%.
Can the Telstra share price justify growth?
A key factor to influence whether the ASX telco share can deliver capital growth is what happens with its earnings.
The business has guided that profit could rise in the 2027 financial year.
Telstra has guided that the business could grow its operating profit (EBITDAaL) by between 1.9% to 5.5% to a range of $8.5 billion to $8.8 billion. Meanwhile, cash earnings (EBIT) could rise by between 1.9% to 6.2% to a range of $4.75 billion to $4.95 billion.
Low single-digit growth is not likely to excite the market. However, mid-single-digit earnings growth may be enough to send the Telstra share price higher to the analysts' price target of $5.06 (or more).
According to the projection on CMC Invest and using the current Telstra share price valuation, it's valued at 22 times FY27's estimated earnings, with a potential grossed-up dividend yield of 6.3%, including franking credits.
It may not be the strongest performer within the S&P/ASX 200 Index (ASX: XJO) over the next 12 months, but it could produce a market-beating return through a combination of capital growth and dividends.
However, there may be even better ASX share ideas out there.
The post How much could the Telstra share price rise in the next year? appeared first on The Motley Fool Australia.
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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