60/100BBritish American Tobacco stock forecast 2026–2029What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for British American Tobacco is 68.10, 11.6% above the current price of 61.03. Their targets range from 68.10 to 68.10.
Of the 18 firms that rated British American Tobacco in the past 12 months, 12 rate it buy or strong buy, 4 hold and 2 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 68.10 to 68.10, with an average of 68.10.
| Buy | 12 | |
| Hold | 4 | |
| Sell | 2 |
12-month price target
| Highest target | 68.10 |
| Average target | 68.10 |
| Lowest target | 68.10 |
| Current price | 61.03 |
British American Tobacco price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their British American Tobacco price target and rating?
How analysts rate British American Tobacco, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
1 of 1 firms rate it buy now, against 2 of 2 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
British American Tobacco analyst upgrades, downgrades and price targets
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 7 Sept 2026 | Morgan Stanley | — | 68.10 | — | 55.35 |
British American Tobacco EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Revenue
EPS
Does British American Tobacco beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 5.1% off the result, either way, and their revenue estimate 1.6%, over the last 12 quarters.
- EPS beats
- 19 / 37
- Revenue beats
- 13 / 24
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +4.1%
- Since
- September 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| H1 FY2026 | 30 Jul 2026 | 2.21 | 2.25 | +1.8% | 16.42B | 16.43B | +0.0% |
| H2 FY2025 | 12 Feb 2026 | 2.50 | 2.55 | +2.0% | 17.83B | 18.43B | +3.4% |
| H1 FY2025 | 31 Jul 2025 | 2.24 | 2.79 | +24.6% | 16.24B | 16.45B | +1.3% |
| H2 FY2024 | 13 Feb 2025 | 2.44 | 2.50 | +2.5% | 17.74B | 17.74B | 0.0% |
| H1 FY2024 | 25 Jul 2024 | 2.19 | 2.55 | +16.4% | 16.22B | 15.62B | -3.7% |
| H2 FY2023 | 8 Feb 2024 | 2.49 | 2.45 | -1.6% | 18.85B | 19.43B | +3.1% |
| H1 FY2023 | 26 Jul 2023 | 2.24 | 2.35 | +4.9% | 17.13B | 17.02B | -0.7% |
| H2 FY2022 | 9 Feb 2023 | 2.46 | 2.46 | 0.0% | 18.68B | 17.86B | -4.4% |
| H1 FY2022 | 27 Jul 2022 | 2.04 | 2.01 | -1.5% | 15.74B | 15.62B | -0.8% |
| H2 FY2021 | 11 Feb 2022 | 2.44 | 2.37 | -2.9% | 18.34B | 18.22B | -0.6% |
| H1 FY2021 | 28 Jul 2021 | 2.13 | 2.14 | +0.5% | 16.90B | 16.82B | -0.4% |
| H2 FY2020 | 17 Feb 2021 | 2.35 | 2.41 | +2.6% | 18.14B | 18.37B | +1.3% |
British American Tobacco stock price 2026–2029: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If British American Tobacco's earnings keep growing at the -1.9% a year analysts expect to FY2027, it would earn about 4.95 a share in FY2029. At the P/E it has traded at over the last five years (9.3 to 21.2) that is 46.07 to 104.87 a share, or 68.79 at its average P/E of 13.9. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 4.78 | 44.47 | 66.41 | 101.24 |
| FY2027 | 5.14 | 47.85 | 71.45 | 108.92 |
| FY2028 (extrapolated) | 5.04 | 46.95 | 70.11 | 106.88 |
| FY2029 (extrapolated) | 4.95 | 46.07 | 68.79 | 104.87 |
Each year's EPS is the analysts' consensus to FY2027; the years after grow -1.9% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (9.3, 13.9, 21.2).
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 64.525 | 127.9762Price 64.53185 | +98.3% | |
| 28.410 | 56.3234Price 28.4196 | +98.2% | |
| 153.725 | 297.58169Price 153.73471 | +93.6% | |
| 243.002 | 464.71205Price 243.00627 | +91.2% | |
| 160.085 | 305.52160Price 160.09396 | +90.8% | |
| 37.565 | 71.4258Price 37.57193 | +90.1% | |
| 160.240 | 300.28225Price 160.24375 | +87.4% |
Furthest below the fair value on each stock's page, updated every day.