Highlights

  • Consensus rating of Hold from 10 analysts: 1 Buy or equivalent, 6 Hold, 3 Sell or equivalent.
  • Mean price target of A$0.69 against a share price of A$0.78 on 8 October 2026, an implied downside of 11.3%.
  • Analyst targets range from A$0.28 to A$0.90.
  • Group Revenue was $1.9 billion, down 1.8% on FY25.

Bapcor (ASX:BAP) carries a consensus analyst rating of Hold. Of the 10 analyst recommendations recorded, 1 is Buy or equivalent, 6 are Hold and 3 are Sell or equivalent. The mean price target is A$0.69, with targets ranging from A$0.28 to A$0.90, against a current share price of A$0.78 (8 October 2026). Bapcor Limited is a vehicle parts, accessories, equipment and services provider with about 900 locations across Australia, New Zealand and Thailand and about 5,200 team members in Australia and New Zealand.

Company name

Bapcor

Ticker

(ASX:BAP)

Exchange

ASX (Australian Securities Exchange)

Current share price

A$0.78

Price date

8 October 2026

Number of analysts

10

Rating consensus

Hold

Consensus price target (mean)

A$0.69

Highest target

A$0.90

Lowest target

A$0.28

Implied upside/downside to mean target

Implied downside of 11.3%

Latest developments

Bapcor (ASX:BAP) published its 2026 Annual Report, covering the year ended 30 June 2026. Group revenue was $1.9 billion, down 1.8% on FY25. Underlying NPAT was $10.8 million, down 85.0%, and the statutory loss after tax was $431.6 million, which includes $442.4 million of post-tax significant items, mainly non-cash Impairment charges. The Board has not declared a Dividend for FY26.

Bapcor completed a $200 million Equity raising to reduce Debt and strengthen its balance sheet, and the report describes a year of operational and financial reset. Cash conversion was 109.4%, and Working Capital initiatives in the second half delivered a $68.5 million Cash Flow benefit. Trade segment revenue fell 1.0%, Networks segment revenue fell 0.6% and Retail revenue fell 2.3%, with second-half like-for-like retail sales and overall sales momentum improving in the final five months of FY26.

Sector context

The company describes the fundamentals of the Australian and New Zealand automotive aftermarket as continuing to evolve, with segment revenue broadly flat to lower in FY26. Its results were affected by financial reporting and Balance Sheet issues addressed through a turnaround program.

Risks and what to watch

The statutory loss of $431.6 million reflects large impairments, and underlying NPAT fell 85.0% to $10.8 million. No dividend was declared for FY26. The company raised $200 million of equity to reduce debt, which diluted existing shareholders. Segment revenue declined across Trade, Networks and Retail, and the consensus data shows a Hold rating.

Next milestones

Items to watch include progress of the turnaround program, second-half sales momentum carrying into FY27, debt reduction following the equity raising, any resumption of dividends, and the half-year result.