Key Highlights

  • Harvey Norman Holdings (ASX:HVN) was priced at AUD 4.06, compared with a mean analyst target of AUD 4.48667.
  • The mean target represents 10.51% implied upside, while the consensus recommendation is Hold.
  • Analyst targets range from AUD 3.90 to AUD 5.20 across 12 analysts.
  • The supplied data also points to a 14-day RSI of 36.26, with the 20-day SMA below the 50-day SMA.

Harvey Norman Holdings (ASX:HVN) combines franchising, retail, property and digital operations across several markets. At AUD 4.06 per share on 8 October 2026, the stock sits below the mean analyst target of AUD 4.48667, which equates to 10.51% implied upside. The overall recommendation is Hold, with published targets spanning AUD 3.90 to AUD 5.20. The current dataset also shows a 12.45% decline over three months, placing the analyst view alongside a softer recent market-price trend.

Company

Harvey Norman Holdings Ltd

Ticker

HVN

Exchange

ASX

Current share price

AUD 4.06

Price date

8 October 2026

Consensus analyst price target

AUD 4.48667

Highest target

AUD 5.20

Lowest target

AUD 3.90

Number of analysts

12

Rating consensus

Hold

Implied upside/downside

10.51% upside

Research date

8 October 2026

Company Business

Harvey Norman Holdings Limited is engaged in franchising, omni-channel retailing, property Investment and digital system activities. Its retail operations cover furniture, bedding, computers, communications and consumer electrical products across New Zealand, Singapore, Malaysia, Slovenia, Ireland, Croatia and the United Kingdom. The group also owns and leases retail properties, including premises used by Harvey Norman, Domayne and Joyce Mayne franchisees, and has property development and investment activities alongside its retail operations.

For Harvey Norman Holdings (ASX:HVN), this mix means operating conditions can differ across retail markets and property activities. Consumer demand, Franchisee performance, property values, financing conditions and international trading conditions can each influence the wider Business in different ways.

Analyst Views and Valuation

The Hold consensus for Harvey Norman Holdings (ASX:HVN) is based on 12 analysts. The mean target of AUD 4.48667 is 10.51% above the AUD 4.06 reference price. The highest target is AUD 5.20 and the lowest is AUD 3.90, showing a relatively broad valuation range around the current market price.

The recommendation distribution comprises 0 Strong Buy, 2 Buy, 6 Hold, 3 Sell and 1 Strong Sell. This spread shows that analyst views are mixed despite the overall Hold label. Price targets remain estimates and can change as Earnings expectations, operating conditions and valuation assumptions are revised.

Technical and Market Context

The supplied Market Indicators show a 14-day RSI of 36.26, an MACD Line 2 reading of 0.01 and a Parabolic SAR of AUD 3.93. The 20-day simple Moving Average is AUD 4.15, compared with AUD 4.43 for the 50-day average. The positive DMI reading is 0.18, while the negative DMI reading is 0.34685591. These measures describe recent market behaviour rather than future price direction.

Risks to Consider

Retail Demand can be affected by household budgets, interest rates, employment conditions and discretionary spending. Harvey Norman also has exposure to property investment and multiple overseas markets, which adds sensitivity to property conditions, currency movements and region-specific trading trends. The analyst target range itself highlights uncertainty around valuation assumptions.

What to Watch Next

The next expected reporting date in the dataset is 25 February 2027. Investors following ASX:HVN can compare subsequent operating disclosures with the current analyst assumptions, including the AUD 4.48667 mean target and FY1 EPS mean estimate of AUD 0.33. Changes in recommendation distribution, target prices or earnings expectations would provide updated context for the current Hold consensus.