Superloop (ASX:SLC): Is the Street Rethinking Its View After FY26?

Sonal Goyal

08 October 2026 04:56 AM AEDT

Superloop (ASX:SLC): Is the Street Rethinking Its View After FY26?

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Highlights

Consensus rating of Buy from 9 analysts: 7 Buy or equivalent, 2 Hold, 0 Sell or equivalent.
Mean price target of A$3.84 against a share price of A$2.50 on 8 October 2026, an implied upside of 53.8%.
Analyst targets range from A$3.40 to A$4.15.
Underlying EBITDA rose 33% to $122.7 million, above the top end of its upgraded guidance range, and free Cash Flow rose 50% to $84.4 million.

Superloop (ASX:SLC) carries a consensus analyst rating of Buy. Of the 9 analyst recommendations recorded, 7 are Buy or equivalent, 2 are Hold and 0 are Sell or equivalent. The mean price target is A$3.84, with targets ranging from A$3.40 to A$4.15, against a current share price of A$2.50 (8 October 2026). Superloop Limited is an Australian telecommunications company serving consumer, Business and wholesale customers, including Smart Communities, with 935,000 customers.

Company name	Superloop
Ticker	(ASX:SLC)
Exchange	ASX (Australian Securities Exchange)
Current share price	A$2.50
Price date	8 October 2026
Number of analysts	9
Rating consensus	Buy
Consensus price target (mean)	A$3.84
Highest target	A$4.15
Lowest target	A$3.40
Implied upside/downside to mean target	Implied upside of 53.8%

Latest developments

Superloop (ASX:SLC) announced its FY26 full year results on 19 August 2026. Underlying EBITDA rose 33% to $122.7 million, above the top end of its upgraded guidance range, and free cash flow rose 50% to $84.4 million. Reported Revenue rose 21.6% to $664.3 million and Gross Profit rose 23.8% to $234.8 million.

The company added 205,000 net new customers, taking the customer base to 935,000. Group nbn Market Share rose 1.9 percentage points to 8.5%, and Smart Communities almost doubled the number of contracted lots to approximately 190,000. Superloop described FY26 as completing its three-year Double Down strategy, and said the integration of the Frontier and Lynham acquisitions into Smart Communities provides a scaled infrastructure platform. It referred to its next phase of growth under SuperCharge29.

Risks and what to watch

Growth in customers and nbn market share depends on a competitive retail broadband market. Smart Communities Earnings rely on converting contracted lots into connections. The company's acquisitions require integration, and underlying EBITDA is a non-statutory measure. Funding for network Investment and acquisitions depends on cash generation.

Next milestones

Items to watch include conversion of the contracted Smart Communities lots, nbn market share, progress under the SuperCharge29 strategy, further acquisitions, and the half-year result.

FAQs

Q: What is the consensus analyst rating for Superloop (ASX:SLC)?

A:The consensus rating is Buy, based on 9 analyst recommendations: 7 Buy or equivalent, 2 Hold and 0 Sell or equivalent.

Q: What are the analyst price targets for Superloop (ASX:SLC)?

A:The mean price target is A$3.84, with a highest target of A$4.15 and a lowest target of A$3.40. The share price on 8 October 2026 was A$2.50.

Q: What did Superloop (ASX:SLC) report for FY26?

A:Superloop reported underlying EBITDA of $122.7 million, free cash flow of $84.4 million, revenue of $664.3 million and a customer base of 935,000.

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