• Goldman’s price target $23.40 (20% upside from current $19.40). Morningstar targets $23.49. Morgans targets $25.
• Goldman expects Breville to deliver FY22-24 10.4% sales compound annual growth rate
• Equates to dividend yields of 11.8% in FY22 and 9.3% in FY23
• Goldman expects Breville to deliver FY22-24 10.4% sales compound annual growth rate (CAGR), 14.9% NPAT CAGR with return on invested capital (ROIC) in FY24 of 28.9%.

Breville is banking on coffee to be their breadwinner. In particular the "portioned" and "roast and ground coffee market".

Just for interest sake, Breville and DeLonghi have licensed the Nespresso capsule technology to use in their machines, so essentially the coffee comes out the same, it's just the styling of the machine. There are currently 16 Breville capsule machines being sold ranging from $200 to $1300.

Personal research with their prosumer coffee grinder. Fantastic experience. Much better than SMEG coffee grinder which we returned.