SpiceJet Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, SpiceJet stock has a consensus rating of "Sell" and an average price target of ₹13.15. The average 1-year stock price forecast is 7.17% higher than the current stock price, while the lowest is ₹5.30 (-56.81%) and the highest is ₹21.00 (+71.15%).

Price Target: ₹13.15 (+7.17%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	₹5.30	₹13.15	₹13.15	₹21.00
Change	-56.81%	+7.17%	+7.17%	+71.15%

Analyst Ratings

The average analyst rating for SpiceJet stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jul '25	Sep '25	Nov '25	Jan '26	Feb '26	Apr '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	2	2	2	2	2	2

Financial Forecast

Revenue This Year

48.84B

from 53.26B

-8.29%

from 53.26B

Revenue Next Year

58.42B

from 48.84B

19.61%

from 48.84B

EPS This Year

-11.22

from 0.55

EPS Next Year

-10.33

from -11.22

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026
Revenue	51.71B	66.04B	88.74B	70.85B	53.26B	48.84B
Revenue Growth	-58.21%	27.69%	34.38%	-20.15%	-24.83%	-8.29%
Operating Income	-15.99B	-19.43B	-13.46B	-12.91B	-9.69B	-14.88B
Net Income	-10.30B	-17.44B	-15.13B	-4.23B	627.68M	-12.87B
EPS	-	-	-	-	0.55	-11.22
Free Cash Flow	695.33M	12.85B	9.45B	-3.94B	-21.12B	-2.74B
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2026	2027	2028
High	49.8B
Avg	48.8B
Low	47.9B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-6.5%
Avg	-8.3%
Low	-10.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-11.22
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-