Ashok Leyland Limited (NSE:ASHOKLEY)
India · Delayed Price · Currency is INR 166.12
+1.77 (1.08%)
Jul 6, 2026, 3:29 PM IST
Ashok Leyland Stock Forecast
Stock Price Forecast
According to 33 analysts polled by S&P Global, Ashok Leyland stock has a consensus rating of "Buy" and an average price target of ₹183.38. The average 1-year stock price forecast is 10.39% higher than the current stock price, while the lowest is ₹155.00 (-6.69%) and the highest is ₹250.00 (+50.49%).
Price Target: ₹183.38 (+10.39%)
Analyst Consensus: Buy
* Price targets were last updated on May 29, 2026.
Analyst Ratings
The average analyst rating for Ashok Leyland stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 13 | 15 | 16 | 14 | 14 |
| Buy | 9 | 8 | 8 | 6 | 7 | 7 |
| Hold | 11 | 12 | 10 | 11 | 12 | 12 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 37 | 35 | 34 | 34 | 33 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains ₹175.00 | Hold | Maintains | ₹175.00 | +5.35% | May 29, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains ₹227.00 | Hold | Maintains | ₹227.00 | +36.65% | Feb 13, 2026 |
Unknown Analyst ICICI Securities No rating | ICICI Securities | Hold Maintains ₹225.00 | Hold | Maintains | ₹225.00 | +35.44% | Feb 12, 2026 |
Unknown Analyst Axis Direct No rating | Axis Direct | Buy Maintains ₹230.00 | Buy | Maintains | ₹230.00 | +38.45% | Feb 12, 2026 |
Financial Forecast
Revenue This Year
476.38B
from 563.62B
Decreased by -15.48%
Revenue Next Year
519.71B
from 476.38B
Increased by 9.10%
EPS This Year
6.93
from 6.51
Increased by 6.48%
EPS Next Year
8.14
from 6.93
Increased by 17.39%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 506.1B | ||
| Avg | 476.4B | ||
| Low | 457.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | -10.2% | ||
| Avg | -15.5% | ||
| Low | -18.9% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 7.60 | ||
| Avg | 6.93 | ||
| Low | 6.32 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 16.8% | ||
| Avg | 6.5% | ||
| Low | -2.9% |