Ather Energy Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Ather Energy stock has a consensus rating of "Strong Buy" and an average price target of ₹1,109. The average 1-year stock price forecast is 10.59% higher than the current stock price, while the lowest is ₹990.00 (-1.29%) and the highest is ₹1,450 (+44.58%).

Price Target: ₹1,109 (+10.59%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹990.00	₹1,109	₹1,074	₹1,450
Change	-1.29%	+10.59%	+7.09%	+44.58%

* Price targets were last updated on Apr 13, 2026.

Analyst Ratings

The average analyst rating for Ather Energy stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	4	4	5	6	6	6
Buy	2	2	1	1	1	3
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	7	7	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst IDBI Capital No rating	IDBI Capital	Buy Maintains ₹994.00	Buy	Maintains	₹994.00	-0.89%	Apr 13, 2026

Financial Forecast

Revenue This Year

53.14B

from 36.72B

44.73%

from 36.72B

Revenue Next Year

73.32B

from 53.14B

37.97%

from 53.14B

EPS This Year

-11.43

from -13.85

EPS Next Year

-3.27

from -11.43

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	4.09B	17.84B	17.54B	22.55B	36.72B	53.14B
Revenue Growth	411.91%	336.62%	-1.67%	28.58%	62.83%	44.73%
Gross Profit	169.00M	1.58B	1.22B	3.78B	7.74B	11.74B
Gross Margin	4.14%	8.83%	6.96%	16.77%	21.08%	22.10%
Operating Income	-3.06B	-8.13B	-8.30B	-7.48B	-5.81B	-4.79B
Net Income	-3.44B	-8.65B	-10.60B	-8.12B	-5.17B	-4.56B
EPS	-	-	-	-	-13.85	-11.43
Free Cash Flow	-2.41B	-7.76B	388.75M	-8.15B	-14.71B	-7.74B
No. Analysts	-	-	-	-	-	9

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

Revenue Forecast

Revenue	2027	2028	2029
High	58.6B
Avg	53.1B
Low	45.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	59.7%
Avg	44.7%
Low	23.6%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	-11.43
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	-
Low	-