Bharat Heavy Electricals Limited (NSE:BHEL)
433.60
+4.00 (0.93%)
Oct 9, 2026, 3:15 PM IST
Bharat Heavy Electricals Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, Bharat Heavy Electricals stock has a consensus rating of "Hold" and an average price target of ₹398.75. The average 1-year stock price forecast is 8.04% lower than the current stock price, while the lowest is ₹140.00 (-67.71%) and the highest is ₹575.00 (+32.61%).
Price Target: ₹398.75 (-8.04%)
Analyst Consensus: Hold
Price Target
Chart* Price targets were last updated on Aug 18, 2026.
Analyst Ratings
The average analyst rating for Bharat Heavy Electricals stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 6 | 8 | 8 | 8 | 8 |
| Buy | 2 | 3 | 2 | 2 | 2 | 2 |
| Hold | 1 | 2 | 1 | 1 | 1 | 1 |
| Sell | 4 | 4 | 4 | 4 | 4 | 4 |
| Strong Sell | 5 | 5 | 5 | 5 | 5 | 5 |
| Total | 20 | 20 | 20 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains ₹220.00 → ₹270.00 | Sell | Maintains | ₹220.00 → ₹270.00 | -37.73% | Aug 18, 2026 |
Unknown Analyst ICICI Securities No rating | ICICI Securities | Buy Maintains ₹520.00 | Buy | Maintains | ₹520.00 | +19.93% | Jul 18, 2026 |
| J.P. Morgan | J.P. Morgan | Sell Maintains ₹220.00 | Sell | Maintains | ₹220.00 | -49.26% | May 6, 2026 |
| Prabhudas Lilladher | Prabhudas Lilladher | Sell Downgrades ₹321.00 | Sell | Downgrades | ₹321.00 | -25.97% | May 5, 2026 |
Financial Forecast
Revenue This Year
437.11B
from 337.82B
Increased by 29.39%
Revenue Next Year
531.87B
from 437.11B
Increased by 21.68%
EPS This Year
9.34
from 4.53
Increased by 106.22%
EPS Next Year
13.63
from 9.34
Increased by 45.89%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.