Eicher Motors Limited (NSE:EICHERMOT)

Eicher Motors Stock Forecast

Stock Price Forecast

According to 37 analysts polled by S&P Global, Eicher Motors stock has a consensus rating of "Buy" and an average price target of ₹7,957. The average 1-year stock price forecast is 5.84% higher than the current stock price, while the lowest is ₹6,200 (-17.53%) and the highest is ₹9,100 (+21.04%).

Price Target: ₹7,957 (+5.84%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	₹6,200	₹7,957	₹7,914	₹9,100
Change	-17.53%	+5.84%	+5.27%	+21.04%

* Price targets were last updated on May 25, 2026.

Analyst Ratings

The average analyst rating for Eicher Motors stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	11	11	12	16	16	16
Buy	7	7	8	8	8	9
Hold	12	12	10	9	9	9
Sell	2	2	2	2	2	2
Strong Sell	3	2	2	2	2	1
Total	35	34	34	37	37	37

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Amyn Pirani J.P. Morgan	J.P. Morgan	Buy Maintains ₹7,700	Buy	Maintains	₹7,700	+2.42%	May 25, 2026
Andrew Percoco Morgan Stanley	Morgan Stanley	Hold Maintains ₹7,578	Hold	Maintains	₹7,578	+0.80%	Feb 13, 2026
Unknown Analyst Axis Direct No rating	Axis Direct	Buy Maintains ₹8,060	Buy	Maintains	₹8,060	+7.21%	Feb 11, 2026
Shashank Kanodia ICICI Securities	ICICI Securities	Buy Maintains ₹7,850 → ₹9,100	Buy	Maintains	₹7,850 → ₹9,100	+21.04%	Feb 11, 2026
Unknown Analyst Geojit Research No rating	Geojit Research	Hold Downgrades ₹6,342 → ₹8,122	Hold	Downgrades	₹6,342 → ₹8,122	+8.03%	Jan 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

272.69B

Increased by 16.49%

from 234.08B

Revenue Next Year

311.25B

Increased by 14.14%

from 272.69B

EPS This Year

228.92

Increased by 13.16%

from 202.30

EPS Next Year

266.62

Increased by 16.47%

from 228.92

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	101.96B	147.21B	164.32B	187.33B	234.08B	272.69B
Revenue Growth	17.51%	44.38%	11.62%	14.01%	24.95%	16.49%
Gross Profit	41.06B	63.74B	72.96B	82.69B	103.40B	113.23B
Gross Margin	40.28%	43.30%	44.40%	44.14%	44.17%	41.53%
Operating Income	16.50B	32.33B	36.63B	38.99B	49.45B	57.57B
Net Income	16.77B	29.14B	40.01B	47.34B	55.15B	57.30B
EPS	-	-	-	-	202.30	228.92
EPS Growth	-	-	-	-	17.36%	13.16%
Forward PE	-	-	-	-	-	32.84
Dividend / Share	21.00	37.00	51.00	70.00	82.00	87.48
Dividend Growth	-	76.19%	37.84%	37.25%	17.14%	6.68%
Free Cash Flow	5.81B	19.98B	23.88B	23.01B	31.52B	60.65B
No. Analysts	-	-	-	-	-	28

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	291.1B
Avg	272.7B
Low	257.6B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	24.4%
Avg	16.5%
Low	10.1%

EPS Forecast

Chart

EPS	2027	2028	2029
High	249.30
Avg	228.92
Low	202.40

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	23.2%
Avg	13.2%
Low	0.1%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: May 25, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

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