Eicher Motors Limited (NSE:EICHERMOT)
India flag India · Delayed Price · Currency is INR
7,578.50
-46.00 (-0.60%)
Jun 16, 2026, 2:05 PM IST

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 ₹7,824. The average 1-year stock price forecast is 3.24% higher than the current stock price, while the lowest is ₹6,200 (-18.19%) and the highest is ₹8,862 (+16.94%).

Price Target: ₹7,824 (+3.24%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹6,200₹7,824₹7,864₹8,862
Change-18.19%+3.24%+3.77%+16.94%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy91111121616
Buy877888
Hold1312121099
Sell322222
Strong Sell332222
Total363534343737

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹7,700
BuyMaintains₹7,700+1.60%May 25, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
₹7,578
HoldMaintains₹7,578-0.01%Feb 13, 2026
Unknown Analyst
Axis Direct
No rating
Axis Direct
Buy
Maintains
₹8,060
BuyMaintains₹8,060+6.35%Feb 11, 2026
ICICI Securities
ICICI Securities
Buy
Maintains
₹7,850₹9,100
BuyMaintains₹7,850₹9,100+20.08%Feb 11, 2026
Unknown Analyst
Geojit Research
No rating
Geojit Research
Hold
Downgrades
₹6,342₹8,122
HoldDowngrades₹6,342₹8,122+7.17%Jan 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
269.90B
from 234.08B
Increased by 15.30%
Revenue Next Year
307.54B
from 269.90B
Increased by 13.95%
EPS This Year
227.93
from 202.30
Increased by 12.67%
EPS Next Year
265.15
from 227.93
Increased by 16.33%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
101.96B147.21B164.32B187.33B234.08B269.90B
Revenue Growth
17.51%44.38%11.62%14.01%24.95%15.30%
Gross Profit
41.06B63.74B72.96B82.69B103.40B116.03B
Gross Margin
40.28%43.30%44.40%44.14%44.17%42.99%
Operating Income
16.50B32.33B36.63B38.99B49.45B57.22B
Net Income
16.77B29.14B40.01B47.34B55.15B63.00B
EPS
----202.30227.93
EPS Growth
----29.84%12.67%
Forward PE
-----33.25
Dividend / Share
21.0037.0051.0070.0082.0087.69
Dividend Growth
-76.19%37.84%37.25%17.14%6.94%
Free Cash Flow
5.81B19.98B23.88B23.01B31.52B44.79B
No. Analysts
-----30
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High283.1B
Avg269.9B
Low257.6B

Revenue Growth

Revenue Growth202720282029
High
21.0%
Avg
15.3%
Low
10.1%

EPS Forecast

EPS202720282029
High241.70
Avg227.93
Low203.80

EPS Growth

EPS Growth202720282029
High
19.5%
Avg
12.7%
Low
0.7%