Eicher Motors Limited (NSE:EICHERMOT)
India flag India · Delayed Price · Currency is INR
7,669.50
-43.50 (-0.56%)
Nov 6, 2026, 3:29 PM IST

Eicher Motors Stock Forecast

Stock Price Forecast

According to 38 analysts polled by S&P Global, Eicher Motors stock has a consensus rating of "Buy" and an average price target of ₹8,339. The average 1-year stock price forecast is 8.73% higher than the current stock price, while the lowest is ₹6,900 (-10.03%) and the highest is ₹9,665 (+26.02%).

Price Target: ₹8,339 (+8.73%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹6,900₹8,339₹8,453₹9,665
Change-10.03%+8.73%+10.22%+26.02%
* Price targets were last updated on Jul 31, 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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy161515141717
Buy810101099
Hold910101099
Sell222222
Strong Sell211111
Total373838373838

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
ICICI Securities
ICICI Securities
Buy
Maintains
₹9,160
BuyMaintains₹9,160+19.43%Jul 31, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹8,420
BuyMaintains₹8,420+9.79%Jul 30, 2026

Financial Forecast

Revenue This Year
283.01B
from 232.78B
Increased by 21.58%
Revenue Next Year
323.57B
from 283.01B
Increased by 14.33%
EPS This Year
232.81
from 184.99
Increased by 25.85%
EPS Next Year
273.19
from 232.81
Increased by 17.34%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
101.96B147.21B164.32B187.33B232.78B283.01B
Revenue Growth
17.51%44.38%11.62%14.01%24.26%21.58%
Gross Profit
41.06B63.74B72.96B82.69B99.98B121.09B
Gross Margin
40.28%43.30%44.40%44.14%42.95%42.79%
Operating Income
16.50B32.33B36.63B38.99B48.40B58.39B
Net Income
16.77B29.14B40.01B47.34B55.15B63.96B
EPS
----184.99232.81
EPS Growth
----18.74%25.85%
Forward PE
-----32.94
Dividend / Share
21.0037.0051.0070.0082.0088.81
Dividend Growth
23.53%76.19%37.84%37.26%17.14%8.31%
Free Cash Flow
----35.30B43.96B
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High299.2B
Avg283.0B
Low262.1B

Revenue Growth

Revenue Growth202720282029
High
28.5%
Avg
21.6%
Low
12.6%

EPS Forecast

EPS202720282029
High254.20
Avg232.81
Low219.73

EPS Growth

EPS Growth202720282029
High
37.4%
Avg
25.8%
Low
18.8%