Eicher Motors Limited (NSE:EICHERMOT)
India flag India · Delayed Price · Currency is INR
7,268.50
+43.50 (0.60%)
Oct 16, 2026, 11:40 AM 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 ₹8,298. The average 1-year stock price forecast is 14.16% higher than the current stock price, while the lowest is ₹6,900 (-5.07%) and the highest is ₹9,665 (+32.97%).

Price Target: ₹8,298 (+14.16%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹6,900₹8,298₹8,441₹9,665
Change-5.07%+14.16%+16.13%+32.97%
* 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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy161615151415
Buy881010109
Hold9910101010
Sell222222
Strong Sell221111
Total373738383737

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
ICICI Securities
ICICI Securities
Buy
Maintains
₹9,160
BuyMaintains₹9,160+26.02%Jul 31, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹8,420
BuyMaintains₹8,420+15.84%Jul 30, 2026

Financial Forecast

Revenue This Year
281.80B
from 232.78B
Increased by 21.06%
Revenue Next Year
321.85B
from 281.80B
Increased by 14.21%
EPS This Year
212.76
from 202.30
Increased by 5.17%
EPS Next Year
271.80
from 212.76
Increased by 27.75%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
101.96B147.21B164.32B187.33B232.78B281.80B
Revenue Growth
17.51%44.38%11.62%14.01%24.26%21.06%
Gross Profit
41.06B63.74B72.96B82.69B99.98B121.66B
Gross Margin
40.28%43.30%44.40%44.14%42.95%43.17%
Operating Income
16.50B32.33B36.63B38.99B48.40B58.21B
Net Income
16.77B29.14B40.01B47.34B55.15B63.79B
EPS
----202.30212.76
EPS Growth
----29.84%5.17%
Forward PE
-----34.16
Dividend / Share
21.0037.0051.0070.0082.0087.24
Dividend Growth
23.53%76.19%37.84%37.26%17.14%6.39%
Free Cash Flow
----34.53B46.09B
No. Analysts
-----28
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High299.2B
Avg281.8B
Low262.1B

Revenue Growth

Revenue Growth202720282029
High
28.5%
Avg
21.1%
Low
12.6%

EPS Forecast

EPS202720282029
High254.20
Avg212.76
Low194.60

EPS Growth

EPS Growth202720282029
High
25.7%
Avg
5.2%
Low
-3.8%