HCL Technologies Limited (NSE:HCLTECH)
India flag India · Delayed Price · Currency is INR
1,332.70
-20.00 (-1.48%)
Jul 31, 2026, 9:45 AM IST

HCL Technologies Stock Forecast

Stock Price Forecast

According to 40 analysts polled by S&P Global, HCL Technologies stock has a consensus rating of "Hold" and an average price target of ₹1,266. The average 1-year stock price forecast is 5.03% lower than the current stock price, while the lowest is ₹1,040 (-21.96%) and the highest is ₹1,682 (+26.21%).

Price Target: ₹1,266 (-5.03%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,040₹1,266₹1,277₹1,682
Change-21.96%-5.03%-4.18%+26.21%

Analyst Ratings

The average analyst rating for HCL Technologies stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy10116666
Buy896678
Hold161417171616
Sell448886
Strong Sell334334
Total414141404040

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Sell
Maintains
₹1,060
SellMaintains₹1,060-20.46%Jul 15, 2026
Jefferies
Jefferies
Sell
Maintains
₹1,165₹1,070
SellMaintains₹1,165₹1,070-19.71%Jul 14, 2026
Unknown Analyst
Deven Choksey
No rating
Deven Choksey
Buy
Maintains
₹1,394
BuyMaintains₹1,394+4.60%Jul 14, 2026
ICICI Securities
ICICI Securities
Hold
Maintains
₹1,300₹1,140
HoldMaintains₹1,300₹1,140-14.46%Jul 14, 2026
Unknown Analyst
Axis Direct
No rating
Axis Direct
Buy
Maintains
₹1,860
BuyMaintains₹1,860+39.57%Feb 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
16.02B
from 14.66B
Increased by 9.26%
Revenue Next Year
16.79B
from 16.02B
Increased by 4.80%
EPS This Year
0.82
from 0.72
Increased by 13.28%
EPS Next Year
0.87
from 0.82
Increased by 6.17%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
11.48B12.59B13.27B13.84B14.66B16.02B
Revenue Growth
12.84%9.63%5.44%4.30%5.95%9.26%
Gross Profit
4.41B4.58B4.76B4.84B5.00B5.35B
Gross Margin
38.39%36.37%35.88%34.93%34.08%33.41%
Operating Income
2.17B2.29B2.42B2.53B2.53B2.83B
Net Income
1.81B1.84B1.90B2.04B1.88B2.21B
EPS
----0.720.82
EPS Growth
-----0.12%13.28%
Forward PE
22.2418.2923.9823.6618.6417.05
Dividend / Share
0.420.580.620.630.580.72
Dividend Growth
-38.62%6.78%1.26%-8.87%24.86%
Free Cash Flow
1.71B1.63B2.20B2.15B1.85B2.10B
No. Analysts
-----39
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High16.3B
Avg16.0B
Low15.8B

Revenue Growth

Revenue Growth202720282029
High
11.2%
Avg
9.3%
Low
7.5%

EPS Forecast

EPS202720282029
High0.85
Avg0.82
Low0.78

EPS Growth

EPS Growth202720282029
High
17.9%
Avg
13.3%
Low
8.6%