HCL Technologies Limited (NSE:HCLTECH)
India flag India · Delayed Price · Currency is INR
1,151.00
+5.40 (0.47%)
Jul 9, 2026, 3:30 PM 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 ₹1,310. The average 1-year stock price forecast is 13.80% higher than the current stock price, while the lowest is ₹910.00 (-20.94%) and the highest is ₹1,697 (+47.44%).

Price Target: ₹1,310 (+13.80%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price₹910.00₹1,310₹1,292₹1,697
Change-20.94%+13.80%+12.25%+47.44%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy10116667
Buy896677
Hold161417171615
Sell448888
Strong Sell334333
Total414141404040

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Sell
Downgrades
₹1,000
SellDowngrades₹1,000-13.12%Jun 24, 2026
Jefferies
Jefferies
Sell
Downgrades
₹1,390₹1,165
SellDowngrades₹1,390₹1,165+1.22%Apr 23, 2026
Unknown Analyst
Axis Direct
No rating
Axis Direct
Buy
Maintains
₹1,860
BuyMaintains₹1,860+61.60%Feb 1, 2026
Unknown Analyst
Geojit Research
No rating
Geojit Research
Hold
Maintains
₹1,906
HoldMaintains₹1,906+65.60%Jan 29, 2026
Unknown Analyst
ICICI Securities
No rating
ICICI Securities
Hold
Maintains
₹1,620₹1,650
HoldMaintains₹1,620₹1,650+43.35%Jan 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
15.89B
from 14.66B
Increased by 8.35%
Revenue Next Year
16.70B
from 15.89B
Increased by 5.13%
EPS This Year
0.81
from 0.72
Increased by 12.70%
EPS Next Year
0.87
from 0.81
Increased by 6.47%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
11.48B12.59B13.27B13.84B14.66B15.89B
Revenue Growth
12.84%9.63%5.44%4.30%5.95%8.35%
Gross Profit
4.41B4.58B4.76B4.84B5.00B5.39B
Gross Margin
38.39%36.37%35.88%34.93%34.08%33.93%
Operating Income
2.17B2.29B2.42B2.53B2.53B2.83B
Net Income
1.81B1.84B1.90B2.04B1.88B2.22B
EPS
----0.720.81
EPS Growth
-----0.12%12.70%
Forward PE
22.2418.2923.9823.6618.6414.84
Dividend / Share
0.420.580.620.630.580.72
Dividend Growth
-38.62%6.78%1.26%-8.87%24.52%
Free Cash Flow
1.71B1.63B2.20B2.15B1.85B2.21B
No. Analysts
-----36
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High16.4B
Avg15.9B
Low15.6B

Revenue Growth

Revenue Growth202720282029
High
11.6%
Avg
8.4%
Low
6.3%

EPS Forecast

EPS202720282029
High0.90
Avg0.81
Low0.77

EPS Growth

EPS Growth202720282029
High
24.7%
Avg
12.7%
Low
6.2%