HCL Technologies Limited (NSE:HCLTECH)
India flag India · Delayed Price · Currency is INR
1,421.70
-2.50 (-0.18%)
Oct 22, 2026, 3:29 PM IST

HCL Technologies Stock Forecast

Stock Price Forecast

According to 39 analysts polled by S&P Global, HCL Technologies stock has a consensus rating of "Hold" and an average price target of ₹1,270. The average 1-year stock price forecast is 10.69% lower than the current stock price, while the lowest is ₹1,050 (-26.14%) and the highest is ₹1,530 (+7.62%).

Price Target: ₹1,270 (-10.69%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,050₹1,270₹1,255₹1,530
Change-26.14%-10.69%-11.73%+7.62%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy666556
Buy678888
Hold171616161616
Sell886666
Strong Sell334443
Total404040393939

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Centrum Broking
No rating
Centrum Broking
Buy
Maintains
₹1,515
BuyMaintains₹1,515+6.56%Oct 14, 2026
Jefferies
Jefferies
Hold
Upgrades
₹1,150
HoldUpgrades₹1,150-19.11%Oct 14, 2026
ICICI Securities
ICICI Securities
Hold
Maintains
₹1,140 → ₹1,240
HoldMaintains₹1,140 → ₹1,240-12.78%Oct 13, 2026
J.P. Morgan
J.P. Morgan
Sell
Maintains
₹1,080
SellMaintains₹1,080-24.03%Oct 6, 2026
Unknown Analyst
Deven Choksey
No rating
Deven Choksey
Buy
Maintains
₹1,394
BuyMaintains₹1,394-1.95%Jul 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
16.18B
from 14.66B
Increased by 10.37%
Revenue Next Year
17.03B
from 16.18B
Increased by 5.24%
EPS This Year
0.84
from 0.72
Increased by 15.82%
EPS Next Year
0.88
from 0.84
Increased by 4.93%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
11.48B12.59B13.27B13.84B14.66B16.18B
Revenue Growth
12.84%9.63%5.44%4.30%5.95%10.37%
Gross Profit
4.41B4.58B4.76B4.84B5.00B5.38B
Gross Margin
38.39%36.37%35.88%34.93%34.08%33.25%
Operating Income
2.17B2.29B2.42B2.53B2.53B2.89B
Net Income
1.81B1.84B1.90B2.04B1.88B2.26B
EPS
----0.720.84
EPS Growth
-----0.12%15.82%
Forward PE
22.2418.2923.9823.6618.6417.97
Dividend / Share
0.420.580.620.630.580.71
Dividend Growth
208.49%38.62%6.78%1.26%-8.87%23.69%
Free Cash Flow
----2.09B1.92B
No. Analysts
-----39
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High16.3B
Avg16.2B
Low16.0B

Revenue Growth

Revenue Growth202720282029
High
11.5%
Avg
10.4%
Low
9.3%

EPS Forecast

EPS202720282029
High0.86
Avg0.84
Low0.80

EPS Growth

EPS Growth202720282029
High
19.6%
Avg
15.8%
Low
10.9%