Indian Oil Corporation Limited (NSE:IOC)
135.71
+0.77 (0.57%)
Sep 11, 2026, 3:15 PM IST
Indian Oil Corporation Stock Forecast
Stock Price Forecast
According to 31 analysts polled by S&P Global, Indian Oil Corporation stock has a consensus rating of "Buy" and an average price target of ₹160.00. The average 1-year stock price forecast is 17.90% higher than the current stock price, while the lowest is ₹105.00 (-22.63%) and the highest is ₹230.00 (+69.48%).
Price Target: ₹160.00 (+17.90%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Aug 4, 2026.
Analyst Ratings
The average analyst rating for Indian Oil Corporation stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 9 | 9 | 9 | 10 | 10 |
| Buy | 6 | 7 | 7 | 6 | 5 | 7 |
| Hold | 7 | 7 | 8 | 8 | 7 | 7 |
| Sell | 3 | 4 | 3 | 5 | 6 | 4 |
| Strong Sell | 4 | 4 | 4 | 3 | 3 | 3 |
| Total | 31 | 31 | 31 | 31 | 31 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹175.00 → ₹180.00 | Buy | Maintains | ₹175.00 → ₹180.00 | +32.64% | Aug 4, 2026 |
| Goldman Sachs | Goldman Sachs | Sell Maintains ₹110.00 | Sell | Maintains | ₹110.00 | -18.94% | Jul 24, 2026 |
Financial Forecast
Revenue This Year
9.58T
from 7.84T
Increased by 22.11%
Revenue Next Year
9.29T
from 9.58T
Decreased by -3.03%
EPS This Year
10.91
from 26.72
Decreased by -59.17%
EPS Next Year
18.69
from 10.91
Increased by 71.32%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.