Indian Oil Corporation Limited (NSE:IOC)
131.34
-3.59 (-2.66%)
Oct 1, 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 ₹159.84. The average 1-year stock price forecast is 21.70% higher than the current stock price, while the lowest is ₹105.00 (-20.05%) and the highest is ₹230.00 (+75.12%).
Price Target: ₹159.84 (+21.70%)
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 10 | 10 | 10 |
| Buy | 7 | 7 | 6 | 5 | 7 | 7 |
| Hold | 7 | 8 | 8 | 7 | 7 | 7 |
| Sell | 4 | 3 | 5 | 6 | 4 | 4 |
| Strong Sell | 4 | 4 | 3 | 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 | +37.05% | Aug 4, 2026 |
| Goldman Sachs | Goldman Sachs | Sell Maintains ₹110.00 | Sell | Maintains | ₹110.00 | -16.25% | Jul 24, 2026 |
Financial Forecast
Revenue This Year
9.27T
from 7.84T
Increased by 18.12%
Revenue Next Year
8.97T
from 9.27T
Decreased by -3.19%
EPS This Year
5.00
from 26.72
Decreased by -81.27%
EPS Next Year
16.65
from 5.00
Increased by 232.70%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.