Indian Oil Corporation Limited (NSE:IOC)
India · Delayed Price · Currency is INR 129.38
-0.77 (-0.59%)
Oct 29, 2026, 12:27 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 ₹158.84. The average 1-year stock price forecast is 22.77% higher than the current stock price, while the lowest is ₹105.00 (-18.84%) and the highest is ₹230.00 (+77.77%).
Price Target: ₹158.84 (+22.77%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 10 | 10 | 10 |
| Buy | 7 | 6 | 5 | 7 | 7 | 7 |
| Hold | 8 | 8 | 7 | 7 | 7 | 7 |
| Sell | 3 | 5 | 6 | 4 | 4 | 4 |
| Strong Sell | 4 | 3 | 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 | +39.13% | Aug 4, 2026 |
| Goldman Sachs | Goldman Sachs | Sell Maintains ₹110.00 | Sell | Maintains | ₹110.00 | -14.98% | Jul 24, 2026 |
Financial Forecast
Revenue This Year
9.73T
from 7.84T
Increased by 24.02%
Revenue Next Year
9.35T
from 9.73T
Decreased by -3.87%
EPS This Year
11.26
from 30.57
Decreased by -63.17%
EPS Next Year
18.80
from 11.26
Increased by 66.94%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.