Indian Oil Corporation Limited (NSE:IOC)
India · Delayed Price · Currency is INR 146.30
+0.88 (0.61%)
Jun 18, 2026, 3:30 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 "Hold" and an average price target of ₹158.00. The average 1-year stock price forecast is 8.00% higher than the current stock price, while the lowest is ₹110.00 (-24.81%) and the highest is ₹203.00 (+38.76%).
Price Target: ₹158.00 (+8.00%)
Analyst Consensus: Hold
* Price targets were last updated on May 20, 2026.
Analyst Ratings
The average analyst rating for Indian Oil Corporation stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 14 | 11 | 10 | 9 | 9 |
| Buy | 5 | 6 | 6 | 7 | 7 | 7 |
| Hold | 5 | 6 | 7 | 7 | 8 | 8 |
| Sell | 4 | 3 | 3 | 4 | 3 | 3 |
| Strong Sell | 2 | 2 | 4 | 3 | 4 | 4 |
| Total | 31 | 31 | 31 | 31 | 31 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹185.00 → ₹175.00 | Buy | Maintains | ₹185.00 → ₹175.00 | +19.62% | May 20, 2026 |
| Goldman Sachs | Goldman Sachs | Sell Downgrades ₹110.00 | Sell | Downgrades | ₹110.00 | -24.81% | Mar 23, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹200.00 | Buy | Maintains | ₹200.00 | +36.71% | Feb 10, 2026 |
Financial Forecast
Revenue This Year
9.20T
from 7.84T
Increased by 17.24%
Revenue Next Year
8.71T
from 9.20T
Decreased by -5.28%
EPS This Year
0.42
from 30.57
Decreased by -98.62%
EPS Next Year
16.12
from 0.42
Increased by 3,718.74%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 10.7T | ||
| Avg | 9.2T | ||
| Low | 7.6T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 35.9% | ||
| Avg | 17.2% | ||
| Low | -3.4% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 9.35 | ||
| Avg | 0.42 | ||
| Low | -13.16 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | -69.4% | ||
| Avg | -98.6% | ||
| Low | - |