JSW Steel Limited (NSE:JSWSTEEL)
1,216.30
+15.90 (1.32%)
Oct 16, 2026, 3:29 PM IST
JSW Steel Stock Forecast
Stock Price Forecast
According to 35 analysts polled by S&P Global, JSW Steel stock has a consensus rating of "Buy" and an average price target of ₹1,384. The average 1-year stock price forecast is 13.75% higher than the current stock price, while the lowest is ₹1,100 (-9.56%) and the highest is ₹1,650 (+35.66%).
Price Target: ₹1,384 (+13.75%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for JSW Steel 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 | 12 | 12 | 13 | 13 | 13 | 13 |
| Buy | 8 | 8 | 8 | 8 | 8 | 8 |
| Hold | 8 | 9 | 8 | 8 | 8 | 8 |
| Sell | 3 | 3 | 3 | 3 | 3 | 4 |
| Strong Sell | 3 | 3 | 3 | 3 | 3 | 2 |
| Total | 34 | 35 | 35 | 35 | 35 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,560 | Buy | Maintains | ₹1,560 | +28.26% | Oct 6, 2026 |
| Jefferies | Jefferies | Buy Maintains ₹1,650 | Buy | Maintains | ₹1,650 | +35.66% | May 19, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains ₹1,490 | Buy | Maintains | ₹1,490 | +22.50% | Apr 27, 2026 |
Financial Forecast
Revenue This Year
2.03T
from 1.85T
Increased by 9.65%
Revenue Next Year
2.20T
from 2.03T
Increased by 8.13%
EPS This Year
62.05
from 29.35
Increased by 111.41%
EPS Next Year
72.95
from 62.05
Increased by 17.56%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.