JSW Steel Limited (NSE:JSWSTEEL)
1,231.30
+0.10 (0.01%)
Jun 25, 2026, 3:30 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 ₹1,371. The average 1-year stock price forecast is 11.37% higher than the current stock price, while the lowest is ₹1,090 (-11.48%) and the highest is ₹1,650 (+34.00%).
Price Target: ₹1,371 (+11.37%)
Analyst Consensus: Buy
* Price targets were last updated on May 19, 2026.
Analyst 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 11 | 11 | 13 | 12 | 12 |
| Buy | 7 | 8 | 8 | 8 | 8 | 8 |
| Hold | 6 | 7 | 7 | 7 | 8 | 8 |
| Sell | 5 | 4 | 2 | 2 | 3 | 3 |
| Strong Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Total | 33 | 33 | 31 | 33 | 34 | 34 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹1,650 | Buy | Maintains | ₹1,650 | +34.00% | May 19, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,415 | Buy | Maintains | ₹1,415 | +14.92% | May 18, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains ₹1,490 | Buy | Maintains | ₹1,490 | +21.01% | Apr 27, 2026 |
Unknown Analyst IDBI Capital No rating | IDBI Capital | Hold Maintains ₹1,115 | Hold | Maintains | ₹1,115 | -9.45% | Jan 27, 2026 |
| ICICI Securities | ICICI Securities | Hold Maintains ₹1,280 → ₹1,300 | Hold | Maintains | ₹1,280 → ₹1,300 | +5.58% | Jan 25, 2026 |
Financial Forecast
Revenue This Year
2.00T
from 1.85T
Increased by 7.84%
Revenue Next Year
2.18T
from 2.00T
Increased by 8.82%
EPS This Year
60.96
from 29.35
Increased by 107.70%
EPS Next Year
71.87
from 60.96
Increased by 17.89%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.3T | ||
| Avg | 2.0T | ||
| Low | 1.7T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 23.2% | ||
| Avg | 7.8% | ||
| Low | -5.8% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 92.50 | ||
| Avg | 60.96 | ||
| Low | 40.00 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 215.2% | ||
| Avg | 107.7% | ||
| Low | 36.3% |