Larsen & Toubro Limited (NSE:LT)
4,218.00
+8.60 (0.20%)
Jun 22, 2026, 10:40 AM IST
Larsen & Toubro Stock Forecast
Stock Price Forecast
According to 32 analysts polled by S&P Global, Larsen & Toubro stock has a consensus rating of "Buy" and an average price target of ₹4,514. The average 1-year stock price forecast is 7.01% higher than the current stock price, while the lowest is ₹3,600 (-14.65%) and the highest is ₹5,060 (+19.96%).
Price Target: ₹4,514 (+7.01%)
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2026.
Analyst Ratings
The average analyst rating for Larsen & Toubro 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 | 20 | 19 | 20 | 19 | 19 | 19 |
| Buy | 8 | 7 | 7 | 6 | 6 | 6 |
| Hold | 2 | 2 | 2 | 3 | 5 | 5 |
| Sell | 2 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 33 | 31 | 31 | 30 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹4,885 | Buy | Maintains | ₹4,885 | +15.81% | May 8, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹4,570 | Buy | Maintains | ₹4,570 | +8.35% | Mar 25, 2026 |
| Motilal Oswal | Motilal Oswal | Buy Maintains ₹4,600 → ₹4,400 | Buy | Maintains | ₹4,600 → ₹4,400 | +4.31% | Mar 5, 2026 |
| Geojit Research | Geojit Research | Buy Reiterates ₹4,409 → ₹4,560 | Buy | Reiterates | ₹4,409 → ₹4,560 | +8.11% | Feb 2, 2026 |
| ICICI Securities | ICICI Securities | Buy Maintains ₹5,020 → ₹5,030 | Buy | Maintains | ₹5,020 → ₹5,030 | +19.25% | Jan 30, 2026 |
Financial Forecast
Revenue This Year
3.22T
from 2.92T
Increased by 10.59%
Revenue Next Year
3.75T
from 3.22T
Increased by 16.16%
EPS This Year
150.90
from 125.27
Increased by 20.46%
EPS Next Year
183.45
from 150.90
Increased by 21.57%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 3.6T | ||
| Avg | 3.2T | ||
| Low | 3.1T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 23.6% | ||
| Avg | 10.6% | ||
| Low | 6.1% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 197.60 | ||
| Avg | 150.90 | ||
| Low | 130.30 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 57.7% | ||
| Avg | 20.5% | ||
| Low | 4.0% |