Mahindra & Mahindra Limited (NSE:M&M)
3,137.60
-37.80 (-1.19%)
Jul 3, 2026, 3:30 PM IST
Mahindra & Mahindra Stock Forecast
Stock Price Forecast
According to 34 analysts polled by S&P Global, Mahindra & Mahindra stock has a consensus rating of "Strong Buy" and an average price target of ₹4,112. The average 1-year stock price forecast is 31.04% higher than the current stock price, while the lowest is ₹3,508 (+11.81%) and the highest is ₹4,590 (+46.29%).
Price Target: ₹4,112 (+31.04%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Mahindra & Mahindra stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 23 | 22 | 25 | 25 | 26 |
| Buy | 11 | 11 | 11 | 8 | 8 | 8 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 36 | 35 | 34 | 34 | 34 | 35 |
Financial Forecast
Revenue This Year
1.65T
from 2.02T
Decreased by -18.56%
Revenue Next Year
1.82T
from 1.65T
Increased by 10.86%
EPS This Year
141.10
from 130.38
Increased by 8.22%
EPS Next Year
159.34
from 141.10
Increased by 12.92%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 1.7T | ||
| Avg | 1.6T | ||
| Low | 1.6T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | -14.3% | ||
| Avg | -18.6% | ||
| Low | -22.7% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 152.65 | ||
| Avg | 141.10 | ||
| Low | 126.40 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 17.1% | ||
| Avg | 8.2% | ||
| Low | -3.1% |