NSE:NEWGEN Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, NSE:NEWGEN stock has a consensus rating of "Buy" and an average price target of ₹712.86. The average 1-year stock price forecast is 46.08% higher than the current stock price, while the lowest is ₹530.00 (+8.61%) and the highest is ₹1,125 (+130.53%).

Price Target: ₹712.86 (+46.08%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹530.00	₹712.86	₹610.00	₹1,125
Change	+8.61%	+46.08%	+25.00%	+130.53%

* Price targets were last updated on May 1, 2026.

Analyst Ratings

The average analyst rating for NSE:NEWGEN stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Jan '26	Mar '26	Apr '26	May '26
Strong Buy	2	3	4	4	4	5
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	5	6	6	6	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Akshat Agarwal Jefferies	Jefferies	Buy Maintains ₹610.00	Buy	Maintains	₹610.00	+25.00%	May 1, 2026
Bhupendra Tiwary ICICI Securities	ICICI Securities	Buy Maintains ₹1,180 → ₹770.00	Buy	Maintains	₹1,180 → ₹770.00	+57.79%	Jan 22, 2026

Financial Forecast

Revenue This Year

17.47B

from 15.74B

10.99%

from 15.74B

Revenue Next Year

20.07B

from 17.47B

14.87%

from 17.47B

EPS This Year

26.13

from 23.62

10.61%

from 23.62

EPS Next Year

30.22

from 26.13

15.67%

from 26.13

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	7.79B	9.74B	12.44B	14.87B	15.74B	17.47B
Revenue Growth	15.81%	25.04%	27.71%	19.54%	5.89%	10.99%
Gross Profit	3.70B	4.58B	6.16B	7.46B	8.32B	9.15B
Gross Margin	47.49%	47.03%	49.49%	50.16%	52.85%	52.38%
Operating Income	1.77B	1.90B	2.60B	3.44B	3.69B	4.02B
Net Income	1.64B	1.77B	2.52B	3.15B	3.01B	3.61B
EPS	-	-	-	-	23.62	26.13
EPS Growth	-	-	-	-	15.96%	10.61%
Forward PE	19.82	16.98	38.20	38.19	15.00	18.68
Dividend / Share	2.25	2.50	4.00	5.00	6.00	6.68
Dividend Growth	-	11.11%	60.00%	25.00%	20.00%	11.39%
Free Cash Flow	899.24M	836.75M	2.03B	1.42B	1.91B	2.93B
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	17.9B
Avg	17.5B
Low	17.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	13.6%
Avg	11.0%
Low	9.6%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	26.13
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	10.6%
Low	-