Newgen Software Technologies Limited (NSE:NEWGEN)
India · Delayed Price · Currency is INR 454.85
+12.40 (2.80%)
Nov 2, 2026, 12:29 PM IST
NSE:NEWGEN Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, NSE:NEWGEN stock has a consensus rating of "Buy" and an average price target of ₹571.00. The average 1-year stock price forecast is 25.54% higher than the current stock price, while the lowest is ₹511.00 (+12.34%) and the highest is ₹620.00 (+36.31%).
Price Target: ₹571.00 (+25.54%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jul '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| ICICI Securities | ICICI Securities | Hold Downgrades ₹490.00 | Hold | Downgrades | ₹490.00 | +7.73% | Oct 28, 2026 |
| Jefferies | Jefferies | Buy Maintains ₹550.00 | Buy | Maintains | ₹550.00 | +20.92% | Oct 26, 2026 |
Financial Forecast
Revenue This Year
17.32B
from 15.74B
Increased by 10.04%
Revenue Next Year
19.66B
from 17.32B
Increased by 13.49%
EPS This Year
26.38
from 23.62
Increased by 11.66%
EPS Next Year
29.35
from 26.38
Increased by 11.28%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.