Oil and Natural Gas Corporation Limited (NSE:ONGC)
India flag India · Delayed Price · Currency is INR
241.59
+3.28 (1.38%)
Jul 30, 2026, 3:30 PM IST

NSE:ONGC Stock Forecast

Stock Price Forecast

According to 30 analysts polled by S&P Global, NSE:ONGC stock has a consensus rating of "Buy" and an average price target of ₹305.20. The average 1-year stock price forecast is 26.33% higher than the current stock price, while the lowest is ₹230.00 (-4.80%) and the highest is ₹405.00 (+67.64%).

Price Target: ₹305.20 (+26.33%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹230.00₹305.20₹300.00₹405.00
Change-4.80%+26.33%+24.18%+67.64%

Analyst Ratings

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

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy131415151517
Buy544444
Hold755675
Sell221122
Strong Sell445422
Total312930303030

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Motilal Oswal
Motilal Oswal
Buy
Upgrades
₹265.00₹288.00
BuyUpgrades₹265.00₹288.00+19.21%Jul 3, 2026
Goldman Sachs
Goldman Sachs
Hold
Upgrades
₹270.00
HoldUpgrades₹270.00+11.76%Jul 1, 2026
Jefferies
Jefferies
Buy
Maintains
₹360.00₹320.00
BuyMaintains₹360.00₹320.00+32.46%May 28, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
₹363.00
BuyMaintains₹363.00+50.25%May 27, 2026
Prabhudas Lilladher
Prabhudas Lilladher
Buy
Maintains
₹309.00₹297.00
BuyMaintains₹309.00₹297.00+22.94%May 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
7.98T
from 6.62T
Increased by 20.49%
Revenue Next Year
7.59T
from 7.98T
Decreased by -4.92%
EPS This Year
43.35
from 33.19
Increased by 30.64%
EPS Next Year
43.10
from 43.35
Decreased by -0.58%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
4.91T6.32T6.02T6.63T6.62T7.98T
Revenue Growth
61.67%28.71%-4.86%10.22%-0.12%20.49%
Operating Income
505.30B547.66B716.72B544.40B657.29B687.33B
Net Income
455.22B367.09B491.44B362.26B414.24B526.66B
EPS
----33.1943.35
EPS Growth
----14.88%30.64%
Forward PE
3.672.876.006.377.755.57
Dividend / Share
10.5011.2512.2512.2513.2517.49
Dividend Growth
-7.14%8.89%-8.16%32.00%
Free Cash Flow
236.12B197.12B175.32B72.49B295.88B622.42B
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High9.7T
Avg8.0T
Low6.4T

Revenue Growth

Revenue Growth202720282029
High
45.7%
Avg
20.5%
Low
-3.4%

EPS Forecast

EPS202720282029
High54.59
Avg43.35
Low36.51

EPS Growth

EPS Growth202720282029
High
64.5%
Avg
30.6%
Low
10.0%