Oil and Natural Gas Corporation Limited (NSE:ONGC)
India · Delayed Price · Currency is INR 247.00
+2.82 (1.15%)
Jul 8, 2026, 3:29 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 ₹308.20. The average 1-year stock price forecast is 24.78% higher than the current stock price, while the lowest is ₹230.00 (-6.88%) and the highest is ₹405.00 (+63.97%).
Price Target: ₹308.20 (+24.78%)
Analyst Consensus: Buy
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
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 14 | 15 | 15 | 15 | 15 |
| Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Hold | 7 | 5 | 5 | 6 | 7 | 7 |
| Sell | 2 | 2 | 1 | 1 | 2 | 2 |
| Strong Sell | 4 | 4 | 5 | 4 | 2 | 2 |
| Total | 31 | 29 | 30 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Upgrades ₹270.00 | Hold | Upgrades | ₹270.00 | +9.31% | Jul 1, 2026 |
Unknown Analyst Motilal Oswal No rating | Motilal Oswal | Hold Maintains ₹265.00 | Hold | Maintains | ₹265.00 | +7.29% | Jun 2, 2026 |
| Jefferies | Jefferies | Buy Maintains ₹360.00 → ₹320.00 | Buy | Maintains | ₹360.00 → ₹320.00 | +29.55% | May 28, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains ₹363.00 | Buy | Maintains | ₹363.00 | +46.96% | May 27, 2026 |
| Prabhudas Lilladher | Prabhudas Lilladher | Buy Maintains ₹309.00 → ₹297.00 | Buy | Maintains | ₹309.00 → ₹297.00 | +20.24% | May 27, 2026 |
Financial Forecast
Revenue This Year
7.93T
from 6.62T
Increased by 19.76%
Revenue Next Year
7.58T
from 7.93T
Decreased by -4.45%
EPS This Year
43.38
from 26.15
Increased by 65.90%
EPS Next Year
43.37
from 43.38
Decreased by -0.02%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 9.7T | ||
| Avg | 7.9T | ||
| Low | 6.2T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 45.7% | ||
| Avg | 19.8% | ||
| Low | -6.2% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 54.59 | ||
| Avg | 43.38 | ||
| Low | 36.51 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 108.8% | ||
| Avg | 65.9% | ||
| Low | 39.6% |