Oil and Natural Gas Corporation Limited (NSE:ONGC)
India flag India · Delayed Price · Currency is INR
222.37
-3.43 (-1.52%)
Oct 1, 2026, 3:15 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 ₹294.53. The average 1-year stock price forecast is 32.45% higher than the current stock price, while the lowest is ₹210.00 (-5.56%) and the highest is ₹405.00 (+82.13%).

Price Target: ₹294.53 (+32.45%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹210.00₹294.53₹292.50₹405.00
Change-5.56%+32.45%+31.54%+82.13%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy151515171818
Buy444444
Hold567544
Sell112233
Strong Sell542211
Total303030303030

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Maintains
₹331.00
BuyMaintains₹331.00+48.85%Sep 24, 2026
Jefferies
Jefferies
Buy
Maintains
₹320.00 → ₹310.00
BuyMaintains₹320.00 → ₹310.00+39.41%Aug 6, 2026
Motilal Oswal
Motilal Oswal
Buy
Maintains
₹288.00 → ₹290.00
BuyMaintains₹288.00 → ₹290.00+30.41%Aug 5, 2026
Goldman Sachs
Goldman Sachs
Hold
Upgrades
₹270.00
HoldUpgrades₹270.00+21.42%Jul 1, 2026
Prabhudas Lilladher
Prabhudas Lilladher
Buy
Maintains
₹309.00 → ₹297.00
BuyMaintains₹309.00 → ₹297.00+33.56%May 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.01T
from 6.09T
Increased by 31.61%
Revenue Next Year
7.62T
from 8.01T
Decreased by -4.93%
EPS This Year
42.90
from 26.15
Increased by 64.06%
EPS Next Year
41.53
from 42.90
Decreased by -3.20%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
4.91T6.32T6.02T6.12T6.09T8.01T
Revenue Growth
61.67%28.71%-4.86%1.74%-0.56%31.61%
Operating Income
505.30B547.66B716.72B544.36B681.26B722.67B
Net Income
455.22B367.09B491.44B362.26B414.24B499.69B
EPS
----26.1542.90
EPS Growth
-----9.48%64.06%
Forward PE
3.672.876.006.377.755.18
Dividend / Share
10.5011.2512.2512.2513.2517.04
Dividend Growth
191.67%7.14%8.89%-8.16%28.60%
Free Cash Flow
----714.38B446.66B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High9.1T
Avg8.0T
Low6.9T

Revenue Growth

Revenue Growth202720282029
High
49.5%
Avg
31.6%
Low
13.9%

EPS Forecast

EPS202720282029
High54.94
Avg42.90
Low34.00

EPS Growth

EPS Growth202720282029
High
110.1%
Avg
64.1%
Low
30.0%