Oil and Natural Gas Corporation Limited (NSE:ONGC)
India · Delayed Price · Currency is INR 245.45
+0.45 (0.18%)
Jun 18, 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 ₹308.10. The average 1-year stock price forecast is 25.52% higher than the current stock price, while the lowest is ₹230.00 (-6.29%) and the highest is ₹405.00 (+65.00%).
Price Target: ₹308.10 (+25.52%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 13 | 14 | 15 | 15 | 15 |
| Buy | 3 | 5 | 4 | 4 | 4 | 4 |
| Hold | 7 | 7 | 5 | 5 | 6 | 6 |
| Sell | 1 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 5 | 4 | 4 | 5 | 4 | 4 |
| Total | 31 | 31 | 29 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Motilal Oswal No rating | Motilal Oswal | Hold Maintains ₹265.00 | Hold | Maintains | ₹265.00 | +7.96% | Jun 2, 2026 |
| Jefferies | Jefferies | Buy Maintains ₹360.00 → ₹320.00 | Buy | Maintains | ₹360.00 → ₹320.00 | +30.37% | May 28, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains ₹363.00 | Buy | Maintains | ₹363.00 | +47.89% | May 27, 2026 |
| Prabhudas Lilladher | Prabhudas Lilladher | Buy Maintains ₹309.00 → ₹297.00 | Buy | Maintains | ₹309.00 → ₹297.00 | +21.00% | May 27, 2026 |
Unknown Analyst IDBI Capital No rating | IDBI Capital | Buy Maintains ₹342.00 | Buy | Maintains | ₹342.00 | +39.34% | Feb 23, 2026 |
Financial Forecast
Revenue This Year
1.70T
from 6.62T
Decreased by -74.39%
Revenue Next Year
1.54T
from 1.70T
Decreased by -8.94%
EPS This Year
41.49
from 33.19
Increased by 25.03%
EPS Next Year
33.65
from 41.49
Decreased by -18.91%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.0T | ||
| Avg | 1.7T | ||
| Low | 1.6T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | -69.9% | ||
| Avg | -74.4% | ||
| Low | -76.0% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 55.00 | ||
| Avg | 41.49 | ||
| Low | 32.10 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 65.7% | ||
| Avg | 25.0% | ||
| Low | -3.3% |