Oil and Natural Gas Corporation Limited (NSE:ONGC)
India flag India · Delayed Price · Currency is INR
236.77
+2.75 (1.18%)
Sep 10, 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 ₹294.70. The average 1-year stock price forecast is 24.47% higher than the current stock price, while the lowest is ₹210.00 (-11.31%) and the highest is ₹405.00 (+71.05%).

Price Target: ₹294.70 (+24.47%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹210.00₹294.70₹292.50₹405.00
Change-11.31%+24.47%+23.54%+71.05%
* Price targets were last updated on Aug 6, 2026.

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy141515151718
Buy444444
Hold556754
Sell211223
Strong Sell454221
Total293030303030

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹320.00₹310.00
BuyMaintains₹320.00₹310.00+30.93%Aug 6, 2026
Motilal Oswal
Motilal Oswal
Buy
Maintains
₹288.00₹290.00
BuyMaintains₹288.00₹290.00+22.48%Aug 5, 2026
Goldman Sachs
Goldman Sachs
Hold
Upgrades
₹270.00
HoldUpgrades₹270.00+14.03%Jul 1, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
₹363.00
BuyMaintains₹363.00+53.31%May 27, 2026
Prabhudas Lilladher
Prabhudas Lilladher
Buy
Maintains
₹309.00₹297.00
BuyMaintains₹309.00₹297.00+25.44%May 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
7.94T
from 6.09T
Increased by 30.43%
Revenue Next Year
7.60T
from 7.94T
Decreased by -4.28%
EPS This Year
42.74
from 26.15
Increased by 63.46%
EPS Next Year
41.55
from 42.74
Decreased by -2.80%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
4.91T6.32T6.02T6.12T6.09T7.94T
Revenue Growth
61.67%28.71%-4.86%1.74%-0.56%30.43%
Operating Income
505.30B547.66B716.72B544.36B681.26B716.99B
Net Income
455.22B367.09B491.44B362.26B414.24B529.73B
EPS
----26.1542.74
EPS Growth
-----9.48%63.46%
Forward PE
3.672.876.006.377.755.54
Dividend / Share
10.5011.2512.2512.2513.2517.00
Dividend Growth
191.67%7.14%8.89%-8.16%28.28%
Free Cash Flow
236.12B197.12B175.32B76.32B327.31B583.90B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High9.1T
Avg7.9T
Low6.9T

Revenue Growth

Revenue Growth202720282029
High
49.5%
Avg
30.4%
Low
13.9%

EPS Forecast

EPS202720282029
High52.76
Avg42.74
Low34.00

EPS Growth

EPS Growth202720282029
High
101.7%
Avg
63.5%
Low
30.0%