Oil and Natural Gas Corporation Limited (NSE:ONGC)
India · Delayed Price · Currency is INR 238.50
+0.50 (0.21%)
Aug 20, 2026, 3:15 PM IST
NSE:ONGC Stock Forecast
Stock Price Forecast
The 6 analysts that cover NSE:ONGC stock have a consensus rating of "Strong Buy" and an average price target of ₹312.00, which forecasts a 30.82% increase in the stock price over the next year. The lowest target is ₹270.00 and the highest is ₹363.00.
Price Target: ₹312.00 (+30.82%)
Analyst Consensus: Strong Buy
Price Target
Analyst Ratings
The average analyst rating for NSE:ONGC stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 15 | 15 | 15 | 17 | 18 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 5 | 5 | 6 | 7 | 5 | 4 |
| Sell | 2 | 1 | 1 | 2 | 2 | 3 |
| Strong Sell | 4 | 5 | 4 | 2 | 2 | 1 |
| Total | 29 | 30 | 30 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹320.00 → ₹310.00 | Buy | Maintains | ₹320.00 → ₹310.00 | +29.98% | Aug 6, 2026 |
| Motilal Oswal | Motilal Oswal | Buy Maintains ₹288.00 → ₹290.00 | Buy | Maintains | ₹288.00 → ₹290.00 | +21.59% | Aug 5, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Upgrades ₹270.00 | Hold | Upgrades | ₹270.00 | +13.21% | Jul 1, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains ₹363.00 | Buy | Maintains | ₹363.00 | +52.20% | May 27, 2026 |
| Prabhudas Lilladher | Prabhudas Lilladher | Buy Maintains ₹309.00 → ₹297.00 | Buy | Maintains | ₹309.00 → ₹297.00 | +24.53% | May 27, 2026 |
Financial Forecast
Revenue This Year
7.96T
from 6.09T
Increased by 30.71%
Revenue Next Year
7.63T
from 7.96T
Decreased by -4.04%
EPS This Year
42.74
from 33.19
Increased by 28.80%
EPS Next Year
41.55
from 42.74
Decreased by -2.80%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.