Tata Communications Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Tata Communications stock has a consensus rating of "Buy" and an average price target of ₹1,930. The average 1-year stock price forecast is 2.94% lower than the current stock price, while the lowest is ₹1,450 (-27.09%) and the highest is ₹2,600 (+30.73%).

Price Target: ₹1,930 (-2.94%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹1,450	₹1,930	₹1,920	₹2,600
Change	-27.09%	-2.94%	-3.46%	+30.73%

* Price targets were last updated on May 20, 2026.

Analyst Ratings

The average analyst rating for Tata Communications 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	5	5	4	4	5	5
Buy	2	2	2	2	2	2
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	10	10	9	9	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Geojit Research No rating	Geojit Research	Buy Reiterates ₹1,860	Buy	Reiterates	₹1,860	-6.48%	May 20, 2026

Financial Forecast

Revenue This Year

270.30B

from 248.03B

8.98%

from 248.03B

Revenue Next Year

296.18B

from 270.30B

9.57%

from 270.30B

EPS This Year

58.97

from 37.49

57.29%

from 37.49

EPS Next Year

81.16

from 58.97

37.63%

from 58.97

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	167.25B	178.38B	207.85B	231.09B	248.03B	270.30B
Revenue Growth	-2.20%	6.66%	16.52%	11.18%	7.33%	8.98%
Gross Profit	58.13B	61.12B	64.09B	67.67B	67.95B	155.42B
Gross Margin	34.75%	34.26%	30.84%	29.28%	27.39%	57.50%
Operating Income	20.22B	20.56B	19.20B	19.77B	19.96B	27.35B
Net Income	14.82B	17.96B	9.68B	18.36B	10.02B	16.88B
EPS	-	-	-	-	37.49	58.97
EPS Growth	-	-	-	-	-2.47%	57.29%
Forward PE	20.29	20.88	37.38	27.74	22.35	33.73
Dividend / Share	20.70	21.00	16.70	25.00	17.50	21.83
Dividend Growth	-	1.45%	-20.48%	49.70%	-30.00%	24.75%
Free Cash Flow	14.52B	22.45B	11.82B	8.11B	20.34B	23.08B
No. Analysts	-	-	-	-	-	10

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	273.5B
Avg	270.3B
Low	266.7B

Revenue Growth

Revenue Growth	2027	2028	2029
High	10.3%
Avg	9.0%
Low	7.5%

EPS Forecast

EPS	2027	2028	2029
High	73.80
Avg	58.97
Low	51.11

EPS Growth

EPS Growth	2027	2028	2029
High	96.8%
Avg	57.3%
Low	36.3%