Tech Mahindra Limited (NSE:TECHM)
India · Delayed Price · Currency is INR 1,491.10
-13.40 (-0.89%)
Oct 7, 2026, 3:14 PM IST
Tech Mahindra Stock Forecast
Stock Price Forecast
According to 39 analysts polled by S&P Global, Tech Mahindra stock has a consensus rating of "Buy" and an average price target of ₹1,658. The average 1-year stock price forecast is 11.22% higher than the current stock price, while the lowest is ₹1,150 (-22.88%) and the highest is ₹1,900 (+27.42%).
Price Target: ₹1,658 (+11.22%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Jul 21, 2026.
Analyst Ratings
The average analyst rating for Tech Mahindra stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 17 | 17 | 17 | 17 | 17 | 18 |
| Buy | 9 | 7 | 9 | 8 | 8 | 7 |
| Hold | 6 | 7 | 7 | 7 | 8 | 8 |
| Sell | 3 | 3 | 2 | 2 | 1 | 1 |
| Strong Sell | 5 | 6 | 5 | 5 | 5 | 5 |
| Total | 40 | 40 | 40 | 39 | 39 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,700 | Buy | Maintains | ₹1,700 | +14.01% | Jul 21, 2026 |
Unknown Analyst Deven Choksey No rating | Deven Choksey | Buy Maintains ₹1,726 | Buy | Maintains | ₹1,726 | +15.75% | Jul 18, 2026 |
| ICICI Securities | ICICI Securities | Buy Maintains ₹1,700 → ₹1,800 | Buy | Maintains | ₹1,700 → ₹1,800 | +20.72% | Jul 17, 2026 |
| Prabhudas Lilladher | Prabhudas Lilladher | Buy Maintains ₹1,660 → ₹1,780 | Buy | Maintains | ₹1,660 → ₹1,780 | +19.37% | Jul 17, 2026 |
| Jefferies | Jefferies | Sell Maintains ₹1,225 → ₹1,260 | Sell | Maintains | ₹1,225 → ₹1,260 | -15.50% | Jul 17, 2026 |
Financial Forecast
Revenue This Year
639.51B
from 568.15B
Increased by 12.56%
Revenue Next Year
675.94B
from 639.51B
Increased by 5.70%
EPS This Year
77.29
from 56.44
Increased by 36.95%
EPS Next Year
88.37
from 77.29
Increased by 14.33%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.