Tech Mahindra Limited (NSE:TECHM)
India · Delayed Price · Currency is INR 1,432.30
+3.50 (0.24%)
Jul 9, 2026, 3:29 PM IST
Tech Mahindra Stock Forecast
Stock Price Forecast
According to 40 analysts polled by S&P Global, Tech Mahindra stock has a consensus rating of "Buy" and an average price target of ₹1,535. The average 1-year stock price forecast is 7.15% higher than the current stock price, while the lowest is ₹1,080 (-24.60%) and the highest is ₹1,921 (+34.12%).
Price Target: ₹1,535 (+7.15%)
Analyst Consensus: Buy
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 17 | 17 | 17 | 17 |
| Buy | 10 | 10 | 9 | 9 | 7 | 7 |
| Hold | 6 | 7 | 6 | 6 | 7 | 6 |
| Sell | 3 | 3 | 3 | 3 | 3 | 4 |
| Strong Sell | 7 | 6 | 5 | 5 | 6 | 6 |
| Total | 40 | 40 | 40 | 40 | 40 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,600 | Buy | Maintains | ₹1,600 | +11.71% | Jul 1, 2026 |
| Motilal Oswal | Motilal Oswal | Buy Reiterates ₹1,750 | Buy | Reiterates | ₹1,750 | +22.18% | Jun 23, 2026 |
| Jefferies | Jefferies | Sell Maintains ₹1,180 → ₹1,225 | Sell | Maintains | ₹1,180 → ₹1,225 | -14.47% | Apr 23, 2026 |
Unknown Analyst Geojit Research No rating | Geojit Research | Buy Maintains ₹1,613 → ₹1,921 | Buy | Maintains | ₹1,613 → ₹1,921 | +34.12% | Feb 2, 2026 |
Unknown Analyst IDBI Capital No rating | IDBI Capital | Buy Maintains ₹1,922 | Buy | Maintains | ₹1,922 | +34.19% | Jan 20, 2026 |
Financial Forecast
Revenue This Year
622.10B
from 568.15B
Increased by 9.50%
Revenue Next Year
655.79B
from 622.10B
Increased by 5.41%
EPS This Year
77.31
from 56.44
Increased by 36.98%
EPS Next Year
84.98
from 77.31
Increased by 9.92%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 636.7B | ||
| Avg | 622.1B | ||
| Low | 600.8B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 12.1% | ||
| Avg | 9.5% | ||
| Low | 5.7% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 84.05 | ||
| Avg | 77.31 | ||
| Low | 69.60 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 48.9% | ||
| Avg | 37.0% | ||
| Low | 23.3% |