Tech Mahindra Limited (NSE:TECHM)
1,483.90
+28.30 (1.94%)
May 29, 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 ₹1,584. The average 1-year stock price forecast is 6.76% higher than the current stock price, while the lowest is ₹1,225 (-17.45%) and the highest is ₹1,921 (+29.46%).
Price Target: ₹1,584 (+6.76%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 23, 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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 16 | 16 | 14 | 14 | 17 | 17 |
| Buy | 6 | 10 | 10 | 10 | 9 | 9 |
| Hold | 9 | 6 | 6 | 7 | 6 | 6 |
| Sell | 4 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 7 | 7 | 7 | 6 | 5 | 5 |
| Total | 42 | 42 | 40 | 40 | 40 | 40 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains ₹1,180 → ₹1,225 | Sell | Maintains | ₹1,180 → ₹1,225 | -17.45% | Apr 23, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,750 | Buy | Maintains | ₹1,750 | +17.93% | Mar 25, 2026 |
Unknown Analyst Geojit Research No rating | Geojit Research | Buy Maintains ₹1,613 → ₹1,921 | Buy | Maintains | ₹1,613 → ₹1,921 | +29.46% | Feb 2, 2026 |
Unknown Analyst IDBI Capital No rating | IDBI Capital | Buy Maintains ₹1,922 | Buy | Maintains | ₹1,922 | +29.52% | Jan 20, 2026 |
Unknown Analyst ICICI Securities No rating | ICICI Securities | Buy Maintains ₹1,680 → ₹2,000 | Buy | Maintains | ₹1,680 → ₹2,000 | +34.78% | Jan 19, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.