Tech Mahindra Limited (NSE:TECHM)
India · Delayed Price · Currency is INR 1,776.60
-34.80 (-1.92%)
Oct 28, 2026, 3:28 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 ₹1,751. The average 1-year stock price forecast is 1.46% lower than the current stock price, while the lowest is ₹1,220 (-31.33%) and the highest is ₹2,000 (+12.57%).
Price Target: ₹1,751 (-1.46%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | 19 |
| Buy | 9 | 7 | 9 | 8 | 8 | 7 |
| Hold | 6 | 7 | 7 | 7 | 8 | 9 |
| Sell | 3 | 3 | 2 | 2 | 1 | 1 |
| Strong Sell | 5 | 6 | 5 | 5 | 5 | 3 |
| Total | 40 | 40 | 40 | 39 | 39 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Motilal Oswal | Motilal Oswal | Buy Reiterates ₹1,950 | Buy | Reiterates | ₹1,950 | +9.76% | Oct 16, 2026 |
| ICICI Securities | ICICI Securities | Hold Maintains ₹1,470 → ₹1,590 | Hold | Maintains | ₹1,470 → ₹1,590 | -10.50% | Oct 16, 2026 |
| Jefferies | Jefferies | Hold Upgrades ₹1,540 | Hold | Upgrades | ₹1,540 | -13.32% | Oct 16, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,900 | Buy | Maintains | ₹1,900 | +6.95% | Oct 16, 2026 |
Unknown Analyst Deven Choksey No rating | Deven Choksey | Buy Maintains ₹1,726 | Buy | Maintains | ₹1,726 | -2.85% | Jul 18, 2026 |
Financial Forecast
Revenue This Year
647.10B
from 568.15B
Increased by 13.89%
Revenue Next Year
688.30B
from 647.10B
Increased by 6.37%
EPS This Year
76.39
from 56.44
Increased by 35.36%
EPS Next Year
89.30
from 76.39
Increased by 16.89%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.