Dr. Reddy's Laboratories Limited (RDY)
NYSE: RDY · Real-Time Price · USD
14.30
-0.05 (-0.35%)
At close: Nov 20, 2024, 4:00 PM
14.13
-0.17 (-1.19%)
Pre-market: Nov 21, 2024, 4:00 AM EST

Dr. Reddy's Laboratories Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for RDY stock has a target of 17, which predicts an increase of 18.88% from the current stock price of 14.30.

Analyst Consensus: Buy
Target Low Average Median High
Price $17 $17 $17 $17
Change +18.88% +18.88% +18.88% +18.88%

Analyst Ratings

According to 1 stock analyst, the rating for RDY is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$17$17
Buy Maintains $17$17 +18.88% Nov 6, 2024
Barclays
Barclays
Buy
Maintains
$16$17
Buy Maintains $16$17 +21.68% Jul 30, 2024
Barclays
Barclays
Buy
Maintains
$16$16
Buy Maintains $16$16 +13.29% May 8, 2024
Barclays
Barclays
Buy
Maintains
$15$16
Buy Maintains $15$16 +11.89% Jan 29, 2024
Barclays
Barclays
Buy
Maintains
$13$14
Buy Maintains $13$14 -2.10% Jun 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
316.55B
from 279.16B
Increased by 13.39%
Revenue Next Year
342.99B
from 316.55B
Increased by 8.35%
EPS This Year
70.07
from 66.80
Increased by 4.89%
EPS Next Year
72.60
from 70.07
Increased by 3.62%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Mar 31, 2020 Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Mar 31, 2027
Revenue
174.60B189.72B214.39B245.88B279.16B316.55B342.99B332.63B
Revenue Growth
13.49%8.66%13.00%14.69%13.54%13.39%8.35%-3.02%
EPS
23.4820.7328.3454.1766.8070.0772.6057.89
EPS Growth
3.81%-11.71%36.70%91.16%23.32%4.89%3.62%-20.27%
Forward PE
-----17.2416.6420.87
No. Analysts -----363624
Financial currency is INR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 348.2B 406.4B 388.8B
Avg 316.5B 343.0B 332.6B
Low 256.8B 286.4B 276.9B

Revenue Growth

Revenue Growth 2024202520262027
High
24.7%
28.4%
13.3%
Avg
13.4%
8.4%
-3.0%
Low
-8.0%
-9.5%
-19.3%

EPS Forecast

EPS 202420252026
High 82.43 95.72 76.57
Avg 70.07 72.60 57.89
Low 41.04 50.45 37.87

EPS Growth

EPS Growth 202420252026
High
23.4%
36.6%
5.5%
Avg
4.9%
3.6%
-20.3%
Low
-38.6%
-28.0%
-47.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.