NSE: COFORGE | BSE: 532541

Strong Performer, Getting Expensive

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1784.30 -16.80 (-0.93%)

49.44% Gain from 52W Low

797.4K NSE+BSE Volume

NSE 18 Nov, 2025 3:58 PM (IST)

59,737.4

Market Cap

High in industry

1.4

Beta 1Year

Very High Volatility

Coforge Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for COFORGE, BSE:532541 Coforge Ltd.

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Coforge Ltd.

27 Oct 2025

1784.30

-0.93%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

Given the company's strong growth potential, backed by robust deal wins and superior execution capabilities, we maintain our BUY rating on the stock.

Coforge Ltd. has an average target of 2036.67 from 8 brokers.

Coforge Ltd.

27 Oct 2025

1784.30

-0.93%

Consistent execution on all fronts

Hold: Coforge Ltd.

ICICI Securities Limited

Coforge reported strong revenue growth of 5.9% QoQ CC, led by ramp-up of Sabre mega deal and BFS deal conversions (five large deals signed in Q1FY26). Operating margin was robust with 251bps QoQ expansion on lower SG&A and employee costs.

Number of FII/FPI investors decreased from 659 to 622 in Sep 2025 qtr

Coforge Ltd.

27 Oct 2025

1784.30

-0.93%

Coforge Ltd.

Buy: Coforge Ltd.

ICICI Direct

Coforge Ltd (Coforge) is a digital services and solutions provider that leverages its domain experience across sectors such as Banking & Financial Services, Insurance, Government, Travel, Transport and Hospitality....

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

27 Oct 2025

1784.30

-0.93%

Coforge (COFORGE): Q2FY26 Result Review

Buy: Coforge Ltd.

Target

IDBI Capital

Coforge reported a strong Q2FY26 with consolidated revenue of INR 3,855 crore (USD 462mn), growing 8.1%/26.7% QoQ/YoY in INR terms, driven by robust growth in Travel (+6.4%), Healthcare, Retail & Hi-Tech (+5.9%), Insurance (+1.8%), and BFSI (+4%) sectors. EBIT margin expanded 251bps QoQ to 14%, supported by lower ESOP costs and operating leverage, despite higher hedge losses. PAT margin improved to 9.4%. Order intake reached USD 514mn with five large deals, lifting the executable order book to USD 1.63bn, up 26.7% YoY. Employee strength increased to ~35K with a low attrition rate of 11.4% and...

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

28 Aug 2025

1784.30

-0.93%

Journey to USD5bn: Key takeaways from mgmt meeting

Buy: Coforge Ltd.

Motilal Oswal

We recently met with Coforge’s management to discuss the company’s outlook on growth, margins, and cash flow conversion.

Coforge Ltd. has an average target of 2036.67 from 8 brokers.

Coforge Ltd.

25 Jul 2025

1784.30

-0.93%

Robust Quarter, On industry leading growth trajectory

Buy: Coforge Ltd.

Sharekhan

Reported revenue stood at $442.4 million, up 8% q-o-q in constant currency (CC) terms, beating our estimates of 6.3% q-o-q growth in CC terms.

Coforge Ltd. has an average target of 2036.67 from 8 brokers.

Coforge Ltd.

24 Jul 2025

1784.30

-0.93%

Consistent growth delivery

Buy: Coforge Ltd.

Target

Motilal Oswal

COFORGE reported strong 1QFY26 revenue growth of 8.0% QoQ in CC terms, above our estimate of 7.0% QoQ CC. The company reported an order intake of USD507m( +61% YoY) in 1Q with five large deals, resulting in a
robust 12-month executable order book of USD1.55b. EBIT margin stood at 13.2%, below our estimate of 14%.

Number of FII/FPI investors decreased from 659 to 622 in Sep 2025 qtr

Coforge Ltd.

24 Jul 2025

1784.30

-0.93%

Result Update:Coforge

Buy: Coforge Ltd.

Axis Direct

we resume our coverage with a BUY rating on the stock.

Number of FII/FPI investors decreased from 659 to 622 in Sep 2025 qtr

Coforge Ltd.

24 Jul 2025

1784.30

-0.93%

Coforge: Q1FY26 Result Review

Buy: Coforge Ltd.

IDBI Capital

Coforge delivered a stellar quarter with 9.6%QoQ dollar growth and is targeting 14% EBIT for the fiscal year, backed by strong fundamentals including intense execution, deep industry specialization, and engineering excellence. Revenue reached USD 442.4mn (8% QoQ, 51.5% YoY CC), driven by verticals like TTH (up 32.3% QoQ), emerging segments (up 12.7% QoQ), and top 10 client growth (up 15.7% QoQ). The firm secured USD 507mn in new orders, pushing the 12-month executable order book to a record USD 1.55bn, up 46% YoY. AI-led platforms such as Quasar AI and Forge-X, with 20+ proprietary assets, are accelerating delivery...