NSE: COFORGE | BSE: 532541

Strong Performer, Getting Expensive

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1795.30 -29.20 (-1.60%)

50.36% Gain from 52W Low

1.5M NSE+BSE Volume

NSE 19 Sep, 2025 3:31 PM (IST)

60,070

Market Cap

High in industry

1.2

Beta 1Year

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.

Coforge Ltd.

24 Jan 2025

1795.30

-1.60%

Coforge (SELL): On the journey to becoming a Tier-1

Sell: Coforge Ltd.

Recommendation Target

BOB Capital Markets Ltd.

3QFY25 was blockbuster quarter 8.4% growth QoQ in CC terms (our estimate-2.8%. Belied seasonality)

Coforge Ltd. has gained 29.80% in the last 1 Year

Coforge Ltd.

24 Jan 2025

1795.30

-1.60%

Stellar revenue growth; another quarter of profit miss

Sell: Coforge Ltd.

Target

Emkay

Coforge reported strong topline growth of 8.4% QoQ (CC), well ahead of our estimate of 4.7%. Growth was healthy across most horizontals, verticals, and geographies.

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

23 Jan 2025

1795.30

-1.60%

Coforge: Q3FY25 Result Review

Buy: Coforge Ltd.

Recommendation Target

IDBI Capital

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

23 Jan 2025

1795.30

-1.60%

Full steam ahead

Buy: Coforge Ltd.

Target

Motilal Oswal

COFORGE reported 3QFY25 strong revenue growth of 8.4% QoQ in CC terms, above our estimate of 4.9% QoQ CC. Reported revenue stood at USD397m (up 7.5% QoQ/40.8% YoY).

Coforge Ltd. has gained 29.80% in the last 1 Year

Coforge Ltd.

24 Oct 2024

1795.30

-1.60%

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 recommend a BUY rating on the stock.

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

24 Oct 2024

1795.30

-1.60%

Robust quarter, maintain BUY

Buy: Coforge Ltd.

Target

Sharekhan

Coforge reported revenue of $369.4 million, up 26.8% q-o-q/32.8% y-o-y. Organic revenue stood at $309.8 million, up 5.5% q-o-q in constant currency terms, beating our estimate of $305.9 million.

Coforge Ltd. has gained 29.80% in the last 1 Year

Coforge Ltd.

23 Oct 2024

1795.30

-1.60%

A blazing quarter

Buy: Coforge Ltd.

Recommendation Target

Motilal Oswal

COFORGE reported 2QFY25 organic revenue growth of 6.3% QoQ in USD terms, above our estimate of 4.3%. It reported an organic CC QoQ growth of 5.5% (consol. CC QoQ growth of 26.3%).

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

13 Sep 2024

1795.30

-1.60%

Organic Business on strong footing, Upgrade to Buy

Buy: Coforge Ltd.

Target

Sharekhan

We upgrade Coforge to Buy with revised price target (PT) of Rs. 8,480 (valued at 40x Sept26E EPS).
At CMP, the stock trades at 48.2/36.5/30.2x its FY25/26/27E EPS.