NSE: COFORGE | BSE: 532541

Mid-range Performer

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1854.80 10.10 (0.55%)

55.34% Gain from 52W Low

1.0M NSE+BSE Volume

NSE 18 Dec, 2025 3:31 PM (IST)

62,143.6

Market Cap

High in industry

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.

Coforge Ltd.

23 Jul 2024

1854.80

0.55%

Results Miss; Margins to moderate due to higher M&A costs

Sell: Coforge Ltd.

Target

Dolat Capital

Coforge reported a miss on CC Rev growth of 1.6% QoQ (DE:1.9%) due to decline in BFS (-4%). Adj. EBITDA margin down 111bps QoQ to 17.9% (DE:18.1%) due to visa & onsite ramp-up (wage hike moved to Q2).

Motilal Oswal increased Buy price target of Coforge Ltd. to 3000.0 on 09 Dec, 2025.

Coforge Ltd.

23 Jul 2024

1854.80

0.55%

Organic business continues to do well

Neutral: Coforge Ltd.

Target

Motilal Oswal

COFORGE reported 1QFY25 revenue growth of 1.6% QoQ in CC terms, in line with our estimate. Reported revenue stood at USD291m (up 1.6% QoQ/7.2% YoY).

Coforge Ltd. has an average target of 2256.67 from 8 brokers.

Coforge Ltd.

03 May 2024

1854.80

0.55%

Coforge: Q4FY24 Result Review

Hold: Coforge Ltd.

Recommendation Target

IDBI Capital

Coforge Ltd. has an average target of 2256.67 from 8 brokers.

Coforge Ltd.

03 May 2024

1854.80

0.55%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

Recommendation: Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a BUY rating on the stock

Motilal Oswal increased Buy price target of Coforge Ltd. to 3000.0 on 09 Dec, 2025.

Coforge Ltd.

02 May 2024

1854.80

0.55%

Weak operating performance; Cigniti acquisition to support FY27 goals

Sell: Coforge Ltd.

Recommendation Target

Emkay

Coforge posted weak Q4 results – revenue and margin both missed estimates. Deal intake grew >2x in Q4, QoQ and YoY, on the back of a large renewal deal (USD400mn TCV; 6Y tenure).

Motilal Oswal increased Buy price target of Coforge Ltd. to 3000.0 on 09 Dec, 2025.

Coforge Ltd.

02 Apr 2024

1854.80

0.55%

COFORGE LTD.

Buy: Coforge Ltd.

Target

Sharekhan

Motilal Oswal increased Buy price target of Coforge Ltd. to 3000.0 on 09 Dec, 2025.

Coforge Ltd.

23 Jan 2024

1854.80

0.55%

Result Update:Coforge

Buy: Coforge Ltd.

Target

Axis Direct

Recommendation: 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. has an average target of 2256.67 from 8 brokers.

Coforge Ltd.

23 Jan 2024

1854.80

0.55%

Retaining FY24 guidance implies a strong 4Q exit

Neutral: Coforge Ltd.

Target

Motilal Oswal

Coforge Ltd. is trading above all available SMAs

Coforge Ltd.

11 Nov 2023

1854.80

0.55%

Pick of the Week:13 Nov 2023

Buy: Coforge Ltd.

Target

Axis Direct

We recommend a Buy the stock for a target price of Rs 5655/ implying an upside of 10% from CMP

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

Coforge Ltd.

20 Oct 2023

1854.80

0.55%

Result Update:Coforge

Buy: Coforge Ltd.

Recommendation Target

Axis Direct

We recommend a BUY rating on the stock and assign a 24x P/E multiple to its FY25E earnings of Rs 238.7/share to arrive at a TP of Rs 5,615/share, implying an upside of 10% from the CMP.

Coforge Ltd. has an average target of 2256.67 from 8 brokers.

Is NIIT Technologies Ltd. worth buying?

309 Votes:

Buy 73.14%

Sell 20.39%

Hold 6.47%

RESEARCH REPORTS

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