NSE: TCS | BSE: 532540

Mid-range Performer

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3217.80 12.70 (0.40%)

27.41% Fall from 52W High

1.4M NSE+BSE Volume

NSE 17 Dec, 2025 3:31 PM (IST)

1,164,228.2

Market Cap

Market Leader

Beta 1Year

Low volatility

Tata Consultancy Services Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TCS, BSE:532540 Tata Consultancy Services Ltd.

Tata Consultancy Services Ltd.

15 Jul 2025

3217.80

0.40%

TCS LTD

Buy: Tata Consultancy Services ...

Target

Geojit BNP Paribas

TCS reported a subdued performance in Q1FY26, primarily impacted by the rampdown of the BSNL contract and cautious client spending across key verticals. Despite these headwinds, the company delivered margin resilience, with EBIT improving, driven by deferred wage hikes, lower third-party expenses, and favourable currency movements. A robust deal pipeline driven by demand for cost optimization, vendor consolidation, and AI-led transformation, underscores sustained client interest. We expect the launch of AI-led platforms, deeper domain...

Tata Consultancy Ser.. has an average target of 3605.20 from 10 brokers.

Tata Consultancy Services Ltd.

11 Jul 2025

3217.80

0.40%

Tata Consultancy Services (HOLD): Slowdown intensified. Impacting multiple sectors and margins

Hold: Tata Consultancy Services ...

Target

BOB Capital Markets Ltd.

1QFY26 was weaker than expected on both international and BSNL fronts. Even BFSI on a QoQ basis was impacted (Europe driven)

Tata Consultancy Ser.. has an average target of 3605.20 from 10 brokers.

Tata Consultancy Services Ltd.

11 Jul 2025

3217.80

0.40%

Tata Consultancy Services Ltd Q1FY26

Buy: Tata Consultancy Services ...

Deven Choksey

We have revised our FY26E/FY27E EPS estimate by -1.7%/-3.6% respectively, led by lower revenue conversion on the back of reduced demand. We value TCS at 25.0x Jun’27 EPS (~10-year avg NTM P/E), implying a target price of INR 4,067.

Axis Direct increased Buy price target of Tata Consultancy Services Ltd. to 3565.0 on 06 Dec, 2025.

Tata Consultancy Services Ltd.

11 Jul 2025

3217.80

0.40%

Tata Consultancy Services (TCS IN) Q1FY26 Result Update ...

Buy: Tata Consultancy Services ...

Target

Prabhudas Lilladhar

outlook, evident through weak Q1 deal TCV in BFS. We expect FY26 international growth largely to be flat CC, which translates to an ask-rate of ~0.6% CQGR, while we expect the BSNL add-on will support the growth in Q2/Q3 before it sees further ramp-down in Q4. On the margins, utilization and rationalizing employee pyramid are the major levers, however the low-margin add-on BSNL deal would continue to weigh on FY26 margins. We are adjusting our revenue estimates for the quarterly miss while keeping our margins broadly unchanged. We expect CC revenue to decline by 1.4% in FY26E followed by a...

Axis Direct increased Buy price target of Tata Consultancy Services Ltd. to 3565.0 on 06 Dec, 2025.

Tata Consultancy Services Ltd.

11 Jul 2025

3217.80

0.40%

Result Update:TCS

Hold: Tata Consultancy Services ...

Target

Axis Direct

With a strong deal pipeline across business verticals, new partnerships, and higher adoption for new-age technologies, we believe TCS will gradually begin recovery from H2FY26. Hence, we resume our coverage with a HOLD rating on the stock.

Axis Direct increased Buy price target of Tata Consultancy Services Ltd. to 3565.0 on 06 Dec, 2025.

Tata Consultancy Services Ltd.

11 Jul 2025

3217.80

0.40%

Tata Consultancy Services: Q1FY26 Result Review

Hold: Tata Consultancy Services ...

Recommendation

IDBI Capital

In Q1 FY26, TCS saw a 3.1% year-on-year drop in revenue in constant currency due to delays in discretionary spending caused by global economic and geopolitical issues. Operating margin was 24.5% (up 30bps; impact on utilization partially offset by 3rd party cost and currency). Despite short-term weakness, especially in banking and consumer sectors, TCS signed USD 9.4bn in deals TCV, up 13.2%YoY. Demand was strong in areas like Generative AI, cloud, and platform modernization. While North America and UK banking (Life & Pension) sector showed slight growth, delays in project ramp-ups and longer execution...

Tata Consultancy Ser.. has an average target of 3605.20 from 10 brokers.

Tata Consultancy Services Ltd.

10 Jul 2025

3217.80

0.40%

Weak Q1, aggravated by sharp BSNL deal taper

Buy: Tata Consultancy Services ...

Target

Sharekhan

Reported revenue stood at $7,421 million, down 0.6% q-o-q/1.1% y-o-y, missing our estimate of $7,587 million. Revenue growth in constant currency (CC) terms stood at -3.3% q-o-q, chiefly led by ramp-down of BSNL deal.

Number of FII/FPI investors decreased from 1728 to 1566 in Sep 2025 qtr

Tata Consultancy Services Ltd.

23 Apr 2025

3217.80

0.40%

TCS LTD

Buy: Tata Consultancy Services ...

Target

Geojit BNP Paribas

Number of FII/FPI investors decreased from 1728 to 1566 in Sep 2025 qtr

Tata Consultancy Services Ltd.

11 Apr 2025

3217.80

0.40%

Tata Consultancy Services (HOLD): FY26>FY25 is unambitious

Hold: Tata Consultancy Services ...

Target

BOB Capital Markets Ltd.

Weak start for FY26 likely. Salary hike postponed due to uncertainty in the demand environment

Tata Consultancy Services Ltd. is trading below its 200 day SMA of 3260.2

Tata Consultancy Services Ltd.

11 Apr 2025

3217.80

0.40%

Tata Consultancy Services (TCS IN) Q4FY25 Result Update ...

Buy: Tata Consultancy Services ...

Target

Prabhudas Lilladhar

Deal wins remain strong, above USD 10 bn for 2nd successive quarter The revenue growth in Q4 was disappointing, missing our estimates by 90bps QoQ, largely attributed to the ramp down in BSNL deal. Otherwise, the international business grew 0.6% QoQ, curtesy BFSI (+1.3% QoQ) and other key geographies that sequentially turned positive after a weak growth reported in Q3. The deal TCV at USD12.2bn (+20% QoQ), was impressive with no major change in the mix or nature of the deals. The management was confident of deriving growth in the international market on the back of strong bookings in...

Tata Consultancy Ser.. has an average target of 3605.20 from 10 brokers.

Is Tata Consultancy Services Ltd. worth buying?

2549 Votes:

Buy 73.32%

Sell 13.57%

Hold 13.1%

RESEARCH REPORTS

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