|
22 Sep 2025 |
Coforge
|
Consensus Share Price Target
|
1716.90 |
1875.94 |
- |
9.26 |
buy
|
|
|
|
|
23 Jul 2024
|
Coforge
|
Motilal Oswal
|
1716.90
|
6100.00
|
6179.35
(-72.22%)
|
Target met |
Neutral
|
|
|
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).
|
|
23 Jul 2024
|
Coforge
|
Dolat Capital
|
1716.90
|
6150.00
|
6179.35
(-72.22%)
|
Target met |
Sell
|
|
|
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).
|
|
23 Jul 2024
|
Coforge
|
Emkay
|
1716.90
|
6200.00
|
6179.35
(-72.22%)
|
Target met |
Sell
|
|
|
Coforge reported an in-line set of results in Q1; revenue grew 1.6% QoQ (similar in cc terms), whereas adj. EBITDAM declined by 100bps to 17.9%.
|
|
23 Jul 2024
|
Coforge
|
IDBI Capital
|
1716.90
|
6272.00
|
6334.10
(-72.89%)
|
Target met |
Hold
|
|
|
|
|
03 May 2024
|
Coforge
|
Axis Direct
|
1716.90
|
5585.00
|
4482.55
(-61.70%)
|
Target met |
Buy
|
|
|
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
|
|
03 May 2024
|
Coforge
|
IDBI Capital
|
1716.90
|
5495.00
|
4482.55
(-61.70%)
|
Target met |
Hold
|
|
|
|
|
02 May 2024
|
Coforge
|
Emkay
|
1716.90
|
5200.00
|
4985.70
(-65.56%)
|
Target met |
Sell
|
|
|
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).
|
|
02 Apr 2024
|
Coforge
|
Sharekhan
|
1716.90
|
7670.00
|
5662.60
(-69.68%)
|
Target met |
Buy
|
|
|
|
|
23 Jan 2024
|
Coforge
|
Axis Direct
|
1716.90
|
6905.00
|
6201.60
(-72.32%)
|
Target met |
Buy
|
|
|
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.
|
|
23 Jan 2024
|
Coforge
|
Motilal Oswal
|
1716.90
|
6600.00
|
6201.60
(-72.32%)
|
Target met |
Neutral
|
|
|
|