Coforge (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
COFORGE Limited |
|||
|
Price: ₹9,370.45 | ||
| 52 Week Low: ₹4,287.25 52 Week High: ₹9,797.10 |
|||
| Market Capital: 54,056.52 Crore (Largecap) | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Coforge Share Price Target For 2024
- 1.1.1: Coforge Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Coforge Share Price Target For 2025
- 1.2.1: Coforge Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Coforge Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Coforge Brief Company Overview
- 4: Coforge Financial Performance
- 4.0.1: Is Coforge A Good Buy For Long Term?
To predict the Coforge's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Coforge Share Price Target For 2024
The line chart displays the monthly closing prices of Coforge with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Coforge shares in 2024, see the table below.
Coforge Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 9965.93 (+6.35%) | Fibonacci Extension Level 50.00% |
| 2024 Target 2 | 9785.95 (+4.43%) | Fibonacci Extension Level 100.00% |
| 2024 Target 1 | 9651.51 (+2.99%) | Fibonacci Extension Level 23.60% |
| Current Price | 9370.45 | Coforge's share price as of 20 Dec 2024 |
| Stop Loss 1 | 9280.0 (-0.97%) | Price Action: 17 Dec 2024 Low |
| Stop Loss 2 | 9092.2 (-2.97%) | Price Action: 13 Dec 2024 Low |
| Stop Loss 3 | 8985.0 (-4.12%) | Price Action: 09 Dec 2024 High |
Short-Term Technical Outlook
Current Technical Position: Coforge is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹8820.13 serves as the nearest technical reference point.
Historical Returns: 3-month: +33.90% | 6-month: +72.63% | 1-year: +51.26%
Coforge Share Price Target For 2025
The line chart displays the monthly closing prices of Coforge with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Coforge shares in 2025, see the table below.
Coforge Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 13344.77 (+42.41%) | Price Action: Chart |
| 2025 Target 2 | 13095.95 (+39.75%) | Price Action: Chart |
| 2025 Target 1 | 12966.29 (+38.37%) | Fibonacci Extension Level 64.90% |
| Current Price | 9370.45 | Coforge's share price as of 20 Dec 2024 |
| Stop Loss 1 | 8542.2 (-8.84%) | Price Action: 27 Nov 2024 Low |
| Stop Loss 2 | 8359.25 (-10.80%) | Price Action: 25 Nov 2024 Low |
| Stop Loss 3 | 8239.5 (-12.07%) | Price Action: 19 Nov 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: Coforge is currently trading near its 52-week high of ₹9797.1, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +51.26% | 3-year: +66.71% | 5-year: +531.56%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Coforge Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹9,370.45 | ||
| 2024 | ₹7,933.09 | -15.34% | ₹8,052.09 |
| 2025 | ₹11,520.48 | +45.22% | ₹11,693.29 |
| 2026 | ₹14,701.14 | +27.61% | ₹14,921.66 |
| 2027 | ₹17,504.04 | +19.07% | ₹17,766.60 |
| 2028 | ₹21,117.56 | +20.64% | ₹21,434.32 |
| 2029 | ₹24,116.62 | +14.20% | ₹24,920.78 |
| 2030 | ₹28,212.11 | +16.98% | ₹28,635.29 |
| 2031 | ₹31,215.65 | +10.65% | ₹31,683.88 |
| 2032 | ₹33,559.93 | +7.51% | ₹34,063.33 |
| 2033 | ₹37,485.29 | +11.70% | ₹38,047.57 |
| 2034 | ₹40,300.15 | +7.51% | ₹42,026.57 |
| 2035 | ₹44,903.73 | +11.42% | ₹45,577.29 |
| 2036 | ₹47,730.17 | +6.29% | ₹48,446.12 |
| 2037 | ₹49,615.81 | +3.95% | ₹50,579.47 |
| 2038 | ₹53,853.01 | +8.54% | ₹54,855.92 |
| 2039 | ₹56,677.49 | +5.24% | ₹59,132.37 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Coforge Brief Company Overview
Company Overview Coforge Limited is an IT solutions and services provider headquartered in New Delhi, India. Incorporated in 1992, the company has established a presence in over 50 countries and caters to clients in various industries. Key Products and Services Digital...
process automation Digital services Cloud and infrastructure management Cybersecurity services AI and machine learning Business analytics Advanced application engineering Business process solutions Media solutions Reputation in the Industry Coforge has earned recognition for its expertise in digital transformation and cloud computing. The company has partnered with leading technology providers like Kong Inc. and Newgen Software Technologies to enhance its service offerings. Diverse Product Range Coforge's diverse product range enables it to meet the varying needs of its customers. The company's commitment to innovation and customer satisfaction has contributed to its success in the global IT market.Coforge Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 54,056.52 Crore | Market valuation of Coforge's shares. |
| Revenue (TTM) | 10,144.89 Crore | Total revenue generated by Coforge over the past twelve months. |
| Net Income (TTM) | +7,970,999,808.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +9.39% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +7.85% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+34.50% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+11.70% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
13.32 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,063.69 Crore | Sum of Coforge's current & long-term financial obligations. |
| Total Cash | 1,772.89 Crore | Total amount of liquid funds available to Coforge. |
| Beta | 0.69 | Beta is less than 1 indicating that the Coforge's price is less volatile than the market. |
Is Coforge A Good Buy For Long Term?
Coforge (market cap: ₹54,056.52 crore), shows strong financial health with ₹1,772.89 crore in cash and a healthy profit margin of 7.85% (₹797.09 crore net profit on ₹10,144.89 crore revenue) despite ₹1,063.69 crore debt. Impressive growth is evident: 34.5% revenue increase QoQ and 11.7% YoY earnings growth. Past performance is exceptional (67.07% 12-month return, 624.57% 5-year return). While short-term volatility exists, Coforge appears to be a good buy for long-term investors.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
