Home / Share Price Target / Coforge
Coforge Share Price Target 2024, 2025, 2026 to 2039 With Charts
COFORGE Limited | |||
 | Symbol: COFORGE | ||
| Price: ₹8,210.09 | |||
| Exchange: NSE | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Coforge Brief Company Overview
- 1.1: Company Overview
- 1.1.1: Key Products and Services
- 1.1.2: Reputation in the Industry
- 1.1.3: Diverse Product Range
- 1.2: Coforge Financial Performance
- 1.2.1: Is Coforge A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Coforge Share Price Target For 2024
- 2.1.1: Coforge Share Price Target Table For 2024
- 2.1.2: Summary: Coforge Share Price Prediction For 2024
- 2.2: Coforge Share Price Target For 2025
- 2.2.1: Coforge Share Price Target Table For 2025
- 2.2.2: Summary: Coforge Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Coforge Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Coforge Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Coforge Past Performance
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 | 53,070.93 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) | +797.09 Crore | 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) | +34.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +11.7% | 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: ₹53,550.02 crore) shows strong growth potential. Its Q2 2024-25 results reveal an 11.7% year-on-year earnings increase and a substantial 34.5% quarter-on-quarter revenue jump. While the profit margin (7.85%) is moderate, impressive past returns (3-year: 198.46%, 5-year: 602.51%) suggest significant long-term viability. Positive cash balance (₹1,772.89 crore) offsets existing debt (₹1,063.69 crore). Considering this, Coforge is a good buy for long-term investment.
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
| Coforge's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 8491.17 (+3.42%) | Price Action: Chart |
| 2024 Target 2 | 8332.85 (+1.49%) | Fibonacci Extension Level 171.8% |
| 2024 Target 1 | 8238.50 (+0.34%) | Price Action: Nov 2024 High |
| Current Price | 8210.09 | Coforge's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 8200.56 (-0.12%) | Price Action: Chart |
| Stop Loss 2 | 8108.94 (-1.24%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 8025.89 (-2.25%) | Fibonacci Retracement Extended 61.8% |
Summary: Coforge Share Price Prediction For 2024
In summary, Coforge has surged by ₹1935.69, achieving a notable +30.85% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Coforge for 2024 predicts an additional rise of 0.34% to 3.42% by the end of 2024 with three potential targets T1: 8238.50, T2: 8332.85, T3: 8491.17. Stop Loss at SL1: 8200.56, SL2: 8108.94, SL3: 8025.89.
Coforge has a 52-week high of ₹8239.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹4287.25, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Coforge.
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.
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
| Coforge's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 10914.86 (+32.94%) | Custom Fibonacci Extension Lvl 82% |
| 2025 Target 2 | 10606.82 (+29.19%) | Fibonacci Extension Level 171.8% |
| 2025 Target 1 | 10350.82 (+26.07%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 8210.09 | Coforge's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 7702.00 (-6.19%) | Price Action: 30 Oct 2024 Low |
| Stop Loss 2 | 7618.79 (-7.21%) | Price Action: 25 Oct 2024 Low |
| Stop Loss 3 | 7518.70 (-8.43%) | Price Action: 04 Nov 2024 Low |
Summary: Coforge Share Price Prediction For 2025
In summary, Coforge has surged by ₹1935.69, achieving a notable +30.85% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Coforge for 2025 predicts an additional rise of 26.07% to 32.94% by the end of 2025 with three potential targets T1: 10350.82, T2: 10606.82, T3: 10914.86. Stop Loss at SL1: 7702.00, SL2: 7618.79, SL3: 7518.70.
Coforge has a All-Time high of ₹8239.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹4287.25, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Coforge, we have created a specific page for that check here: Coforge Share Price Target For Tomorrow & Next Week
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 Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Coforge share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.7% over the next 15 years.
For complete year by year Coforge long term share price target from 2024, 2025 to 2039 check the below table.
Coforge Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Coforge Target | YoY Change % |
|---|---|---|
| 2024 | ₹8,210.09 | [Current Price] |
| 2024 | ₹7,804.03 | -4.95% |
| 2025 | ₹11,159.99 | 43% |
| 2026 | ₹14,119.52 | 26.51% |
| 2027 | ₹16,719.86 | 18.41% |
| 2028 | ₹20,095.18 | 20.18% |
| 2029 | ₹22,885.3 | 13.88% |
| 2030 | ₹26,714.75 | 16.73% |
| 2031 | ₹29,509.23 | 10.46% |
| 2032 | ₹31,682.18 | 7.36% |
| 2033 | ₹35,348.11 | 11.57% |
| 2034 | ₹37,966.57 | 7.4% |
| 2035 | ₹42,269.51 | 11.33% |
| 2036 | ₹44,898.94 | 6.22% |
| 2037 | ₹46,644.5 | 3.88% |
| 2038 | ₹50,601.03 | 8.48% |
| 2039 | ₹53,231.84 | 5.19% |
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.
Coforge Past Performance
- In 2004, Coforge opening price was ₹124.9
- As of Thu 21 Nov 2024 the price stands at ₹8,210.09.
- This represents a Compound Annual Growth Rate (CAGR) of 22.06%.
- In 20 years, an investment of 10,000 would have become ₹6.57 Lakh.
As we wrap up, we hope you like our study on Coforge share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Coforge Share Price History
- Coforge Price Target Tomorrow
- Coforge Dividend History
- Coforge Bonus History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
