Happiest Minds Technologies (Mid Cap) Share Target 2024, 2025 To 2039
|
Happiest Minds Technologies Limited |
|||
|
Price: ₹700.25 | ||
| 52 Week Low: ₹691.85 52 Week High: ₹961.00 |
|||
| Market Capital: 11,019.48 Crore (Midcap) | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Happiest Minds Technologies Share Price Target For 2024
- 1.1.1: Happiest Minds Technologies Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Happiest Minds Technologies Share Price Target For 2025
- 1.2.1: Happiest Minds Technologies Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Happiest Minds Technologies Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Happiest Minds Technologies Brief Company Overview
- 4: Happiest Minds Technologies Financial Performance
- 4.0.1: Is Happiest Minds Technologies A Good Buy For Long Term?
To predict the Happiest Minds Technologies'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
Happiest Minds Technologies Share Price Target For 2024
The line chart displays the monthly closing prices of Happiest Minds Technologies 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 Happiest Minds Technologies shares in 2024, see the table below.
Happiest Minds Technologies Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 733.6 (+4.76%) | Price Action: 20 Dec 2024 High |
| 2024 Target 2 | 726.15 (+3.69%) | Price Action: 22 Nov 2024 High |
| 2024 Target 1 | 718.0 (+2.53%) | Price Action: Nov 2024 Low |
| Current Price | 700.25 | Happiest Minds Technologies's share price as of 20 Dec 2024 |
| Stop Loss 1 | 693.34 (-0.99%) | Fibonacci Retracement Level 98.60% |
| Stop Loss 2 | 686.41 (-1.98%) | Price Action: Chart |
| Stop Loss 3 | 665.03 (-5.03%) | Fibonacci Retracement Level 28.20% |
Short-Term Technical Outlook
Current Technical Position: Happiest Minds Technologies is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹739.09 serves as the nearest technical reference point.
Historical Returns: 3-month: -13.08% | 6-month: -13.71% | 1-year: -21.30%
Happiest Minds Technologies Share Price Target For 2025
The line chart displays the monthly closing prices of Happiest Minds Technologies 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 Happiest Minds Technologies shares in 2025, see the table below.
Happiest Minds Technologies Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 895.82 (+27.92%) | Price Action: Chart |
| 2025 Target 2 | 879.12 (+25.54%) | Price Action: Chart |
| 2025 Target 1 | 870.42 (+24.30%) | Fibonacci Extension Level 64.90% |
| Current Price | 700.25 | Happiest Minds Technologies's share price as of 20 Dec 2024 |
| Stop Loss 1 | 658.81 (-5.92%) | Price Action: Chart |
| Stop Loss 2 | 652.22 (-6.86%) | Price Action: Chart |
| Stop Loss 3 | 640.48 (-8.54%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Happiest Minds Technologies is currently trading near its 52-week low of ₹691.85, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -21.30% | 3-year: -44.83% | 5-year: NA
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
Happiest Minds Technologies Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹700.25 | ||
| 2024 | ₹766.62 | +9.48% | ₹778.12 |
| 2025 | ₹633.25 | -17.40% | ₹766.34 |
| 2026 | ₹527.01 | -16.78% | ₹641.41 |
| 2027 | ₹518.10 | -1.69% | ₹525.87 |
| 2028 | ₹582.35 | +12.40% | ₹591.59 |
| 2029 | ₹516.37 | -11.33% | ₹563.34 |
| 2030 | ₹527.38 | +2.13% | ₹547.25 |
| 2031 | ₹562.44 | +6.65% | ₹572.65 |
| 2032 | ₹531.90 | -5.43% | ₹558.62 |
| 2033 | ₹572.51 | +7.63% | ₹581.10 |
| 2034 | ₹537.79 | -6.06% | ₹555.13 |
| 2035 | ₹533.16 | -0.86% | ₹541.16 |
| 2036 | ₹584.74 | +9.67% | ₹595.21 |
| 2037 | ₹571.84 | -2.21% | ₹621.69 |
| 2038 | ₹594.17 | +3.90% | ₹603.08 |
| 2039 | ₹577.18 | -2.86% | ₹585.84 |
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.
Happiest Minds Technologies Brief Company Overview
Happiest Minds Technologies Limited: An Overview Happiest Minds Technologies Limited is an Indian IT solutions provider serving clients across India, the US, and other global regions. Founded in 2011 and headquartered in Bengaluru, Happiest Minds has established itself as...
a reputable player in the industry. Key Offerings: IT solutions and services, including infrastructure management, digital business solutions, and product engineering services. Diverse Product Range: Security services, enterprise applications, IoT solutions, analytics/AI solutions, and digital process automation. Commitment to Innovation: Focus on integrating emerging technologies such as mobile, cloud, and social media into client solutions. Happiest Minds' commitment to customer satisfaction and innovation has earned it a loyal client base and recognition in the industry.Happiest Minds Technologies Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 11,019.48 Crore | Market valuation of Happiest Minds Technologies's shares. |
| Revenue (TTM) | 1,829.22 Crore | Total revenue generated by Happiest Minds Technologies over the past twelve months. |
| Net Income (TTM) | +2,321,499,904.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +23.20% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +12.69% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+35.79% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-28.80% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.34 | Company's total debt divided by total shareholder equity. |
| Total Debt | 512.19 Crore | Sum of Happiest Minds Technologies's current & long-term financial obligations. |
| Total Cash | 114.7 Crore | Total amount of liquid funds available to Happiest Minds Technologies. |
Is Happiest Minds Technologies A Good Buy For Long Term?
Happiest Minds Technologies, a mid-cap stock with a market capitalization of ₹11,019.48 crore, presents a mixed picture for long-term investors. While its ₹1,829.22 crore revenue (TTM) and ₹232.14 crore net profit (12.69% profit margin) are noteworthy, a significant debt of ₹512.19 crore (Q1 2024-25) offsets its ₹114.7 crore cash balance. Negative year-on-year and YTD returns (-28.8% and -19.50% respectively) raise concerns. Although past 3-year returns are positive (109.53%), the recent performance suggests caution. Therefore, it's currently an average buy, warranting further analysis before a long-term investment decision.
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.
