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NEWGEN Share Price Target 2024, 2025, 2026 to 2039 With Charts
Newgen Software Technologies Limited | |||
 | Symbol: NEWGEN | ||
| Price: ₹1,101.8 | |||
| Exchange: NSE | |||
| Technology -> Software—Application | |||
Show Table of Contents
Table of Contents
- 1: NEWGEN Brief Company Overview
- 1.1: Newgen Software Technologies Limited: A Leading Software Provider
- 1.2: NEWGEN Financial Performance
- 1.2.1: Is NEWGEN A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: NEWGEN Share Price Target For 2024
- 2.1.1: NEWGEN Share Price Target Table For 2024
- 2.1.2: Summary: NEWGEN Share Price Prediction For 2024
- 2.2: NEWGEN Share Price Target For 2025
- 2.2.1: NEWGEN Share Price Target Table For 2025
- 2.2.2: Summary: NEWGEN Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: NEWGEN Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: NEWGEN Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: NEWGEN Past Performance
NEWGEN Brief Company Overview
Newgen Software Technologies Limited: A Leading Software Provider
Founded in 1992, Newgen Software Technologies Limited is a renowned software company providing innovative products and solutions globally. Their diverse product range includes:
- Enterprise Content Management: Managing the lifecycle of enterprise content.
- Business Process Management: Streamlining workflows with process automation.
- Customer Communication Management: Managing customer communications across multiple channels.
- Case Management: Handling business cases through a software-based approach.
- Digital Process Automation: Providing end-to-end automated solutions in real-time.
Newgen is committed to providing cutting-edge software solutions that cater to a wide range of industries, including financial institutions, insurance, healthcare, government, and telecom.
NEWGEN Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 17,679.39 Crore | Market valuation of NEWGEN's shares. |
| Revenue (TTM) | 1,374.79 Crore | Total revenue generated by NEWGEN over the past twelve months. |
| Net Income (TTM) | +291.51 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 20.76% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 21.2% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +23.2% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +47.2% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 3.33 | Company's total debt divided by total shareholder equity. |
| Total Debt | 43.26 Crore | Sum of NEWGEN's current & long-term financial obligations. |
| Total Cash | 727.9 Crore | Total amount of liquid funds available to NEWGEN. |
| Beta | 1.24 | Beta is greater than 1 indicating that the NEWGEN's price is more volatile than the market. |
Is NEWGEN A Good Buy For Long Term?
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To predict the NEWGEN'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
NEWGEN Share Price Target For 2024
The line chart displays the monthly closing prices of NEWGEN 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 NEWGEN shares in 2024, see the table below.
NEWGEN Share Price Target Table For 2024
| NEWGEN's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1134.90 (+3%) | Price Action: Aug 2024 High |
| 2024 Target 2 | 1120.51 (+1.69%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 1 | 1106.19 (+0.39%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 1101.80 | NEWGEN's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 1095.48 (-0.58%) | Price Action: Chart |
| Stop Loss 2 | 1078.89 (-2.08%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 1064.52 (-3.39%) | Fibonacci Retracement Extended 40% |
Summary: NEWGEN Share Price Prediction For 2024
In summary, NEWGEN has declined by ₹-460.45, recording a notable -29.47% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of NEWGEN for 2024 predicts an additional rise of 0.39% to 3% by the end of 2024 with three potential targets T1: 1106.19, T2: 1120.51, T3: 1134.90. Stop Loss at SL1: 1095.48, SL2: 1078.89, SL3: 1064.52.
NEWGEN has a 52-week high of ₹1548.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹617.50, 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 NEWGEN.
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NEWGEN Share Price Target For 2025
The line chart displays the monthly closing prices of NEWGEN 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 NEWGEN shares in 2025, see the table below.
NEWGEN Share Price Target Table For 2025
| NEWGEN's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1777.26 (+61.3%) | Price Action: Chart |
| 2025 Target 2 | 1744.12 (+58.29%) | Price Action: Chart |
| 2025 Target 1 | 1726.85 (+56.72%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 1101.80 | NEWGEN's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 951.83 (-13.62%) | Technical Indicator: MA250 |
| Stop Loss 2 | 942.31 (-14.48%) | Price Action: Chart |
| Stop Loss 3 | 925.35 (-16.02%) | Price Action: Chart |
Summary: NEWGEN Share Price Prediction For 2025
In summary, NEWGEN has declined by ₹-460.45, recording a notable -29.47% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of NEWGEN for 2025 predicts an additional rise of 56.72% to 61.3% by the end of 2025 with three potential targets T1: 1726.85, T2: 1744.12, T3: 1777.26. Stop Loss at SL1: 951.83, SL2: 942.31, SL3: 925.35.
NEWGEN has a All-Time high of ₹1645.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹617.50, 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 NEWGEN, we have created a specific page for that check here: NEWGEN Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
NEWGEN Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of NEWGEN share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.2% over the next 15 years.
For complete year by year NEWGEN long term share price target from 2024, 2025 to 2039 check the below table.
NEWGEN Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | NEWGEN Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,101.8 | [Current Price] |
| 2024 | ₹1,382.34 | 25.46% |
| 2025 | ₹1,892.04 | 36.87% |
| 2026 | ₹2,560.35 | 35.32% |
| 2027 | ₹3,082.44 | 20.39% |
| 2028 | ₹3,318.2 | 7.64% |
| 2029 | ₹4,112.07 | 23.92% |
| 2030 | ₹4,570.46 | 11.14% |
| 2031 | ₹5,385.09 | 17.82% |
| 2032 | ₹5,868.44 | 8.97% |
| 2033 | ₹5,858.16 | -0.18% |
| 2034 | ₹6,841.8 | 16.79% |
| 2035 | ₹7,248.87 | 5.94% |
| 2036 | ₹8,209.83 | 13.25% |
| 2037 | ₹8,654.44 | 5.41% |
| 2038 | ₹8,398.11 | -2.97% |
| 2039 | ₹8,873.51 | 5.66% |
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NEWGEN Past Performance
- In 2018, NEWGEN opening price was ₹245
- As of Thu 21 Nov 2024 the price stands at ₹1,101.8.
- This represents a Compound Annual Growth Rate (CAGR) of 23.96%.
- In 6 years, an investment of 10,000 would have become ₹44,971.42.
As we wrap up, we hope you like our study on NEWGEN 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.
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.
