TATA CONSULTANCY SERVICES (TCS) SHARE PRICE TARGET 2024, 2025, 2026 to 2030

Tata Consultancy Services (TCS) is a leading Indian multinational IT services and consulting company headquartered in Mumbai. With operations in 150 locations across 46 countries, TCS has been a trusted partner to global businesses for over 50 years.

Offering a wide range of services and solutions, TCS leverages cutting-edge technologies to drive business transformation. With a workforce of over 600,000 professionals, TCS combines industry expertise and innovation to deliver exceptional results. As the flagship company of the Tata Group, TCS upholds the values of integrity, excellence, and social responsibility.

With such strong results, it makes sense why investors are considering TCS as a possible stock purchase. What does this IT powerhouse’s future hold, though? In this piece, we’ll examine TCS’s share price target for the years 2024 to 2030 and assess if it would be a wise addition to your portfolio.

TCS Q3 FY 2023-24 Results Summary

  • Net profit increased by 2% YoY to reach Rs 11,058 crore, though it showed a marginal 2.5% decline sequentially.
  • Consolidated revenue rose by 4% YoY to Rs 60,583 crore.
  • The EBIT margin expanded to 25%, up from 24.3% in the previous quarter.
  • The TCS board approved a dividend of Rs 27 per share, including a special dividend of Rs 18 for FY 2023-24.
  • CEO K Krithivasan highlighted a strong performance in a seasonally weak quarter, emphasizing the robust business model and a well-diversified portfolio.
  • Strong deal momentum across markets with a solid order book providing visibility into long-term growth.
  • TCS is leading innovation and exploratory efforts in Generative AI, witnessing significant interest.
  • The Total Contract Value (TCV) was reported at $8.1 billion, falling below the quarterly guidance range of $9-10 billion.
  • Significant progress was made in projects of national importance, showcasing execution strength.
  • Products and platforms had a strong quarter with new wins and go-lives.
  • TCS is making progress in upskilling employees in Generative AI through the AI playground platform.
  • The company saw a decline in headcount for a second consecutive quarter, down by 5,680 in Q3

How to purchase Tata Consultancy Services shares?

Below are the trading platforms that you can use to purchase Tata Consultancy Services shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

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Tata Consultancy Services Share Price Prediction: 2024 – 2030

TCS Share Price Target 2024

When Maximum Price Minimum Price
January 2024 4,105.08 3,569.63
February 2024 4,188.86 3,642.48
March 2024 4,274.34 3,716.82
April 2024 4,149.85 3,608.56
May 2024 4,088.52 3,555.24
June 2024 4,235.71 3,683.22
July 2024 4,193.35 3,646.39
August 2024 4,361.08 3,792.25
September 2024 4,535.53 3,943.94
October 2024 4,446.60 3,866.61
November 2024 4,579.99 3,982.60
December 2024 4,694.49 4,082.17

Tata Consultancy Services (TCS) is expected to witness a fluctuating share price in 2024. The projected range for the year varies from a minimum of ₹3,555.24 in May to a maximum of ₹4,694.49 in December.

The current market capitalization stands at ₹13,91,572 Cr., with a current share price of ₹3,801. TCS has a P/E ratio of 30.5, a book value of ₹275, and offers a dividend yield of 1.26%. The stock’s high/low for the year is recorded at ₹3,965/₹3,070.

TCS Share Price Target 2025

When Maximum Price Minimum Price
January 2025 4,788.38 3,683.37
February 2025 4,911.16 3,777.82
March 2025 5,102.70 3,925.15
April 2025 5,002.65 3,848.19
May 2025 4,856.94 3,736.11
June 2025 5,075.50 3,904.23
July 2025 4,975.98 3,827.68
August 2025 5,129.88 3,946.06
September 2025 5,309.42 4,084.17
October 2025 5,447.47 4,190.36
November 2025 5,583.65 4,295.12
December 2025 5,723.24 4,402.50

In 2025, Tata Consultancy Services (TCS) is anticipated to experience fluctuations in its share price, ranging from a minimum of ₹3,683.37 in January to a maximum of ₹5,723.24 in December. These projections suggest potential market volatility throughout the year.

TCS Share Price Target 2026

When Maximum Price Minimum Price
January 2026 5,894.94 4,534.57
February 2026 6,046.09 4,650.84
March 2026 6,281.89 4,832.22
April 2026 6,158.72 4,737.47
May 2026 5,979.34 4,599.49
June 2026 6,248.41 4,806.47
July 2026 6,125.89 4,712.22
August 2026 6,315.35 4,857.96
September 2026 6,536.39 5,027.99
October 2026 6,706.33 5,158.72
November 2026 6,873.99 5,287.69
December 2026 7,045.84 5,419.88

In 2026, Tata Consultancy Services (TCS) is anticipated to witness a potential uptrend in its share price, with projections ranging from a minimum of ₹4,534.57 in January to a maximum of ₹7,045.84 in December. These estimates suggest a positive trajectory and potential market growth throughout the year.

TCS Share Price Target 2027

When Maximum Price Minimum Price
January 2027 7,186.76 5,528.28
February 2027 7,371.03 5,670.03
March 2027 7,658.50 5,891.16
April 2027 7,508.34 5,775.64
May 2027 7,289.65 5,607.42
June 2027 7,617.68 5,859.76
July 2027 7,468.32 5,744.86
August 2027 7,699.30 5,922.53
September 2027 7,968.77 6,129.82
October 2027 8,175.96 6,289.20
November 2027 8,380.36 6,446.43
December 2027 8,589.87 6,607.59

TCS Share Price Target 2028

When Maximum Price Minimum Price
January 2028 8,761.66 6,739.74
February 2028 8,986.32 6,912.56
March 2028 9,336.79 7,182.14
April 2028 9,153.71 7,041.32
May 2028 8,887.10 6,836.23
June 2028 9,287.02 7,143.86
July 2028 9,104.92 7,003.79
August 2028 9,386.52 7,220.40
September 2028 9,715.05 7,473.11
October 2028 9,967.64 7,667.41
November 2028 10,216.83 7,859.10
December 2028 10,472.25 8,055.58

TCS Share Price Target 2029

When Maximum Price Minimum Price
January 2029 10,681.69 8,216.69
February 2029 10,955.58 8,427.37
March 2029 11,382.85 8,756.04
April 2029 11,159.66 8,584.35
May 2029 10,834.62 8,334.32
June 2029 11,322.18 8,709.37
July 2029 11,100.17 8,538.59
August 2029 11,443.48 8,802.68
September 2029 11,844.00 9,110.77
October 2029 12,151.94 9,347.65
November 2029 12,455.74 9,581.34
December 2029 12,767.14 9,820.87

TCS Share Price Target 2030

When Maximum Price Minimum Price
January 2030 13,022.48 10,017.29
February 2030 13,356.39 10,274.14
March 2030 13,877.29 10,674.84
April 2030 13,605.18 10,465.53
May 2030 13,208.92 10,160.70
June 2030 13,803.32 10,617.94
July 2030 13,532.66 10,409.74
August 2030 13,951.20 10,731.69
September 2030 14,439.49 11,107.30
October 2030 14,814.92 11,396.09
November 2030 15,185.29 11,680.99
December 2030 15,564.92 11,973.02

Financial Condition of Tata Consultancy Services: Last 5 years

Year Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Sales

(Crore Rs.)

146,463 156,949 164,177 191,754 225,458 232,081
Expenses
(Crore Rs.)
106,957 114,840 117,631 138,697 166,199 171,240
Operating Profit
(Crore Rs.)
39,506 42,109 46,546 53,057 59,259 60,841
OPM % 27% 27% 28% 28% 26% 26%
Other Income
(Crore Rs.)
4,311 4,592 1,916 4,018 3,449 4,057
Interest
(Crore Rs.)
198 924 637 784 779 743
Depreciation
(Crore Rs.)
2,056 3,529 4,065 4,604 5,022 5,035
Profit before tax
(Crore Rs.)
41,563 42,248 43,760 51,687 56,907 59,120
Tax % 24% 23% 26% 26% 26% 26%
Net Profit
(Crore Rs.)
31,562 32,447 32,562 38,449 42,303 43,904
EPS in Rs 83.87 86.19 87.67 104.75 115.19 119.54
Dividend Payout % 36% 85% 43% 41% 100%

Motilal Oswal on Tata Consultancy Services share price target

Motilal Oswal recommends purchasing Tata Consultancy Services with a target price of Rs 4250.

FAQS

What is the current share price of TCS?

The current share price of TCS is subject to change as it depends on various market factors. Although it currently is Rs 3,801 as of 29th January 2024.

What was the highest TCS share price in the last five years?

The highest TCS share price in the last five years was ₹4,045 on 14th January 2022.

What was the lowest TCS share price in the last five years?

The lowest TCS share price in the last five years was ₹1,654 in April 2020.

How has TCS performed financially in the last five years?

TCS has shown a steady increase in revenue and profit growth in the last five years.

Can TCS reach a share price of 20000 INR by 2025?

As per our recommendation, TCS may not reach 20,000 INR by 2025. The maximum TCS can reach by 2025 is ₹5,129.88

Is TCS a good stock to buy?

TCS is a reputable and profitable company with a strong track record, making it a good stock to consider for long-term investment.

What is TCS’s dividend payout ratio?

TCS’s dividend payout ratio has varied from 36 to 100% over the years but has been around 40% in recent years.

How can an investor keep track of TCS’s share price target?

An investor can keep track of TCS’s share price target through financial news and analysis, monitoring the company’s financial reports, and consulting with financial advisors.

What is TCS’s share price target for 2025?

TCS’ share price target for 2025 indicates the share could be trading in the range of 5,723.24 and 3,683.37

What is TCS’s share price target for 2030?

Tata Consultancy Services’ share price target for 2030 indicates the share could be trading in the range of ₹15,564.92 and ₹10,017.29. 

Check other IT Company’s share price targets

Conclusion: Navigating TCS’s Trajectory and Investment Potential

Summarizing the journey of Tata Consultancy Services (TCS), a cornerstone in the IT services realm, the Q3 FY 2023-24 results underscore resilience and adaptability. Despite macroeconomic headwinds, TCS achieved a 2% YoY increase in net profit to Rs 11,058 crore and a 4% YoY rise in consolidated revenue to Rs 60,583 crore. CEO K Krithivasan’s emphasis on a robust business model and strong deal momentum positions TCS for sustained growth.

The share price targets for 2024-2030 project a fluctuating yet positive trajectory, signaling potential returns amidst market dynamics. TCS, a beacon of integrity and innovation, stands as a compelling investment option. The Motilal Oswal recommendation to buy, with a target price of Rs 4250, further validates TCS’s growth potential. As investors navigate the IT landscape, monitoring TCS’s strategic moves and market shifts becomes crucial for informed decisions.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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