Coforge Share Price Target 2026: Multiple brokerages have reviewed the performance of IT firm Coforge after the company on Tuesday reported a multifold surge in consolidated net profit at Rs 612.3 crore for January-March FY26. The company had posted a net profit (attributable to owners of the company) of Rs 261.2 crore for the year-ago period.
Emkay, Nuvama, Nirmal Bang and Morgan Stanley have given target prices for the IT stock. One of the targets is up to 88.36 per cent upside from the current market price of the stock.
Coforge Q4 Results FY26
According to a regulatory filing, revenue from operations grew 30 per cent to Rs 4,450.4 crore in Q4 FY26, from Rs 3,422.2 crore a year ago.
On a quarter-on-quarter basis, profit more than doubled and revenue grew 5.2 per cent during the period under review.
For the full fiscal year FY26, net profit came in at Rs 1,555.7 crore, a 91.5 per cent increase from Rs 812.1 crore in FY25, primarily due to gains from the sale of stake in Coforge Advantage Go last year. Revenue from operations stood 35.8 per cent higher at Rs 16,402.7 crore during the fiscal.
Target Price (TP): Rs 1,543 | Upside: 32.0%
Morgan Stanley on Coforge
