Tata Motors Ltd (TTM) Forecast, Price Target & Analyst Ratings

NYSE:TTM • US8765685024

Current stock price

25.14 USD
+0.26 (+1.05%)
At close:
24.75 USD
-0.39 (-1.55%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Tata Motors Ltd (TTM).

Forecast Snapshot

Consensus Price Target

Price Target
$30.29
+ 20.47% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 10, 2023
Period
Q1 / 2024
EPS Estimate
₹58.23
Revenue Estimate
868.39B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
83.78%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$30.29
Upside
+ 20.47%
From current price of $25.14 to mean target of $30.29, Based on 37 analyst forecasts
Low
$19.56
Median
$31.00
High
$36.36

Price Target Revisions

1 Month
0.23%
3 Months
-7.13%

Price Target Summary

37 Wall Street analysts provided a forecast for the next 12 months for TTM. The average price target is 30.29 USD. This implies a price increase of 20.47% is expected in the next year compared to the current price of 25.14.
The average price target has been revised downward by 7.13% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

TTM Current Analyst RatingTTM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

TTM Historical Analyst RatingsTTM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
83.78%
TTM was analyzed by 37 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about TTM.
In the last month the buy percentage rose by 6 points. So the trust of analysts is improving.
TTM was analyzed by 37 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-02-17JP MorganInitiate Overweight
2021-10-07Morgan StanleyUpgrade Equal-Weight -> Overweight
2021-07-30Geojit BNP ParibasMaintains Sell
2021-07-27ICICI Securities LimitedMaintains Buy
2021-07-27Motilal OswalMaintains Buy
2021-07-06ICICIdirect.comMaintains Buy
2021-07-06Motilal OswalMaintains Buy
2021-06-15Motilal OswalMaintains Buy
2021-06-06EdelweissMaintains Buy
2021-05-21Geojit BNP ParibasMaintains Buy
2021-05-21Geojit Financial ServicesMaintains Buy
2021-05-19ICICIdirect.comMaintains Buy
2021-05-19Prabhudas LilladherMaintains Reduce
2021-05-19HDFC SecuritiesMaintains Buy
2021-05-19ICICI Securities LimitedMaintains Buy
2021-05-19Motilal OswalMaintains Buy
2021-05-19SMC onlineMaintains
2021-04-15Motilal OswalMaintains Buy
2021-03-18HDFC SecuritiesMaintains Buy
2021-03-01Prabhudas LilladharMaintains Sell
2021-02-28ICICIdirect.comMaintains Buy
2021-02-27Motilal OswalMaintains Buy
2021-02-23ICICIdirect.comMaintains Buy
2021-02-23Motilal OswalMaintains Buy
2021-02-22Prabhudas LilladherMaintains Reduce

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 10, 2023
Period
Q1 / 2024
EPS Estimate
₹58.23
Revenue Estimate
868.39B
Revenue Q2Q
20.72%
EPS Q2Q
168.68%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

TTM is expected to report earnings on 5/10/2023. The consensus EPS estimate for the next earnings is 58.23 USD and the consensus revenue estimate is 868.39B USD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
TTM revenue by date.TTM revenue by date.
2.611T
-13.54%		2.498T
-4.32%		2.785T
11.47%		3.331T
19.64%		3.936T
18.14%		4.335T
10.13%
EBITDA
YoY % growth
TTM ebitda by date.TTM ebitda by date.
201.166B
-17.01%		291.38B
44.85%		247.652B
-15.01%		328.184B
32.52%		487.517B
48.55%		568.672B
16.65%
EBIT
YoY % growth
TTM ebit by date.TTM ebit by date.
-13.088B
-301.54%		55.913B
527.21%		-705.4M
-101.26%		76.616B
10,961.36%		215.988B
181.91%		256.797B
18.89%
Operating Margin
TTM operating margin by date.TTM operating margin by date.
-0.50%2.24%-0.03%2.30%5.49%5.92%
EPS
YoY % growth
TTM eps by date.TTM eps by date.
-130.22
-1,098.08%		0.70
100.54%		-141.17
-20,271.43%		-55.51
60.68%		150.45
371.03%		213.92
42.19%

All data in INR

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		58.23
168.68%		48.41
394.37%		46.37
20.32%		22.03
Revenue
Q2Q % growth		868.39B
20.72%		1.021T
28.21%		1.031T
21.16%		N/A
EBITDA
Q2Q % growth		71.094B
-8.00%		N/AN/AN/A
EBIT
Q2Q % growth		63.313B
381.65%		71.401B
1,056.87%		60.565B
69.28%		N/A

All data in INR

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TTM Yearly Revenue VS EstimatesTTM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1T 2T 3T 4T
TTM Yearly EPS VS EstimatesTTM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100 -100 200

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
52.05%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
15.23%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
246.06%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Tata Motors Ltd / TTM Forecast FAQ

What do analysts expect the price target to be for Tata Motors Ltd (TTM)?

37 analysts have analysed TTM and the average price target is 30.29 USD. This implies a price increase of 20.47% is expected in the next year compared to the current price of 25.14.

When does Tata Motors Ltd (TTM) report earnings?

Tata Motors Ltd (TTM) will report earnings on 2023-05-10, after the market close.

Can you provide the consensus estimates for Tata Motors Ltd next earnings?

The consensus EPS estimate for the next earnings of Tata Motors Ltd (TTM) is 58.23 USD and the consensus revenue estimate is 868.39B USD.

What is the consensus rating for Tata Motors Ltd (TTM) stock?

The consensus rating for Tata Motors Ltd (TTM) is 83.7838 / 100 . This indicates that analysts generally have a positive outlook on the stock.