Investors in Tata Consultancy Services Limited ( NSE:TCS ) had a good week, as its shares rose 3.9% to close at ₹2,156 following the release of its quarterly results. Tata Consultancy Services reported in line with analyst predictions, delivering revenues of ₹732b and statutory earnings per share of ₹38.37, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company.
We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. NSEI:TCS Earnings and Revenue Growth October 11th 2026 Taking into account the latest results, the current consensus from Tata Consultancy Services' 43 analysts is for revenues of ₹2.93t in 2027.
This would reflect a credible 3.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 7.5% to ₹153. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹2.91t and earnings per share (EPS) of ₹154 in 2027.
So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. Check out our latest analysis for Tata Consultancy Services There were no changes to revenue or earnings estimates or the price target of ₹2,394, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean.
There are some variant perceptions on Tata Consultancy Services, with the most bullish analyst valuing it at ₹3,266 and the most bearish at ₹1,800 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 7.2% growth on an annualised basis. That is in line with its 8.0% annual growth over the past five years.
Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 6.2% per year. It's clear that while Tata Consultancy Services' revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself. The Bottom Line The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates.
Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at ₹2,394, with the latest estimates not enough to have an impact on their price targets. With that in mind, we wouldn't be too quick to come to a conclusion on Tata Consultancy Services.
Long-term earnings power is much more important than next year's profits. We have forecasts for Tata Consultancy Services going out to 2029, and you can see them free on our platform here. We also provide an overview of the Tata Consultancy Services Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here .
Valuation is complex, but we're here to simplify it. Discover if Tata Consultancy Services might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition. Access Free Analysis Have feedback on this article?
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Source: Simply Wall Street
