L&T Technology Services Limited (NSE:LTTS) Just Reported, And Analysts Assigned A ₹4,713 Price Target

As you might know, L&T Technology Services Limited (NSE:LTTS) recently reported its yearly numbers. Revenues of ₹107b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at ₹119, missing estimates by 3.3%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

Our free stock report includes 1 warning sign investors should be aware of before investing in L&T Technology Services. Read for free now.

Following the latest results, L&T Technology Services' 29 analysts are now forecasting revenues of ₹123.3b in 2026. This would be a notable 16% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to ascend 15% to ₹137. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹125.9b and earnings per share (EPS) of ₹145 in 2026. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a small dip in earnings per share estimates.

Check out our latest analysis for L&T Technology Services

It'll come as no surprise then, to learn that the analysts have cut their price target 6.2% to ₹4,713. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on L&T Technology Services, with the most bullish analyst valuing it at ₹6,530 and the most bearish at ₹3,400 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 16% growth on an annualised basis. That is in line with its 15% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 14% annually. It's clear that while L&T Technology 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 the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of L&T Technology Services' future valuation.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for L&T Technology Services going out to 2028, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 1 warning sign for L&T Technology Services you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.