ideaForge Share Price Target 2024, 2025, 2030, 2040, 2050
ideaForge Technology Ltd., registered on the National Stock Exchange as IDEAFORGE, is a significant Indian drone manufacturer.
The Indian drone industry pioneer, founded by an IIT Bombay alumnus in 2007, serves military, homeland security, and corporate applications.
What is ideaForge Technology Ltd NSE: IDEAFORGE?
Contents
- 1 What is ideaForge Technology Ltd NSE: IDEAFORGE?
- 2 ideaForge share price Target 2024
- 3 ideaForge share price Target 2025
- 4 ideaForge share price Target 2030
- 5 share price Target 2040
- 6 Share Price Target 2050
- 7 Should I buy ideaForge stock?
- 8 ideaForge Technology Ltd earning results
- 9 Expert forecasts on the future of ideaForge Technology Ltd.
- 10 Is ideaForge stock good to buy? (bull case & bear case)
- 11 Conclusion
- 12 FAQs
ideaForge makes high performance surveillance, mapping, and security drones. Government organizations and business sector customers like the company goods for their dependability, durability, and innovative features.
The targeted price range for ideaForge shares in 2024 is between ₹650 to ₹900.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 650 | 900 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 650 | 780 |
| February | 660 | 790 |
| March | 670 | 800 |
| April | 680 | 820 |
| May | 690 | 840 |
| June | 700 | 860 |
| July | 720 | 880 |
| August | 740 | 900 |
| September | 760 | 900 |
| October | 750 | 890 |
| November | 740 | 880 |
| December | 730 | 870 |
The targeted price range for ideaForge shares in 2025 is between ₹740 to ₹1,100.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 740 | 1,100 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 740 | 950 |
| February | 750 | 970 |
| March | 740 | 990 |
| April | 760 | 1,010 |
| May | 780 | 1,030 |
| June | 800 | 1,050 |
| July | 820 | 1,070 |
| August | 840 | 1,090 |
| September | 860 | 1,100 |
| October | 850 | 1,090 |
| November | 840 | 1,080 |
| December | 830 | 1,070 |
The targeted price range for ideaForge shares in 2030 is between ₹1,800 to ₹2,200.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 1,800 | 2,200 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 1,800 | 1,900 |
| February | 1,850 | 1,950 |
| March | 1,900 | 2,000 |
| April | 1,950 | 2,050 |
| May | 2,000 | 2,100 |
| June | 2,050 | 2,150 |
| July | 2,100 | 2,200 |
| August | 2,150 | 2,200 |
| September | 2,200 | 2,200 |
| October | 2,150 | 2,180 |
| November | 2,100 | 2,150 |
| December | 2,050 | 2,120 |
The targeted price range for ideaForge shares in 2040 is between ₹3,500 to ₹4,500.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2040 | 3,500 | 4,500 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 3,500 | 3,800 |
| February | 3,600 | 3,900 |
| March | 3,700 | 4,000 |
| April | 3,800 | 4,100 |
| May | 3,900 | 4,200 |
| June | 4,000 | 4,300 |
| July | 4,100 | 4,400 |
| August | 4,200 | 4,500 |
| September | 4,300 | 4,500 |
| October | 4,200 | 4,450 |
| November | 4,100 | 4,400 |
| December | 4,000 | 4,350 |
The targeted price range for ideaForge shares in 2050 is between ₹6,000 to ₹8,000.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 6,000 | 8,000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 6,000 | 6,500 |
| February | 6,200 | 6,700 |
| March | 6,400 | 6,900 |
| April | 6,600 | 7,100 |
| May | 6,800 | 7,300 |
| June | 7,000 | 7,500 |
| July | 7,200 | 7,700 |
| August | 7,400 | 7,900 |
| September | 7,600 | 8,000 |
| October | 7,400 | 7,900 |
| November | 7,200 | 7,800 |
| December | 7,000 | 7,700 |
Should I buy ideaForge stock?
| Year | Minimum Price | Maximum Price |
| 2024 | 650 | 900 |
| 2025 | 740 | 1100 |
| 2030 | 1800 | 2200 |
| 2040 | 3500 | 4,500 |
| 2050 | 6000 | 8000 |
The stock of ideaForge Technology is presently valued at ₹680 but has had considerable decreases, falling 30.56% in the last year and 19.42% in the past month. The company may be expensive due to its high Price to Earnings (P/E) ratio of 105.36. Over the previous three years, revenue has grown 108%, yet the corporation does not pay dividends and has a 29.3% promoter ownership. Before buying, investors should assess growth potential against high valuation and previous performance patterns.
ideaForge Technology Ltd earning results
ideaForge has shown promising financial growth:
| Quarter | Revenue (Rs. Cr) | EBITDA (Rs. Cr) | Profit Before Tax (Rs. Cr) | Profit After Tax (Rs. Cr) | Net Profit Margin (%) |
| Q4 FY23 | 386.6 | ||||
| Q4 FY24 | 1023.0 | 202.5 | 141.4 | 103.3 | 10.1 |
Expert forecasts on the future of ideaForge Technology Ltd.
IdeaForge future is debated by industry experts:
- Analysts think the firm would gain from the developing drone industry in India and internationally.
- Some see export growth as ideaForge develops globally.
- Experts stress the significance of innovation in staying ahead.
- Long term success depends on the company diversifying its product line and penetrating new markets.
Is ideaForge stock good to buy? (bull case & bear case)
Bull Case:
- Top Indian drone market position
- Strong government backing for domestic drone manufacture
- Expanding drone use across industries
- International expansion potential
- Continuous R&D and product development investment
Bear Case:
- High value relative to conventional aerospace
- Regulatory uncertainty in the drone business may lead to more competition.
- Dependence on government contracts
- Rapid industrial change and technological threats
Conclusion
ideaForge Technology Ltd. is a leading drone manufacturer in India with excellent development prospects. The company innovation, product expansion, and market potential should encourage long term investors.
