Azure Power Global Limited
Azure Power Global Limited (AZREF) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
azref · stock forecast · 6 analysts (3M) · FMP · updated Mar 27, 2026
Analyst Rating & Consensus
Based on 6 Wall Street analysts in the past 3 months
Buy
6 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$0.00
Consensus
$0.00
+0.0% upside
Low
$0.00
Median: $0 · Last Close: $1.00
Short-Term Price Prediction
Low ActivityAlgorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $0.99 | ↓ 0.60% |
1-day model range: $0.99–$0.99. Peak: $0.99 (-0.60%).
Long-Term Stock Price Prediction
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Insufficient Trading Activity — Sentiment Signals Disabled
This stock has very low trading volume (ZOMBIE condition). Sentiment analysis requires sufficient price action. RSI and MACD values below are still shown for reference.
Moving Averages · AZREF · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2023-01-12 | Credit Suisse | Maintains | Underperform→Underperform |
| 2022-09-01 | RBC Capital | Downgrade ↓ | Outperform→Sector Perform |
| 2022-08-29 | Credit Suisse | Downgrade ↓ | Outperform→Underperform |
| 2022-03-02 | RBC Capital | Maintains | Outperform→Outperform |
| 2021-08-31 | Barclays | Maintains | Overweight→Overweight |
| 2021-08-31 | Roth Capital | Maintains | Buy→Buy |
| 2021-06-16 | Barclays | Maintains | Overweight→Overweight |
| 2020-11-11 | Roth Capital | Maintains | Buy→Buy |
| 2020-10-19 | Credit Suisse | Maintains | Outperform→Outperform |
| 2020-09-27 | HSBC | Downgrade ↓ | Buy→Hold |
Wall Street analysts have recently issued updated ratings on Azure Power Global Limited (AZREF) stock. Of the recent 15 rating actions, 1 were upgrades and 3 were downgrades. 6 analysts currently cover AZREF.
Analyst Recommendation Trends
AZREF analyst recommendation trends show decreasing buy-side sentiment over the past 6 months. Buy rating actions changed from 1 to 0 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$15.3B
↓ 31.8% YoY
Revenue Next Year
$18.7B
↑ 22.0% YoY
EPS This Year
$-23.18
EPS Next Year
$0.84
↓ 103.6% YoY
EPS ForecastReported vs Estimated
Analysts forecast AZREF EPS of $-23.18 for the current fiscal year, based on estimates from 1 analysts. The AZREF revenue forecast is $15.3B for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The AZREF stock forecast is supported by two independent data sources: analyst consensus ratings from 6 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus AZREF price target is $0.00 (+0.0% upside), with an analyst consensus of Buy.
The AZREF short-term stock prediction for tomorrow is $0.99 (-0.60%).
Azure Power Global Limited trades on OTC under the ticker AZREF. The AZREF stock outlook for 2027 is broadly positive, supported by a Buy consensus among 50% of covering analysts.
Frequently asked questions
AZREF forecast · 8 questionsAccording to 6 Wall Street analysts, the average 12-month AZREF price target is $0.00, with a high forecast of $0.00 and a low of $0.00. The median price target is shown in the chart above when available. This implies +0.0% potential upside from the current price of $1.00.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.