The largest two-wheeler producer in the world, Hero MotoCorp, has dominated the Indian two-wheeler market for many years. Hero MotoCorp has been able to keep a monopoly on the market because to a strong brand presence, a wide range of products, and a solid distribution system. Investors and industry professionals are curious to learn about the company’s performance in the upcoming years as we look to the future. In this post, we’ll examine the trends and other elements that might have an impact on Hero MotoCorp’s anticipated share price between 2023 and 2030. We will offer insights into the possible trajectory of Hero MotoCorp’s stock price in the coming 10 years by examining the company’s financial performance, its growth prospects, and the macroeconomic environment.
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Contents
HERO MOTOCORP IN RECENT NEWS
- In the past month, Hero MotoCorp’s shares have fallen by 10% and dipped below the Rs 2,500 mark.
- By purchasing ₹106m worth of Hero MotoCorp Limited (NSE:HEROMOTOCO) stock this year, insiders have made a profitable decision, currently sitting on ₹11m in profit.
- Despite the market trend, Hero MotoCorp’s shares have performed well as the motorcycle manufacturer impresses investors with sales that exceeded expectations.
HERO MOTOCORP SHARE PRICE TARGET 2023
| HERO MOTOCORP SHARE PRICE TARGET | Maximum Price | Minimum Price |
| March 2023 | ₹2,440.30 | ₹1,877.15 |
| April 2023 | ₹2,684.33 | ₹2,064.87 |
| May 2023 | ₹2,236.94 | ₹1,720.72 |
| June 2023 | ₹2,684.33 | ₹2,064.87 |
| July 2023 | ₹3,221.20 | ₹2,477.84 |
| August 2023 | ₹3,543.32 | ₹2,725.63 |
| September 2023 | ₹3,720.48 | ₹2,861.91 |
| October 2023 | ₹3,543.32 | ₹2,725.63 |
| November 2023 | ₹3,897.65 | ₹2,998.19 |
| December 2023 | ₹4,365.36 | ₹3,357.97 |
We can see a consistent uptrend in the share prices throughout the year. In March 2023, the minimum price is predicted to be ₹1,877.15, while the maximum price is estimated to be ₹2,440.30, showing an increase of around 30% from the minimum price. This bullish trend continues throughout the year, with the maximum price for December 2023 predicted to be ₹4,365.36 and the minimum price estimated to be ₹3,357.97, reflecting a growth percentage of around 30%.
These predictions suggest a positive outlook for HERO MOTOCORP’s stock performance in 2023. Investors and analysts can look forward to a potentially profitable year for the company, as it continues to leverage its strong brand presence and well-established distribution network to expand its market share in India’s two-wheeler industry. However, it is important to keep in mind that market trends and unforeseen events can impact the stock prices, and investors should exercise caution and undertake their due diligence before making any investment decisions.
HERO MOTOCORP SHARE PRICE TARGET 2024
| HERO MOTOCORP SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹4,595.12 | 1037.03 |
| February 2024 | ₹5,163.06 | ₹4,302.55 |
| March 2024 | ₹5,434.80 | ₹4,418.53 |
| April 2024 | ₹4,940.72 | ₹3,800.56 |
| May 2024 | ₹4,117.27 | ₹3,167.13 |
| June 2024 | ₹4,940.72 | ₹3,800.56 |
| July 2024 | ₹4,199.62 | ₹3,255.52 |
| August 2024 | ₹4,619.58 | ₹3,666.33 |
| September 2024 | ₹4,850.56 | ₹3,731.20 |
| October 2024 | ₹5,706.54 | ₹4,389.64 |
| November 2024 | ₹5,991.86 | ₹4,609.13 |
| December 2024 | ₹6,111.70 | ₹4,701.31 |
The HERO MOTOCORP share price target for 2024 looks promising, with the predicted maximum and minimum prices indicating a potential growth trend. The year begins with a significant increase, with the maximum price predicted to be ₹4,595.12 in January 2024 and the minimum price estimated at ₹1,037.03. This growth trend continues throughout the year, with the maximum price target for December 2024 estimated at ₹6,111.70 and the minimum price at ₹4,701.31.
Looking at the rest of the year, we can see that the share prices are expected to fluctuate within a range of ₹1,300 to ₹2,500, with an overall uptrend in prices. This indicates a potential investment opportunity for those looking to invest in HERO MOTOCORP’s stock for the long term.
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HERO MOTOCORP SHARE PRICE TARGET 2025
| HERO MOTOCORP SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹6,233.93 | ₹4,795.33 |
| February 2025 | ₹6,562.04 | ₹5,047.72 |
| March 2025 | ₹6,890.14 | ₹5,300.11 |
| April 2025 | ₹6,151.91 | ₹4,732.24 |
| May 2025 | ₹5,592.65 | ₹4,302.03 |
| June 2025 | ₹6,151.91 | ₹4,732.24 |
| July 2025 | ₹5,858.96 | ₹4,506.89 |
| August 2025 | ₹6,103.08 | ₹4,694.68 |
| September 2025 | ₹6,408.24 | ₹4,929.41 |
| October 2025 | ₹6,792.73 | ₹5,225.18 |
| November 2025 | ₹7,268.22 | ₹5,590.94 |
| December 2025 | ₹7,413.59 | ₹5,702.76 |
HERO MOTOCORP share price target for 2025 appears to be bullish, as the trend continues to show an uptick in the share price. The maximum price for HERO MOTOCORP shares in January 2025 is predicted to be ₹6,233.93, while the minimum price is expected to be ₹4,795.33. As the year progresses, the share price is expected to show steady growth, reaching a maximum price of ₹7,413.59 in December 2025 and a minimum price of ₹5,702.76. These figures indicate a growth percentage of over 20% throughout the year, suggesting that the motorcycle manufacturer is likely to continue to perform well in the market. The data reflects a positive outlook for HERO MOTOCORP and shows a bright future ahead for the company in the coming years.
HERO MOTOCORP SHARE PRICE TARGET 2026 TO 2030
| HERO MOTOCORP SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹5,189.51 | ₹3,632.66 |
| 2027 | ₹4,411.09 | ₹3,087.76 |
| 2028 | ₹7,939.95 | ₹5,557.97 |
| 2029 | ₹16,309.90 | ₹11,416.93 |
| 2030 | ₹18,163.29 | ₹12,714.31 |
Looking ahead to the future, HERO MOTOCORP share price is expected to continue its upward trend in the years to come. The maximum price target for 2026 is ₹5,189.51, while the minimum price target is ₹3,632.66. Similarly, for 2027, the maximum and minimum price targets are ₹4,411.09 and ₹3,087.76, respectively. In 2028, the share price is predicted to be on a bullish uptrend, with a maximum price target of ₹7,939.95 and a minimum price target of ₹5,557.97. The growth percentage is expected to continue in the following years, with a maximum price target of ₹16,309.90 and a minimum price target of ₹11,416.93 for 2029, and a maximum price target of ₹18,163.29 and a minimum price target of ₹12,714.31 for 2030.
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FINANCIAL STRENGTH OF HERO MOTOCORP (2018 TO 2022)
| ANNUAL | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
| Total Revenue | 30,106.29 | 31,517.09 | 29,984.53 | 34,657.55 | 32,981.54 |
| Total Revenue Growth (%) | -4.48 | 5.11 | -13.48 | 5.08 | 13.21 |
| Total Expenses | 26,849.13 | 27,621.21 | 26,085.45 | 29,614.01 | 27,739.10 |
| Total Expenses Growth (%) | -2.80 | 5.89 | -11.92 | 6.76 | 12.93 |
| Profit after Tax (PAT) | 2,316.88 | 2,917.75 | 3,638.11 | 3,444.09 | 3,720.40 |
| PAT Growth (%) | -20.59 | -19.80 | 5.63 | -7.43 | 3.80 |
| Operating Profit Margin (%) | 11.20 | 12.73 | 13.48 | 14.95 | 16.24 |
| Net Profit Margin (%) | 7.84 | 9.42 | 12.43 | 10.13 | 11.46 |
| Basic EPS (₹) | 115.96 | 146.07 | 182.15 | 172.45 | 186.30 |
Looking at HERO MOTOCORP’s financial statement over the past five years, it’s clear that the company has had its ups and downs. Total revenue has fluctuated, reaching a maximum of ₹34,657.55 crores in FY 2019 and a minimum of ₹29,984.53 crores in FY 2020. The company experienced a negative growth rate of -4.48% in FY 2022, but bounced back with a growth rate of 5.11% in FY 2021. HERO MOTOCORP’s total expenses have followed a similar pattern, with a maximum of ₹29,614.01 crores in FY 2019 and a minimum of ₹26,085.45 crores in FY 2020. The company has seen a -2.80% decrease in expenses in FY 2022 compared to the previous year, which is a positive sign for its financial health.
When it comes to profit and loss, HERO MOTOCORP’s PAT has seen some fluctuations, with a maximum of ₹3,720.40 crores in FY 2018 and a minimum of ₹2,316.88 crores in FY 2022. The company experienced a negative growth rate of -20.59% in PAT in FY 2022, but saw a positive growth rate of 5.63% in FY 2020. HERO MOTOCORP’s operating profit margin has also seen a decrease over the years, from a high of 16.24% in FY 2018 to 11.20% in FY 2022. The net profit margin has followed a similar pattern, reaching a high of 12.43% in FY 2020 and a low of 7.84% in FY 2022.
Overall, HERO MOTOCORP has shown some inconsistency in its financial performance over the past five years, but has managed to stay afloat despite economic challenges. It will be interesting to see how HERO MOTOCORP continues to perform in the future and what measures it takes to sustain its growth.
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FAQ’s
The maximum share price target of Hero MotoCorp in 2026 is Rs. 5189.51
The maximum share price target of Hero MotoCorp in 2027 is Rs. 4411.09
The maximum share price target of Hero MotoCorp in 2028 is Rs. 7939.95
The maximum share price target of Hero MotoCorp in 2029 is Rs. 16309.90
The maximum share price target of Hero MotoCorp in 2030 is Rs. 18162.29
CONCLUSION: HERO MOTOCORP
HERO MOTOCORP has displayed a combination of good and negative trends in terms of revenue growth, expenses, and profit after tax over the course of the last five years, according to its financial statistics (PAT). The company’s profit margin and EPS have remained constant, although revenue growth and PAT have fluctuated. The company’s operating profit margin has been stable over the last two years despite a reduction in revenue growth and PAT.
Before making any investment decisions, investors may want to carry out additional research and analysis taking into account the current market environment and the company’s prior performance. While evaluating the company’s future prospects, it is advised to take into account additional elements such as market competition, industry trends, management stability, and general economic conditions.
