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Adani Green Energy Share Price Target 2024, 2025, 2030, and 2040

Adani Green Energy Share Price Target 2024, 2025, 2030, and 2040

In this post, we will discuss the Adani Green Energy share price target in upcoming years. After the Hindenburg Report was published on Adani Group, there was a huge fall in the stock. In recent days, the stock market has shown good recovery.

The company was ranked as India’s largest renewable energy company and the largest solar energy developer in the world (ranked by US-based MERCOM Capital) in 2020. In this article, we will analyse this company from the point of view of investment objectives.

About Adani Green Energy Ltd. (AGEL)

The company was incorporated on January 23, 2016. One of India’s biggest providers of renewable energy is Adani Green Energy Ltd. It is owned by the Indian conglomerate Adani Group. Company develops, builds, owns, operates, and maintains utility-scale grid-connected solar and wind projects. The company currently oversees 46 operational projects totaling 5,290 MW of wind and solar power plants, spread across 11 Indian states.

Key Metrics

Market Cap (₹)1,41,145 Crore
Sectoral Market Cap Rank3
PE Ratio (x)240.45
Price to Book Ratio (x)54.43
EPS – TTM (₹)3.71
Stock – 52 Week High & Low (₹)3,050.00 / 439.10

Highlights of the Adani Green Energy Ltd. share price forecast are shown in the table below.

YearFirst Target Second Target
2023₹ 1,100₹ 1,200
2024₹ 1,500₹ 1,600
2025₹ 1,850₹ 2,000
2026₹ 2,200₹ 2,300
2027₹ 2,500₹ 2,600
2028₹ 2,800₹ 3,000
2030₹ 3,500₹ 3,650
2040₹ 7,000₹ 7,500

Important Note: These price targets for “Adani Green Energy Ltd.” are only for reference purposes. Short-term and long-term Adani Green Energy stock price predictions may be different due to the different analysed time series. This prediction is only valid if there are positive market sentiments; any uncertainties in the company or global market condition are not covered in this analysis.

Adani Green Energy Share Price Target For 2023

Ever since the Hindenburg Report on Adani Enterprises was published, there has been a sharp fall in the shares of the group companies. But in the recent past, the share prices of the group companies have shown a good recovery. Adani Green Energy Limited’s stock has good potential for the current year. As per our prediction, it will reach up to ₹ 1,200 in the middle of this year. However, before responding to these recommendations for any stock, you must do your own research and analysis. Trading and investing involve a significant level of risk, so consult a financial expert before making any decisions.

YearFirst Target Second Target
2023₹ 1,100₹ 1,200

Adani Green Energy Share Price Target For 2024

The company has built its fast-growing business around a strong balance sheet, which provides a platform to raise additional resources to capitalise on the unprecedented opportunities.Adani Green Energy Limited has accelerated capacity addition over the years without compromising the integrity of its balance sheet, which remains strong, profitable, and sustainable—a reliable platform on which to scale the business.

If we talk about the share price target this year, then as per our prediction, the first target is ₹ 1,500 and the second target is ₹ 1,600. We advise all the investors who are planning to buy shares for the year 2024 to keep an eye on the stock and the market.

YearFirst Target Second Target
2024₹ 1,500₹ 1,600

Adani Green Energy Share Price Target For 2025

Technologies play a vital role for growth and sustain of any organisation. Adani Green Energy Limited continues to invest in the best technologies. This comprises an awareness of the latest developments in the field of technology. The company’s objective is to export them around the world as well. According to our forecast, the stock could reach ₹ 2,000 this year. 

YearFirst Target Second Target
2025₹ 1,850₹ 2,000

Adani Green Energy Share Price Target For 2026

AGEL invested in India’s largest bi-facial and tracker-based solar project, which was the first to use string inverters, enhancing energy stability. It also commenced India’s first hybrid energy park, which reconciles solar and wind renewable energy infrastructure within the same location, strengthening the return on land and empowering the company to generate power through all 24 hours.

These steps definitely strengthen the company and its performance. According to the International Energy Agency, global renewable energy is likely to rise by 95% by 2026 as the world gradually shifts to greener solutions. These data show that green energy is the future, which can make it a long-term investment alternative. As per our stock prediction for 2026, the first target would be ₹ 2,200, and another would be ₹ 2,300. However, these price targets are subject to the market trend.

YearFirst Target Second Target
2026₹ 2,200₹ 2,300

Adani Green Energy Share Price Target For 2027

The quality of the company’s balance sheet (among other features) was validated in its credit rating of BBB- by Investment Grade Rating during the year under review, the highest in India’s infrastructure sector. This credit rating has helped the company mobilise increasing debt tranches from the global financial market. The stock anticipates reaching up to ₹ 2,600 as per our forecasted method.

YearFirst Target Second Target
2027₹ 2,500₹ 2,600

Adani Green Energy Share Price Target For 2028

The company also expanded its own business through acquisitions. This includes the acquisition of SB Energy India from SoftBank Group and Bharti. The transaction pegged SB Energy India at an enterprise valuation of about ₹ 26,000 crore, making it the largest acquisition in the renewable energy sector in India. If we talk about share price targets this year (2028), the first target would be ₹ 2,800 and the second target would be ₹ 3,000 as per our predictions.

YearFirst Target Second Target
2028₹ 2,800₹ 3,000

Adani Green Energy Share Price Target For 2030

Over the years, the company’s financial structure made it possible to grow the business without periodic equity dilution, strengthening the prospects for growing shareholder value. The company completed the final phase of its capital management plan, which comprises a fully funded debt and equity programme. If we analyse the stock of the company, it will see high growth in that year. The first target will be ₹ ₹ 3,500 and the second, ₹ ₹ 3,650, as per our predictions. This prediction is only valid if there are positive market sentiments; any uncertainties in the company or global market conditions are not covered in this analysis.

YearFirst Target Second Target
2030₹ 3,500₹ 3,650

Adani Green Energy Share Price Target For 2040

The global economy depends on the energy sector. As the world slowly moves towards sustainable solutions, green energy is getting everyone’s attention. As always, changes in consumer demand bring new opportunities. The future is bright for Adani Green Energy Limited. Our forecast is that the stock will do well over time, knowing the importance of green energy.

YearFirst Target Second Target
2040₹ 7,000₹ 7,500

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Recommendations: Invest in Adani Green Energy Ltd. stock or sell it?

After the Hindenburg report of Adani Group, there is a fall in the share price of the company. However, the stock shows good recovery. As per the present forecasted data, there is a positive trend in the future, so the Adani Green Energy Ltd shares might be good for investing and making money.

FAQ’s

The current PE ratio (price-earnings ratio) of Adani Green Energy Ltd. is 240.45.

Adani Green Energy Ltd. share price saw a 52-week high of 3,050 and a 52-week low of 439.10.

The first target of Adani Green Energy Ltd.'s share price can be at or below ₹ 1,500 and the second one is at or below ₹ 1,600 in 2024.

The first target for Adani Green Energy Ltd.'s share price in the next five years is ₹ 2,800, and the second target is ₹ 3,000.

In the next 7 years, the first target for Adani Green Energy Ltd.'s share price can be ₹ 3,500, and the second is ₹ 3,650.

Adani Green Energy Ltd. shares can go up to ₹ 7,500 by the year 2040.

Our forecasted stock analyst implies that there will be a positive trend in the future and that the Adani Green Energy Ltd. shares might be good for investing to make money.

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