Archive · 8 Sep 2025
Jefferies Predicts 27% Upside for Hexaware Tech Stock
Jefferies, a financial analysis company, thinks a tech company called Hexaware is a good investment.
They believe the company's stock price could go up by 27%.
Hexaware does IT services for different industries, with a large part of its business in North America.
Jefferies expects Hexaware to grow by about 10% each year between 2025 and 2027.
This is because they are adding new clients and working more with existing ones.
The company may face some slowdown in growth this year, but overall, Jefferies sees positive trends.
They also expect profits to increase.
There are potential risks, such as possible changes with some big clients.
Jefferies initiated coverage of Hexaware Tech with a Buy rating.
The target price for Hexaware stock is Rs 930 per share, implying a 27% upside.
Jefferies expects 10% annual revenue growth between CY25-CY27.
Key growth drivers include platform-led approach and geographic expansion.
EBIT margins are expected to reach 15.3% by 2027.
- Who
- Jefferies, an international brokerage firm, analyzed Hexaware Tech.
- What
- Jefferies initiated coverage of Hexaware Tech with a Buy rating, predicting significant growth.
- When
- Jefferies' analysis covers the period from CY25-CY27.
- Where
- The company operates in the IT sector.
- Why
- Jefferies anticipates growth due to strong client additions, platform-led modernization, and expansion in new areas.
- Target Price
- Rs 930 per share
- Potential Upside
- 27%
- Revenue Growth (CY25-CY27)
- 10% annually
- EPS Growth (CY25-CY27)
- 15% annually
- EBIT Margin (2027)
- 15.3%
- Primary Revenue Source
- North America (74%)