Archive · 1 Sep 2026
Ather Energy Stock Surges 130%, Outpacing Tesla and BYD
Ather Energy makes electric scooters in India.
Its stock price has risen almost 130% in 2026.
That is much stronger than the performance of a broader group of electric-vehicle companies.
Investors are paying attention because India is encouraging more people to use electric vehicles.
Ather is backed by Hero MotoCorp and runs a network of charging stations.
The company recently introduced a new scooter called Konarc for the mass market.
Analysts think Ather could increase its share of India’s electric two-wheeler market.
All 14 analysts tracked by Bloomberg recommend buying the stock, although forecasts can change.
Ather Energy shares have risen nearly 130% in 2026, outperforming a broader EV-stock gauge that is down 1%.
The Bengaluru-based electric two-wheeler maker is backed by Hero MotoCorp and operates its own charging network.
BlackRock Global Funds acquired a stake of less than 1% through open-market transactions on Monday.
Emkay expects Ather’s market share to increase from 17% to 26% by fiscal 2028.
Analysts cite Ather’s Konarc scooter and internally developed EV technology as potential drivers of mass-market growth.
- Who
- Ather Energy, its investor Hero MotoCorp, BlackRock Global Funds, and analysts tracking the company.
- What
- Ather’s shares have surged nearly 130% in 2026 as investors and analysts anticipate stronger growth and market share.
- When
- In 2026; the shares rose more than 36% last month, while BlackRock disclosed its purchase on Monday.
- Where
- Ather is based in Bengaluru, India, and operates in the Indian electric two-wheeler market.
- Why
- The rally is attributed to India’s push for electric-vehicle adoption, Ather’s new products, growing market share, and internally developed technology.
- 2026 share performance
- Ather shares have risen nearly 130% so far in 2026.
- Recent monthly gain
- Shares rose more than 36% last month, their strongest monthly increase since the May 2025 IPO.
- Post-listing performance
- The stock has gained about 440% since its listing in May 2025.
- Projected market share
- Emkay expects Ather’s market share to reach 26% by fiscal 2028, compared with 17% at the end of March.
- Institutional investment
- BlackRock Global Funds acquired less than a 1% stake through open-market transactions.
- Analyst recommendations
- All 14 analysts tracked by Bloomberg recommend buying Ather shares.
- Price target
- Axis Capital has a target of 2,100 rupees, described as 22% above Monday’s closing price.
