IdeaForge Share Price Target Analysis 2025, 2030, 2040, 2050: IdeaForge Technology Ltd., listed on the National Stock Exchange as IDEAFORGE, is a prominent Indian drone manufacturer that specializes in high-performance drones for various sectors, including military, homeland security, and corporate applications. Founded in 2007 by an alumnus of IIT Bombay, IdeaForge has earned recognition for producing reliable, durable, and innovative drones for surveillance, mapping, and security. Their products have found favor with both government organizations and private sector clients.
IdeaForge Share Price Target 2025 1,100, 2030 2,200, 2040 4,500, 2050 8,000. ideaForge Technology Limited is an Indian unmanned aerial vehicle manufacturer established in 2007 in Mumbai, India. In December 2023, ideaForge ranked 5th in the dual use category that is civil and defence as per the report publish by Drone Industry Insights.
IdeaForge is a pioneering company in India’s drone industry. The company manufactures drones used in surveillance, mapping, and security across various sectors. Their product line is lauded for its durability and innovative features, which have made it a preferred choice for government agencies and private corporations.
IdeaForge Share Price Target 2025
The target range for IdeaForge shares in 2025 is project to be between ₹740 and ₹1,100. In 2025, the stock is anticipated to experience steady growth, with the share price expected to range between ₹740 and ₹1,100. This price prediction is based on the company’s continuing expansion in the drone industry and government support for local manufacturers.
Month Wise IdeaForge Share Price Target 2025
Month
Minimum Price (₹)
Maximum Price (₹)
January
740
950
February
750
970
March
740
990
April
760
1,010
May
780
1,030
June
800
1,050
July
820
1,070
August
840
1,090
September
860
1,100
October
850
1,090
November
840
1,080
December
830
1,070
This price range reflects a positive outlook for 2025, but investors should be cautious about external factors that could affect the valuation.
For 2030, the expected share price range for IdeaForge is between ₹1,800 and ₹2,200. In 2030, the company is likely to witness substantial growth, driven by a larger market share in the Indian and international drone industry. With expanding export opportunities and continued technological innovation, IdeaForge could achieve significant milestones in the coming decade.
Month Wise IdeaForge Share Price Target 2030
Month
Minimum Price (₹)
Maximum Price (₹)
January
1,800
1,900
February
1,850
1,950
March
1,900
2,000
April
1,950
2,050
May
2,000
2,100
June
2,050
2,150
July
2,100
2,200
August
2,150
2,200
September
2,200
2,200
October
2,150
2,180
November
2,100
2,150
December
2,050
2,120
This steady increase can be attributed to the growing global demand for drones and the company’s potential to maintain a competitive edge through continuous innovation.
IdeaForge Share Price Target 2040
Looking ahead to 2040, IdeaForge shares are expected to range between ₹3,500 and ₹4,500. By 2040, the company is expected to establish itself as a global leader in the drone industry. With consistent advancements in drone technology and a diversified product line, IdeaForge could witness exponential growth, driving its share price to higher levels.
Month Wise IdeaForge Share Price Target 2040
Month
Minimum Price (₹)
Maximum Price (₹)
January
3,500
3,800
February
3,600
3,900
March
3,700
4,000
April
3,800
4,100
May
3,900
4,200
June
4,000
4,300
July
4,100
4,400
August
4,200
4,500
September
4,300
4,500
October
4,200
4,450
November
4,100
4,400
December
4,000
4,350
This price range assumes that the company will leverage its market position and technology to drive future growth across various industries.
IdeaForge Share Price Target 2050
For the year 2050, analysts project the share price of IdeaForge to be between ₹6,000 and ₹8,000. By 2050, IdeaForge is expected to be a dominant player in the global drone market, benefiting from technological advancements and a much larger customer base across different sectors. The company’s ability to adapt to evolving market conditions could result in significant share price appreciation.
Month Wise IdeaForge Share Price Target 2050
Month
Minimum Price (₹)
Maximum Price (₹)
January
6,000
6,500
February
6,200
6,700
March
6,400
6,900
April
6,600
7,100
May
6,800
7,300
June
7,000
7,500
July
7,200
7,700
August
7,400
7,900
September
7,600
8,000
October
7,400
7,900
November
7,200
7,800
December
7,000
7,700
The long-term projection reflects the company’s expected growth driven by international expansion, new technologies, and increasing demand for drones in both commercial and military sectors.
Should I Buy IdeaForge Stock?
IdeaForge Technology is currently trading at ₹680 per share. Despite experiencing a significant drop of 30.56% in the last year and 19.42% in the past month, the company shows strong growth potential. However, investors must carefully assess whether the current high Price-to-Earnings (P/E) ratio of 105.36 justifies the stock price. The company has shown impressive revenue growth, with a 108% increase over the past three years, but it does not currently pay dividends. It is also heavily reliant on government contracts, which could pose risks.
Industry analysts remain optimistic about the company’s future. They believe that IdeaForge will benefit significantly from the growing drone industry both within India and internationally. The company’s focus on research and development and its potential to expand globally are key factors for future growth. However, the competitive landscape, regulatory uncertainties, and the company’s dependence on government contracts present risks.
Is ideaForge stock good to buy? (bull case & bear case)
Bull Case: Why IdeaForge is a Good Investment
Leading Position in the Indian Drone Market: IdeaForge holds a strong position as one of India’s top drone manufacturers.
Government Support for Domestic Drone Manufacturing: The Indian government is backing local drone manufacturers, which benefits IdeaForge.
Expanding Drone Use Across Industries: Increasing drone applications in sectors like agriculture, infrastructure, and security.
Potential for International Expansion: IdeaForge has the opportunity to expand into international markets.
Continuous Investment in R&D: The company’s focus on continuous innovation ensures it stays ahead in the competitive drone industry.
Bear Case: Risks for Investors
High Valuation: The company is currently trading at a high P/E ratio, which may imply it is overpriced relative to its earnings.
Regulatory Uncertainty: The drone industry faces regulatory challenges, which could affect the company’s growth prospects.
Dependence on Government Contracts: A significant portion of IdeaForge’s revenue comes from government contracts, which can be volatile.
Technological Threats: Rapid advancements in drone technology could pose a competitive threat to IdeaForge.
Conclusion
IdeaForge Technology Ltd. is a leading player in the Indian drone manufacturing industry, with strong potential for growth. The company’s innovative products, government backing, and market position suggest that it could experience significant growth in the coming years. However, potential investors should weigh the company’s high valuation and dependency on government contracts before making a decision.
What does ideaForge Company do?
ideaForge Technology Limited is an Indian unmanned aerial vehicle (drone) manufacturer established in 2007 in Mumbai, India. In December 2023, ideaForge ranked 5th in the dual use category that is civil and defence as per the report published by Drone Industry Insights (7th in December 2022).
Who is the CEO of ideaForge?
Ankit Mehta is the CEO of ideaForge Technology, a drone systems company that manufactures Unmanned Aerial Vehicles (UAVs). He is also a co-founder of the company.
Why is ideaForge falling?
The weak financial performance has led to a sharp drop in IdeaForge share price. Investors are concerned about the company’s declining revenue, shrinking margins, and operational inefficiencies. The stock declined 8.4% in a single day after the results were announced, reflecting the negative sentiment.
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