Ather Energy Share Price Target : India’s electric two-wheeler market is expanding at a fast pace, driven by rising fuel costs, government incentives, and increasing awareness of sustainable mobility. Among the premium electric scooter brands, Ather Energy has emerged as a strong player with a clear focus on technology, design, and customer experience.
From smart scooters to fast-charging infrastructure and in-house software platforms, Ather Energy is building a complete electric mobility ecosystem. In this article, we explore Ather Energy’s share price target from 2026 to 2030, along with its fundamentals, growth drivers, and long-term outlook.
About Ather Energy
Ather Energy is a Bengaluru-based electric vehicle company known for premium electric scooters such as Ather 450X and Ather Rizta. The company focuses on:
- High-performance electric scooters
- Fast-charging solutions through Ather Grid
- Smart software features, OTA updates, and connected technology
- Expansion of experience centers across India
- Scaling manufacturing capacity to meet rising demand
Ather’s strong emphasis on innovation and quality has helped it build a loyal customer base in urban and semi-urban markets.
Ather Energy Fundamental Analysis (Latest)
- Market Capitalization: ₹27,374 Cr
- ROE: -28.09%
- P/E Ratio: -35.81
- P/B Ratio: 10.06
- Debt-to-Equity: 0.16
- EPS (TTM): -20.04
- Dividend Yield: 0%
- Book Value: ₹71.35
- Face Value: ₹1
Although Ather Energy is currently loss-making, its fundamentals reflect a high-growth EV company investing aggressively in capacity expansion, R&D, and brand building.
Ather Energy Share Price Target 2026
By 2026, Ather Energy is expected to benefit from strong growth in India’s electric scooter market. Increasing fuel prices, EV subsidies, and wider charging infrastructure may boost demand for premium electric scooters.
Ather Energy Share Price Target 2026:
- Minimum: ₹830
- Maximum: ₹1,050
Improving battery efficiency, higher sales volumes, and expansion of experience centers could support this growth.
Ather Energy Share Price Target 2027
In 2027, Ather Energy may start exploring international markets while strengthening its domestic presence. Competition in the EV space will increase, but Ather’s software-led approach and design differentiation could help it maintain an edge.
Ather Energy Share Price Target 2027:
- Minimum: ₹1,120
- Maximum: ₹1,510
Doubling production capacity and strategic partnerships could positively impact revenue growth.
Ather Energy Share Price Target 2028
By 2028, Ather Energy’s growth story may enter a more mature phase. Indigenous battery manufacturing and higher localization could reduce costs and improve margins.
Ather Energy Share Price Target 2028:
- Minimum: ₹1,500
- Maximum: ₹1,940
Export opportunities and supportive green energy policies may further strengthen the company’s position.
Ather Energy Share Price Target 2029
In 2029, Ather Energy could establish itself as a leader in India’s electric mobility ecosystem. New product categories, including electric motorcycles, may unlock additional revenue streams.
Ather Energy Share Price Target 2029:
- Minimum: ₹2,020
- Maximum: ₹2,690
Improved financial stability and scale advantages could mark a key turning point for the company.
Ather Energy Share Price Target 2030
By 2030, Ather Energy is expected to be among India’s top EV brands with a growing global footprint. Advanced features, AI integration, and future-ready mobility solutions could drive long-term growth.
Ather Energy Share Price Target 2030:
- Minimum: ₹2,710
- Maximum: ₹3,200
Sustained government support for electric mobility and rising EV adoption may reward long-term investors.
Ather Energy Share Price Target Table (2026–2030)
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹830 | ₹1,050 |
| 2027 | ₹1,120 | ₹1,510 |
| 2028 | ₹1,500 | ₹1,940 |
| 2029 | ₹2,020 | ₹2,690 |
| 2030 | ₹2,710 | ₹3,200 |
Ather Energy Shareholding Pattern
- Promoters: 41.22%
- Foreign Institutions: 23.60%
- Mutual Funds: 12.40%
- Retail & Others: 11.57%
- Other Domestic Institutions: 11.20%
The presence of institutional and foreign investors reflects long-term confidence in Ather Energy’s EV growth potential.
Final Outlook
Ather Energy represents a high-growth, high-risk EV stock aligned with India’s electric mobility transition. While current profitability remains a challenge, the company’s focus on innovation, premium branding, and ecosystem development offers strong long-term potential.
Investors with a long-term horizon and higher risk appetite may find Ather Energy attractive as India’s EV adoption accelerates.
Disclaimer
This article is for educational and informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult a certified financial advisor before making any investment decisions.
