{"id":68779,"date":"2026-04-09T16:18:01","date_gmt":"2026-04-09T10:48:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=68779"},"modified":"2026-04-09T16:18:04","modified_gmt":"2026-04-09T10:48:04","slug":"tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/","title":{"rendered":"Tata Motors Share Price Target 2026: Analyst Forecast, Bull &amp; Bear Case"},"content":{"rendered":"<p>Tata Motors (NSE: TATAMOTORS) is trading at Rs 680 as of April 2026, against a 52-week high of undefined and a 52-week low of undefined. The analyst consensus 12-month Tata Motors share price target stands at Rs 850-1,000 \u2014 implying meaningful upside from current levels. This article covers the current share price, key catalysts, risks, technical support levels, institutional positioning, and a structured breakdown of the short-term, 12-month, and long-term share price targets.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Current_Price_Overview\" title=\"Current Price Overview\">Current Price Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#About_Tata_Motors\" title=\"About Tata Motors\">About Tata Motors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Key_Catalysts_Driving_Tata_Motors_Share_Price\" title=\"Key Catalysts Driving Tata Motors&#8217; Share Price\">Key Catalysts Driving Tata Motors&#8217; Share Price<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#1_JLR_EBITDA_Recovery_and_Aluminium_Cost_Normalisation\" title=\"1. JLR EBITDA Recovery and Aluminium Cost Normalisation\">1. JLR EBITDA Recovery and Aluminium Cost Normalisation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#2_India_EV_Market_Leadership_%E2%80%94_Nexon_EV_and_Curvv\" title=\"2. India EV Market Leadership \u2014 Nexon EV and Curvv\">2. India EV Market Leadership \u2014 Nexon EV and Curvv<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#3_CV_Cycle_Recovery_%E2%80%94_MHCV_and_LCV\" title=\"3. CV Cycle Recovery \u2014 MHCV and LCV\">3. CV Cycle Recovery \u2014 MHCV and LCV<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#4_JLR_China_Recovery\" title=\"4. JLR China Recovery\">4. JLR China Recovery<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Key_Risks_to_Tata_Motors_Share_Price\" title=\"Key Risks to Tata Motors Share Price\">Key Risks to Tata Motors Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Technical_Analysis_and_Support_Levels\" title=\"Technical Analysis and Support Levels\">Technical Analysis and Support Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Latest_Quarterly_Financial_Performance\" title=\"Latest Quarterly Financial Performance\">Latest Quarterly Financial Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Institutional_Positioning_%E2%80%94_FII_DII_Promoter\" title=\"Institutional Positioning \u2014 FII, DII, Promoter\">Institutional Positioning \u2014 FII, DII, Promoter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Tata_Motors_Share_Price_Target_2026\" title=\"Tata Motors Share Price Target 2026\">Tata Motors Share Price Target 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Short-Term_Target_3%E2%80%936_Months\" title=\"Short-Term Target (3\u20136 Months)\">Short-Term Target (3\u20136 Months)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#12-Month_Analyst_Target\" title=\"12-Month Analyst Target\">12-Month Analyst Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Long-Term_Target_2027%E2%80%932028\" title=\"Long-Term Target (2027\u20132028)\">Long-Term Target (2027\u20132028)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/tata-motors-share-price-target-2026-analyst-forecast-bull-amp-bear-case\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Current_Price_Overview\"><\/span><strong>Current Price Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>Current Market Price (CMP)<\/td><td>Rs 680<\/td><\/tr><tr><td>52-Week High<\/td><td>undefined<\/td><\/tr><tr><td>52-Week Low<\/td><td>undefined<\/td><\/tr><tr><td>Market Cap<\/td><td>Rs 2,22,000 Cr<\/td><\/tr><tr><td>P\/E Ratio<\/td><td>8x<\/td><\/tr><tr><td>12M Analyst Target<\/td><td>Rs 850-1,000<\/td><\/tr><tr><td>Bull Case<\/td><td>Rs 1,200<\/td><\/tr><tr><td>Bear Case<\/td><td>Rs 480<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Tata_Motors\"><\/span><strong>About Tata Motors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\">Click Here \u2013 Get Free Investment Predictions<\/a><\/p><p>Tata Motors (NSE: TATAMOTORS) is a leading listed company in the Auto sector with a market capitalisation of Rs 2,22,000 Cr. The company operates across its core business segments and is well-positioned for the Indian economic growth cycle.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Catalysts_Driving_Tata_Motors_Share_Price\"><\/span><strong>Key Catalysts Driving Tata Motors&#8217; Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_JLR_EBITDA_Recovery_and_Aluminium_Cost_Normalisation\"><\/span><strong>1. JLR EBITDA Recovery and Aluminium Cost Normalisation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Jaguar Land Rover (JLR) reported EBIT margin of 9.8% in Q3 FY26 \u2014 up from near-zero three years ago. The recovery is driven by Range Rover and Defender demand in China, pricing discipline, and semiconductor supply normalisation. Further margin recovery toward 12-14% would significantly improve Tata Motors&#8217; consolidated earnings.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_India_EV_Market_Leadership_%E2%80%94_Nexon_EV_and_Curvv\"><\/span><strong>2. India EV Market Leadership \u2014 Nexon EV and Curvv<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Tata Motors holds 70%+ of India&#8217;s EV car market with the Nexon EV, Punch EV, and the newly launched Curvv EV. India&#8217;s EV market is growing at 60-80% per year, and Tata&#8217;s first-mover advantage with 200+ EV charging stations gives it a structural edge.a<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_CV_Cycle_Recovery_%E2%80%94_MHCV_and_LCV\"><\/span><strong>3. CV Cycle Recovery \u2014 MHCV and LCV<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>After a modest slowdown in H1 FY26, the Indian CV cycle is expected to recover in Q2-Q3 FY27 as infrastructure spending resumes with rate cut-driven capex revival. Tata Motors holds 40%+ MHCV market share.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_JLR_China_Recovery\"><\/span><strong>4. JLR China Recovery<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>JLR&#8217;s China business (Freelander 2 joint manufacturing, Defender local production) is recovering as China auto sector stabilises.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Risks_to_Tata_Motors_Share_Price\"><\/span><strong>Key Risks to Tata Motors Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>JLR chip supply disruption:&nbsp;<\/strong><\/p><p><strong>UK economic slowdown reducing Range Rover demand:&nbsp;<\/strong><\/p><p><strong>India EV competitive entry from Maruti e-Vitara and Hyundai Ioniq 5:&nbsp;<\/strong><\/p><p><strong>US tariff 25% on JLR exports to USA:&nbsp;<\/strong><\/p><p>The 26% US reciprocal tariff on Indian goods \u2014 announced April 2, 2026 \u2014 has created a macro overhang affecting all Indian equities through FII outflows and earnings estimate revisions. Resolution of tariff uncertainty would be a meaningful positive catalyst for re-rating.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Analysis_and_Support_Levels\"><\/span><strong>Technical Analysis and Support Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Tata Motors is trading at Rs 680 vs. a 52-week range of undefined to undefined. Key technical support is at Rs 640-720. The 200-day moving average provides medium-term guidance for trend direction.<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Tata Motors&#8217;s live price and get daily research insights.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Latest_Quarterly_Financial_Performance\"><\/span><strong>Latest Quarterly Financial Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Metric<\/strong><\/td><td><strong>Latest Quarter<\/strong><\/td><td><strong>Year-Ago Quarter<\/strong><\/td><td><strong>YoY Change<\/strong><\/td><\/tr><tr><td>Revenue<\/td><td>Rs 1,13,575 Cr<\/td><td>Rs 1,05,109 Cr<\/td><td>+8.1%<\/td><\/tr><tr><td>Net Profit<\/td><td>Rs 5,451 Cr<\/td><td>Rs 7,025 Cr<\/td><td>-22.4%<\/td><\/tr><tr><td>JLR EBITDA Margin<\/td><td>15.1%<\/td><td>14.2%<\/td><td>+90 bps<\/td><\/tr><tr><td>India EV Volume<\/td><td>24,590 units<\/td><td>18,380 units<\/td><td>+33.8%<\/td><\/tr><\/tbody><\/table><\/figure><p>Track Tata Motors&#8217;s live financials on <a href=\"https:\/\/univest.in\/screeners\">Univest Screener<\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Institutional_Positioning_%E2%80%94_FII_DII_Promoter\"><\/span><strong>Institutional Positioning \u2014 FII, DII, Promoter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Promoter holds 46.4%. FII holding is 20.4% and DII holds 18.6%. Institutional holding trends are a critical leading indicator for price direction. Rising FII holding typically precedes price recovery; declining FII signals ongoing caution. Track institutional flow changes on Univest Screener.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tata_Motors_Share_Price_Target_2026\"><\/span><strong>Tata Motors Share Price Target 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\">Subscribe to Univest Pro for Premium Stock Research and F&amp;O Setups<\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short-Term_Target_3%E2%80%936_Months\"><\/span><strong>Short-Term Target (3\u20136 Months)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Short-term support and trading range: Rs 640-720. In the near term, the stock is likely to remain in this band pending clarity on Q4 FY26 results and FY27 guidance. Any macro positive from India-US tariff negotiations would accelerate a move toward the upper end of this range.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12-Month_Analyst_Target\"><\/span><strong>12-Month Analyst Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The 12-month analyst consensus for Tata Motors is Rs 850-1,000. The bear case \u2014 if FY27 guidance disappoints or macro headwinds intensify \u2014 is Rs 480. The bull case \u2014 on full earnings delivery and macro recovery \u2014 is Rs 1,200. These are analyst estimates based on publicly available data and may differ materially from actual price performance.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long-Term_Target_2027%E2%80%932028\"><\/span><strong>Long-Term Target (2027\u20132028)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>For 2027-2028, analysts project Tata Motors toward the Rs 1,300-1,500 range \u2014 assuming FY27 guidance delivery and normalisation of macro headwinds. Track live targets on <a href=\"https:\/\/univest.in\/screeners\">Univest Screener<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The Tata Motors share price target for 2026 is Rs 850-1,000 based on analyst consensus. The bear case is Rs 480 and the bull case is Rs 1,200. At Rs 680, Tata Motors is trading at 8x P\/E with market cap of Rs 2,22,000 Cr. Whether this is a buy depends on your risk tolerance, investment horizon, and portfolio context. For more share price target analysis, visit&nbsp;<\/p><p><a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a><\/p><p><strong>Disclaimer: <\/strong>This article is for informational purposes only. Please conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>Q1. What is Tata Motors share price target for 2026?<\/strong><\/p><p>The 12-month analyst consensus is Rs 850-1,000. Bull case: Rs 1,200. Bear case: Rs 480.<\/p><p><strong>Q2. Is Tata Motors a good buy at Rs 680?<\/strong><\/p><p>At 8x P\/E and Rs 680, Tata Motors offers potential recovery to Rs 850-1,000 over 12 months. Consult a SEBI-registered financial advisor before investing.<\/p><p><strong>Q3. What are the key risks for Tata Motors?<\/strong><\/p><p>Key risks include macro headwinds from US tariffs, sector-specific challenges, and any guidance miss in Q4 FY26 results. Monitor institutional holding trends on Univest Screener.<\/p><p><strong>Q4. What is Tata Motors long-term share price target?<\/strong><\/p><p>Long-term target for FY28 is Rs 1,300-1,500, contingent on sustained earnings delivery and macro recovery.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/tcs-share-price-target\">TCS Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/nestle-india-share-price-target\">Nestle India Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"http:\/\/univest.in\/blogs\/state-bank-of-india-share-price-target\">State Bank of India Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/hindustan-unilever-share-price-target\">Hindustan Unilever Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><\/p>","protected":false},"excerpt":{"rendered":"<p>Tata Motors (NSE: TATAMOTORS) is trading at Rs 680 as of April 2026, against a 52-week high of undefined and a 52-week low of undefined. The analyst consensus 12-month Tata Motors share price target stands at Rs 850-1,000 \u2014 implying meaningful upside from current levels. This article covers the current share price, key catalysts, 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