Ola Electric Mobility Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27

Ola Electric Rs 35.96 (6 Oct 2026 close). 52-week range Rs 22.25 to Rs 57.95. Q1 FY27 net loss Rs 336 cr; market share 8.4%.

The Ola Electric Mobility share price target for 2026 is Rs 31 to Rs 39 in the Univest base case, with the stock at Rs 35.96 at the 6 October 2026 close. That is 37.9 percent below its 52-week high of Rs 57.95 and 61.6 percent above its 52-week low of Rs 22.25, and the stock moved down 27.6 percent over the past year. Ola Electric Mobility makes electric scooters and motorcycles and has an in-house battery cell plant. It is loss-making, debt to equity is 0.82 and the company pays no dividend.

Three things changed since the last update: Q1 FY27 results on 7 August showed a narrower loss and a rebound in deliveries, the company raised about Rs 780 crore through a QIP, and the stock fell 9 percent in late September on news of a rights issue. This Ola Electric Mobility stock analysis covers the Ola Electric Mobility share price today, the Ola Electric Mobility share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Ola Electric Mobility buy or sell view.

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What Is the Ola Electric Mobility Share Price Target for 2026?

The 2026 target for Ola Electric Mobility shares is Rs 31 to Rs 39 in the Univest base case, which is -13.8% to +8.5% against the last close. The bull case is Rs 55 to Rs 66 and the bear case is Rs 13 to Rs 17. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.

Ola Electric Mobility Share Price Target Scenarios: Bull Case, Base Case and Bear Case

Scenario	FY28E Sales per Share	Target Multiple	Price Target (Rs)	Move vs Rs 35.96
Bull Case	Rs 7.8	7x to 8.5x	55 to 66	+52.9% to +83.5%
Base Case	Rs 5.6	5.5x to 7x	31 to 39	-13.8% to +8.5%
Bear Case	Rs 3.67	3.5x to 4.5x	13 to 17	-63.8% to -52.7%

Ola loses money, so the ranges use price to sales, with a Univest assumption of FY28 revenue near Rs 2,600 crore, or Rs 5.60 a share. The base case of 5.5 to 7 times is below the current 8.9 times trailing sales, and the bull case needs revenue near Rs 3,600 crore. The PE multiple does not apply because of the loss, so the table uses price to sales in place of an EPS estimate, and the sales per share figure is a Univest assumption, not company guidance. Those assumptions set the Ola Electric Mobility share price target range around the current price.

Ola Electric Mobility Company Overview and Share Price Today as of 6 October 2026

Ola Electric Mobility share price today is Rs 35.96 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 16,644 crore, and trailing earnings are negative, so the stock trades on sales and book value. The Univest base case Ola Electric Mobility share price target of Rs 31 to Rs 39 is -13.8% to +8.5% from here. The table below sets out the key numbers behind the Ola Electric Mobility share price target.

Parameter	Value	Context
NSE Ticker	OLAELEC	BSE code 544225
Sector	Electric two-wheelers	Per Univest sector classification
Last Close (NSE)	Rs 35.96	6 Oct 2026 close
52-Week High	Rs 57.95	CMP is 37.9% below
52-Week Low	Rs 22.25	CMP is 61.6% above
1-Year Return	About -28%	Weekly close Rs 49.7 on 10 Oct 2025 to Rs 35.96
Market Capitalisation	Rs 16,644 crore	Mid cap electric vehicle maker
Trailing P/E	Not applicable (loss)	Industry P/E about 23.98x
P/B Ratio	About 4.03x	Book value Rs 8.93 per share
EPS (TTM)	Rs -3.76	Trailing twelve months
Return on Equity	About -54.7%	Debt to equity 0.82
Dividend Yield	Nil	No dividend
12-Month Target (Base Case)	Rs 31 to Rs 39	Univest base case
Bull Case	Rs 55 to Rs 66	+52.9% to +83.5%
Bear Case	Rs 13 to Rs 17	-63.8% to -52.7%

Track live price, fundamentals and results for Ola Electric Mobility on the Univest Screener.

How Did Ola Electric Mobility Perform in Q1 FY27?

Ola Electric Mobility reported Q1 FY27 consolidated revenue from operations of Rs 455 crore, down 45 percent from a year ago and up 72 percent from Rs 265 crore in the previous quarter. The consolidated net loss was Rs 336 crore against Rs 428 crore a year ago and Rs 500 crore in Q4 FY26. Together these Q1 FY27 numbers anchor the Ola Electric Mobility share price target.

Metric	Q1 FY27	Context
Revenue from Operations	Rs 455 crore	Down 45% YoY; up 72% QoQ
Net Loss	Rs 336 crore	Against Rs 428 crore a year ago
EBITDA Loss	Rs 165 crore	Against Rs 170 crore
Deliveries	39,192 units	Against 68,192 a year ago
Market Share	8.4%	Up from 5.1%
Automotive Gross Margin	30.5%	Gross profit Rs 139 crore

Registrations rose 97 percent from the last quarter against 17 percent for the industry. Operating cash outflow was Rs 215 crore and free cash outflow was Rs 351 crore, and the auditor flagged missing evidence for a Rs 57 crore provision reversal at a cell subsidiary. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Ola Electric Mobility share price target.

Why Is Ola Electric Share Price Down 28 Percent in a Year?

Ola Electric shares are down about 28 percent in a year because revenue fell for four straight quarters on a year on year basis and the company keeps losing money. The stock is 38 percent below the Rs 57.95 high of the week of 13 October 2025.

It rose 44 percent in the week of 6 April 2026 from the Rs 22.25 low on 256 crore shares, and spiked to Rs 44.55 in the week of 21 September before falling 9 percent on rights issue news. The sources we track did not confirm the cause of the April spike. The Ola Electric Mobility share price target scenarios below account for that move.

Key Catalysts for the Ola Electric Mobility Share Price Target in 2026

4 catalysts matter most for the Ola Electric Mobility share price target, and sector tailwinds in Electric two-wheelers are part of the case. Together they decide whether the base case is reached.

1. Delivery Recovery

Deliveries nearly doubled from the last quarter and orders were about 44,000. A sustained rebound would lift revenue. If it plays out, the Ola Electric Mobility share price target moves toward the top of the base range.

2. Market Share

Market share rose to 8.4 percent from 5.1 percent. Registrations grew faster than the industry. Strength here would support the upper end of the Ola Electric Mobility share price target.

3. Gross Margin

Automotive gross margin held at 30.5 percent. Higher volume could cut the EBITDA loss. Delivery on this point keeps the Ola Electric Mobility share price target on track.

4. New Funds

The company raised about Rs 780 crore by QIP and has approval to raise more. Funding extends the runway. Better news here would lift the Ola Electric Mobility share price target toward the bull case.

What Are the Key Risks to the Ola Electric Mobility Share Price Target?

The main risks are continued losses, cash burn, share dilution and competition. Each can pull the Ola Electric Mobility share price target lower.

Continued Losses

The company lost Rs 336 crore in Q1 FY27 and Rs 1,833 crore in FY26. More losses would cut book value. If it materialises, the Ola Electric Mobility share price target would slip toward the bear case.

Cash Burn

Free cash outflow was Rs 351 crore in Q1 FY27. The company needs more funds. This is the main downside risk to the Ola Electric Mobility share price target.

Share Dilution

A rights issue or other fund raising would add shares. A bear case of 3.5 times sales of Rs 3.67 a share would put the price near Rs 13. A worsening here would cut the Ola Electric Mobility share price target toward the low end of the range.

Competition

Large two-wheeler makers are taking share. Weak orders would hit deliveries. Watch it closely, because it can pull the Ola Electric Mobility share price target lower quickly.

Ola Electric Mobility Stock Analysis: Support and Resistance Levels for the Share Price Target

Ola Electric Mobility stock analysis on weekly charts shows a range of Rs 35.70 to Rs 40.50 since mid-September, with the stock at the lower end.

The first support level is Rs 35.73 to Rs 36.30, the lows of the weeks of 5 October, 14 September and 28 September. Below that, Rs 33.50 is the May low, and Rs 22.25 is the 52-week low.

The first resistance level is Rs 37.27 to Rs 38.95, the highs of the weeks of 5 and 28 September. Above that, Rs 40.10 to Rs 40.50 marks the September highs and Rs 42.25 to Rs 44.55 marks the late-August and September spike highs. These levels come from weekly price action, are not trade recommendations, and frame the near-term Ola Electric Mobility share price target.

Ola Electric Mobility Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term

Short-Term Ola Electric Mobility Share Price Target (3 to 6 Months)

In the near term the stock is likely to trade between Rs 35.70 and Rs 40.50, from the early-October low to the September highs. A close above Rs 38.95 would put Rs 40.50 in play, while a weekly close under Rs 35.70 would put Rs 33.50 in play. The Q2 FY27 results and the rights issue terms are the main triggers. This range anchors the near-term Ola Electric Mobility share price target.

12-Month and 2027 Ola Electric Mobility Share Price Target

The 12-month target price is Rs 31 to Rs 39, valued on 5.5 to 7 times FY28 sales per share of Rs 5.6. The range across scenarios runs from Rs 13 in the bear case to Rs 66 in the bull case.

Long-Term Ola Electric Mobility Share Price Target for FY29 to 2030

For FY29 to 2030 the Univest scenario range is Rs 32 to Rs 52. This assumes sales per share of Rs 7 in FY29 and Rs 8.6 in FY30 and a multiple of 4.5 to 6 times. It needs deliveries to keep rising, gross margin near 30 percent and operating cash flow to turn positive. This is the long-term Ola Electric Mobility share price target in the Univest scenarios.

Bull Case and Bear Case for Ola Electric Mobility Share Price Target

Bull Case Rs 55 to Rs 66

The bull case of Rs 55 to Rs 66 for the Ola Electric Mobility share price target needs sales per share of Rs 7.8 and the market to pay 7 to 8.5 times for it. It is +52.9% to +83.5% from the last close.

Bear Case Rs 13 to Rs 17

The bear case of Rs 13 to Rs 17 for the Ola Electric Mobility share price target equals 3.5 to 4.5 times FY28 sales per share of Rs 3.67 and sits below the Rs 22.25 low. It is -63.8% to -52.7% from the last close.

Is Ola Electric Mobility a Good Buy at Rs 35.96? Ola Electric Mobility Buy or Sell View

Whether Ola Electric Mobility is a buy at Rs 35.96 depends on horizon and risk appetite. The base case sits between 14 percent below and 8 percent above the current price, the stock is 38 percent below its high, and the open question is cash burn. The Ola Electric Mobility share price target range is the starting point for that decision.

Long-term holders may focus on deliveries, cash burn and funding, and treat Rs 35.70 as the level to watch. Short-term traders may prefer to wait for a close above Rs 38.95, and should expect large swings. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Ola Electric Mobility buy or sell view is educational.

How to Invest in Ola Electric Mobility Shares

Step 1: Check the live price, valuation and the latest Ola Electric Mobility share price target range on the Univest Screener.

Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Ola Electric Mobility share price target.

Step 3: Search for OLAELEC on the NSE or 544225 on the BSE in your trading app.

Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 13 is bearable.

Step 5: Track deliveries, cash burn and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Ola Electric Mobility share price target.

Conclusion

Ola Electric Mobility closed at Rs 35.96 against a Univest base case share price target of Rs 31 to Rs 39, a bull case of Rs 55 to Rs 66 and a bear case of Rs 13 to Rs 17. Q1 FY27 delivered a narrower net loss of Rs 336 crore on revenue of Rs 455 crore, with market share at 8.4 percent. The main risks are losses, cash burn and dilution.

The stock is 37.9 percent below its 52-week high, so the base case sits between 14 percent below and 8 percent above the current price. The triggers to watch are deliveries, cash burn and Q2 FY27 results and the Rs 35.70 and Rs 38.95 levels. Re-check the Ola Electric Mobility share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.

Download the Univest iOS App or Univest Android App to track Ola Electric Mobility live price and get daily stock recommendations.

FAQs on Ola Electric Mobility Share Price Target 2026

What is the Ola Electric Mobility share price target for 2026?

Ans. The Ola Electric Mobility share price target for 2026 is Rs 31 to Rs 39 in the Univest base case, with a bull case of Rs 55 to Rs 66 and a bear case of Rs 13 to Rs 17. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.

What is the Ola Electric Mobility share price target for 2027?

Ans. The Ola Electric Mobility share price target for 2027 is Rs 31 to Rs 39 in the base case, valued on 5.5 to 7 times FY28 sales per share of Rs 5.6. The scenario range runs from Rs 13 to Rs 66.

Is Ola Electric Mobility a good buy at Rs 35.96?

Ans. Whether Ola Electric Mobility is a good buy at Rs 35.96 depends on your horizon, risk appetite and how you read the Ola Electric Mobility share price target. Deliveries and market share are recovering, but the company is loss-making, burning cash and likely to raise equity. Consult a SEBI-registered advisor before investing.

What are the key risks to the Ola Electric Mobility share price target?

Ans. The key risks to the Ola Electric Mobility share price target are continued losses, cash burn, share dilution and competition. The company lost Rs 336 crore in Q1 FY27 and Rs 1,833 crore in FY26. More losses would cut book value.

What are the key catalysts for the Ola Electric Mobility share price target?

Ans. The key catalysts for the Ola Electric Mobility share price target are delivery recovery, market share, gross margin and new funds. Deliveries nearly doubled from the last quarter and orders were about 44,000. A sustained rebound would lift revenue.

Where can I track Ola Electric Mobility share price today and Ola Electric Mobility share price target updates?

Ans. You can track the live Ola Electric Mobility share price, results and any change to the Ola Electric Mobility share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.

What are Ola Electric Mobility's 52-week high and low?

Ans. Ola Electric Mobility's 52-week high is Rs 57.95 and its 52-week low is Rs 22.25, based on weekly NSE data. At Rs 35.96 the stock is 37.9 percent below the high and 61.6 percent above the low. Both levels frame the Ola Electric Mobility share price target.

How to buy Ola Electric Mobility shares?

Ans. Open a demat account with a SEBI-registered broker such as Univest, search for OLAELEC on the NSE or 544225 on the BSE, and place a limit order near your entry price, using the Ola Electric Mobility share price target range as a guide. Size the position so a fall to Rs 13 is bearable, and check the live price on the Univest Screener first.