Suzlon Energy, one of India’s leading renewable energy companies, is facing a blend of optimism and caution in analysts’ projections for its share price in 2025. The company’s potential for growth is clear, but challenges remain in execution that could impact its performance.
Analysts Revise Price Targets
In a recent update, JM Financial has revised its price target for Suzlon Energy shares, lowering it to ₹71 from ₹80. Despite the adjustment, the firm has maintained a “Buy” rating for the stock, citing potential long-term upside of approximately 29%. The reduction in the target price comes after analysts identified some hurdles in Suzlon’s execution plans, particularly related to land acquisition and Right of Way (RoW) issues, which could delay project timelines.
On a more positive note, WalletInvestor has a long-term view on Suzlon, forecasting that the stock could hit ₹160.38 by 2030. This suggests that, while there are short-term challenges, the stock could see significant growth over the next five years, making it an interesting option for long-term investors.
Key Operational Developments
Suzlon Energy is expanding its manufacturing capacity, which could play a major role in the company’s future success. The company plans to increase its production capacity from 3.15 gigawatts (GW) to 4.5 GW by enhancing facilities in Daman and Pondicherry. This expansion aims to meet the growing demand for renewable energy and help the company stay competitive in the market. However, analysts are cautious about execution risks as the company works to scale its operations and manage increasing production.
Surge in Market Performance
Suzlon’s stock saw a notable surge on March 7, 2025, rising by 9%—the biggest single-day jump in nearly 20 months. This surge followed growing investor optimism, especially ahead of the national budget, with expectations of increased government spending on renewable energy initiatives. This enthusiasm has created a positive outlook for the stock, though analysts continue to watch the company’s progress closely.
Conclusion
While Suzlon Energy shows strong potential for growth, especially in the long term, its current challenges cannot be ignored. Issues with land acquisition and project delays are concerns that could affect its near-term performance. However, with ambitious expansion plans and a favorable industry outlook, Suzlon remains an interesting stock for investors willing to navigate both its opportunities and risks. Investors are advised to keep a close eye on the company’s developments to make informed decisions about its future.
