Coforge wants to hit $2 billion revenue by next year
Coforge, a major IT services company, has set its sights on reaching a $2 billion annual revenue run rate by the end of this fiscal year.
Their game plan? Leaning into AI-powered projects and landing big deals across key industries.
Still, analysts are a bit cautious, pointing out that tighter budgets in 2026 could impact RFP-driven deals.
Big deals, mergers—and some bumps along the way
To get there, Coforge is aiming to close 20 large deals by FY26 (they've already landed half).
The company also expects its upcoming merger with Cigniti to boost earnings and open doors to more clients.
Despite all these moves, Coforge's stock dipped 4% after the announcement.
The company says it's staying focused on keeping healthy profit margins and strong cash flow over the next five years—even as analysts flag some risks for this year.