Goldman Sachs reiterates Buy for InterGlobe Aviation stock at INR 5,900

Goldman Sachs reiterated a Buy rating and a INR 5,900 target for InterGlobe Aviation stock on September 29, 2026, according to TradingView. The target comes as the airline balances market-share gains and international expansion against fuel-cost pressure. Economic Times reported on July 23, 2026, that Q1 FY27 revenue rose 20.00 percent year over year to INR 245.84 billion, while net income turned into an INR 2.38 billion loss.

Goldman keeps INR 5,900 target

The Goldman view places long-term network expansion against a weak near-term earnings base. The September 29 report said the brokerage retained its Buy rating and cited market-share gains, cost leadership and international growth potential.

The same report put the broader analyst tally at 21 Buy ratings out of 26, alongside three Hold and two Sell recommendations. Its 12-month consensus target was INR 5,585.31, giving investors a second benchmark against the Goldman target.

Revenue grows as profit reverses

InterGlobe Aviation's Q1 FY27 loss contrasts with an INR 21.76 billion profit in the year-earlier quarter, while revenue increased from INR 204.96 billion to INR 245.84 billion. The comparison shows that higher sales did not offset the cost burden.

Economic Times said total expenses rose 34.00 percent year over year in Q1 FY27, driven largely by higher fuel and operating costs. That gap between revenue growth and expense growth is the central earnings issue behind the stock's competing bullish and bearish views.

NSE quote and valuation

InterGlobe Aviation was last at INR 4,929.90 on the NSE on October 1, 2026 at 3:15 p.m. IST. The quote stood within a 52-week range of INR 3,895.20 to INR 5,970.00, while market capitalization was INR 1.9 trillion as of the same date.

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