TCS Share Price In Green on $1.5 Billion AI Revenue Milestone, AI-Bet; Brokerage Bullish With 37% Upside

TCS Share Price Today: Shares of Tata Consultancy Services surged marginally, a day after the IT giant revealed its long-term expansion plans and latest milestone related to artificial intelligence-led revenue generation. The tech giant had announced that it earned $11 billion in revenue from disruptive technologies, including $1.5 billion from artificial intelligence (AI).

TCS shares were trading 0.35% higher at Rs 3228.8 per share on BSE with a market capitalisation of Rs 11,68,208 crore. The stock had touched an intraday high of Rs 3247 per share on Thursday.

TCS Eyes To Become World's Largest AI-Led Tech Firm

TCS has planned to become the world's largest AI-led technology company, and it earned AI services revenue of ~USD1.5b on an annualised basis in the recent quarter, revealed the tech-giant on its annual investor day event on Wednesday.

The company has also changed its stance on M&A following its recent acquisition (Listengage, Coastal), etc. The non-traditional or the new-age services constitute around $11 billion of the company's revenue, excluding ADM (application development and maintenance), testing and BPS (business process services), said K. Krithivasan, chief executive officer (CEO) and managing director (MD) of TCS.

TCS Share Price Recommendation

The surge in AI-led demand and TCS's intent to play across the entire AI-stack is likely to boost its growth and revenue in the coming years, noted Motilal Oswal in its report on Thursday. The brokerage has reiterated its 'Buy' rating for the stock with a target price of Rs 4,400 per share, indicating a 37% upside in its valuation.

"We saw evidence of AI services demand taking shape, consistent with our IT services sector upgrade note (Time to buy the next cycle dated 24th Nov'25), and believe both TCS and Indian IT services can pivot in time to be on the right side of the GenAI wave. We value TCS at 26x FY28E EPS and reiterate our BUY rating with a TP of INR4,400, implying a 37% upside potential," stated the brokerage in its note.

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