Blogs / Subex Share Price Ta...

Subex Share Price Target 2025, 2026, 2027, 2030

2026-05-11 · 3 min read

Sector - Finance
Subex Share Price Target 2025, 2026, 2027, 2030

There are certain stocks in the Indian market that constantly divide investor opinion. Some see deep value. Others see years of underperformance and broken expectations. Subex Ltd falls exactly into that category.

Subex Share Price Target

Subex is an Indian software company specializing in digital trust solutions for telecom operators.

Financial table for Subex

Market Cap₹538 Cr.(As of April 2026)
Price to Earnings164
Return on equity-11.3%
Debt to equity0.09
Current ratio2.57
Dividend Yield0.00%
Return on assets-7.08%
ROCE-6.44%
Face Value₹5.00
52 Week High₹17.3
52 Week Low₹6.61

Subex Shareholding Pattern



Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Promoters

0.00%

0.00%

0.00%

0.00%

0.00%

0.00%

0.00%

FIIs

0.00%

0.01%

0.80%

0.99%

1.23%

1.74%

1.10%

DIIs

0.60%

0.03%

0.01%

0.01%

0.01%

0.01%

0.01%

Public

95.49%

96.43%

96.83%

97.03%

97.38%

96.86%

97.62%

Others

3.91%

3.54%

2.36%

1.98%

1.38%

1.38%

1.27%

No. of Shareholders

99,008

1,57,061

3,58,634

3,57,862

3,81,330

3,62,141

3,38,483


Subex Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 10-15

for the move Enterprise software revenue provides stability. Projected Targets:
YEAR 2027

Target Range (₹) : 16-22

for the move Expansion into SaaS and adjacent sectors boosts recurring revenue. Projected Targets:
YEAR 2028

Target Range (₹) : 23-30

for the move AI platforms contribute gradually to revenue mix. Projected Targets:
YEAR 2029

Target Range (₹) : 10-16

for the move Partial adoption improves revenue slightly but margins remain weak. Projected Targets:
YEAR 2030

Target Range (₹) : 15-20

for the move Mature AI + telecom model stabilizes revenue streams.

Historic Performance:

Subex Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : 378.15%

Start of the year price5.95
End of the year price28.45
Reason : Massive rally driven by turnaround expectations and AI narrative shift.
YEAR 2021

Yearly returns : 88.68%

Start of the year price28.70
End of the year price54.15
Reason : Continued surge driven by optimism around AI-led business pivot.
YEAR 2022

Yearly returns : -37.80%

Start of the year price54.50
End of the year price33.90
Reason : Sharp correction due to weak financial performance and execution gaps.
YEAR 2023

Yearly returns : -0.60%

Start of the year price34.15
End of the year price33.95
Reason : Market awaited proof of AI monetization.
YEAR 2024

Yearly returns : -35.26%

Start of the year price33.95
End of the year price21.98
Reason : Decline driven by continued weak earnings and slow product scaling.
YEAR 2025

Yearly returns : -49.28%

Start of the year price22.30
End of the year price11.31
Reason : Sharp fall due to failure to scale AI products and revenue stagnation.

Conclusion

For aggressive investors with high risk appetite, Subex may offer long-term upside potential if business execution improves meaningfully.

For conservative investors, however, the stock may still remain too volatile and speculative compared to established IT companies.

Overall, the long-term Subex share price target depends less on market excitement and more on whether the company can consistently deliver revenue growth, profitability, and scalable AI adoption.


FAQs

To read the RA disclaimer, please click here