Ather Energy Share Price Target 2025: Will It Cross ₹450?

As of August 1, 2025, Ather Energy is trading around ₹348.45 on the NSE. After gaining traction in the EV sector and drawing institutional interest, analysts project a potential upside toward ₹450 by year-end 2025.

This article uses technical analysis indicators such as RSI, MACD, and moving averages to forecast the stock’s possible movement.

Ather Energy Stock Overview

Technical Analysis: What’s the Chart Saying?

1. Moving Averages

• 50-Day EMA: ₹336 → Stock is trading above this level (bullish)

• 200-Day EMA: ₹320 → Indicates long-term strength

2. RSI (Relative Strength Index)

• Current RSI: 58

• Interpretation: Neutral to mildly bullish (below overbought)

3. MACD (Moving Average Convergence Divergence)

• A bullish crossover occurred last week

• MACD Histogram shows building momentum

4. Volume

• Volume rose ~15% over last 7 sessions — a signal of institutional accumulation

Ather Energy Share Price Target 2025

Based on chart patterns, trendlines, and historical breakouts, here’s a forecast:

Growth Drivers

• HSBC Coverage: HSBC initiated a “Buy” rating with a ₹450 target (July 31, 2025)

• Strong EV Demand: Increased adoption of electric scooters across Tier 2–3 cities

• Product Edge: Industry-leading range, battery tech, and OTA updates

• Order Book: Rising pre-orders for new “Ather Rizta” model

Risks to Watch

• Valuation risk: High P/B ratio (~89×)

• Competition from Ola, Bajaj Chetak, TVS

• Regulatory changes or delays in EV subsidies

• Resistance zone at ₹360 remains a key hurdle

Ather Energy is showing strong technical and fundamental signals heading into 2025. With support around ₹330 and momentum building, a price target of ₹425–₹450 looks achievable if it breaks above ₹360 with volume confirmation.

Base case target: ₹400 – ₹420
Bullish case: ₹450+
Bear case (if resistance holds): ₹360 – ₹380