26 Feb 2026 | 5 Mins Read
Goldman Sachs downgrades Ola Electric, sparking no 'buy' ratings
Flipitmoney
Goldman Sachs downgraded Ola Electric to 'Neutral,' cutting its price target by 50% to ₹26 from ₹52. The brokerage also lowered FY26 to FY28 revenue estimates, citing a mid single-digit market share in FY30 and beyond. A fundraise may be needed in 12-18 months due to cash burn, with only 'Sell' or 'Hold' ratings among analysts, and a 84% correction from its post-listing high.