Banco Santander Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Banco Santander stock has a consensus rating of "Buy" and an average price target of €13.85. The average 1-year stock price forecast is 20.33% higher than the current stock price, while the lowest is €11.30 (-1.82%) and the highest is €15.30 (+32.93%).

Price Target: €13.85 (+20.33%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	€11.30	€13.85	€14.00	€15.30
Change	-1.82%	+20.33%	+21.63%	+32.93%

Analyst Ratings

The average analyst rating for Banco Santander stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	11	11	11	11	11	10
Buy	6	6	6	6	6	6
Hold	2	2	2	3	3	5
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	20	20	20	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Cecilia Romero Barclays	Barclays	Buy Maintains €12.91	Buy	Maintains	€12.91	+12.16%	Oct 21, 2026
Ignacio Cerezo UBS	UBS	Buy Maintains €14.00	Buy	Maintains	€14.00	+21.63%	Oct 20, 2026
Miruna Chirea Jefferies	Jefferies	Hold Downgrades €12.00 → €13.00	Hold	Downgrades	€12.00 → €13.00	+12.95%	Oct 20, 2026
Marta Sanchez Romero J.P. Morgan	J.P. Morgan	Hold Maintains €12.60 → €12.90	Hold	Maintains	€12.60 → €12.90	+12.08%	Oct 15, 2026
Benjamin Toms RBC Capital	RBC Capital	Buy Reiterates €13.50 → €13.25	Buy	Reiterates	€13.50 → €13.25	+15.12%	Oct 1, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

63.94B

from 62.39B

2.48%

from 62.39B

Revenue Next Year

69.45B

from 63.94B

8.62%

from 63.94B

EPS This Year

1.04

from 0.90

15.58%

from 0.90

EPS Next Year

1.25

from 1.04

20.25%

from 1.04

Fiscal Year	FY 2025	FY 2026
Period Ending	Dec 31, 2025	Dec 31, 2026
Revenue	62.39B	63.94B
Revenue Growth	0.29%	2.48%
Operating Income	36.67B	36.51B
Net Income	14.10B	15.82B
EPS	0.90	1.04
EPS Growth	16.88%	15.58%
Forward PE	-	11.06
Dividend / Share	0.23	0.25
Dividend Growth	15.38%	12.22%
No. Analysts	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	64.7B
Avg	63.9B
Low	61.6B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	3.7%
Avg	2.5%
Low	-1.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.26
Avg	1.04
Low	0.96

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	40.0%
Avg	15.6%
Low	6.4%