HDFC Bank Limited (NSE:HDFCBANK)
India flag India · Delayed Price · Currency is INR
721.20
+12.50 (1.76%)
Oct 1, 2026, 3:15 PM IST

HDFC Bank Stock Forecast

Stock Price Forecast

According to 41 analysts polled by S&P Global, HDFC Bank stock has a consensus rating of "Strong Buy" and an average price target of ₹994.49. The average 1-year stock price forecast is 37.89% higher than the current stock price, while the lowest is ₹800.00 (+10.93%) and the highest is ₹1,400 (+94.12%).

Price Target: ₹994.49 (+37.89%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹800.00₹994.49₹972.00₹1,400
Change+10.93%+37.89%+34.78%+94.12%
* Price targets were last updated on Sep 1, 2026.

Analyst Ratings

The average analyst rating for HDFC Bank stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy333334333333
Buy666666
Hold000122
Sell000000
Strong Sell000000
Total393940404141

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
₹880.00
BuyMaintains₹880.00+22.02%Sep 1, 2026
ICICI Securities
ICICI Securities
Buy
Maintains
₹1,000 → ₹925.00
BuyMaintains₹1,000 → ₹925.00+28.26%Sep 1, 2026

Financial Forecast

Revenue This Year
2.01T
from 3.10T
Decreased by -35.22%
Revenue Next Year
2.32T
from 2.01T
Increased by 15.32%
EPS This Year
53.15
from 49.28
Increased by 7.86%
EPS Next Year
62.00
from 53.15
Increased by 16.65%
Fiscal YearFY 2026FY 2027
Period EndingMar 31, 2026Mar 31, 2027
Revenue
3.10T2.01T
Revenue Growth
8.00%-35.22%
Gross Profit
108.49B67.16B
Gross Margin
3.50%3.34%
Operating Income
1.29T1.23T
Net Income
746.71B820.89B
EPS
49.2853.15
EPS Growth
12.13%7.86%
Forward PE
-13.57
Dividend / Share
15.5013.96
Dividend Growth
40.91%-9.93%
No. Analysts
-35
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High2.1T
Avg2.0T
Low1.9T

Revenue Growth

Revenue Growth202720282029
High
-32.3%
Avg
-35.2%
Low
-38.5%

EPS Forecast

EPS202720282029
High56.00
Avg53.15
Low49.14

EPS Growth

EPS Growth202720282029
High
13.6%
Avg
7.9%
Low
-0.3%