HDFC Bank Limited (NSE:HDFCBANK)
India · Delayed Price · Currency is INR 694.05
-12.90 (-1.82%)
Oct 22, 2026, 3:28 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 ₹978.51. The average 1-year stock price forecast is 40.99% higher than the current stock price, while the lowest is ₹800.00 (+15.27%) and the highest is ₹1,270 (+82.98%).
Price Target: ₹978.51 (+40.99%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 33 | 34 | 33 | 33 | 33 | 33 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 0 | 0 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 39 | 40 | 40 | 41 | 41 | 41 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Elara Securities No rating | Elara Securities | Buy Maintains ₹923.00 | Buy | Maintains | ₹923.00 | +32.99% | Oct 19, 2026 |
Unknown Analyst Motilal Oswal No rating | Motilal Oswal | Buy Maintains ₹925.00 | Buy | Maintains | ₹925.00 | +33.28% | Oct 5, 2026 |
Unknown Analyst Emkay Global Financial Services No rating | Emkay Global Financial Services | Buy Maintains ₹1,225 | Buy | Maintains | ₹1,225 | +76.50% | Oct 5, 2026 |
| Jefferies | Jefferies | Buy Maintains ₹880.00 | Buy | Maintains | ₹880.00 | +26.79% | Sep 1, 2026 |
| ICICI Securities | ICICI Securities | Buy Maintains ₹1,000 → ₹925.00 | Buy | Maintains | ₹1,000 → ₹925.00 | +33.28% | Sep 1, 2026 |
Financial Forecast
Revenue This Year
2.00T
from 1.91T
Increased by 4.67%
Revenue Next Year
2.31T
from 2.00T
Increased by 15.29%
EPS This Year
52.97
from 48.40
Increased by 9.45%
EPS Next Year
61.81
from 52.97
Increased by 16.68%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.