HDFC Bank Limited (NSE:HDFCBANK)
744.55
-14.10 (-1.86%)
May 29, 2026, 3:30 PM IST
HDFC Bank Stock Forecast
Stock Price Forecast
According to 39 analysts polled by S&P Global, HDFC Bank stock has a consensus rating of "Strong Buy" and an average price target of ₹1,040. The average 1-year stock price forecast is 39.65% higher than the current stock price, while the lowest is ₹890.00 (+19.54%) and the highest is ₹1,360 (+82.66%).
Price Target: ₹1,040 (+39.65%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 16, 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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 28 | 29 | 28 | 29 | 33 | 33 |
| Buy | 8 | 7 | 7 | 7 | 6 | 6 |
| Hold | 3 | 3 | 3 | 2 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 39 | 39 | 38 | 38 | 39 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹1,050 | Buy | Maintains | ₹1,050 | +41.02% | Apr 16, 2026 |
Unknown Analyst Geojit Research No rating | Geojit Research | Hold Maintains ₹1,022 | Hold | Maintains | ₹1,022 | +37.26% | Feb 10, 2026 |
Unknown Analyst IDBI Capital No rating | IDBI Capital | Buy Maintains ₹1,078 | Buy | Maintains | ₹1,078 | +44.79% | Jan 20, 2026 |
| ICICI Securities | ICICI Securities | Buy Maintains ₹1,200 → ₹1,150 | Buy | Maintains | ₹1,200 → ₹1,150 | +54.46% | Jan 19, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.