Indian Bank (NSE:INDIANB)

Indian Bank Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Indian Bank stock has a consensus rating of "Buy" and an average price target of ₹1,002. The average 1-year stock price forecast is 19.23% higher than the current stock price, while the lowest is ₹910.00 (+8.33%) and the highest is ₹1,105 (+31.55%).

Price Target: ₹1,002 (+19.23%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹910.00	₹1,002	₹1,000	₹1,105
Change	+8.33%	+19.23%	+19.05%	+31.55%

* Price targets were last updated on Jan 26, 2026.

Analyst Ratings

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

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	9	8	7	7	8	8
Buy	1	2	2	2	2	2
Hold	1	2	2	2	2	2
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	11	11	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vishal Narnolia ICICI Securities	ICICI Securities	Hold Maintains ₹950.00	Hold	Maintains	₹950.00	+13.10%	Jan 26, 2026

Financial Forecast

Revenue This Year

407.84B

Increased by 10.51%

from 369.06B

Revenue Next Year

456.70B

Increased by 11.98%

from 407.84B

EPS This Year

96.54

Increased by 6.98%

from 90.24

EPS Next Year

107.32

Increased by 11.16%

from 96.54

Fiscal Year	FY 2026	FY 2027
Period Ending	Mar 31, 2026	Mar 31, 2027
Revenue	369.06B	407.84B
Revenue Growth	7.28%	10.51%
Gross Profit	11.96B	12.46B
Gross Margin	3.24%	3.06%
Operating Income	199.16B	219.91B
Net Income	121.56B	130.49B
EPS	90.24	96.54
EPS Growth	11.32%	6.98%
Forward PE	-	8.70
Dividend / Share	18.25	19.23
Dividend Growth	12.31%	5.36%
No. Analysts	-	11

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

Revenue Forecast

Revenue	2027	2028	2029
High	425.1B
Avg	407.8B
Low	393.0B

Revenue Growth

Revenue Growth	2027	2028	2029
High	15.2%
Avg	10.5%
Low	6.5%

EPS Forecast

EPS	2027	2028	2029
High	104.40
Avg	96.54
Low	90.70

EPS Growth

EPS Growth	2027	2028	2029
High	15.7%
Avg	7.0%
Low	0.5%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Jan 26, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Data Sources Report a data error