State Bank of India (NSE:SBIN)
India · Delayed Price · Currency is INR 1,037.70
-2.30 (-0.22%)
Jul 6, 2026, 3:30 PM IST
State Bank of India Stock Forecast
Stock Price Forecast
According to 39 analysts polled by S&P Global, State Bank of India stock has a consensus rating of "Strong Buy" and an average price target of ₹1,197. The average 1-year stock price forecast is 15.38% higher than the current stock price, while the lowest is ₹980.00 (-5.56%) and the highest is ₹1,301 (+25.37%).
Price Target: ₹1,197 (+15.38%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 11, 2026.
Analyst Ratings
The average analyst rating for State Bank of India 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 26 | 26 | 28 | 27 | 27 | 27 |
| Buy | 6 | 6 | 5 | 5 | 5 | 5 |
| Hold | 7 | 7 | 6 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 39 | 39 | 39 | 39 | 39 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹1,300 | Buy | Maintains | ₹1,300 | +25.28% | May 11, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains ₹980.00 | Hold | Maintains | ₹980.00 | -5.56% | May 11, 2026 |
Unknown Analyst Motilal Oswal No rating | Motilal Oswal | Buy Maintains ₹1,300 | Buy | Maintains | ₹1,300 | +25.28% | May 11, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹1,260 | Buy | Maintains | ₹1,260 | +21.42% | Apr 3, 2026 |
| DAM Capital Advisors No rating | DAM Capital Advisors | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Feb 9, 2026 |
Financial Forecast
Revenue This Year
2.67T
from 3.95T
Decreased by -32.23%
Revenue Next Year
3.01T
from 2.67T
Increased by 12.60%
EPS This Year
89.47
from 91.40
Decreased by -2.11%
EPS Next Year
101.88
from 89.47
Increased by 13.86%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.8T | ||
| Avg | 2.7T | ||
| Low | 2.5T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | -28.9% | ||
| Avg | -32.2% | ||
| Low | -37.5% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 101.93 | ||
| Avg | 89.47 | ||
| Low | 71.64 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 11.5% | ||
| Avg | -2.1% | ||
| Low | -21.6% |