XTB S.A. Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, XTB S.A. stock has a consensus rating of "Buy" and an average price target of zł 110.34. The average 1-year stock price forecast is 15.58% lower than the current stock price, while the lowest is zł 81.70 (-37.49%) and the highest is zł 152.65 (+16.79%).

Price Target: zł 110.34 (-15.58%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	zł 81.70	zł 110.34	zł 103.50	zł 152.65
Change	-37.49%	-15.58%	-20.81%	+16.79%

Analyst Ratings

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

Recommendation Trends

Rating	Oct '25	Dec '25	Jan '26	Apr '26	Jun '26	Jul '26
Strong Buy	1	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	2	2	2	3	3

Financial Forecast

Revenue This Year

3.36B

from 2.12B

58.32%

from 2.12B

Revenue Next Year

3.39B

from 3.36B

0.91%

from 3.36B

EPS This Year

11.78

from -

EPS Next Year

12.79

from 11.78

8.64%

from 11.78

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	625.75M	1.45B	1.61B	1.86B	2.12B	3.36B
Revenue Growth	-21.66%	131.54%	10.83%	15.72%	14.32%	58.32%
Operating Income	276.95M	885.51M	923.55M	986.61M	833.74M	1.66B
Net Income	237.83M	766.10M	791.17M	857.03M	644.19M	1.36B
EPS	-	-	-	-	-	11.78
Forward PE	11.00	11.00	11.00	11.00	11.00	11.10
Dividend / Share	1.50	4.86	5.02	5.45	4.07	6.23
Dividend Growth	-	224.00%	3.29%	8.57%	-25.32%	52.99%
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026	2027	2028
High	3.5B
Avg	3.4B
Low	3.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	66.8%
Avg	58.3%
Low	53.2%

EPS Forecast

EPS	2026	2027	2028
High	11.78
Avg	11.78
Low	11.78

EPS Growth

EPS Growth	2027	2028
High	8.6%
Avg	8.6%
Low	8.6%