HDFC Bank Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, HDFC Bank stock has a consensus rating of "Strong Buy" and an average price target of $34.42. The average 1-year stock price forecast is 47.03% higher than the current stock price, while the lowest is $29.7 (+26.87%) and the highest is $36 (+53.78%).

Price Target: $34.42 (+47.03%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$29.7	$34.42	$36	$36
Change	+26.87%	+47.03%	+53.78%	+53.78%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Financial Forecast

Revenue This Year

2.05T

from 3.10T

-33.88%

from 3.10T

Revenue Next Year

2.35T

from 2.05T

14.49%

from 2.05T

EPS This Year

54.14

from 49.28

9.86%

from 49.28

EPS Next Year

62.84

from 54.14

16.06%

from 54.14

Fiscal Year	FY 2026	FY 2027
Period Ending	Mar 31, 2026	Mar 31, 2027
Revenue	3.10T	2.05T
Revenue Growth	8.00%	-33.88%
Operating Income	1.19T	1.26T
Net Income	746.71B	835.40B
EPS	49.28	54.14
EPS Growth	12.13%	9.86%
Forward PE	-	41.24
Dividend / Share	15.50	14.19
Dividend Growth	40.91%	-8.45%
No. Analysts	-	37

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

Revenue Forecast

Revenue	2027	2028	2029
High	2.1T
Avg	2.0T
Low	2.0T

Revenue Growth

Revenue Growth	2027	2028	2029
High	-30.7%
Avg	-33.9%
Low	-36.3%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	54.14
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	9.9%
Low	-