After hours

HDFC Bank Limited

HDB · NYSE

Analyst Consensus

Buy

5 analysts

$24

Current

—

Low

$36

Average

—

High

Average target implies +53.07% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Buy across five analysts, with a mean target of $36; the low and high targets are unavailable, so target clustering and the width of the spread cannot be measured. Separate sources report materially different datasets: ChartMill cites 46 analysts and a $34.44 average, while Zacks cites four analysts, a $75.29 average, and a $70.00-$77.15 range. Revision direction is mixed. Investec's Param Subramanian raised his target to INR2,260 from INR2,150 and kept Buy, whereas Simply Wall St reports a reduction from ₹1,167.08 to ₹1,137.00. No named analyst can be identified as most or least bullish; the core disagreement is fair value and earnings assumptions.

Rating Actions

No individual rating actions have been captured for HDByet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

GOLDMAN SACHS

JEFFERIES & CO.

MORGAN STANLEY

NOMURA RESEARCH

Symbol: HDB
Type: Stock
Sector: Finance
Industry: Commercial Banks
Exchange: NYSE

HDFC Bank Ltd is a large, publicly traded Indian bank. There are three units: retail banking, wholesale banking, and treasury. Retail banking services are offered through numerous branches and ATMs. Wholesale focuses on the largest Indian corporations, and the treasury unit offers risk-management services, such as foreign exchange trading.

Key Issues

Bullish view

HDFC Bank's revenue increased from $22.2 billion in FY2024 to $25.6 billion in FY2025, while net income rose from $7.5 billion to $7.9 billion. The five-analyst consensus is Buy with a mean target of $36, supporting the case for further upside.

Bearish view

Net income growth was modest relative to revenue growth, which could make the higher valuation targets difficult to justify if profitability does not accelerate. The evidence does not establish that recent growth will persist.

Analyst Consensus

See all

Buy

5 analysts

$24

Current

—

Low

$36

Average

—

High

Average target implies +53.07% versus the current price.

Earnings History

BeatMissNo estimate

HDFC Bank Limited

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers