Banco Santander, S.A. Sponsored ADR (Spain) (SAN) Analyst Ratings & Price Targets

Banco Santander, S.A. Sponsored ADR (Spain)

SAN · NYSE

Analyst Consensus

Buy

8 analysts

$11

Current

—

Low

$16

Average

—

High

Average target implies +37.06% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Buy across 8 analysts, with a mean target of $15.57; no low or high target is provided, so the target spread and individual target cluster cannot be established. A separate TradingView excerpt reports a broader 25-analyst consensus of 19 Buys and 6 Holds and a $15.59 target, indicating that the sources use different analyst counts. Neither source identifies the most- or least-bullish analyst. CNN’s current news excerpt reports that Erste Group downgraded Santander from Buy to Hold; the supplied material does not provide a clear date or other attributable, week-dated rating revisions. A separate target-cut headline gives $15.59 without naming the analyst or firm, so it cannot explain the spread. The substantive debate is whether strong underlying and nine-month profit growth outweighs Q3 estimate misses and regional return differences.

Rating Actions

No individual rating actions have been captured for SAN yet. 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.

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Symbol: SAN
Type: Stock
Sector: Finance
Industry: Commercial Banks
Country: Europe
Exchange: NYSE

Banco Santander (SAN SM) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group's activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank's purpose is to help people and businesses prosper in a simple, personal and fair way. At the end of 2025, Banco Santander had 1.

Key Issues

Bullish view

Underlying profit rose 19% in Q3 and 16% over the first nine months, while nine-month attributable profit reached a record €12.405 billion. Santander also reiterated its 2026 targets.

Bearish view

Q3 attributable profit declined 2% year over year, and reported Q3 EPS and revenue missed estimates, tempering the strong underlying-profit growth.

Analyst Consensus

See all

Buy

8 analysts

$11

Current

—

Low

$16

Average

—

High

Average target implies +37.06% versus the current price.

Earnings History

BeatMissNo estimate

Banco Santander, S.A. Sponsored ADR (Spain)

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers