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HSBC Holdings plc (HSBC) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$93.16
Market reference
Price Target
$52.00
-44.2% Upside
Target Range
$52.00 — $52.00
High conviction
Analyst Rating
Hold
19 analysts
Forward P/E11.6x
Trailing P/E15.0x
Forward PEG0.35
Implied Growth+56.6%
Median Target$52.00
Analyst Spread0.0%

HSBC trades 44.2% above the consensus target of $52.00. Current price reflects optimism beyond analyst expectations.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$93.16
Consensus$52.00
High$52.00
Low$52.00
Model$135.42
Bear Case
$52
-44.2%
Consensus
$52
-44.2%
Bull Case
$52
-44.2%
Valuation Model TargetsConfidence: 52/100
Bear$47
Base$135
Bull$176

Analyst Ratings Distribution

Breakdown of 19 published analyst recommendations for HSBC

53% hold / mixed conviction
+13
BearishBullish
Weighted analyst sentiment score based on 19 ratings
ConsensusHold
Coverage19 Analysts
Net Score+13
Bull / Bear37% / 11%
Strong Buy00%
Buy737%
Hold1053%
Sell211%
Strong Sell00%
Strong Buy
00%
Buy
737%
Hold
1053%
Sell
211%
Strong Sell
00%
Recommendation Mix37% Buy · 53% Hold · 11% Sell
Buy (7)Hold (10)Sell (2)

HSBC Price Target Analysis

Updated March 2, 2026

As of March 2, 2026, HSBC Holdings plc (HSBC) has a Wall Street consensus price target of $52.00, based on estimates from 19 covering analysts. With the stock currently trading at $93.16, this represents a potential downside of -44.2%. The company has a market capitalization of $319.84B.

Analyst price targets range from a low of $52.00 to a high of $52.00, representing a 0% spread in expectations. The median target of $52.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Hold, with 7 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.

From a valuation perspective, HSBC trades at a trailing P/E of 15.0x and forward P/E of 11.6x. The forward PEG ratio of 0.35 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +56.6% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $135.42, with bear and bull scenarios of $46.70 and $175.90 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside-30.6%
Avg Forward P/E10.6x
Peers with Coverage4 / 6
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
HSBCHSBC Holdings plc
$319.8B$93.16$52.00-44.2%Hold11.6x19
SANBanco Santander, S.A.$181.4B$12.36$3.00-75.7%Buy8.7x23
BBVABanco Bilbao Vizcaya Argentaria, S.A.$130.9B$23.13——Buy9.8x13
BCSBarclays PLC$83.7B$24.28$29.00+19.4%Buy11.3x24
INGING Groep N.V.$83.3B$28.77$22.50-21.8%Buy10.4x17
NWGNatWest Group plc$66.2B$16.60——Buy11.6x6

Upside Potential Comparison

BCS
+19.4%
ING
-21.8%
HSBC
-44.2%
SAN
-75.7%

See HSBC's True Return

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Is HSBC Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare HSBC vs JPM

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Frequently Asked Questions

What is the HSBC stock price target for 2026?

HSBC's consensus price target is $52, -44.2% below the current price of $93.16. The 19 analysts tracking HSBC see downside risk at present valuations.

Is HSBC a buy, sell, or hold?

HSBC has a consensus rating of "Hold" based on 19 Wall Street analysts. The rating breakdown is mixed, with 10 Hold ratings making up the largest segment. The consensus 12-month price target of $52 implies -44.2% downside from current levels.

Is HSBC stock overvalued or undervalued?

With a forward P/E of 11.6306x, HSBC trades at a relatively low valuation. The consensus target of $52 implies -44.2% move, suggesting the market may be pricing in risks.

How high can HSBC stock go?

The most bullish Wall Street analyst has a price target of $52 for HSBC, while the most conservative target is $52. The consensus of $52 represents the median expectation. Our quantitative valuation model projects a bull case target of $176 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover HSBC stock?

HSBC is well covered by analysts, with 19 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 10 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the HSBC stock forecast?

The 12-month HSBC stock forecast based on 19 Wall Street analysts shows a consensus price target of $52, with estimates ranging from $52 (bear case) to $52 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $135, with bear/bull scenarios of $47/$176.

What is HSBC's fair value based on fundamentals?

Our quantitative valuation model calculates HSBC's fair value at $135 (base case), with a bear case of $47 and bull case of $176. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.

What is HSBC's forward P/E ratio?

HSBC trades at a forward P/E ratio of 11.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy HSBC stock?

Analysts are cautious on HSBC, with 2 Sell ratings and a price target of $52 (-44.2% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do HSBC price targets vary so much?

HSBC analyst price targets range from $52 to $52, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $52 consensus represents the middle ground. Our model's $47-$176 range provides an independent fundamental perspective.

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