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ING Groep N.V. (ING) Price Target Analysis

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

Current Price
$28.77
Market reference
Price Target
$22.50
-21.8% Upside
Target Range
$22.50 — $22.50
High conviction
Analyst Rating
Buy
17 analysts
Forward P/E10.4x
Trailing P/E11.5x
Forward PEG0.38
Implied Growth+27.4%
Median Target$22.50
Analyst Spread0.0%

ING trades 21.8% above the consensus target of $22.50. Current price reflects optimism beyond analyst expectations.

Price Forecast (1 Year)

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

Current$28.77
Consensus$22.50
High$22.50
Low$22.50
Model$13.17
Bear Case
$23
-21.8%
Consensus
$23
-21.8%
Bull Case
$23
-21.8%
Valuation Model TargetsConfidence: 42/100
Bear$5
Base$13
Bull$36

Analyst Ratings Distribution

Breakdown of 17 published analyst recommendations for ING

11/17 analysts are bullish
+35
BearishBullish
Weighted analyst sentiment score based on 17 ratings
ConsensusBuy
Coverage17 Analysts
Net Score+35
Bull / Bear65% / 0%
Strong Buy16%
Buy1059%
Hold635%
Sell00%
Strong Sell00%
Strong Buy
16%
Buy
1059%
Hold
635%
Sell
00%
Strong Sell
00%
Recommendation Mix65% Buy · 35% Hold · 0% Sell
Buy (11)Hold (6)Sell (0)

ING Price Target Analysis

Updated February 28, 2026

As of February 28, 2026, ING Groep N.V. (ING) has a Wall Street consensus price target of $22.50, based on estimates from 17 covering analysts. With the stock currently trading at $28.77, this represents a potential downside of -21.8%. The company has a market capitalization of $83.27B.

Analyst price targets range from a low of $22.50 to a high of $22.50, representing a 0% spread in expectations. The median target of $22.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Buy, with 11 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.

From a valuation perspective, ING trades at a trailing P/E of 11.5x and forward P/E of 10.4x. The forward PEG ratio of 0.38 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +27.4% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $13.17, with bear and bull scenarios of $5.40 and $36.35 respectively. Model confidence stands at 42/100, suggesting limited visibility into future performance.

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
INGING Groep N.V.
$83.3B$28.77$22.50-21.8%Buy10.4x17
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
NWGNatWest Group plc$66.2B$16.60——Buy11.6x6

Upside Potential Comparison

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

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Is ING Undervalued?

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

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Compare ING vs JPM

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Frequently Asked Questions

What is the ING stock price target for 2026?

ING's consensus price target is $22.5, -21.8% below the current price of $28.77. The 17 analysts tracking ING see downside risk at present valuations.

Is ING a buy, sell, or hold?

ING has a consensus rating of "Buy" based on 17 Wall Street analysts. The rating breakdown is predominantly bullish, with 11 Buy/Strong Buy ratings. The consensus 12-month price target of $22.5 implies -21.8% downside from current levels.

Is ING stock overvalued or undervalued?

With a forward P/E of 10.4092x, ING trades at a relatively low valuation. The consensus target of $22.5 implies -21.8% move, suggesting the market may be pricing in risks.

How high can ING stock go?

The most bullish Wall Street analyst has a price target of $22.5 for ING, while the most conservative target is $22.5. The consensus of $22.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $36 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover ING stock?

ING is well covered by analysts, with 17 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 10 have Buy ratings, 6 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the ING stock forecast?

The 12-month ING stock forecast based on 17 Wall Street analysts shows a consensus price target of $22.5, with estimates ranging from $22.5 (bear case) to $22.5 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $13, with bear/bull scenarios of $5/$36.

What is ING's fair value based on fundamentals?

Our quantitative valuation model calculates ING's fair value at $13 (base case), with a bear case of $5 and bull case of $36. 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 42/100.

What is ING's forward P/E ratio?

ING trades at a forward P/E ratio of 10.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 11.5x. 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 ING stock?

Analysts are cautious on ING, with 0 Sell ratings and a price target of $22.5 (-21.8% from current price). The "Buy" 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 ING price targets vary so much?

ING analyst price targets range from $22.5 to $22.5, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $22.5 consensus represents the middle ground. Our model's $5-$36 range provides an independent fundamental perspective.

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