Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Banco Santander, S.A. (SAN) has a Wall Street consensus price target of $3.00, based on estimates from 23 covering analysts. With the stock currently trading at $12.36, this represents a potential downside of -75.7%. The company has a market capitalization of $181.42B.
Analyst price targets range from a low of $3.00 to a high of $3.00, representing a 0% spread in expectations. The median target of $3.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 13 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 3 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, SAN trades at a trailing P/E of 13.6x and forward P/E of 8.7x. The forward PEG ratio of 0.51 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +65.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $13.70, with bear and bull scenarios of $-2.53 and $81.50 respectively. Model confidence stands at 37/100, suggesting limited visibility into future performance.
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Start ComparisonSAN's consensus price target is $3, -75.7% below the current price of $12.36. The 23 analysts tracking SAN see downside risk at present valuations.
SAN has a consensus rating of "Buy" based on 23 Wall Street analysts. The rating breakdown is predominantly bullish, with 13 Buy/Strong Buy ratings. The consensus 12-month price target of $3 implies -75.7% downside from current levels.
With a forward P/E of 8.7412x, SAN trades at a relatively low valuation. The consensus target of $3 implies -75.7% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $3 for SAN, while the most conservative target is $3. The consensus of $3 represents the median expectation. Our quantitative valuation model projects a bull case target of $82 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
SAN is well covered by analysts, with 23 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 13 have Buy ratings, 7 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month SAN stock forecast based on 23 Wall Street analysts shows a consensus price target of $3, with estimates ranging from $3 (bear case) to $3 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $14, with bear/bull scenarios of $-3/$82.
Our quantitative valuation model calculates SAN's fair value at $14 (base case), with a bear case of $-3 and bull case of $82. 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 37/100.
SAN trades at a forward P/E ratio of 8.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.6x. 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.
Analysts are cautious on SAN, with 3 Sell ratings and a price target of $3 (-75.7% 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.
SAN analyst price targets range from $3 to $3, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $3 consensus represents the middle ground. Our model's $-3-$82 range provides an independent fundamental perspective.