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NYSE: HDB
Hdfc Bank Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for HDB

Based on 3 analysts offering 12 month price targets for Hdfc Bank Ltd.
Min Forecast
$90.00+17.31%
Avg Forecast
$94.00+22.52%
Max Forecast
$101.00+31.65%

Should I buy or sell HDB stock?

Strong Buy
Strong Buy
4 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is HDB forecast to generate an efficient return?
Company
84.72%
Industry
88.84%
Market
61.34%
HDB's Return on Equity is forecast to be high in 3 years (84.72%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is HDB forecast to generate an efficient return on assets?
Company
10.05%
Industry
19.08%
Market
18.93%
HDB is forecast to generate lower Return on Assets (10.05%) than the US Financial Services industry average (19.08%)
Forecast

HDB earnings per share forecast

What is HDB's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$2.80+47.76%
Avg 2 year Forecast
$3.36+77.31%
Avg 3 year Forecast
$3.91+106.07%
HDB's earnings are forecast to grow at an exceptional rate of 27.01% per year
Forecast

HDB revenue forecast

What is HDB's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$14.1B+57.79%
Avg 2 year Forecast
$16.5B+84.86%
Avg 3 year Forecast
$19.2B+114.26%
HDB's revenue is forecast to grow at an exceptional rate of 28.52% per year
Forecast

HDB earnings growth forecast

How is HDB forecast to perform vs Financial Services companies and vs the US market?
Company
27.01%
Industry
17.81%
Market
19.57%
HDB's earnings are forecast to grow faster (27.01% per year) than the US Financial Services industry average (17.81%)
Forecast
HDB's earnings are forecast to grow faster (27.01% per year) than the US market average (19.57%)
Forecast
HDB's earnings are forecast to grow faster (27.01% per year) than the risk-free savings rate (1.5%)
Forecast

HDB revenue growth forecast

How is HDB forecast to perform vs Financial Services companies and vs the US market?
Company
28.52%
Industry
12.36%
Market
14.55%
HDB's revenues are forecast to grow faster (28.52% per year) than the US Financial Services industry average (12.36%)
Forecast
HDB's revenues are forecast to grow faster (28.52% per year) than the US market average (14.55%)
Forecast

Hdfc Bank Ltd Stock Forecast FAQ

Is Hdfc Bank Ltd Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: HDB) stock is to Strong Buy HDB stock.

Out of 4 analysts, 4 (100%) are recommending HDB as a Strong Buy, 0 (0%) are recommending HDB as a Buy, 0 (0%) are recommending HDB as a Hold, 0 (0%) are recommending HDB as a Sell, and 0 (0%) are recommending HDB as a Strong Sell.

What is HDB's earnings growth forecast for 2022-2024?

(NYSE: HDB) Hdfc Bank Ltd's forecast annual earnings growth rate of 27.01% is forecast to beat the US Financial Services industry's average forecast earnings growth rate of 17.81%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.57%.

Hdfc Bank Ltd's earnings in 2021 is $3,474,898,531.On average, 4 Wall Street analysts forecast HDB's earnings for 2022 to be $15,353,202,088, with the lowest HDB earnings forecast at $14,859,706,307, and the highest HDB earnings forecast at $16,175,695,057. On average, 4 Wall Street analysts forecast HDB's earnings for 2023 to be $18,423,842,506, with the lowest HDB earnings forecast at $17,820,680,995, and the highest HDB earnings forecast at $19,356,001,204.

In 2024, HDB is forecast to generate $21,412,233,626 in earnings, with the lowest earnings forecast at $21,165,485,736 and the highest earnings forecast at $21,658,981,517.

What is HDB's revenue growth forecast for 2022-2024?

(NYSE: HDB) Hdfc Bank Ltd's forecast annual revenue growth rate of 28.52% is forecast to beat the US Financial Services industry's average forecast revenue growth rate of 12.36%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 14.55%.

Hdfc Bank Ltd's revenue in 2021 is $9,000,327,102.On average, 3 Wall Street analysts forecast HDB's revenue for 2022 to be $77,356,028,512,955, with the lowest HDB revenue forecast at $76,009,481,407,114, and the highest HDB revenue forecast at $78,525,597,065,014. On average, 3 Wall Street analysts forecast HDB's revenue for 2023 to be $90,626,607,120,723, with the lowest HDB revenue forecast at $89,171,397,727,104, and the highest HDB revenue forecast at $92,838,181,048,635.

In 2024, HDB is forecast to generate $105,037,479,014,140 in revenue, with the lowest revenue forecast at $104,631,304,569,616 and the highest revenue forecast at $105,443,653,458,665.

What is HDB's forecast return on assets (ROA) for 2022-2024?

(NYSE: HDB) forecast ROA is 10.05%, which is lower than the forecast US Financial Services industry average of 19.08%.

What is HDB's Price Target?

According to 3 Wall Street analysts that have issued a 1 year HDB price target, the average HDB price target is $94.00, with the highest HDB stock price forecast at $101.00 and the lowest HDB stock price forecast at $90.00.

On average, Wall Street analysts predict that Hdfc Bank Ltd's share price could stay at $94.00 by May 25, 2022. The average Hdfc Bank Ltd stock price prediction forecasts a potential downside of N/A from the current HDB share price of $76.72.

What is HDB's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: HDB) Hdfc Bank Ltd's current Earnings Per Share (EPS) is $1.91. On average, analysts forecast that HDB's EPS will be $2.80 for 2022, with the lowest EPS forecast at $2.71, and the highest EPS forecast at $2.95. On average, analysts forecast that HDB's EPS will be $3.36 for 2023, with the lowest EPS forecast at $3.25, and the highest EPS forecast at $3.53. In 2024, HDB's EPS is forecast to hit $3.91 (min: $3.86, max: $3.95).

What is HDB's forecast return on equity (ROE) for 2022-2024?

(NYSE: HDB) forecast ROE is 84.72%, which is considered strong.
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