HSBC (HSBC) Stock Forecast, Price Target & Predictions

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HSBC Stock Forecast

HSBC stock forecast is as follows: an average price target of $52.00 (represents a 12.36% upside from HSBC’s last price of $46.28) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

HSBC Price Target

The average price target for HSBC (HSBC) is $52.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $52.00 to $52.00. This represents a potential 12.36% upside from HSBC's last price of $46.28.

HSBC Analyst Ratings

Buy

According to 9 Wall Street analysts, HSBC's rating consensus is 'Buy'. The analyst rating breakdown for HSBC stock is 0 'Strong Buy' (0.00%), 4 'Buy' (44.44%), 4 'Hold' (44.44%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

HSBC Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 29, 2024	Firdaus Ibrahim	CFRA	$52.00	$46.44	11.97%	12.36%

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The latest HSBC stock forecast, released on Oct 29, 2024 by Firdaus Ibrahim from CFRA, set a price target of $52.00, which represents a 11.97% increase from the stock price at the time of the forecast ($46.44), and a 12.36% increase from HSBC last price ($46.28).

HSBC Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	1
Avg Price Target	$52.00	$52.00	$52.00
Last Closing Price	$46.28	$46.28	$46.28
Upside/Downside	12.36%	12.36%	12.36%

In the current month, the average price target of HSBC stock is $52.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.36% increase as opposed to HSBC's last price of $46.28. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 29, 2024	CFRA	Buy	Buy	Hold
Oct 29, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Oct 23, 2024	Deutsche Bank	Buy	Buy	Hold
Jul 31, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
May 09, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Jan 05, 2023	Jefferies	-	Buy	Upgrade
Oct 26, 2022	Societe Generale	Hold	Hold	Hold
Sep 30, 2022	Credit Suisse	Neutral	Neutral	Hold
Aug 08, 2022	RBC Capital	Outperform	Outperform	Hold
Aug 02, 2022	Barclays	Overweight	Overweight	Hold

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HSBC's last stock rating was published by CFRA on Oct 29, 2024. The company gave HSBC a "Buy" rating, the same as its previous rate.

HSBC Financial Forecast

HSBC Revenue Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Revenue	-	-	-	-	-	-	-	-	-	-	$16.53B	$21.09B	$10.09B	$15.03B	$15.29B	$15.59B	$14.64B	$16.60B	$16.83B	$15.94B	$15.82B	$17.10B	$14.03B	$15.83B	$17.00B	$17.43B	$19.62B
Avg Forecast	$16.82B	$16.37B	$16.67B	$15.70B	$16.25B	$16.11B	$17.57B	$15.42B	$16.47B	$15.85B	$16.34B	$14.51B	$12.99B	$12.65B	$12.59B	$11.98B	$12.19B	$12.51B	$12.76B	$11.38B	$12.02B	$12.65B	$14.24B	$13.02B	$13.99B	$14.16B	$14.06B
High Forecast	$16.82B	$16.37B	$16.67B	$15.70B	$16.30B	$16.13B	$17.57B	$15.42B	$16.51B	$15.85B	$16.34B	$14.51B	$12.99B	$12.65B	$12.59B	$11.98B	$12.19B	$12.51B	$12.76B	$11.38B	$12.02B	$12.65B	$14.24B	$13.02B	$13.99B	$14.16B	$14.06B
Low Forecast	$16.82B	$16.37B	$16.67B	$15.70B	$16.19B	$16.09B	$17.57B	$15.42B	$16.43B	$15.85B	$16.34B	$14.51B	$12.99B	$12.65B	$12.59B	$11.98B	$12.19B	$12.51B	$12.76B	$11.38B	$12.02B	$12.65B	$14.24B	$13.02B	$13.99B	$14.16B	$14.06B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	1.01%	1.45%	0.78%	1.19%	1.21%	1.30%	1.20%	1.33%	1.32%	1.40%	1.32%	1.35%	0.98%	1.22%	1.22%	1.23%	1.40%

HSBC's average Quarter revenue forecast for Jun 23 based on 1 analysts is $15.85B, with a low forecast of $15.85B, and a high forecast of $15.85B. HSBC's average Quarter revenue forecast represents a -4.09% decrease compared to the company's last Quarter revenue of $16.53B (Mar 23).

HSBC EBITDA Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	$12.61B	$5.05B	$2.96B	$4.86B	$4.01B	$2.56B	$5.20B	$4.81B	$5.55B	$1.21B	$2.87B	$863.00M	$2.97B	$-4.18B	$4.52B	$5.82B	$5.87B
Avg Forecast	$1.70B	$1.66B	$1.69B	$1.59B	$1.64B	$1.63B	$1.78B	$1.56B	$1.67B	$1.60B	$1.65B	$1.47B	$5.30B	$5.16B	$4.38B	$4.89B	$4.97B	$5.08B	$5.21B	$4.64B	$4.90B	$5.16B	$5.81B	$5.31B	$5.71B	$5.78B	$5.74B
High Forecast	$1.70B	$1.66B	$1.69B	$1.59B	$1.65B	$1.63B	$1.78B	$1.56B	$1.67B	$1.60B	$1.65B	$1.47B	$5.30B	$5.16B	$5.25B	$4.89B	$4.97B	$6.10B	$5.21B	$4.64B	$4.90B	$5.16B	$5.81B	$5.31B	$5.71B	$5.78B	$5.74B
Low Forecast	$1.70B	$1.66B	$1.69B	$1.59B	$1.64B	$1.63B	$1.78B	$1.56B	$1.66B	$1.60B	$1.65B	$1.47B	$5.30B	$5.16B	$3.50B	$4.89B	$4.97B	$4.07B	$5.21B	$4.64B	$4.90B	$5.16B	$5.81B	$5.31B	$5.71B	$5.78B	$5.74B
Surprise %	-	-	-	-	-	-	-	-	-	-	7.62%	3.44%	0.56%	0.94%	0.92%	0.52%	1.05%	0.95%	1.07%	0.26%	0.58%	0.17%	0.51%	-0.79%	0.79%	1.01%	1.02%

1 analysts predict HSBC's average Quarter EBITDA for Jun 23 to be $1.60B, with a high of $1.60B and a low of $1.60B. This is -87.27% lower than HSBC's previous annual EBITDA (Mar 23) of $12.61B.

HSBC Net Income Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	$10.74B	$4.74B	$2.38B	$5.62B	$3.29B	$2.03B	$4.04B	$3.61B	$4.34B	$760.00M	$1.83B	$391.00M	$2.25B	$-5.31B	$3.48B	$4.65B	$4.57B
Avg Forecast	$6.17B	$6.17B	$5.99B	$4.17B	$5.46B	$5.84B	$5.85B	$4.98B	$5.51B	$5.77B	$4.54B	$3.83B	$3.83B	$3.28B	$3.59B	$2.53B	$2.88B	$3.81B	$2.16B	$261.85M	$1.50B	$1.54B	$2.49B	$1.93B	$3.93B	$3.93B	$3.64B
High Forecast	$6.17B	$6.17B	$5.99B	$4.17B	$5.51B	$5.85B	$5.85B	$4.98B	$5.51B	$5.77B	$4.54B	$3.83B	$3.83B	$3.28B	$4.31B	$2.53B	$2.88B	$4.57B	$2.16B	$261.85M	$1.50B	$1.54B	$2.49B	$1.93B	$3.93B	$3.93B	$3.64B
Low Forecast	$6.17B	$6.17B	$5.99B	$4.17B	$5.41B	$5.84B	$5.85B	$4.98B	$5.51B	$5.77B	$4.54B	$3.83B	$3.83B	$3.28B	$2.87B	$2.53B	$2.88B	$3.05B	$2.16B	$261.85M	$1.50B	$1.54B	$2.49B	$1.93B	$3.93B	$3.93B	$3.64B
Surprise %	-	-	-	-	-	-	-	-	-	-	2.37%	1.24%	0.62%	1.71%	0.92%	0.80%	1.40%	0.95%	2.01%	2.90%	1.22%	0.25%	0.90%	-2.75%	0.89%	1.18%	1.26%

HSBC's average Quarter net income forecast for Jun 23 is $5.77B, with a range of $5.77B to $5.77B. HSBC's average Quarter net income forecast represents a -46.27% decrease compared to the company's last Quarter net income of $10.74B (Mar 23).

HSBC SG&A Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	$11.09B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$4.03B	$3.92B	$3.99B	$3.76B	$3.89B	$3.86B	$4.20B	$3.69B	$3.94B	$3.79B	$3.91B	$3.47B	$2.29B	$2.23B	$2.22B	$2.11B	$2.15B	$2.21B	$2.25B	$2.01B	$2.12B	$2.23B	$2.51B	$2.30B	$2.47B	$2.50B	$2.48B
High Forecast	$4.03B	$3.92B	$3.99B	$3.76B	$3.90B	$3.86B	$4.20B	$3.69B	$3.95B	$3.79B	$3.91B	$3.47B	$2.29B	$2.23B	$2.22B	$2.11B	$2.15B	$2.21B	$2.25B	$2.01B	$2.12B	$2.23B	$2.51B	$2.30B	$2.47B	$2.50B	$2.48B
Low Forecast	$4.03B	$3.92B	$3.99B	$3.76B	$3.88B	$3.85B	$4.20B	$3.69B	$3.93B	$3.79B	$3.91B	$3.47B	$2.29B	$2.23B	$2.22B	$2.11B	$2.15B	$2.21B	$2.25B	$2.01B	$2.12B	$2.23B	$2.51B	$2.30B	$2.47B	$2.50B	$2.48B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	3.19%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

HSBC's average Quarter SG&A projection for Mar 23 is $3.91B, based on 1 Wall Street analysts, with a range of $3.91B to $3.91B. The forecast indicates a -64.73% fall compared to HSBC last annual SG&A of $11.09B (Dec 22).

HSBC EPS Forecast

	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	$2.60	$1.19	$0.50	$1.41	$0.70	$0.50	$0.90	$0.89	$0.95	$0.19	$0.35	$0.10	$0.45	$-1.32	$0.75	$1.16	$1.05
Avg Forecast	$1.70	$1.70	$1.65	$1.15	$1.50	$1.61	$1.61	$1.37	$1.52	$1.59	$1.25	$1.06	$1.02	$0.88	$0.78	$0.68	$0.77	$0.85	$0.58	$0.07	$0.40	$0.41	$0.67	$0.52	$1.05	$1.05	$0.97
High Forecast	$1.70	$1.70	$1.65	$1.15	$1.52	$1.61	$1.61	$1.37	$1.52	$1.59	$1.25	$1.06	$1.02	$0.88	$0.78	$0.68	$0.77	$0.85	$0.58	$0.07	$0.40	$0.41	$0.67	$0.52	$1.05	$1.05	$0.97
Low Forecast	$1.70	$1.70	$1.65	$1.15	$1.49	$1.61	$1.61	$1.37	$1.52	$1.59	$1.25	$1.06	$1.02	$0.88	$0.78	$0.68	$0.77	$0.85	$0.58	$0.07	$0.40	$0.41	$0.67	$0.52	$1.05	$1.05	$0.97
Surprise %	-	-	-	-	-	-	-	-	-	-	2.08%	1.13%	0.49%	1.61%	0.90%	0.74%	1.17%	1.05%	1.65%	2.69%	0.87%	0.23%	0.67%	-2.55%	0.71%	1.10%	1.08%

According to 1 Wall Street analysts, HSBC's projected average Quarter EPS for Jun 23 is $1.59, with a low estimate of $1.59 and a high estimate of $1.59. This represents a -38.84% decrease compared to HSBC previous annual EPS of $2.60 (Mar 23).

HSBC Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CM	Canadian Imperial Bank of Commerce	$64.33	$106.62	65.74%	Buy
TD	Toronto-Dominion Bank	$55.83	$89.52	60.34%	Buy
ING	ING Groep	$15.80	$22.50	42.41%	Buy
BMO	Bank of Montreal	$94.09	$120.95	28.55%	Hold
BNS	Bank of Nova Scotia	$56.13	$71.53	27.44%	Hold
SAN	Banco Santander	$4.80	$6.00	25.00%	Buy
HSBC	HSBC	$46.28	$52.00	12.36%	Buy
BAC	Bank of America	$46.41	$48.63	4.78%	Buy
C	Citigroup	$68.60	$70.05	2.11%	Buy
NU	Nu	$13.46	$12.69	-5.72%	Buy
WFC	Wells Fargo & Company	$73.43	$63.70	-13.25%	Buy
JPM	JPMorgan Chase	$243.09	$204.63	-15.82%	Buy
UBS	UBS Group	$31.85	$23.57	-26.00%	Buy

HSBC Forecast FAQ

Is HSBC a good buy?

Yes, according to 9 Wall Street analysts, HSBC (HSBC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 44.44% of HSBC's total ratings.

What is HSBC's price target?

HSBC (HSBC) average price target is $52 with a range of $52 to $52, implying a 12.36% from its last price of $46.28. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will HSBC stock go up soon?

According to Wall Street analysts' prediction for HSBC stock, the company can go up by 12.36% (from the last price of $46.28 to the average price target of $52), up by 12.36% based on the highest stock price target, and up by 12.36% based on the lowest stock price target.

Can HSBC stock reach $70?

HSBC's average twelve months analyst stock price target of $52 does not support the claim that HSBC can reach $70 in the near future.

What is HSBC's current price target trend?

1 Wall Street analyst forecast a $52 price target for HSBC (HSBC) this month, up 12.36% from its last price of $46.28. Compared to the last 3 and 12 months, the average price target increased by 12.36% and increased by 12.36%, respectively.

What are HSBC's analysts' financial forecasts?

HSBC's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $64.08B (high $64.12B, low $64.05B), average EBITDA is $6.49B (high $6.49B, low $6.48B), average net income is $20.8B (high $20.8B, low $20.8B), average SG&A $15.34B (high $15.35B, low $15.33B), and average EPS is $5.73 (high $5.73, low $5.73). HSBC's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $65.63B (high $65.71B, low $65.55B), average EBITDA is $6.64B (high $6.65B, low $6.63B), average net income is $21.33B (high $21.38B, low $21.27B), average SG&A $15.71B (high $15.73B, low $15.69B), and average EPS is $5.88 (high $5.89, low $5.86).

Did the HSBC's actual financial results beat the analysts' financial forecasts?

Based on HSBC's last annual report (Dec 2022), the company's revenue was $67.01B, beating the average analysts forecast of $52.74B by 27.07%. Apple's EBITDA was $43.22B, beating the average prediction of $16.31B by 164.98%. The company's net income was $16.04B, beating the average estimation of $14.54B by 10.27%. Apple's SG&A was $11.09B, beating the average forecast of $10.21B by 8.59%. Lastly, the company's EPS was $3.75, beating the average prediction of $3.73 by 0.44%. In terms of the last quarterly report (Mar 2023), HSBC's revenue was $16.53B, beating the average analysts' forecast of $16.34B by 1.16%. The company's EBITDA was $12.6B, beating the average prediction of $1.65B by 662.07%. HSBC's net income was $10.74B, beating the average estimation of $4.54B by 136.79%. The company's SG&A was $0, missing the average forecast of $3.91B by -100.00%. Lastly, the company's EPS was $2.6, beating the average prediction of $1.25 by 108.00%