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 7.38% upside from HSBC’s last price of $48.42) 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 7.38% upside from HSBC's last price of $48.42.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Firdaus IbrahimCFRA$52.00$46.4411.97%7.38%

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 7.38% increase from HSBC last price ($48.42).

HSBC Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$52.00$52.00
Last Closing Price$48.42$48.42$48.42
Upside/Downside-100.00%7.38%7.38%

In the current month, the average price target of HSBC stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to HSBC's last price of $48.42. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024CFRABuyBuyHold
Oct 29, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Oct 23, 2024Deutsche BankBuyBuyHold
Jul 31, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 09, 2024RBC CapitalSector PerformSector PerformHold
Jan 05, 2023JefferiesBuyUpgrade
Oct 26, 2022Societe GeneraleHoldHoldHold
Sep 30, 2022Credit SuisseNeutralNeutralHold
Aug 08, 2022RBC CapitalOutperformOutperformHold
Aug 02, 2022BarclaysOverweightOverweightHold
Apr 26, 2022HSBCReduceReduceHold
Apr 26, 2022Morgan StanleyHoldHoldHold

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 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 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$15.69B$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$15.69B$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$15.69B$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
# Analysts111111111111111111111111111
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 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts111111111111111111111111111
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$1.90B$1.85B$1.88B$1.77B$1.83B$1.82B$1.98B$1.74B$1.86B$1.79B$1.84B$1.64B$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$1.90B$1.85B$1.88B$1.77B$1.84B$1.82B$1.98B$1.74B$1.86B$1.79B$1.84B$1.64B$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$1.90B$1.85B$1.88B$1.77B$1.83B$1.82B$1.98B$1.74B$1.85B$1.79B$1.84B$1.64B$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 %----------6.83%3.09%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 $1.79B, with a high of $1.79B and a low of $1.79B. This is -85.80% lower than HSBC's previous annual EBITDA (Mar 23) of $12.61B.

HSBC Net Income Forecast

Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts111111111111111111111111111
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 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts111111111111111111111111111
SG&A-----------$11.09B---------------
Avg Forecast$3.03B$2.95B$3.00B$2.83B$2.93B$2.90B$3.17B$2.78B$2.97B$2.86B$2.95B$2.62B$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$3.03B$2.95B$3.00B$2.83B$2.94B$2.91B$3.17B$2.78B$2.98B$2.86B$2.95B$2.62B$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$3.03B$2.95B$3.00B$2.83B$2.92B$2.90B$3.17B$2.78B$2.96B$2.86B$2.95B$2.62B$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 %-----------4.24%---------------

HSBC's average Quarter SG&A projection for Mar 23 is $2.95B, based on 1 Wall Street analysts, with a range of $2.95B to $2.95B. The forecast indicates a -73.45% fall compared to HSBC last annual SG&A of $11.09B (Dec 22).

HSBC EPS Forecast

Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
# Analysts111111111111111111111111111
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BCSBarclays$13.33$29.00117.55%Buy
TDToronto-Dominion Bank$52.55$89.5270.35%Buy
CMCanadian Imperial Bank of Commerce$65.76$106.6262.14%Buy
INGING Groep$15.33$22.5046.77%Buy
NUNu$11.70$15.4031.62%Buy
BNSBank of Nova Scotia$54.74$71.0029.70%Hold
BMOBank of Montreal$98.15$120.9523.23%Hold
BACBank of America$45.05$55.0022.09%Buy
UBSUBS Group$31.40$34.008.28%Buy
HSBCHSBC$48.64$52.006.91%Buy
CCitigroup$71.12$76.006.86%Buy
WFCWells Fargo & Company$70.81$67.15-5.17%Buy
JPMJPMorgan Chase$238.36$225.42-5.43%Buy
SANBanco Santander$4.67$3.00-35.76%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 7.38% from its last price of $48.42. 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 7.38% (from the last price of $48.42 to the average price target of $52), up by 7.38% based on the highest stock price target, and up by 7.38% 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 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 $7.23B (high $7.24B, low $7.23B), average net income is $20.8B (high $20.8B, low $20.8B), average SG&A $11.55B (high $11.56B, low $11.54B), 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 $65.62B (high $65.69B, low $65.54B), average EBITDA is $7.41B (high $7.41B, low $7.4B), average net income is $21.33B (high $21.38B, low $21.27B), average SG&A $11.83B (high $11.84B, low $11.81B), 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 $16.48B by 162.27%. 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 $9.36B by 18.54%. 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 $1.84B by 583.47%. 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 $2.95B by -100.00%. Lastly, the company's EPS was $2.6, beating the average prediction of $1.25 by 108.00%