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ING Groep (ING) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ING Stock Forecast

ING Groep stock forecast is as follows: an average price target of $22.50 (represents a 46.96% upside from ING’s last price of $15.31) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

ING Price Target

The average price target for ING Groep (ING) is $22.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $22.50 to $22.50. This represents a potential 46.96% upside from ING's last price of $15.31.

ING Analyst Ratings

Buy

According to 9 Wall Street analysts, ING Groep's rating consensus is 'Buy'. The analyst rating breakdown for ING stock is 0 'Strong Buy' (0.00%), 5 'Buy' (55.56%), 4 'Hold' (44.44%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

ING Groep Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 29, 2024Hugh MoorheadBerenberg Bank$22.50$17.8925.77%46.96%

The latest ING Groep stock forecast, released on Aug 29, 2024 by Hugh Moorhead from Berenberg Bank, set a price target of $22.50, which represents a 25.77% increase from the stock price at the time of the forecast ($17.89), and a 46.96% increase from ING last price ($15.31).

ING Groep Price Target by Period

1M3M12M
# Anlaysts--1
Avg Price Target--$22.50
Last Closing Price$15.31$15.31$15.31
Upside/Downside-100.00%-100.00%46.96%

In the current month, the average price target of ING Groep stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ING Groep's last price of $15.31. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024BarclaysOverweightEqual-WeightDowngrade
Oct 17, 2024CitigroupBuyBuyHold
Oct 09, 2024Deutsche BankHoldDowngrade
Oct 01, 2024SantanderOutperformUpgrade
Aug 02, 2024BarclaysOverweightOverweightHold
Jun 19, 2024UBSBuyBuyHold
Jun 18, 2024BarclaysOverweightOverweightHold
Jun 12, 2024RBC CapitalSector PerformSector PerformHold
Jun 07, 2024BarclaysEqual-WeightOverweightUpgrade
Jun 04, 2024Morgan StanleyOverweightOverweightHold
May 03, 2024RBC CapitalSector PerformSector PerformHold
May 03, 2024BarclaysEqual-WeightEqual-WeightHold
May 03, 2024UBSBuyBuyHold
May 03, 2024Morgan StanleyOverweightOverweightHold
Apr 11, 2024Goldman SachsNeutralDowngrade
Oct 11, 2022RBC CapitalSector PerformSector PerformHold
Sep 30, 2022Credit SuisseOutperformOutperformHold
Aug 15, 2022UBSBuyBuyHold

ING Groep's last stock rating was published by Barclays on Oct 22, 2024. The company Downgrade its ING rating from "Overweight" to "Equal-Weight".

ING Groep Financial Forecast

ING Groep Revenue Forecast

Dec 25Sep 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-----------$5.57B$4.87B-$4.80B$4.60B$4.62B$4.65B$4.50B$4.70B$4.17B$4.29B$4.64B$4.51B$4.20B$4.63B$4.53B$4.58B
Avg Forecast$5.93B$5.92B$5.79B$5.76B$5.72B$6.13B$5.99B$5.83B$6.07B$6.10B$6.12B$5.77B$5.08B$4.40B$4.64B$5.00B$5.06B$5.29B$5.23B$5.38B$5.08B$5.22B$5.08B$4.54B$4.98B$4.96B$5.05B$5.05B
High Forecast$5.99B$5.98B$5.84B$5.85B$5.77B$6.19B$6.19B$6.03B$6.13B$6.26B$6.19B$5.83B$5.13B$4.40B$4.64B$5.00B$5.06B$5.29B$5.23B$5.38B$5.08B$5.22B$5.08B$4.54B$4.98B$4.96B$5.05B$5.05B
Low Forecast$5.83B$5.83B$5.69B$5.60B$5.62B$6.02B$5.78B$5.62B$5.97B$5.94B$6.02B$5.67B$4.99B$4.40B$4.64B$5.00B$5.06B$5.29B$5.23B$5.38B$5.08B$5.22B$5.08B$4.54B$4.98B$4.96B$5.05B$5.05B
# Analysts1113211111111111111111111111
Surprise %-----------0.96%0.96%-1.03%0.92%0.91%0.88%0.86%0.87%0.82%0.82%0.91%0.99%0.84%0.93%0.90%0.91%

ING Groep's average Quarter revenue forecast for Jun 23 based on 1 analysts is $6.12B, with a low forecast of $6.02B, and a high forecast of $6.19B. ING's average Quarter revenue forecast represents a 10.02% increase compared to the company's last Quarter revenue of $5.57B (Mar 23).

ING Groep EBITDA Forecast

Dec 25Sep 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
# Analysts1113211111111111111111111111
EBITDA-----------$2.31B$1.66B-$1.71B$623.00M$1.30B$1.89B$2.02B$1.44B$1.03B$1.18B$523.00M$999.00M$1.31B$1.89B$1.98B$1.56B
Avg Forecast$2.46B$2.46B$2.41B$2.40B$2.38B$2.55B$2.49B$2.42B$2.52B$2.54B$2.55B$2.40B$2.11B$1.82B$1.92B$2.24B$2.09B$2.19B$2.16B$2.22B$2.10B$2.16B$2.10B$1.88B$2.06B$2.05B$2.09B$2.09B
High Forecast$2.49B$2.49B$2.43B$2.43B$2.40B$2.57B$2.57B$2.51B$2.55B$2.60B$2.57B$2.42B$2.13B$1.82B$1.92B$2.69B$2.09B$2.19B$2.16B$2.22B$2.10B$2.16B$2.10B$1.88B$2.06B$2.05B$2.09B$2.09B
Low Forecast$2.42B$2.42B$2.37B$2.33B$2.34B$2.51B$2.40B$2.34B$2.48B$2.47B$2.50B$2.36B$2.08B$1.82B$1.92B$1.79B$2.09B$2.19B$2.16B$2.22B$2.10B$2.16B$2.10B$1.88B$2.06B$2.05B$2.09B$2.09B
Surprise %-----------0.96%0.79%-0.89%0.28%0.62%0.86%0.94%0.65%0.49%0.55%0.25%0.53%0.64%0.92%0.95%0.75%

1 analysts predict ING's average Quarter EBITDA for Jun 23 to be $2.55B, with a high of $2.57B and a low of $2.50B. This is 10.44% upper than ING Groep's previous annual EBITDA (Mar 23) of $2.31B.

ING Groep Net Income Forecast

Dec 25Sep 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
# Analysts1113211111111111111111111111
Net Income-----------$1.59B$1.09B-$1.18B$429.00M$980.00M$1.37B$1.46B$1.00B$727.00M$788.00M$299.00M$670.00M$880.00M$1.34B$1.44B$1.12B
Avg Forecast$1.57B$1.79B$1.67B$1.45B$1.37B$1.75B$1.72B$1.48B$1.56B$1.79B$1.67B$1.12B$1.03B$1.03B$977.15M$1.54B$991.56M$1.29B$1.13B$810.96M$481.81M$885.11M$489.28M$589.80M$1.06B$1.21B$1.27B$1.05B
High Forecast$1.59B$1.81B$1.70B$1.47B$1.39B$1.80B$1.78B$1.53B$1.58B$1.84B$1.69B$1.14B$1.04B$1.03B$977.15M$1.85B$991.56M$1.29B$1.13B$810.96M$481.81M$885.11M$489.28M$589.80M$1.06B$1.21B$1.27B$1.05B
Low Forecast$1.53B$1.75B$1.64B$1.42B$1.34B$1.71B$1.67B$1.43B$1.53B$1.75B$1.63B$1.10B$1.01B$1.03B$977.15M$1.24B$991.56M$1.29B$1.13B$810.96M$481.81M$885.11M$489.28M$589.80M$1.06B$1.21B$1.27B$1.05B
Surprise %-----------1.42%1.06%-1.20%0.28%0.99%1.06%1.30%1.24%1.51%0.89%0.61%1.14%0.83%1.11%1.13%1.06%

ING Groep's average Quarter net income forecast for Jun 23 is $1.67B, with a range of $1.63B to $1.69B. ING's average Quarter net income forecast represents a 4.66% increase compared to the company's last Quarter net income of $1.59B (Mar 23).

ING Groep SG&A Forecast

Dec 25Sep 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
# Analysts1113211111111111111111111111
SG&A--------------------$2.12B$1.43B$1.46B-$4.16B$1.46B--
Avg Forecast$295.21B$295.09B$288.24B$286.96B$284.66B$305.15B$298.17B$290.19B$302.16B$303.83B$305.05B$287.41B$252.95B$219.34B$231.32B$249.09B$251.81B$263.43B$260.66B$268.18B$253.27B$260.07B$253.16B$226.08B$248.09B$247.22B$251.77B$251.56B
High Forecast$298.15B$298.03B$291.12B$291.61B$287.50B$308.19B$308.33B$300.27B$305.17B$311.61B$308.09B$290.28B$255.47B$219.34B$231.32B$249.09B$251.81B$263.43B$260.66B$268.18B$253.27B$260.07B$253.16B$226.08B$248.09B$247.22B$251.77B$251.56B
Low Forecast$290.29B$290.18B$283.44B$278.93B$279.92B$300.07B$288.00B$280.10B$297.13B$296.04B$299.97B$282.63B$248.74B$219.34B$231.32B$249.09B$251.81B$263.43B$260.66B$268.18B$253.27B$260.07B$253.16B$226.08B$248.09B$247.22B$251.77B$251.56B
Surprise %--------------------0.01%0.01%0.01%-0.02%0.01%--

ING Groep's average Quarter SG&A projection for Mar 21 is $268.18B, based on 1 Wall Street analysts, with a range of $268.18B to $268.18B. The forecast indicates a 12550.05% rise compared to ING last annual SG&A of $2.12B (Dec 20).

ING Groep EPS Forecast

Dec 25Sep 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
# Analysts1113211111111111111111111111
EPS-----------$0.44$0.30-$0.31$0.11$0.26$0.35-$0.26$0.19$0.20$0.08$0.17$0.23$0.35$0.37$0.29
Avg Forecast$0.49$0.56$0.52$0.45$0.43$0.55$0.54$0.46$0.49$0.56$0.52$0.35$0.32$0.31$0.30$0.15$0.30$0.39$0.34$0.25$0.15$0.27$0.15$0.18$0.32$0.37$0.39$0.32
High Forecast$0.50$0.57$0.53$0.46$0.43$0.56$0.56$0.48$0.49$0.57$0.53$0.35$0.33$0.31$0.30$0.15$0.30$0.39$0.34$0.25$0.15$0.27$0.15$0.18$0.32$0.37$0.39$0.32
Low Forecast$0.48$0.55$0.51$0.44$0.42$0.53$0.52$0.45$0.48$0.55$0.51$0.34$0.32$0.31$0.30$0.15$0.30$0.39$0.34$0.25$0.15$0.27$0.15$0.18$0.32$0.37$0.39$0.32
Surprise %-----------1.26%0.93%-1.04%0.75%0.86%0.89%-1.04%1.27%0.74%0.51%0.94%0.71%0.94%0.96%0.90%

According to 1 Wall Street analysts, ING Groep's projected average Quarter EPS for Jun 23 is $0.52, with a low estimate of $0.51 and a high estimate of $0.53. This represents a 18.25% increase compared to ING previous annual EPS of $0.44 (Mar 23).

ING Groep Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BCSBarclays$13.33$29.00117.55%Buy
RYRoyal Bank of Canada$123.70$193.0056.02%Buy
INGING Groep$15.33$22.5046.77%Buy
UBSUBS Group$31.40$34.008.28%Buy
HSBCHSBC$48.64$52.006.91%Buy
CCitigroup$71.12$76.006.86%Buy
SANBanco Santander$4.67$3.00-35.76%Buy

ING Forecast FAQ

Is ING Groep a good buy?

Yes, according to 9 Wall Street analysts, ING Groep (ING) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of ING's total ratings.

What is ING's price target?

ING Groep (ING) average price target is $22.5 with a range of $22.5 to $22.5, implying a 46.96% from its last price of $15.31. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ING Groep stock go up soon?

According to Wall Street analysts' prediction for ING stock, the company can go up by 46.96% (from the last price of $15.31 to the average price target of $22.5), up by 46.96% based on the highest stock price target, and up by 46.96% based on the lowest stock price target.

Can ING Groep stock reach $20?

ING's average twelve months analyst stock price target of $22.5 supports the claim that ING Groep can reach $20 in the near future.

What are ING Groep's analysts' financial forecasts?

ING Groep's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $23.65B (high $24.18B, low $23.05B), average EBITDA is $9.84B (high $10.05B, low $9.58B), average net income is $6.33B (high $6.5B, low $6.15B), average SG&A $1.18T (high $1.2T, low $1.15T), and average EPS is $1.98 (high $2.03, low $1.92). ING's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $23.4B (high $23.67B, low $22.95B), average EBITDA is $9.73B (high $9.84B, low $9.54B), average net income is $6.48B (high $6.56B, low $6.34B), average SG&A $1.17T (high $1.18T, low $1.14T), and average EPS is $2.02 (high $2.05, low $1.98).

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

Based on ING Groep's last annual report (Dec 2022), the company's revenue was $29M, which missed the average analysts forecast of $19.13B by -99.85%. Apple's EBITDA was $5.4B, missing the average prediction of $8.09B by -33.29%. The company's net income was $3.67B, missing the average estimation of $4.58B by -19.73%. Apple's SG&A was $7.18B, missing the average forecast of $952.69B by -99.25%. Lastly, the company's EPS was $0.94, missing the average prediction of $1.08 by -12.90%. In terms of the last quarterly report (Mar 2023), ING Groep's revenue was $5.57B, missing the average analysts' forecast of $5.77B by -3.53%. The company's EBITDA was $2.31B, missing the average prediction of $2.4B by -3.90%. ING Groep's net income was $1.59B, beating the average estimation of $1.12B by 41.95%. The company's SG&A was $0, missing the average forecast of $287.41B by -100.00%. Lastly, the company's EPS was $0.44, beating the average prediction of $0.35 by 25.65%