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HSBC (HSBC) Stock Forecast & Price Target

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$100.38 -1.21 (-1.19%)
As of 03:20 PM Eastern
This is a fair market value price provided by Massive. Learn more.

HSBC - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
9
Buy
2

Based on 12 Wall Street analysts who have issued ratings for HSBC in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 9 have given a hold rating, and 2 have given a buy rating for HSBC.

Consensus Price Target

N/A

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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HSBC Analyst Ratings Over Time

TypeCurrent Forecast
9/23/25 to 9/23/26
1 Month Ago
8/24/25 to 8/24/26
3 Months Ago
6/25/25 to 6/25/26
1 Year Ago
9/23/24 to 9/23/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetN/AN/AN/A$63.00
Forecasted UpsideN/AN/AN/A-10.21% Downside
Consensus RatingHoldHoldHoldHold

HSBC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HSBC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

HSBC Stock vs. The Competition

TypeHSBCFinance CompaniesBroader Market
Consensus Rating Score
2.08
2.26
2.53
Consensus RatingHoldHoldModerate Buy
Predicted UpsideN/A34.05% Upside18.43% Upside
News Sentiment Rating
Neutral News

See Recent HSBC News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/13/2026 DowngradeModerate BuyHold
8/17/2026 Reiterated RatingSector Perform
8/4/2026
BNP Paribas Exane logo
BNP Paribas Exane
5 of 5 stars
 DowngradeHoldStrong Sell
8/4/2026 DowngradeStrong-BuyHold
8/3/2026 Reiterated RatingHold (C)
7/15/2026 DowngradeBuyHold
6/23/2026 Reiterated RatingHold
5/5/2026 DowngradeStrong-BuyHold
3/26/2026 Initiated CoverageBuy
1/14/2026 Initiated CoverageEqual Weight
12/10/2025UpgradeNeutralBuy
10/10/2025Reiterated RatingBuyHold
3/6/2025 Reiterated RatingNeutral
3/4/2025UpgradeEqual WeightOverweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:21 PM ET.


Should I Buy HSBC Stock? HSBC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 20, 2026. Please send any questions or comments about these HSBC pros and cons to contact@marketbeat.com.

HSBC
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in HSBC Holdings plc:

  • HSBC Holdings plc is currently trading at $101.87, a level that reflects a significant recovery from its 52-week low of $64.64 and positions the stock near its 52-week high of $107.92, indicating strong recent momentum and investor confidence in the bank's strategic direction.
  • The bank is actively executing a multi-market share buy-back program, having recently cancelled over 36 million ordinary shares, which reduces the total number of shares outstanding and can increase the earnings per share for remaining shareholders, signaling management's confidence in the company's value.
  • HSBC Holdings plc reported strong second-quarter performance with $22 billion in net new money for its wealth management business, representing an annualized 8% growth rate, and its Hong Kong operation generated a return on tangible equity of roughly 45%, demonstrating robust profitability in key growth markets.
  • The company has achieved its lowest-ever cost-to-income ratio and increased its Simplification Saves target to $2 billion, indicating significant operational efficiency and cost discipline that supports higher margins and sustainable returns for shareholders.
  • Trade finance is benefiting from increased Asian export activity, with trade loans rising 30% year over year to $120 billion and trade revenue increasing 13% to $800 million in the second quarter, highlighting a strong tailwind from global trade dynamics and the bank's strategic focus on this area.

HSBC
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in HSBC Holdings plc for these reasons:

  • HSBC Holdings plc has announced 15 business exits since the start of 2025, which will result in a revenue headwind of approximately $2 billion, with about one-third of this impact expected in the current year, potentially pressuring top-line growth in the near term.
  • The consensus rating for the stock has shifted to "Hold" as of September 2026, with recent downgrades from firms like Keefe, Bruyette & Woods and Citigroup, suggesting that analysts believe the stock is fairly valued or that further upside is limited compared to previous "Moderate Buy" ratings.
  • HSBC Holdings plc is facing credit risks in lower-end midmarket portfolios due to inflation and elevated interest rates, which are increasing Stage 3 losses, and the bank has built a $300 million reserve for Middle East-related losses, indicating potential future earnings volatility from credit costs.
  • The bank's current hedging position, while supporting medium-term stability, limits short-term benefits from changing interest rates, and fluctuations in bond yield curves are currently impacting capital by around the mid-teens in basis points, creating a temporary drag on capital generation.
  • Office properties outside central areas in Hong Kong remain under pressure due to excess supply, and while residential valuations have increased, some existing impaired loans may require further valuation adjustments, posing a risk to the bank's asset quality in the commercial real estate sector.

HSBC Forecast - Frequently Asked Questions

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HSBC in the last year. There is currently 1 sell rating, 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HSBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSBC, but not buy additional shares or sell existing shares.

According to analysts, HSBC's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Over the previous 90 days, HSBC's stock had 4 downgrades by analysts.

HSBC has been rated by research analysts at BNP Paribas Exane, Citigroup, Erste Group Bank, Keefe, Bruyette & Woods, Royal Bank Of Canada, and Weiss Ratings in the past 90 days.

HSBC also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.

Analysts like HSBC less than other "finance" companies. The consensus rating score for HSBC is 2.08 while the average consensus rating score for "finance" companies is 2.26. Learn more on how HSBC compares to other companies.


MarketBeat monitors more than a dozen sources for HSBC analyst ratings, with the most recent rating issued on 9/13/2026.
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