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Banco Santander (SAN) Stock Forecast & Price Target

Banco Santander logo
$14.20 +0.01 (+0.04%)
As of 11:06 AM Eastern
This is a fair market value price provided by Massive. Learn more.

Banco Santander - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
3
Buy
6

Based on 10 Wall Street analysts who have issued ratings for Banco Santander in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a sell rating, 3 have given a hold rating, and 6 have given a buy rating for SAN.

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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SAN Analyst Ratings Over Time

TypeCurrent Forecast
9/24/25 to 9/24/26
1 Month Ago
8/25/25 to 8/25/26
3 Months Ago
6/26/25 to 6/26/26
1 Year Ago
9/24/24 to 9/24/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

SAN 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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SAN 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

Banco Santander Stock vs. The Competition

TypeBanco SantanderFinance CompaniesBroader Market
Consensus Rating Score
2.50
2.27
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted UpsideN/A35.01% Upside18.86% Upside
News Sentiment Rating
Neutral News

See Recent SAN News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
7/29/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 DowngradeBuy (A-)Buy (B+)
6/23/2026
Santander logo
Santander
4 of 5 stars
 Reiterated RatingBuy
3/23/2026
Morgan Stanley logo
Morgan Stanley
3 of 5 stars
 UpgradeEqual WeightOverweight
2/23/2026 UpgradeSector PerformOutperform
2/16/2026 Reiterated RatingBuy
1/13/2026 UpgradeHoldBuy
1/6/2026 DowngradeStrong-BuyHold
12/18/2025 DowngradeStrong-BuyHold
11/18/2025 DowngradeStrong-BuyHold
10/16/2025 DowngradeStrong-BuyStrong Sell
6/4/2025Initiated CoverageBuy
2/24/2025UpgradeHoldModerate Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:07 AM ET.


Should I Buy Banco Santander Stock? SAN 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 Tuesday, September 22, 2026. Please send any questions or comments about these Banco Santander pros and cons to contact@marketbeat.com.

Banco Santander
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Banco Santander, S.A.:

  • The stock is trading at $14.62, which is near its 52-week high of $15.05, indicating strong recent momentum and a significant recovery from its 52-week low of $9.62.
  • Wall Street Zen recently upgraded the stock from a "hold" to a "buy" rating, contributing to a consensus "Moderate Buy" rating from analysts who see potential for further growth.
  • Short interest in the stock dropped by 51.3% in August, with days-to-cover falling to 2.1 days, suggesting that short sellers are covering their positions and reducing downward pressure on the price.
  • The company reported a net margin of 26.94% and a return on equity of 12.43% in its most recent quarter, demonstrating strong profitability and efficient use of shareholder capital.
  • Banco Santander, S.A. offers a dividend yield of 1.48%, providing a steady income stream for investors while the stock price appreciates.

Banco Santander
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Banco Santander, S.A. for these reasons:

  • The bank missed analysts' consensus estimates for earnings per share in its most recent quarter, reporting $0.27 compared to the expected $0.29, which may signal challenges in meeting profit targets.
  • Erste Group Bank lowered its FY2026 and FY2027 earnings per share estimates for the company, reflecting a more cautious outlook on future profitability.
  • Corient Private Wealth LP decreased its stake in the company by 29.7% in the second quarter, indicating that some institutional investors are reducing their exposure to the stock.
  • The company's beta of 0.74 suggests it is less volatile than the overall market, which may limit upside potential during strong market rallies compared to higher-beta stocks.
  • The price-to-earnings ratio of 11.89 is higher than some peers, which could make the stock less attractive to value-focused investors seeking lower valuations.

SAN Forecast - Frequently Asked Questions

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Santander in the last year. There is currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SAN shares.

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

Over the previous 90 days, Banco Santander's stock had 1 upgrade and 1 downgrade by analysts.

Banco Santander has been rated by research analysts at Weiss Ratings in the past 90 days.

Analysts like Banco Santander more than other "finance" companies. The consensus rating for Banco Santander is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SAN compares to other companies.


MarketBeat monitors more than a dozen sources for Banco Santander analyst ratings, with the most recent rating issued on 7/29/2026.
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