Free Trial

Banco Santander (SAN) Stock Forecast & Price Target

Banco Santander logo
$12.50 +0.46 (+3.82%)
As of 03:58 PM Eastern

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

Consensus Rating

Sell
1
Hold
3
Buy
7

Based on 11 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 11 analysts, 1 has given a sell rating, 3 have given a hold rating, and 7 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.
Get the Latest News and Ratings for SAN and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Banco Santander and its competitors.

Sign Up
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

SAN Analyst Ratings Over Time

TypeCurrent Forecast
5/26/25 to 5/26/26
1 Month Ago
4/26/25 to 4/26/26
3 Months Ago
2/25/25 to 2/25/26
1 Year Ago
5/26/24 to 5/26/25
Strong Buy
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
7 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
1 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 BuyHoldBuy

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.
Skip Chart & View Analyst Rating History

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
2.55
2.31
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted UpsideN/A26.71% Upside15.00% Upside
News Sentiment Rating
Neutral News

See Recent SAN News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
5/12/2026
Santander logo
Santander
4 of 5 stars
 Reiterated RatingOutperform
5/8/2026 DowngradeBuy (A-)Buy (B+)
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 Tuesday at 05:16 PM 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 Monday, May 18, 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 current stock price is around $12.29, reflecting a recent upward trend, which may indicate positive market sentiment.
  • Banco Santander has received multiple upgrades from analysts, with a consensus rating of "Moderate Buy," suggesting strong potential for growth.
  • The bank reported a net margin of approximately 26.92% in its latest earnings, indicating efficient management and profitability.
  • With a dividend yield of about 255.0%, Banco Santander offers attractive returns to investors, making it appealing for income-focused portfolios.
  • The company has a solid return on equity of around 12.23%, demonstrating effective use of shareholder funds to generate profits.

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's recent earnings report showed a slight miss on EPS estimates, which could raise concerns about its short-term performance.
  • Banco Santander has a relatively high debt-to-equity ratio of 3.15, indicating a significant reliance on debt financing, which can increase financial risk.
  • Despite a strong dividend yield, the payout ratio is around 17.36%, suggesting limited room for future dividend increases.
  • The stock has experienced volatility, with a 52-week range from $7.39 to $13.24, which may deter risk-averse investors.
  • Analysts have mixed opinions, with one rating the stock as a Sell, indicating potential concerns about its future performance.

SAN Forecast - Frequently Asked Questions

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Banco Santander in the last twelve months. There is currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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 2 upgrades and 1 downgrade by analysts.

Banco Santander has been rated by research analysts at Morgan Stanley, Santander, and 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.


This page (NYSE:SAN) was last updated on 5/26/2026 by MarketBeat.com Staff.
From Our Partners