HDFC Bank (HDB.US) Price Target 2026/2027: 45% Upside – Rating and Stock Analysis

23,75
-0,44%
Price history for HDFC Bank (HDB.US) – stock price at 23.75 $, August 2026
HDFC Bank stock price – price development 2026. Updated Aug 6, 2026.
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HDFC Bank Price Target 2026: Analysts See 43% Upside

The average price target for HDFC Bank is $33.95. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 42,98% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is HDFC Bank overvalued or undervalued?

HDFC Bank is currently undervalued with a gap of 43% relative to the price target.


The current price is $23.75, which places HDFC Bank in the undervalued category. The stock is considered undervalued when the price is below $30.56, and overvalued when the price exceeds $37.35.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For HDFC Bank, the fair value range lies between $30.56 and $37.35.


See the full price target analysis for HDFC Bank →

Analyst Ratings for HDFC Bank stock in 2026: Strong Buy

4 analysts cover HDFC Bank. There is broad agreement on a positive view — 100% recommend buying. The average price target is $33.95, which gives an upside of 43% from the current price.

Consensus: Strong Buy (4.75/5)
Strong Buy
3 (75%)
Buy
1 (25%)
Strong Sell Sell Hold Buy Strong Buy
4.75 out of 5 based on 4 analysts

About HDFC Bank – Regional bank

HDFC Bank Limited driver en stor bankforretning, primært i Indien, men de har også afdelinger i Bahrain, Hongkong og Dubai. De tjener penge på stort set alt inden for finans: detailbank, engrosbank og treasury-aktiviteter. HDFC Bank er kendt for at tilbyde en bred vifte af lån, som for eksempel billån, boliglån og erhvervslån. De håndterer også almindelige bankkonti, herunder Demat-konti og faste indlån. Virksomheden har etableret sig solidt ved at fokusere på både private kunder og erhvervslivet. De udsteder også kreditkort og debetkort. HDFC Bank dækker dermed hele spektret af finansielle services. Read more about the company

Key Figures for HDFC Bank

$ 123B Market cap
$ 2,9T Revenue
Regional bank Industry
16.71 P/E
0.04 P/S
1.44 P/B
USA Listed on exchange

What kind of stock is HDFC Bank?

Growth stock Value stock Quality stock

HDFC Bank is classified as a growth stock and value stock and quality stock. This means the stock combines several attractive traits, strong financial health (Piotroski 8/9).

Score Overview for HDFC Bank

💰 Value Score 82/100 (Very High)
⭐ Quality Score 89/100 (Very High)
🚀 Momentum Score 25/100 (Low)
📊 Total Score 65/100

⚠️ 1 red flag identified 1 critical

Our analysis has identified 1 potential risk factor in HDFC Bank that investors should be aware of.

🚨 High debt: The debt-to-equity ratio is 515% – the company carries considerably more debt than equity, which raises the financial risk.

📈 Valuation

HDFC Bank trades at a P/E ratio of 16.7, which is close to the market average. The forward P/E is 17.4. The P/S ratio is 0.0 (low — potentially undervalued relative to revenue). The P/B ratio is 1.4. The PEG ratio is 1.01.

💵 Profitability & Growth

HDFC Bank has a profit margin of 26.8% (excellent) and an operating margin of 33.3%. Return on equity (ROE) is 13.8% — solid return on equity. Return on assets (ROA) is 1.8%. The latest quarterly earnings grew 18.1% year over year.

🏦 Financial Health

The Piotroski score is 8 out of 9 — excellent financial health. The debt-to-equity ratio (D/E) is 515.4% — high debt, which raises the risk.

🚀 Momentum & Short Interest

Short interest is 0.41% — low, the market does not expect a decline.

HDFC Bank Dividend 2026: 1.8% Dividend Yield

Dividend Key Figures for HDFC Bank in 2026

Dividend yield
1.75%
Dividend per share
0.42 USD
Payout ratio
71.3%
High
Dividend growth (4 years)
-26.9%
Avg. annual dividend (3 years)
0.83 USD

When does HDFC Bank pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
June 18, 2026
Next dividend payment
August 20, 2025

How much does HDFC Bank pay in dividends?

HDFC Bank pays dividends to its shareholders. The most recently paid dividend was 0.42 USD per share, which corresponds to a dividend yield of 1.75%. Over the last 4 years, the annual dividend has fallen by 26.9%.

The payout ratio is 71.3%, which is relatively high. The company pays out a large share of its profits as dividends, but there is still a buffer.

Historical Dividend Payments for HDFC Bank

We have registered dividend payments for HDFC Bank since 2021-06-28. In that period the stock has paid a dividend 61 times, most recently on 2026-06-18. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrencyPeriod
2026-06-18N/A0.42USDUnknown period
2026-06-17N/A0.35USDUnknown period
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2022-05-11N/A0.61USDUnknown period
2021-07-202021-08-190.26USDUnknown period
2021-06-28N/A0.26USDUnknown period

Insider Trading in HDFC Bank 2026: The Signal Is mostly positive

In 2026, insiders at HDFC Bank have made 15 transactions – split into 9 purchases and 6 sales. On a net basis, insiders put 1,171,908 $ into the stock, which is a positive signal. Active insiders include RAJPUT RAKESH KUMAR, Bhavnani Anil, Bharucha Kaizad and others.

Short-Term Signal (3 months): No activity

There has been no insider trading in the last 3 months.

Long-Term Signal (all transactions): Mostly positive

Insiders have bought considerably more than they have sold. This suggests several key people see value in the stock.

Across the last 15 transactions: 9 purchases and 6 sales. A net 1,171,908 $ into the stock.

Latest purchase: RAJPUT RAKESH KUMAR bought 12,600 shares at 7 $ each on 2026-05-06. The stock has since risen 236.9%.

Latest sale: Srinivasan N sold 10,000 shares at 9 $ each on 2026-05-07.

Who is buying: RAJPUT RAKESH KUMAR, Bhavnani Anil, Bharucha Kaizad, Shah Nirav Vimal, Jha Sudhirkumar.

Who is selling: Srinivasan N, Parthasarthy Ashish, Ashish Parthasarthy, N Srinivasan.

Latest Insider Trades in HDFC Bank (2026)

The table shows the last 15 reported insider transactions in HDFC Bank. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-05-07 Srinivasan N Sell 10,000 9 87,200
2026-05-06 RAJPUT RAKESH KUMAR Buy 12,600 7 89,208
2026-04-28 Parthasarthy Ashish Sell 5,600 9 48,720
2026-04-23 Bhavnani Anil Buy 3,000 8 23,550
2026-04-21 Parthasarthy Ashish Sell 6,000 9 53,640
2026-04-21 Ashish Parthasarthy Sell 6,000 9 53,640
2026-04-17 Bharucha Kaizad Buy 5,000 7 34,000
2026-04-16 Shah Nirav Vimal Buy 51,800 8 406,630
2026-04-07 Shah Nirav Vimal Buy 80,000 7 544,000
2026-04-03 Bharucha Kaizad Buy 10,000 7 68,000

Who is buying and selling HDFC Bank shares in 2026?

The following insiders have bought shares in HDFC Bank: RAJPUT RAKESH KUMAR, Bhavnani Anil, Bharucha Kaizad, Shah Nirav Vimal, Jha Sudhirkumar. In total, 1,579,308 $ was bought across 9 transactions. The following insiders have sold shares: Srinivasan N, Parthasarthy Ashish, Ashish Parthasarthy, N Srinivasan. In total, 407,400 $ was sold across 6 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

When Does HDFC Bank Report Earnings – Next Date: 10/17/2026

The next earnings report from HDFC Bank is scheduled for October 17, 2026, after the market closes. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of HDFC Bank 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of HDFC Bank (HDB.US) – RSI 43, MACD negative (bearish), daily candlestick chart August 2026
HDFC Bank technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of HDFC Bank Limited

HDFC Bank Limited is in a short-term downtrend. The price of $23.85 is 3.0% below the 20-day average ($24.60). Medium term, the picture is negative: the price is 2.4% below the 50-day average ($24.44). Long term, the stock is 17.8% below the 200-day average ($29.01), which signals a long-term downtrend.

Death Cross: The 50-day average (24.44) is below the 200-day average (29.01), which is a classic bearish signal for HDFC Bank Limited.

Is HDFC Bank Limited overbought or oversold?

HDFC Bank Limited has an RSI of 43.0. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold. In the current downtrend, be careful about reading this as a buying opportunity.

MACD Analysis for HDFC Bank Limited

Daily MACD: MACD is negative (-0.352), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (-0.294) by 0.058, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is negative (-1.557), which indicates a broader bearish long-term trend. MACD5 is above the signal line (-1.885) by 0.328, which suggests the negative long-term momentum is fading – a bigger trend reversal could be ahead.

Overall MACD assessment: Both the daily and weekly trend are bearish (MACD negative). However, momentum shows signs of improving on a weekly basis – a potential trend reversal could be ahead, but it is not confirmed yet.

Risk Profile for HDFC Bank Limited

HDFC Bank Limited has an annual standard deviation of 27.8%, which classifies the stock as moderately low risk. There is some volatility, but the price is relatively stable.

Overall Technical Conclusion for HDFC Bank Limited

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.352). Weekly bearish (-1.557).

MACD momentum (signal): Daily falling. Weekly rising.

RSI: 43.0 – neutral.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About HDFC Bank stock in 2026

Should you buy HDFC Bank stock now?
No, the technical signal for HDFC Bank is currently SELL. HDFC Bank trades at $23.75 as of 8/6/2026. The overall technical signal is: Strong Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -0.352 with falling momentum (signal: -0.294); RSI is at 43.0 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $33.95 points to 43.0% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for HDFC Bank stock?
The average analyst price target for HDFC Bank is $33.95. The current price is $23.75, which gives an upside of 43.0%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $30.56 and $37.35.
Is HDFC Bank a dividend stock?
Yes, HDFC Bank is a dividend stock with a dividend yield of 1.75%. The latest dividend was $0.42 per share. The latest ex-dividend date (traded without the dividend) was 6/18/2026. The payout ratio is 71.3%, which is considered moderate. The next dividend payment is scheduled for 8/20/2025.
When does HDFC Bank pay a dividend in 2026?
HDFC Bank pays its next dividend on 8/20/2025. The latest dividend was $0.42 per share with an ex-dividend date of 6/18/2026. The dividend yield is 1.75%. The payout ratio of 71.3% points to moderate dividend coverage.
What is the risk of HDFC Bank stock?
HDFC Bank is rated as a stock with moderately low risk. the annual standard deviation is 27.8%, which classifies the stock as moderately low risk.
Is HDFC Bank overvalued?
No, HDFC Bank is considered undervalued based on the analyst price target (43.0% upside). HDFC Bank has the following valuation ratios: a P/E ratio of 16.7 (moderately valued), a P/S ratio of 0.0, a P/B ratio of 1.4. The analyst price target suggests that the stock is undervalued by 43.0%.
Is HDFC Bank overbought?
No, HDFC Bank is not overbought. RSI is at 43.0 (neutral zone). The technical indicators show: RSI is at 43.0 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 3.5% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next HDFC Bank earnings report?
HDFC Bank reports its next earnings on October 17, 2026. The stock currently trades at $23.75. With a P/E ratio of 16.7, the market will be watching closely whether earnings meet expectations.
Is HDFC Bank shorted?
HDFC Bank has minimal short interest of 0.41% of the free float, which is insignificant and points to very limited bearish sentiment.
Are insiders buying HDFC Bank stock?
Yes, insiders are net buyers of HDFC Bank – they are buying more shares than they are selling. Across the last 15 reported transactions, the split is 9 purchases and 6 sales, with a net 1,171,908 $ bought. Active buyers include RAJPUT RAKESH KUMAR, Bhavnani Anil, Bharucha Kaizad and others. Insider buying is generally seen as a positive signal, because management is putting its own money into the company.
Is HDFC Bank a good stock?
Based on our total score, HDFC Bank is rated as a good stock with a total score of 65 out of 100. The stock scores above average on value, quality and momentum – it is among the top 35% in our database. The score is made up of Value: 82/100, Quality: 89/100, Momentum: 25/100. In addition: analysts see 43.0% upside to the price target; a dividend of 1.75%; technical signal: Strong Sell. Whether HDFC Bank is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for HDFC Bank stock?
The outlook for HDFC Bank based on current data: the average analyst price target is $33.95 (+43.0%); the stock is in a downtrend (below SMA50 and SMA200); the next earnings report is due on 10/17/2026, which can move the price; the P/E ratio is 16.7 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is HDFC Bank stock falling?
HDFC Bank is falling right now. The technical indicators show: the price is 3.5% below the 20-day average; MACD is negative with falling momentum (bearish signal); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can HDFC Bank go?
The average analyst price target for HDFC Bank is $33.95, which corresponds to a potential gain of 43.0% from the current price of $23.75. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can HDFC Bank fall?
We lack enough history to give a specific floor for HDFC Bank. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does HDFC Bank do?
HDFC Bank Limited driver en stor bankforretning, primært i Indien, men de har også afdelinger i Bahrain, Hongkong og Dubai. De tjener penge på stort set alt inden for finans: detailbank, engrosbank og treasury-aktiviteter. HDFC Bank er kendt for at tilbyde en bred vifte af lå... The company belongs to the Financiel service sector, more specifically the Regional bank industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate HDFC Bank as an investment.
Did HDFC Bank raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from HDFC Bank. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is HDFC Bank making money or losing money?
Yes, HDFC Bank is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 26.8% — which is excellent. The operating margin (profit before interest and taxes) is 33.3%. At a P/E ratio of 16.7, you currently pay 16.7 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can HDFC Bank go bankrupt?
Altman Z2 is not used for banks and financial companies — their balance sheet is built on debt (that is the business model), so the model would wrongly classify a healthy bank as distressed. For HDFC Bank, look instead at the capital base (e.g. the core capital ratio), loan losses and earnings power.
Does HDFC Bank have a lot of debt?
Yes, HDFC Bank has elevated debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 515%. For the financiel service sector, anything above 150% counts as elevated — that raises the financial risk, especially if interest rates rise or earnings fall. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.