HSBC cuts target for HDFC Bank stock to USD 26.10

Published on 10/14/2026 at 14:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 17, 2026 after deposits grew 18.80 percent. HDFC Bank stock costs EUR 20.40 on October 14, 2026, plus 0.80 percent on Nasdaq.

Analyst target and banking metrics

HSBC lowered its HDFC Bank target from USD 30.80 to USD 26.10 on August 31, 2026.
HDFC Bank scheduled its second-quarter results for October 17, 2026 after deposits grew 18.80 percent.
HDFC Bank stock costs EUR 20.40 at Lang & Schwarz on October 14, 2026 at 2:02 p.m. CEST, plus 0.80 percent on Nasdaq.
HDFC Bank has a P/E ratio of 13.89 and a market capitalization of USD 116.7 billion.

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HSBC cut its HDFC Bank target from USD 30.80 to USD 26.10 in a research note dated August 31, 2026, according to MarketBeat. The new target is 14.67 percent above the USD 22.76 Nasdaq price cited for October 13, 2026. At Lang & Schwarz, HDFC Bank stock was trading at EUR 20.40 on October 14, 2026 at 2:02 p.m. CEST.

Results scheduled for October 17

HDFC Bank is scheduled to consider its second-quarter and first-half financial results on October 17, 2026, according to NiftyTrader. The date matters because the September business update covers operating volumes, while the formal report should provide net interest margin, asset quality and profitability figures.

For the September 2026 quarter, period-end deposits rose 18.80 percent year over year to INR 33,275 billion, while gross advances increased 16.30 percent to INR 32,195 billion, The Financial Express reported on October 5, 2026. Deposit growth therefore exceeded gross-advance growth by 2.50 percentage points, a concrete mix shift ahead of the results date.

Stock remains below its yearly high

The Lang & Schwarz quote was EUR 20.40 on October 14, 2026 at 2:02 p.m. CEST. The Nasdaq reference price was USD 22.76 at 4:00 p.m. EDT on October 13, 2026, up 0.80 percent from USD 22.58. MarketBeat listed a 52-week range of USD 21.70 to USD 37.45 and trading volume of 6,516,068 shares against an average of 9,094,453.

Valuation and peer comparison

HDFC Bank had a market capitalization of USD 116.7 billion, a P/E ratio of 13.89 and a dividend yield of 0.02 percent on October 14, 2026. The valuation sits below the USD 26.10 HSBC target, but the formal results remain the next dated test for earnings quality.

Comparison with peers

HDFC Bank: plus 0.80 percent, P/E 13.89, market capitalization USD 116.7 billion
ICICI Bank (NYSE, USD): plus 1.75 percent, P/E 17.30, market capitalization USD 102.1 billion
JPMorgan Chase (NYSE, USD): minus 0.86 percent, P/E 13.90, market capitalization USD 888.1 billion

Trading price and investor reference

HDFC Bank stock was trading at EUR 20.40 at Lang & Schwarz on October 14, 2026 at 2:02 p.m. CEST. The Nasdaq reference was USD 22.76 on October 13, 2026, plus 0.80 percent versus USD 22.58.

The further course of trading is shown by the continuously updated real-time quote of HDFC Bank stock.