ICICI Bank Ltd. (IBN) Stock Forecast & Predictions

ICICI Bank Ltd. - ADR IBN: $22.11

ICICI Bank Towers, Mumbai, Maharashtra, India. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: https://www.icicibank.com/

  • Market Cap$76.74B
  • Change (52 Weeks)48.13%
  • Low (52 Weeks)$14.16
  • ICICI Bank Ltd. (IBN) Stock Forecast By Analysts


    Moderate Buy
    Analysts Recommendations for ICICI Bank Ltd. (IBN) is based on 47 Institutional Analyst Ratings where 42.55% are on Strong Buy, 55.32% on Moderate Buy, 2.13% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 47 Institutional Analysts, majority recommended IBN stock as Moderate Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of ICICI Bank Ltd..

    ICICI Bank Ltd. (IBN) Stock Price Prediction By Analysts


    HighLowAverage
    $31.16$18.39$25.00
    $25.0013.08% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for IBN set by the institutional analysts is $25.00 where High Estimate is $31.16, Median $25.381376631259485 and Low $18.39.

    The average price target for IBN by Institutional Analysts is $25.00, which is 13.08% Upside from the current price. So according to the Institutional Analysts, IBN Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    ICICI Bank Ltd. (IBN) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 548,319 investor portfolio.

    Our algorithm has analysed 548,319 investor portfolio with IBN stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about IBN and holding their positions hoping for a further rise in the stock price and more profit.

    ICICI Bank Ltd. (IBN) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Geojit BNP ParibasBuyMaintained
    SMC onlineMaintained
    HDFC SecuritiesBuyMaintained
    Axis DirectBuyMaintained
    Motilal OswalBuyMaintained
    EdelweissBuyMaintained
    Ashika Research Buy Maintained
    Geojit BNP Paribas Buy Maintained
    SMC online Results Update Maintained
    Prabhudas LilladherBuyMaintained
    HDFC Securities Buy Maintained
    Axis DirectBuyMaintained
    Nirmal Bang Institutional Buy Maintained
    Nirmal BangBuyMaintained
    Motilal Oswal Buy Maintained
    Edelweiss Buy Maintained
    BOB Capital Markets Ltd. Buy Maintained
    Axis DirectBuyMaintained
    Axis DirectBuyMaintained
    SharekhanBuyMaintained
    EdelweissBuyMaintained
    Nirmal Bang InstitutionalBuyMaintained
    HDFC SecuritiesBuyMaintained
    Prabhudas LilladherBuyMaintained
    EdelweissBuyMaintained
    BOB Capital Markets Ltd.BuyMaintained
    Prabhudas LilladherBuyMaintained
    Prabhudas LilladharBuyMaintained
    Nirmal Bang InstitutionalBuyMaintained
    Nirmal BangBuyMaintained
    HDFC SecuritiesBuyMaintained
    Axis DirectBuyMaintained
    Motilal OswalBuyMaintained
    Arihant CapitalAccumulateMaintained
    Nirmal Bang InstitutionalBuyMaintained
    HDFC SecuritiesBuyMaintained
    Axis DirectBuyMaintained
    Prabhudas LilladherBuyMaintained
    Motilal OswalBuyMaintained
    Nirmal BangBuyMaintained
    SharekhanBuyMaintained
    EdelweissBuyMaintained
    LKP SecuritiesBuyMaintained
    Geojit Financial ServicesBuyMaintained
    Geojit BNP ParibasBuyMaintained
    SMC onlineResults UpdateMaintained
    Nirmal Bang InstitutionalBuyMaintained
    EdelweissBuyMaintained
    BOB Capital Markets Ltd.SellMaintained
    B of A SecuritiesBuyUpgraded
    Axis DirectBuyMaintained
    Arihant CapitalHoldMaintained
    YES SecuritiesBuyMaintained
    Prabhudas LilladherBuyMaintained
    Motilal OswalBuyMaintained
    Dolat CapitalBuyMaintained
    BOB Capital Markets Ltd.BuyMaintained
    SharekhanBuyMaintained
    Dolat CapitalBuyMaintained
    EdelweissBuyMaintained
    HDFC SecuritiesBuyMaintained
    HDFC SecuritiesBuyMaintained
    Geojit BNP ParibasBuyMaintained
    Hem SecuritiesHoldMaintained
    Hem SecuritiesHoldMaintained
    SMC onlineResults UpdateMaintained
    Nirmal Bang InstitutionalBuyMaintained
    Nirmal BangBuyMaintained
    EdelweissBuyMaintained
    Axis DirectBuyMaintained
    YES SecuritiesBuyMaintained
    Prabhudas LilladherBuyMaintained
    Prabhudas LilladharBuyMaintained
    Motilal OswalBuyMaintained
    HDFC SecuritiesBuyMaintained
    Dolat CapitalBuyMaintained
    Arihant CapitalBuyMaintained
    BOB Capital Markets Ltd.BuyMaintained
    SharekhanBuyMaintained
    Axis DirectBuyMaintained
    Axis DirectBuyMaintained
    LKP SecuritiesBuyMaintained
    EdelweissMaintained
    Hem SecuritiesBuyMaintained
    Geojit BNP ParibasBuyMaintained
    Angel BrokingHoldMaintained
    SMC onlineResults UpdateMaintained
    Nirmal BangBuyMaintained
    HDFC SecuritiesBuyMaintained
    CentrumBuyMaintained
    Nirmal Bang InstitutionalBuyMaintained
    Motilal OswalBuyMaintained
    HDFC SecuritiesBuyMaintained
    EdelweissBuyMaintained
    Motilal OswalBuyMaintained
    BOB Capital Markets Ltd.BuyMaintained
    SharekhanBuyMaintained
    HDFC SecuritiesBuyMaintained
    Prabhudas LilladherBuyMaintained
    Prabhudas LilladharBuyMaintained
    HDFC SecuritiesBuyMaintained
    EmkayBuyMaintained
    Motilal OswalBuyMaintained
    Geojit Financial ServicesHoldMaintained
    Angel BrokingBuyMaintained
    Nirmal BangBuyMaintained
    HDFC SecuritiesBuyMaintained
    Axis DirectBuyMaintained
    Nirmal BangBuyMaintained
    Motilal OswalBuyMaintained
    Axis DirectBuyMaintained
    Axis DirectBuyMaintained
    Angel BrokingBuyMaintained
    SharekhanBuyMaintained
    YES SecuritiesBuyMaintained
    Nirmal BangBuyMaintained
    Motilal OswalBuyMaintained
    HDFC SecuritiesBuyMaintained
    EdelweissBuyMaintained
    Prabhudas LilladherBuyMaintained
    EdelweissBuyMaintained
    Axis DirectBuyMaintained
    Angel BrokingBuyMaintained
    Investec SecuritiesBuyMaintained
    HDFC SecuritiesBuyMaintained
    Reliance SecuritiesBuyMaintained
    Nalanda SecuritiesBuyMaintained
    KRChokseyAccumulateMaintained
    Prabhudas LilladherBuyMaintained
    Nirmal BangBuyMaintained
    Axis DirectBuyMaintained
    Angel BrokingBuyMaintained
    Karvy Stock BrokingBuyMaintained
    Reliance SecuritiesBuyMaintained
    Dolat CapitalAccumulateMaintained
    Nirmal BangBuyMaintained
    HDFC SecuritiesBuyMaintained
    Prabhudas LilladherBuyMaintained
    Motilal OswalBuyMaintained
    Karvy Stock BrokingBuyMaintained
    SharekhanBuyMaintained
    Kotak SecuritiesBuyMaintained
    Choice Equity BrokingBuyMaintained
    Swastika InvestmartHoldMaintained
    Nalanda SecuritiesBuyMaintained
    HDFC SecuritiesBuyMaintained
    SharekhanBuyMaintained
    Prabhudas LilladherBuyMaintained
    Motilal OswalBuyMaintained
    Dolat CapitalBuyMaintained
    Goldman SachsBuyUpgraded
    UBSBuyUpgraded
    Goldman SachsNeutralDowngraded
    Credit SuisseOutperformUpgraded
    Goldman SachsBuyUpgraded
    Standpoint ResearchBuyUpgraded
    Societe GeneraleInitiated
    Goldman SachsNeutralDowngraded
    Standpoint ResearchHoldDowngraded
    Standpoint ResearchAccumulateInitiated
    Morgan StanleyOverweightUpgraded

    ICICI Bank Ltd. (IBN) Stock Earning Per Share (EPS) Forecast / Estimate


    $9.454
    The average consensus EPS for IBN is $9.454 with a high estimate of $9.828 and Low of $9.173 for the period 2022-03-31 and based on 2 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $6.54$7.30232022-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $7.79$7.6762022-06-30
    $6.54$7.30232022-03-31
    $6.25$6.44892021-12-31
    $7.05$6.50642021-09-30
    $6.29$5.48262021-06-30
    $3.98$3.9262021-03-31
    $1.86$5.87572020-12-31
    $6.3$5.92032020-09-30
    $1$3.30272020-06-30
    $2.91$4.07872020-03-31
    $1.48$3.20032019-12-31
    $2.46$2.64242019-09-30
    $1.4$1.38982019-06-30
    $-0.19$2.29562019-03-31
    $1.57$2.22372018-12-31
    $2.55$3.11752018-09-30
    $3.18$3.47692018-06-30
    $3.17$3.21582018-03-31
    $3.14545$3.22562017-12-31
    $3.8$3.45972017-09-30
    $4.8272699999999995$4.00852017-06-30
    $3.48182$3.5582017-03-31
    $6.68182$4.76812016-12-31
    $4.7$4.58242016-09-30
    $4.70909$4.75222016-06-30
    $4.627269999999999$4.62152016-03-31
    $4.53636$4.40732015-12-31
    $4.4909099999999995$4.68272015-09-30
    $4.22$4.19612015-06-30
    $4.14546$4.11772015-03-31
    $4.158180000000001$4.03982014-12-31
    $3.9727300000000003$3.91452014-09-30
    $3.69636$3.57772014-06-30
    $3.56545$3.65912014-03-31
    $3.6127300000000004$3.62922013-12-31
    $3.53091$3.33852013-09-30
    $$2013-06-30
    $$2013-03-31
    $$2012-12-31
    $$2012-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).