HDFC Bank (HDB) Stock Analysis & Forecast

HDFC Bank Limited. Finance sector. Market cap $118.8B.

$23.16+0.50 (+2.2%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

HDB closes at $23.16, up 2.2% on the day, but remains below both its 50-day average of $23.60 and its 200-day average of $27.71, with the 50-day also below the 200-day. The GekkoIndex reads 60.4, placing the stock in the Accumulation zone. Shares trade 12.5% below the Gekko Fair Value estimate of $26.47, and the stock sits well off its 52-week high of $37.45, closer to its 52-week low of $21.77.

This week's headlines center on a wave of law firm notices, including from ClaimsFiler, Rosen Law Firm, Hagens Berman, Faruqi & Faruqi, Levi & Korsinsky, and Kaplan Fox, all reminding investors of lead plaintiff deadlines in a securities class action covering purchases between 17 July 2023 and 26 May 2026, with deadlines ranging from 12 October to 13 October 2026. Separately, Tidal Investments LLC disclosed a new stake of 58,100 shares, valued at approximately $1,501,000, in a recent second-quarter filing.

HDB next reports earnings on 16 October 2026 before the open, 26 days out and within a typical 20-trading-day hold. The prior quarter beat estimates with EPS of $0.43 versus $0.39 expected, part of a run of 7 beats in the last 8 quarters, though the last reaction was -0.9%; average absolute reaction has run around 2%. Seasonality over the next 20 trading days has averaged -2% across 5 years, rising in 2 of them. No insider, Congress, or unusual options activity appears in their respective windows, though one billionaire holder and one trailblazer holder are noted. One analyst carries a buy rating with a $30.77 consensus target.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $23.16200-day averageGekko Fair Value $26.47

Key stats

Market cap
$118.8B
P/E ratio
15.9
Forward P/E
12.8
EPS, TTM
$1.43
Revenue, TTM
$2.95T
Profit margin
26.8%
Dividend yield
1.83%
Beta
0.40
Volume
9.35M avg 9.17M
1-year return
−35.6%
Typical daily move
±2.5%
Typical 20-day move
±4.7%
50-day average
$23.60
200-day average
$27.71
Next earnings
Oct 16 before open
Shares outstanding
5.14B
52-week range
$21.77$37.45

HDFC Bank swing-trade checklist

HDFC Bank scores 2 supportive, 0 mixed and 3 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive0 mixed3 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $23.16 is below the 50-day ($23.60) and 200-day ($27.71) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    60.4, Accumulation

    Reading 60.4 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    12.5% below

    Price is 12.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 26 days

    Reports on Oct 16, 2026, 26 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −2.0% on average

    From this point in the calendar, the next 20 trading days averaged −2% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

HDFC Bank stock chart and price history

HDFC Bank closed at $23.16 on Sep 18, 2026, −35.6% over the past year, inside a 52-week range of $21.77 to $37.45.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
0.0%
3 months
−7.6%
6 months
−11.4%
1 year
−35.6%
The full HDB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open HDB in Gekko

Follow HDFC Bank through every session

Put HDB on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About HDFC Bank

HDFC Bank offers a broad mix of banking and financial services to everyday customers as well as businesses, operating not only in India but also in Bahrain, Hong Kong and Dubai. Its work spans everyday deposit accounts, lending across personal and commercial needs, card issuance, and trade and payment services, giving it a footprint that touches nearly every part of retail and corporate finance.

The bank structures its business into treasury, retail banking, wholesale banking, other banking activities and an unallocated segment. On the retail side it provides savings, current, pension and provident fund accounts, fixed and recurring deposits, lockers and demat accounts, alongside loans for homes, vehicles, education, gold and personal needs. For corporate and institutional clients, it handles working capital, structured finance, trade credit, loan syndication and cash management, while also supporting supply chain partners, agricultural borrowers and professionals through tailored financing. Digital channels such as mobile and online banking, along with instant transfer systems like UPI, IMPS, NEFT and RTGS, support these services across both customer groups.

Shares of HDFC Bank are listed on under the ticker HDB.

Sector
Finance
Website
hdfc.bank.in

HDFC Bank GekkoIndex: the smart money zone

HDFC Bank’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 60.4, in the Accumulation zone, down 1.3 points over five sessions.

010060.4Accumulation

Down 1.3 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying58−1.4%−1.4%−1.1%−7.1%
Accumulation (current zone)209−0.1%−0.3%−0.3%+0.7%
Neutral309+0.2%+0.3%−0.6%−1.4%
Distribution38−1.0%−2.3%+0.2%+2.7%
Selling1Too few readings yet

Average HDB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the HDB price, zone by zone.Track HDB in Gekko

Is HDFC Bank stock overvalued? Gekko Fair Value

HDFC Bank trades 12.5% below Gekko Fair Value of $26.47, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what HDFC Bank shares are worth, recalculated every trading day.

$26.47

Gekko Fair Value, Sep 19, 2026

12.5% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open HDB in Gekko

HDFC Bank insider and Congress trading

No open-market insider purchases were filed for HDFC Bank, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for HDB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every HDB insider filing, plotted on the chart in Gekko.Open HDB in Gekko

Congress trades last 90 days

No trades in HDB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for HDB, plotted on the chart in Gekko.Open HDB in Gekko

Hedge funds and billionaires quarter ended Mar 31

2of the funds Gekko tracks hold HDB.

2added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

HDFC Bank earnings: next date and track record

HDFC Bank reports on Oct 16, 2026, before the open (26 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±2%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−1.3%Apr ’24+2.2%Jul ’24+4.3%Oct ’24+0.2%Jan ’25+2.4%Apr ’25+4.2%Jul ’25−0.3%Oct ’25−0.9%Jan ’26

Last earnings call, Jan 17, 2026 AI summary

What they said
A concise, comprehensive summary of HDFC Bank's Q3 FY '26 earnings call, including performance highlights, margin dynamics, liquidity and deposits evolution, branch expansion strategy, asset quality trends, and commentary on macro conditions and regulatory impacts. The call includes management remarks, analyst questions focused on LDR/deposits, credit cost, branches, and competitive dynamics, and closing remarks.
Guidance
Provide a forward-looking view only if management issued explicit forecasts or outlook statements. If none were provided, return an empty string.
Risks flagged
Identify any headwinds or uncertainties discussed, such as liquidity conditions, regulatory actions, macroeconomic conditions, or competitive pressures.
ReportedEPSSurpriseRevenueSurpriseMove
Jan 17, 2026$0.43
est $0.39
+10.3%$5.04B
est $5.10B
−1.2%−0.9%
Oct 18, 2025$0.44
est $0.36
+22.2%$5.05B
est $4.96B
+1.8%−0.3%
Jul 19, 2025$0.37
est $0.38
−2.6%$6.05B
est $5.06B
+19.6%+4.2%
Apr 19, 2025$0.43
est $0.37
+16.2%$5.11B
est $4.95B
+3.1%+2.4%
Jan 22, 2025$0.38
est $0.25
+52.0%$4.95B
est $4.52B
+9.5%+0.2%
Oct 19, 2024$0.39
est $0.25
+56.0%$4.95B
est $4.62B
+7.0%+4.3%
Jul 20, 2024$0.38
est $0.25
+52.0%$4.82B
est $4.70B
+2.5%+2.2%
Apr 20, 2024$0.39
est $0.35
+11.4%$5.65B
est $4.84B
+16.6%−1.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

HDFC Bank stock forecast and analyst price targets

Analysts’ average 12-month price target for HDFC Bank is $30.77, +32.9% from the last close, from 1 firm rating the stock in the last 90 days.

$30.77consensus 12-month target, +32.9% from the last close
Buy1
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 1 firm.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 31Bank of America SecuritiesBuy, reiterated
Jul 20Bank of America SecuritiesBuy, maintained
−0.3%average 20-day move after past Accumulation readings
−2.0%average move over the next 20 trading days in the last 5 years
±2.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

HDFC Bank seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, HDFC Bank averaged −2.0% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+4.8%2021−9.3%2022−7.5%2023−6.0%2024+3.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−3.2%2 of 5
Next 10 trading days−5.1%0 of 5
Next 15 trading days−5.3%0 of 5
Next 20 trading days−2.0%2 of 5
Next 30 trading days−2.5%2 of 5

For scale, HDB’s typical 20-trading-day move in either direction is about 4.7%.

HDFC Bank market cap and key statistics

HDFC Bank’s market cap is $118.8B, with a P/E ratio of 15.9 and revenue of $2.95T over the last twelve months.

Valuation

Market cap
$118.8B
P/E ratio
15.9
Forward P/E
12.8
EPS, TTM
$1.43
Gekko Fair Value
$26.47

Trading

Volume
9.35M
Avg volume, 20 days
9.17M
52-week high
$37.45
52-week low
$21.77
Shares outstanding
5.14B

Financials

Revenue, TTM
$2.95T
Profit margin
26.8%
Return on equity
13.8%
Quarterly earnings growth, YoY
+18.1%

Risk and income

Beta
0.40
Typical daily move
±2.5%
Typical 20-day move
±4.7%
Dividend yield
1.83%

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HDFC Bank stock FAQ

What is HDFC Bank’s market cap?

HDFC Bank’s market cap is $118.8B at the Sep 18, 2026 close of $23.16, with 5.14B shares outstanding. The shares trade on a P/E ratio of 15.9.

What is the HDFC Bank stock forecast?

The consensus analyst 12-month price target for HDFC Bank is $30.77, +32.9% from the last close. Of the 1 firm that rated the stock in the last 90 days, 1 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is HDFC Bank stock overvalued or undervalued?

On Gekko’s estimate HDFC Bank is undervalued: the Sep 18, 2026 close of $23.16 is 12.5% below Gekko Fair Value of $26.47. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does HDFC Bank report earnings next?

HDFC Bank is expected to report on Oct 16, 2026, before the market opens (26 days away). Analysts expect earnings of $0.40 per share on revenue of $4.99B. HDFC Bank beat the earnings estimate in 7 of its last 8 reports, moving 2% on average across the report.

What is HDFC Bank’s 52-week high and low?

HDFC Bank’s 52-week high is $37.45 and its 52-week low is $21.77; it closed at $23.16 on Sep 18, 2026, −35.6% over the past year.

Is HDFC Bank stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value) and 3 as headwinds (trend, earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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