ICICI Bank Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for ICICI Bank stock has a target of 33.5, which predicts an increase of 13.37% from the current stock price of 29.55.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$33.5	$33.5	$33.5	$33.5
Change	+13.37%	+13.37%	+13.37%	+13.37%

* Price targets were last updated on May 13, 2026.

Analyst Ratings

The average analyst rating for ICICI Bank stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lim Rui Wen DBS	DBS	Buy Maintains $34	Buy	Maintains	$34	+13.37%	May 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1,352.48B

from 1,188.33B

13.81%

from 1,188.33B

Revenue Next Year

1,548.60B

from 1,352.48B

14.50%

from 1,352.48B

EPS This Year

78.95

from 69.20

14.09%

from 69.20

EPS Next Year

90.95

from 78.95

15.20%

from 78.95

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	1,675.36B	819.60B	1,619.30B	1,096.71B	1,188.33B	1,352.48B	1,548.60B
Revenue Growth	-	-51.08%	97.57%	-32.27%	8.35%	13.81%	14.50%
EPS	32.98	47.84	61.96	65.89	69.20	78.99	91.01
EPS Growth	-	45.06%	29.52%	6.34%	5.02%	14.15%	15.21%
Forward PE	-	-	-	-	-	35.29	30.63
No. Analysts	-	-	-	-	-	36	36

Financial currency is INR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2027	2028
High	1.4T	1.6T
Avg	1.4T	1.5T
Low	1.3T	1.4T

Revenue Growth

Revenue Growth	2027	2028
High	19.2%	21.0%
Avg	13.8%	14.5%
Low	8.8%	5.6%

EPS Forecast

EPS	2027	2028
High	82.90	98.30
Avg	78.95	90.95
Low	75.00	81.50

EPS Growth

EPS Growth	2027	2028
High	19.8%	24.5%
Avg	14.1%	15.2%
Low	8.4%	3.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.