39/100BING Groep stock forecast 2027–2029What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for ING Groep is 22.50, 29.3% below the current price of 31.81. Their targets range from 22.50 to 22.50.
Of the 17 firms that rated ING Groep in the past 12 months, 11 rate it buy or strong buy, 6 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 22.50 to 22.50, with an average of 22.50.
| Buy | 11 | |
| Hold | 6 | |
| Sell | 0 |
12-month price target
| Highest target | 22.50 |
| Average target | 22.50 |
| Lowest target | 22.50 |
| Current price | 31.81 |
ING Groep price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
How analysts rate ING Groep, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
1 of 1 firms rate it buy now, against 1 of 1 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
ING Groep EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect ING Groep's EPS to grow 18.5% a year until 2027, slower than over the last 5 years (27.1% a year) and the last 3 years (28.0%).
Analysts expect ING Groep's revenue to grow 7.3% a year until 2028. Over the last 5 years it fell 3.1% a year, and over the last 3 years it fell 11.8%.
Revenue
EPS
Does ING Groep beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 16.6% off the result, either way, and their revenue estimate 136.9%, over the last 12 quarters.
- EPS beats
- 14 / 23
- Revenue beats
- 13 / 20
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +12.5%
- Since
- November 2013
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 29 Oct 2026 | 0.79 | 0.75 | -5.1% | 7.06B | 6.95B | -1.6% |
| Q2 FY2026 | 30 Jul 2026 | 0.75 | 0.79 | +5.3% | 6.99B | 7.23B | +3.4% |
| Q1 FY2026 | 30 Apr 2026 | 0.60 | 0.63 | +5.0% | 6.86B | 6.83B | -0.4% |
| Q4 FY2025 | 29 Jan 2026 | 0.50 | 0.56 | +12.0% | 6.67B | 6.92B | +3.7% |
| Q3 FY2025 | 30 Oct 2025 | 0.64 | 0.70 | +9.4% | 6.28B | 6.86B | +9.2% |
| Q2 FY2025 | 31 Jul 2025 | 0.59 | 0.64 | +8.5% | 6.22B | 28.56B | +358.9% |
| Q1 FY2025 | 2 May 2025 | 0.56 | 0.49 | -12.5% | 6.34B | 6.18B | -2.6% |
| Q4 FY2024 | 6 Feb 2025 | 0.41 | 0.39 | -4.9% | 5.77B | 5.60B | -2.9% |
| Q3 FY2024 | 31 Oct 2024 | 0.30 | 0.65 | +114.2% | 6.13B | 54.51B | +789.7% |
| Q2 FY2024 | 1 Aug 2024 | 0.54 | 0.58 | +7.6% | 5.99B | 29.96B | +400.5% |
| Q1 FY2024 | 2 May 2024 | 0.46 | 0.52 | +12.3% | 5.83B | 1.89B | -67.6% |
| Q4 FY2023 | 1 Feb 2024 | 0.49 | 0.48 | -2.0% | 6.07B | 5.95B | -1.9% |
ING Groep stock price 2027–2029: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If ING Groep's earnings grow at the 17.9% a year analysts expect to FY2027, then 15.0% a year, it would earn about 4.39 a share in FY2029. At the P/E it has traded at over the last five years (9.2 to 12.2) that is 40.27 to 53.55 a share, or 47.87 at its average P/E of 10.9. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 3.32 | 30.45 | 36.20 | 40.49 |
| FY2028 (extrapolated) | 3.82 | 35.02 | 41.63 | 46.56 |
| FY2029 (extrapolated) | 4.39 | 40.27 | 47.87 | 53.55 |
Each year's EPS is the analysts' consensus to FY2027; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (9.2, 10.9, 12.2).
Is ING Groep stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
ING Groep's P/E of 12.2 is above the middle of its 5-year range (6.2 to 14.0, median 10.1). Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. Buyers pay more for each point of growth than usual: a PEG of 0.7 on expected growth against 0.4 on its median P/E and past five years' growth. At its usual P/E (10.2 × EPS of 2.61), ING Groep's fair value is 26.72; the price, 31.81, is 19.0% above it. Its forward P/E, on the consensus for FY2026, is 11.4.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (6.2 and 14.0). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 12.19
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 10.08
- Five-year P/E range
- 6.2 – 14.0
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 11.37
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 0.68
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- -29.3%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 194.93146Price 99.09244 | +96.7% | |
| 42.225 | 82.9546Price 42.23165 | +96.4% | |
| 186.680 | 360.82271Price 186.68451 | +93.3% | |
| 213.670 | 405.57304Price 213.67507 | +89.8% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 160.650 | 300.09225Price 160.65375 | +86.8% | |
| 165.860 | 308.95212Price 165.86442 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.