Banco Santander (BSD2) Stock Forecast & Price Target
BSD2 Analyst Ratings
Strong Buy
6Buy2Hold0Sell
Based on 8 analysts giving stock ratings to Banco Santander in the past 3 months
BSD2 Stock 12 Month Forecast
Average Price Target
EUR 13.67▲(35.79% Upside)Based on 8 Wall Street analysts offering 12 month price targets for Banco Santander in the last 3 months. The average price target is EUR 13.67 with a high forecast of EUR 14.70 and a low forecast of EUR 12.90. The average price target represents a 35.79% change from the last price of EUR 10.07.
Past 12 Months12 Month ForecastDec2025Sep2026
HighEUR 14.70
AverageEUR 13.67
LowEUR 12.90
Highest Price TargetHighestEUR 14.70Average Price TargetEUR 13.67Lowest Price TargetLowestEUR 12.90
Detailed List of Analyst Forecasts
Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Benjamin Toms | RBC Capital | EUR 13.25 | buy | 31.58%Upside | Reiterated | 10/28/26 | ||
| Miruna Chirea | Jefferies | EUR 13 | hold | 29.10%Upside | Reiterated | 10/28/26 | ||
| Ignacio Cerezo | UBS | EUR 14 | buy | 39.03%Upside | Reiterated | 10/28/26 | ||
| Chris Hallam | Goldman Sachs | EUR 14.10 | buy | 40.02%Upside | Reiterated | 10/28/26 | ||
| Cecilia Romero | Barclays | EUR 12.95 | buy | 28.56%Upside | Reiterated | 10/20/26 | ||
| Marta Sanchez Romero | J.P. Morgan | EUR 12.60→EUR 12.90 | hold | 28.10%Upside | Reiterated | 10/15/26 | ||
| Borja Ramirez Segura | Citi | EUR 14.10→EUR 14.50 | buy | 43.99%Upside | Reiterated | 09/18/26 | ||
| Alvaro Serrano | Morgan Stanley | EUR 13.80→EUR 14.70 | buy | 45.98%Upside | Reiterated | 09/02/26 | ||
| Alfredo Alonso Estudillo | Deutsche Bank | EUR 12.10→EUR 13.55 | buy | 34.56%Upside | Reiterated | 07/27/26 | ||
| Antonio Reale | Bank of America Securities | EUR 13.80 | hold | 37.04%Upside | Reiterated | 07/22/26 | ||
 Unknown AnalystNot Ranked | DZ BANK AG | ― | hold | ― | Reiterated | 07/22/26 | ||
| Jacques-Henri Gaulard | Kepler Capital | EUR 8.81→EUR 12.40 | buy | 23.14%Upside | Upgraded | 01/13/26 |
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Benjamin Toms | 10/28/26 | EUR 13.25 | buy | 31.58%Upside | Reiterated | RBC Capital | ||
| Miruna Chirea | 10/28/26 | EUR 13 | hold | 29.10%Upside | Reiterated | Jefferies | ||
| Ignacio Cerezo | 10/28/26 | EUR 14 | buy | 39.03%Upside | Reiterated | UBS | ||
| Chris Hallam | 10/28/26 | EUR 14.10 | buy | 40.02%Upside | Reiterated | Goldman Sachs | ||
| Cecilia Romero | 10/20/26 | EUR 12.95 | buy | 28.56%Upside | Reiterated | Barclays | ||
| Marta Sanchez Romero | 10/15/26 | EUR 12.60→EUR 12.90 | hold | 28.10%Upside | Reiterated | J.P. Morgan | ||
| Borja Ramirez Segura | 09/18/26 | EUR 14.10→EUR 14.50 | buy | 43.99%Upside | Reiterated | Citi | ||
| Alvaro Serrano | 09/02/26 | EUR 13.80→EUR 14.70 | buy | 45.98%Upside | Reiterated | Morgan Stanley | ||
| Alfredo Alonso Estudillo | 07/27/26 | EUR 12.10→EUR 13.55 | buy | 34.56%Upside | Reiterated | Deutsche Bank | ||
| Antonio Reale | 07/22/26 | EUR 13.80 | hold | 37.04%Upside | Reiterated | Bank of America Securities | ||
| Unknown AnalystNot Ranked | 07/22/26 | ― | hold | ― | Reiterated | DZ BANK AG | ||
| Jacques-Henri Gaulard | 01/13/26 | EUR 8.81→EUR 12.40 | buy | 23.14%Upside | Upgraded | Kepler Capital |
Stocks with the Highest Top Analyst Consensus in the Financial Sector
Best Analysts Covering Banco Santander
3 Months
Success Rate20/26 ratings generated profit
77%
Average Return
+8.70%
Copying Chris Hallam's trades and holding each position for 3 Months would result in 76.92% of your transactions generating a profit, with an average return of +8.70% per trade.
1 Year
Success Rate26/26 ratings generated profit
100%
Average Return
+47.29%
Copying Chris Hallam's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +47.29% per trade.
2 Years
Success Rate26/26 ratings generated profit
100%
Average Return
+96.04%
Copying Chris Hallam's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +96.04% per trade.
BSD2 Analyst Recommendation Trends
| Rating | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 |
| Buy | 16 | 23 | 21 | 23 | 15 |
| Hold | 2 | 4 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| total | 18 | 27 | 24 | 26 | 18 |
In the current month, BSD2 has received 15 Buy Ratings, 3 Hold Ratings, and 0 Sell Ratings. BSD2 average Analyst price target in the past 3 months is 13.67.
BSD2 Financial Forecast
HighEUR 0.29
ConsensusEUR 0.26
LowEUR 0.24
BSD2 Earnings Forecast
Next quarter’s earnings estimate for BSD2 is EUR 0.26 with a range of EUR 0.24 to EUR 0.29. The previous quarter’s EPS was EUR 0.25. Its overall industry beat the EPS estimate 81.82% of the time in the past 12 months.
HighEUR 17.2B
ConsensusEUR 16.9B
LowEUR 16.7B
BSD2 Sales Forecast
Next quarter’s sales forecast for BSD2 is EUR 16.92B with a range of EUR 16.69B to EUR 17.21B. The previous quarter’s sales results were EUR 33.90B. Its overall industry beat sales estimates 93.33% of the time in the past 12 months.
BSD2 Stock Forecast FAQ
What is DE:BSD2’s average 12-month price target, according to analysts?
Based on analyst ratings, Banco Santander’s 12-month average price target is €13.67.
What is DE:BSD2’s upside potential, based on the analysts’ average price target?
Banco Santander has 35.79% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Banco Santander a Buy, Sell or Hold?
Banco Santander has a consensus rating of Strong Buy, which is based on 6 buy ratings, 2 hold ratings and 0 sell ratings.
What is Banco Santander’s share price target?
The average share price target for Banco Santander is €13.67. This is based on 8 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst share price target is €14.70, and the lowest forecast is €12.90. The average share price target represents a 35.79% increase from the current price of €10.07.
What do analysts say about Banco Santander?
Banco Santander’s analyst rating consensus is a Strong Buy. This is based on the ratings of 8 Wall Street analysts.
How can I buy shares of Banco Santander?
To buy shares of DE:BSD2, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
