Are you looking for the banking stock to invest in? If yes, this post is a right choice for you where we did our analysis and dig into the SBI share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the SBI share price target, we’ll take a look at the company’s profile, their competitors, technical factors, fundamental analysis, strength & weakness, market risks, growth chart, balance sheet, shareholding patterns, and much more.
After reading this post, we must say that you might able to decide whether SBI stock should be there in your portfolio or not?
A Brief Overview of State Bank of India (SBI) History
The State Bank of India (traded as SBIN) is an Indian-origin multinational public sector bank, founded in 1955 as statutory body. Their headquarter is located in Mumbai, India. On 1995, the SBI was listed in National Stock Exchange (NSE).
The SBI bank is the 10th largest employer in India. Currently, the SBI bank served their financial services worldwide and also listed in BSE, LSE, and so on.
However, the SBI incorporated with an aim of providing banking system and financial services in India and other countries from around the world. In this detailed blog post, we will get an idea and explore the state bank of india share price target for 2024, 2025, 2026, 2030, and up to 2040.
For long term investment, the future of SBI share has awesome potential to grow as the banking system is enhancing their features with latest technologies. For more detailing, we will use different market indicators, factors, and technical analysis to predicts the potential and forecast of SBIN share up to the year 2040.
| Company Type- | Large Cap Company |
| Expertise or Industry- | Banking and Financial Services |
| Ticker Symbol- | NSE- SBIN BSE- 500112 LSE- SBID BSE- SENSEX NSE NIFTY 50 Constituent |
| Traded As (Listed In)- | National Stock Exchange (NSE) Bombay Stock Exchange (BSE) |
| Founded In- | 1955 |
| Founders- | John Matthai |
| Headquarters- | Mumbai, India |
| Key People- | Dinesh Kumar Khara (Chairman) C.S. Setty (Managing Director) Ashwini Kumar Tewari (MD) Vinay M Tonse (MD) Alok Kumar Choudhary (MD) |
| Area Served- | Worldwide |
| Parent Holders- | Ministry of Finance, Govt. of India |
| Subsidiaries- | SBI Life Insurance Ltd. SBI Mutual Fund. SBI Cards. SBI General Insurance. JIO Payment Bank. YES Bank. Andhra Pradesh Grameena Bank. Kaveri Grameena Bank. Uttarakhand Gramin Bank |
| Official Website- | sbi.co.in bank.sbi |
Fundamental Analysis of State Bank of India (SBI)
Currently, the SBI Share Price today– Rs 785.20.
The Financial and fundamental analysis of SBI share includes several parameters such as PE ratio, ROE, ROCE, EPS, and so on. So, below is table of data that will give you an idea about the financial data analysis of SBI shares in the Indian Stock Market.
| Market Cap- | ₹ 729,899 Cr. |
| Total No. of Shareholders- | 31.5L |
| P/E Ratio- | 11.95 |
| P/B Ratio- | 1.96 |
| Face Value- | ₹ 1.00 |
| Book Value (TTM)- | ₹ 391.83 |
| EPS (TTM)- | 68.44 |
| Dividend Yield- | 1.68% |
| Beta- | 1.39 |
| Promoter Holding- | 56.92% |
| ROE- | 18.05% |
| ROCE- | 12.06% |
| Debt to Equity- | N/A |
SBI Share Price Targets
After analysing the growth and book orders of SBI from last 5 years, we have seen a tremendous growth of around 146.80% (since 2019). In 2019, the starting price of SBIN stock is ₹349.40 but now in 2024, the price is already touching the mark of ₹849.50.
With this result, we may predict that the State Bank of India share is going to perform amazing in the upcoming 10-15 years with their increasing growth potential and increasing investors. So, below we are providing the SBI Share Price Target 2024, 2025 and up to 2040.
| SBI Share Price Target 2024 | ₹ 750 to ₹890 |
| SBI Share Price Target 2025 | ₹ 895 to ₹1300 |
| SBI Share Price Target 2026 | ₹ 1310 to ₹1545 |
| SBI Share Price Target 2027 | ₹ 1555 to ₹1785 |
| SBI Share Price Target 2028 | ₹ 1790 to ₹1990 |
| SBI Share Price Target 2029 | ₹ 2002 to ₹2430 |
| SBI Share Price Target 2030 | ₹ 2440 to ₹2675 |
| SBI Share Price Target 2035 | ₹2680 to ₹3135 |
| SBI Share Price Target 2040 | ₹3140 to ₹3360 |
It may also be noted that the table below displays information of State Bank of India Share Price Targets of all the particular years are about the attainable targets. All the share price targets in this post are made only for education purpose only.
SBI Share Price Target 2024
| Year | SBI Share Price in 2024 |
| 2024 | ₹750 to ₹890 |
SBI Share Price 2024- As we already seen the potential of SBI Stock in the Indian stock market. In mid-June, the stock already hit the price of INR 850.50. So, as per our analysis, the SBIN Stock has chances to lie in the range of Rs. 750 to Rs.890 by the end of 2024.
SBI Share Price Target 2025
| Year | SBI Share Price in 2025 |
| 2025 | ₹895 to ₹1300 |
SBI Share Price Target 2025- As the growing economy of India, the banking sector will also boom as we have already seen the potential in SBI Stock. With our prediction, the SBIN Stock has chances to lie in the range of Rs. 895 to Rs.1300 by the end of 2025.
SBI Share Price Target 2026
| Year | SBI Share Price in 2026 |
| 2026 | ₹1310 to ₹1545 |
SBI Share Price Target 2026- As the growing economy of India, the banking sector will also boom as we have already seen the potential in SBI Stock. With our prediction, the SBIN Stock has potential to lie in the range of Rs. 1310 to Rs.1545 by the end of 2026.
SBI Share Price Target 2027
| Year | SBI Share Price in 2027 |
| 2027 | ₹1555 to ₹1785 |
SBI Share Price Target 2027- India stock market is growing as retail investors interested to get decent returns and SBI stock is among the best stock in banking sector. That’s why, the SBI share also help people to achieve their returns and the stock in 2026 will lie in the range of Rs. 1555 to Rs.1785 by the end of 2027.
SBI Share Price Target 2028
| Year | SBI Share Price in 2028 |
| 2028 | ₹1790 to ₹1990 |
SBI Share Price Target 2028- Considering positive growth in Nifty Bank and our analysis in banking sector, the SBI share has a power of growth and their price will lie in the range of Rs.1790 to Rs.1990 by the end of 2028.
SBI Share Price Target 2029
| Year | SBI Share Price in 2029 |
| 2029 | ₹2002 to ₹2430 |
SBI Share Price Target 2029- Considering boom in banking sector with best stock, the SBI share has a potential of break their all-time high and their price will lie in the range of Rs.2002 to Rs.2430 by the end of 2029.
SBI Share Price Target 2030
| Year | SBI Share Price in 2030 |
| 2030 | ₹2440 to ₹2675 |
SBI Share Price Target 2030- Considering SBI Share is positive and best in terms of returns (CAGR), the share has a potential for long term investment and their price will lie in the range of Rs.2440 to Rs.2675 by the end of 2030.
SBI Share Price Target 2035
| Year | SBI Share Price in 2035 |
| 2035 | ₹2680 to ₹3135 |
SBI Share Price Target 2035- the SBI Share price for 2035 will lie between Rs.2680 to Rs.3135 as the Indian economy starts growing positively. It might also result the SBI share price will break their 52-week high every year.
SBI Share Price Target 2040
| Year | SBI Share Price in 2040 |
| 2040 | ₹3140 to ₹3360 |
SBI Share Price Target 2040- Considering positive balance sheet and P&L, the SBI share will might lie between the price range of Rs.3140 to Rs.3360 by the end of 2040. The SBIN share will definitely benefits for the long-term investors.
Shareholding Pattern of SBI Share
Below is the table that shows the overall shareholders in the State Bank of India Bank till June 2024.
| Total Promotor Holding | 56.92% |
| Mutual Funds | 11.48% |
| Other Domestic Institutions (DII) | 12.22% |
| Foreign Institutions (FII) | 10.97% |
| Retail Investors | 6.12% |
| Other Parties | 2.29% |
Strength and Weakness of SBI Share Price
This portion of the article showcase the strength and weakness of State Bank of India (SBI) Bank in the banking sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Consistent high returns in NIFTY500. | Mutual Fund investors decreased. |
| Strong Momentum. | High interest payments. |
| Net Cash Flow is increasing. | |
| Dividend Yield is more as compared to sector dividend yield. | |
| FII/DII increasing their shareholdings. |
SBI Bank Competitors
Below is the list of companies that shows an amazing competition to State Bank of India share in the banking sector.
- PNB Bank.
- Bank of Baroda.
- Union Bank.
- Canara Bank.
- Indian Bank.
- Bank of India.
- ICICI Bank.
- Axis Bank.
- IndusInd Bank.
Final Words about SBI Share Price Target
We hope that this post might help you to gain knowledge about the SBI share price target. Also, this post help to get an idea whether the SBI stock has potential or not for a long period.
According to our analysis, we might say that SBI share has potential to give you returns for investing in long period because it is large cap banking share.
You can also decide whether you going to choose SBI share for long term investment or for trading purposes at your own risk and proper research. This stock fits in every bucket.
One thing we must say, the demand for the banking sector in increasing every year that will definitely help the State Bank of India share to grow and give good returns to the investors in future.
Do your own research properly at your own risk because market and news related to SBI Bank and other scenarios could also impact the SBI stock’s performance.
Therefore, these SBI stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the SBIN share for investment! Please read the Disclaimer below.
