In the last 1 year, the Yes Bank stock gained more than 150% rapidly and made a fresh 52-week high in February 2024. But since February 2024, the stock started falling and became bearish as per technical and price actions. If you are also an investor then the post Yes Bank’s share price target for 2024, 2025, and 2026 may help in your analysis.
Before years Yes Bank had given risky loans to many businesses in the greed of high interest on the principal amount. Unfortunately, the business was unable to return it. That is why the Yes Bank lost the investors’ trust and crashed, trading below more than 95% of its all-time high.
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About Yes Bank
The Yes Bank is an Indian private sector bank offering almost all the services and products a good bank should offer its customers. The bank was founded in 2004 and its current managing director is Mr. Prashant Kumar.
Currently, Yes Bank provides the following banking services and products to its customers-
Card
Yes Bank provides its customers with almost all types of credit and debit cards. It is a common thing but a huge source of revenue for the banking sector.
Loans
Yes Bank provides various types of loans like car loans, home loans, personal loans, education loans, and more to individual, small & medium size businesses.
Accounts & Deposits
Yes Bank provides many types of accounts like savings accounts, salary accounts, current accounts, and more to individuals and businesses. For businesses, there are different types of loans too like term loans, working capital loans, and many more services…
For deposits, Yes Bank offers FD services to its customers where they can deposit their money for a specific period to earn a fixed amount of interest on their money.
Other Services
The bank provides almost all the services a good bank should do like digital payments, insurance, treasury services, transaction banking, and many more.
Yes Bank’s Scrip Info
| NSE | YESBANK |
| BSE | 532648 |
| ISIN | INE528G01035 |
| SECTOR | Banks |
Company Analysis
Below you’ll find Yes Bank Limited’s company information like financials, fundamentals, and shareholding patterns. This information plays an important role in identifying good companies for investing.
Note: The below-shared information is not enough for a complete analysis of any company or stock. Kindly cross-check this information with any screener or broker.
Note: All the values are in (₹) Rupees Crore.
| Quarter | Net Profit & Loss |
|---|---|
| Jun 2023 | ₹347 |
| Sep 2023 | ₹229 |
| Dec 2023 | ₹243 |
| Mar 2024 | ₹467 |
| Jun 2024 | ₹516 |
| Year | Net Profit & Loss |
|---|---|
| Mar 2020 | -₹16,433 |
| Mar 2021 | -₹3,489 |
| Mar 2022 | ₹1,064 |
| Mar 2023 | ₹736 |
| Mar 2024 | ₹1,285 |
Note: It is the company’s financial performance data, typically released every three months (quarterly) or once a year (annually).
| Market Cap | ₹76,625Cr | ROE | 3.18% |
| P/E Ratio (TTM) | 53.15 | EPS (TTM) | 0.46 |
| P/B Ratio | 1.68 | Div. Yield | 0.00% |
| Industry PE | 13.78 | Book Value | 14.57 |
| Debt to Equity | NA | Face Value | 2 |
| Held By | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| FIIs | 23.79% | 22.01% | 27.08% |
| DIIs | 41.98% | 41.50% | 38.10% |
| Public | 34.21% | 36.47% | 34.82% |
| Promoters | 0.00% | 0.00% | 0.00% |
| Other Holders | 0.01% | 0.01% | 0.01% |
Key Insights
- PE Ratio is high (PE>40).
- The net interest margins of the bank are not stable.
- The bank does not generate cash from its operations.
- Yes Bank’s debt is increasing and the debt is already high.
- In the recent quarters, Yes Bank’s earnings are showing strength.
- In the Yes Bank, there are 0 promoter holdings which is a negative thing.
- In the May 2024 quarter, FIIs increased their holdings from 22.01% to 28.42%.
- Yes Bank’s net cash flow and cash from the operating activity are increasing.
- The bank has been making profits continually for the last 3 years on an annual basis.
Quarterly Results – June 2024
In the quarter, Yes Bank made a massive net profit of Rs. 516 Crore which is higher than its several quarters’s net profit. In the quarter, the net profit of the bank increased by Rs. 49 Crore as compared to its previous quarter.
The sales of the Yes Bank also improved in the quarter. It is a clear sign the financials of the bank are improving over the quarter.
Yes Bank Share Price Target
Over the last 3 years, Yes Bank has made profits on an annual basis but the profits are very low as compared with profits made by the bank before the year 2020. From the last few quarters, FIIs and DIIs have increased their shareholding, and most probably Yes Bank’s share price target for 2024, 2025, and 2026 can make their investors very profitable.
This is very common in the market and if any company or bank goes against the official’s rules then it faces huge problems. This is the same happened with the Yes Bank as it lost millions of customers and investors’ trust. So, the Yes Bank share prices may take a long time to recover.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹20 | ₹25 |
| 2025 | ₹27 | ₹40 |
| 2026 | ₹40 | ₹50 |
Disclaimer: We are not SEBI registered, this post is only for educational purposes. We give the stock price targets based on analysts’ research, news, price action, etc. Please do research or talk to your financial advisor before making any decision.
Yes Bank Share Price Target 2024
At the current time, Yes Bank stock is bearish and it is continually falling from its 52-week high. From its 52-week high currently, the Yes Bank stock is trading at approximately 25% down.
In the Jun 2024 quarter, Yes Bank posted good results and showed a net profit of Rs. 516 Crore but there are no major actions seen on its chart. It’s a clear sign that investors are not taking any interest in the Yes Bank for now.
On 22 July 2024, ICICI Securities published research on the Yes Bank analysis and rated it “sell” with a target price of Rs. 20. It means in the upcoming months the stock can fall more. So, we have the almost same Yes Bank share price target of Rs. 20 to Rs. 25 for the year 2024.
Yes Bank Share Price Target 2025 and 2026
In 2025 and 2026, Yes Bank can do better than its current quarterly and annual performance. It can be seen in the financials of Yes Bank that the earnings of the bank have been improving over the last 3 years.
The earnings are improving but lower than the earnings made by the bank before 2020. Most probably we can see a good move in the Yes Bank stock price when it beats the analyst’s estimated earnings.
In short, technicals, indicators, brokers, etc. are bearish on the Yes Bank stock, and expect the stock can fall more in the upcoming months. So, it is not a good level to invest in the stock.
For the long term, we also do not recommend investing in the stock because investors are not interested in the stock and the stock is down by more than 95% from its all-time high. There is a rare chance that the stock can reach its all-time high in the 3 to 4 years.
If the earnings and fundamentals of Yes Bank improve and meet analyst expectations then Yes Bank’s share price target for 2025 and 2026 can reach Rs. 40 to Rs. 50.
Yes Bank Share Price Forecast & Ratings
As of August 2024, 73% of analysts are rating the stock to sell and the rest are rating to hold. No analysts have rated the stock to buy over the past few months.
On 22 July 2024, ICICI Securities published research on the Yes Bank analysis and rated it “sell” with a target price of Rs. 20.
FAQs
Yes Bank is good for now and it provides all the services and products to its customers and small & medium size businesses a good bank should do.
From the services side, there is no issue in the Yes Bank but investing in any stock based on its business is very risky as the Yes Bank’s history is slightly bad.
For 2024 or the short term the Yes Bank share price target is Rs. 20 to Rs. 25. As of 22 August, the Yes Bank stock is trading near Rs. 24.55.
More than 73% of analysts rated the stock “sell” for the short term as they do not see any potential in the Yes Bank for now.
So, if you planning for any investments then you should do your analysis about the bank and its financials and fundamentals.
In 2020, the Yes Bank crashed very badly and after 4 years the Yes Bank stock is trading more than 95% down from its all-time high.
Yes Bank also lost millions of its customers as it has broken their trust. In a few words, it will take a long time to recover and it is also not confirmed that the stock will go near its all-time high.
In a few words, it is not a good stock for long-term investing. Many other good banking sector stocks are less risky and have the potential to give good returns in the future.
Final Words
Yes, Bank stock is a penny stock of the banking sector that’s why a lot of individual investors are attracted to it by ignoring the risks. Here we shared some information about the prediction of Yes Bank’s share price target for 2024, 2025, and 2026. Now you can decide by yourself whether you want to invest or not.
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