What is ING stock price target for 2026?

WallStSmart's 12-month price target for ING Group NV ADR is $31.40, representing 8.5% upside from the current price of $28.93.

What is ING stock forecast?

ING Group NV ADR forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

ING

ING Group NV ADR

NYSE: ING · FINANCIAL SERVICES · BANKS - DIVERSIFIED

$28.93

+4.63% today

Updated 2026-04-30

Market cap

$83.10B

P/E ratio

11.26

P/S ratio

3.40x

EPS (TTM)

$2.57

Dividend yield

—

52W range

$19 – $30

Volume

3.1M

Market cap

$83.10B

P/E ratio

11.26

P/S ratio

3.40x

EPS (TTM)

$2.57

Dividend yield

—

52W range

$19 – $30

Volume

3.1M

ING Group NV ADR (ING) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$28.93

Consensus

$30.80

+6.46%

2030 Target

$124.83

+331.49%

DCF

—

Current price

$28.93

Analyst consensus

$30.80

+6.46%

2030 Target

$124.83

+331.49%

Intrinsic (DCF)

—

21 analysts:

1 Buy2 Hold0 Sell

Management guidance

ING management targets total income growth over 4% to €24 billion in 2026, with targets exceeding €25 billion in 2027. CEO guidance emphasizes strong net interest income growth and cost discipline driving earnings expansion through 2027.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$209.82

$30.4B Rev × 20x P/S

Base case (2030)

$124.83

$30.4B Rev × 12x P/S

Bear case (2030)

$82.34

$30.4B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$58.9B	$66.4B	$23.0B	$24.5B	$26.2B	$27.8B	$29.1B	$30.4B
Revenue growth	—	12.7%	-65.3%	0.2%	6.7%	6.2%	4.7%	4.5%
EPS	$2.70	$1.77	$2.44	$2.35	$2.74	$3.05	$3.32	$3.58
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$100.93	$108.90	$114.21	$119.52	$124.83

Catalysts & risks

Growth catalysts

+ Net Interest Income growth from higher deposit margins and lending expansion

+ Cost reduction initiatives and operational efficiency gains

+ Digital transformation and customer growth driving fee income

+ Share buyback program completion enhancing EPS

+ Capital optimization and dividend sustainability

Key risks

- ECB rate cuts reducing net interest margins and NII

- Economic downturn in Eurozone impacting loan demand and credit quality

- Geopolitical tensions (Iran conflict, Middle East shipping) increasing funding costs

- Regulatory pressures and capital requirements limiting growth

- Currency fluctuations affecting EUR to USD reporting

Methodology

ING Group NV ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 21 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.