Yahoo · Oct 27, 2026
HSBC's Restructuring Strategy Delivers Results: Is More Upside Ahead?
HSBC targets $2 billion in annual savings by 2026 as restructuring improves cost efficiency, boosts profitability and supports earnings growth.
HS
NASDAQ · HSBC
HSBC Holdings plc
Financial Services · Banks - Diversified
$86.01
Down-$5.20 (-5.70%)
Updated Oct 28, 2026, 10:37 AM
SID Score
6.3/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 258.54B
- P/E ratio
- 14.22
- Dividend yield
- 3.84%
- 52-week range
- $66.46 – $107.92
- Volume
- 4.33M
- Avg. volume
- 1.64M
Price performance · HSBC
HSBC price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 27, 2026
HSBC closed at $86.01 after 21 trading sessions, down 14.60% for the selected period.
- Last close
- $86.01
- Period change
- -14.60%
- Period low
- $86.01
- Period high
- $100.72
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 27, 2026 | $85.55 | $86.57 | $84.89 | $86.01 | 4.33M |
| Oct 26, 2026 | $91.84 | $91.86 | $91.11 | $91.21 | 1.34M |
| Oct 23, 2026 | $90.39 | $90.83 | $89.92 | $90.68 | 2.21M |
| Oct 22, 2026 | $92.13 | $93.04 | $91.50 | $91.89 | 2.05M |
| Oct 21, 2026 | $94.41 | $94.43 | $93.415 | $93.90 | 1.21M |
| Oct 20, 2026 | $92.22 | $93.69 | $92.17 | $92.74 | 1.42M |
| Oct 19, 2026 | $93.25 | $93.64 | $92.55 | $92.96 | 1.49M |
| Oct 16, 2026 | $95.62 | $96.12 | $94.39 | $94.57 | 1.49M |
| Oct 15, 2026 | $94.78 | $95.03 | $93.865 | $94.54 | 1.91M |
| Oct 14, 2026 | $93.54 | $94.00 | $92.96 | $93.91 | 2.06M |
| Oct 13, 2026 | $95.60 | $95.94 | $94.56 | $94.85 | 1.88M |
| Oct 12, 2026 | $94.29 | $94.80 | $94.13 | $94.32 | 1.59M |
| Oct 9, 2026 | $92.99 | $93.10 | $92.559 | $92.98 | 2.05M |
| Oct 8, 2026 | $92.09 | $92.73 | $91.56 | $92.61 | 3.56M |
| Oct 7, 2026 | $93.55 | $93.985 | $93.27 | $93.71 | 2.55M |
| Oct 6, 2026 | $97.75 | $98.07 | $97.57 | $97.58 | 1.33M |
| Oct 5, 2026 | $96.07 | $97.03 | $95.86 | $96.68 | 1.59M |
| Oct 2, 2026 | $95.14 | $96.18 | $94.82 | $96.14 | 2.02M |
| Oct 1, 2026 | $96.30 | $96.56 | $94.64 | $95.82 | 3.35M |
| Sep 30, 2026 | $99.90 | $100.47 | $99.24 | $99.31 | 1.91M |
| Sep 29, 2026 | $100.68 | $100.77 | $99.75 | $100.72 | 1.64M |
Latest HSBC news
The latest Smart Investors Daily articles mentioning HSBC.
Stock researchCompany · Overview
Company
Market Activity
Research & News
HSBC research
Overview
Company profile and research snapshot.
Company profile
Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and over 40 million customers worldwide. It operates in more than 50 countries with more than 200,000 full-time staff. The United Kingdom and Hong Kong are its two largest markets. The bank offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Hold
- Average target
- $52.00
- Implied upside
- —
- Analysts
- 8
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jul 16, 2026 | Citigroup | Buy | — |
| May 14, 2026 | RBC Capital Markets | Sector Perform | — |
| May 8, 2026 | JP Morgan Cazenove | Neutral | — |
| May 6, 2026 | HSBC | Hold | — |
| May 5, 2026 | Jefferies | Hold | — |
News briefing
Generated Oct 27, 2026, 9:16 PM
Why Is HSBC Down 5.70% Today?
HSBC shares fell sharply today following Q3 2026 earnings results that disappointed on key metrics, with both revenue and adjusted EPS missing analyst estimates despite a 32% pretax profit increase. The wealth business stalling and mixed forward guidance appear to be weighing on investor sentiment, overshadowing the bank's $1 billion share buyback announcement.
Bottom line: HSBC's sharp decline reflects investor disappointment with Q3 results that missed on both revenue and earnings despite strong pretax profit growth, compounded by a stalled wealth management business that undermines the bank's growth narrative. While the $1 billion buyback and cautious optimism on VC/PE activity provide some support, investors appear focused on near-term operational challenges and the need for more convincing evidence of revenue momentum. Watch for management commentary on wealth business stabilization and clarity on 2027 growth drivers in upcoming investor communications.
Yahoo · Oct 27, 2026
HSBC (HSBC) Q3 2026 Earnings Call Transcript
CFO Kaur discusses $18.7B revenue growth and $1.9B in simplification savings.
Yahoo · Oct 27, 2026
Truist Financial Explores AFCO Credit Sale to Sharpen Strategic Focus
Truist Financial Explores AFCO Credit Sale to Sharpen Strategic Focus. TFC is exploring the sale of AFCO Credit, a $6-$7B specialty lending business, as it exits non-core operations and focuses on core banking.
Yahoo · Oct 27, 2026
HSBC plans to absorb Hang Seng investment unit – report
HSBC Asset Management manages about $876bn in investment assets, while Hang Seng Investment Management has $50bn in assets.
AI research layers
Interpretive context generated from the platform’s current data sources.
HSBC Holdings Stock Performance
HSBC Holdings plc has experienced significant downward pressure in recent months, with shares trading at $86.01, reflecting a one-month decline of 14.99% and a three-month decline of 16.17%, per SID market data. Despite the recent pullback, the stock maintains a positive one-year return of 29.81%, indicating that longer-term holders remain in profitable territory. The 14-day relative strength index stands at 27.2, placing HSBC firmly in oversold territory below the conventional 30 threshold. The stock trades well below both its 50-day moving average of $99.44 and its 200-day moving average of $93.33, signaling sustained bearish momentum according to Massive/Polygon technical data. HSBC's beta of 0.394 indicates considerably lower volatility relative to the broader market. Average daily trading volume stands at approximately 1.64 million shares, supporting adequate liquidity for the $258.5 billion market capitalization stock.
HSBC Holdings Valuation Analysis
HSBC Holdings currently trades at a price-to-earnings ratio of 14.22, which positions the global banking giant at a moderate valuation within the Financial Services sector, per SID market data. The price-to-book ratio stands at 1.40, suggesting the market values the company at a modest premium to its net asset value, a common characteristic among well-capitalized international banks. The negative PEG ratio of -1.72 reflects atypical earnings growth dynamics that limit the metric's interpretive utility in this context. According to SEC filings and dividend disclosures, HSBC offers a dividend yield of approximately 4.43%, representing a meaningful income component for shareholders. The combination of the recent price decline and the relatively stable earnings base has compressed the P/E multiple from higher levels observed earlier in the year. HSBC's $258.5 billion market capitalization reflects its standing as one of the world's largest banking institutions by market value.
Smart Money Activity for HSBC
HSBC Holdings carries a composite smart money score of 54 out of 100, reflecting a neutral overall signal according to SID market data. Institutional activity represents the strongest component at 21.5 out of 25, indicating robust participation from large asset managers and pension funds in the stock. The insider trading component scores 12.5 out of 25, with SEC Form 4 filings showing one insider transaction over the past 90 days — a single purchase with zero sales recorded during that period. This buy-side activity, though limited in volume, suggests at least one corporate insider viewed the recent selloff as an opportunity. Congressional trading activity scores 12 out of 25, reflecting moderate engagement from disclosed legislative portfolios. Dark pool activity registers at 8.5 out of 25, the weakest sub-score, indicating relatively lower levels of off-exchange institutional block trading. The neutral overall signal suggests no decisive directional conviction among sophisticated market participants as HSBC navigates its current price correction.
HSBC Holdings Earnings Outlook
HSBC Holdings has delivered mixed earnings results across recent reporting periods, per company earnings reports. In the most recent completed quarter reported on May 5, 2026, HSBC posted earnings per share of $2.20, surpassing the consensus analyst estimate of $2.17 by $0.03. However, the prior quarter saw EPS of $2.25 against an estimate of $2.28, resulting in a marginal miss of $0.03. The earlier quarter reported on October 27 showed a more pronounced shortfall, with actual EPS of $2.10 versus estimates of $2.22, a negative surprise of $0.12. The upcoming quarter ending July 29 carries a consensus estimate of $2.28, and the subsequent quarter on August 4 also holds an estimate of $2.28, per analyst estimates. The pattern of slight misses in two of three completed quarters suggests analysts may be recalibrating expectations for HSBC's near-term profitability trajectory.
Wall Street Analyst Ratings for HSBC
Wall Street coverage of HSBC Holdings reflects a predominantly cautious stance, with the majority of recent ratings clustered around neutral-to-hold positions, per SID consensus data. The most recent action came from Citigroup on July 16, 2026, initiating coverage with a Buy rating, representing the sole bullish call among the five most recent analyst reports. RBC Capital Markets assigned a Sector Perform rating on May 14, while JP Morgan Cazenove initiated with a Neutral rating on May 8, according to Wall Street analyst reports. Notably, HSBC's own research division rated the stock a Hold on May 6, and Jefferies also issued a Hold rating on May 5, both coinciding with the quarterly earnings release. Of the five recent ratings, four fall into the neutral-to-hold category while only one carries a Buy designation. The concentration of neutral ratings suggests analysts broadly view HSBC as fairly valued at current levels despite the recent sharp price correction of nearly 15% over the past month.
