ICICI BANK (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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ICICI Bank Limited |
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Price: ₹1,288.40 | ||
| 52 Week Low: ₹970.15 52 Week High: ₹1,362.35 |
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| Market Capital: 8,82,263.03 Crore (Largecap) | |||
| Financial Services -> Banks - Regional | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: ICICI BANK Share Price Target For 2024
- 1.1.1: ICICI BANK Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: ICICI BANK Share Price Target For 2025
- 1.2.1: ICICI BANK Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: ICICI BANK Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: ICICI BANK Brief Company Overview
- 4: ICICI BANK Financial Performance
- 4.0.1: Is ICICI BANK A Good Buy For Long Term?
To predict the ICICI BANK's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
ICICI BANK Share Price Target For 2024
The line chart displays the monthly closing prices of ICICI BANK with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for ICICI BANK shares in 2024, see the table below.
ICICI BANK Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1329.05 (+3.15%) | Price Action: 09 Dec 2024 High |
| 2024 Target 2 | 1315.0 (+2.06%) | Price Action: Nov 2024 High |
| 2024 Target 1 | 1301.3 (+1.00%) | Price Action: 05 Nov 2024 High |
| Current Price | 1288.40 | ICICI BANK's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1282.44 (-0.47%) | Price Action: 28 Nov 2024 Low |
| Stop Loss 2 | 1268.9 (-1.52%) | Price Action: 25 Oct 2024 High |
| Stop Loss 3 | 1256.0 (-2.52%) | Price Action: 22 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: ICICI BANK is showing mixed momentum signals near key moving averages.
Key Technical Level: The 50-day moving average at ₹1286.13 serves as the nearest technical reference point.
Historical Returns: 3-month: +1.21% | 6-month: +8.33% | 1-year: +30.39%
ICICI BANK Share Price Target For 2025
The line chart displays the monthly closing prices of ICICI BANK with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for ICICI BANK shares in 2025, see the table below.
ICICI BANK Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1618.1 (+25.58%) | Price Action: Chart |
| 2025 Target 2 | 1587.93 (+23.24%) | Price Action: Chart |
| 2025 Target 1 | 1572.21 (+22.02%) | Fibonacci Extension Level 64.90% |
| Current Price | 1288.40 | ICICI BANK's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1217.4 (-5.52%) | Price Action: Oct 2024 Low |
| Stop Loss 2 | 1200.44 (-6.83%) | Price Action: Sep 2024 Low |
| Stop Loss 3 | 1169.38 (-9.24%) | Price Action: Jul 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: ICICI BANK is currently trading near its 52-week high of ₹1362.35, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +30.39% | 3-year: +79.55% | 5-year: +147.33%
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Approach 2: Machine Learning By Studying Historical Prices
ICICI BANK Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹1,288.40 | ||
| 2024 | ₹1,389.00 | +7.81% | ₹1,409.83 |
| 2025 | ₹1,704.29 | +22.70% | ₹1,729.85 |
| 2026 | ₹2,143.06 | +25.75% | ₹2,175.21 |
| 2027 | ₹2,546.84 | +18.84% | ₹2,585.04 |
| 2028 | ₹2,842.15 | +11.60% | ₹2,884.78 |
| 2029 | ₹3,194.81 | +12.41% | ₹3,242.73 |
| 2030 | ₹3,462.77 | +8.39% | ₹3,532.79 |
| 2031 | ₹3,976.02 | +14.82% | ₹4,035.66 |
| 2032 | ₹4,406.95 | +10.84% | ₹4,473.05 |
| 2033 | ₹4,653.38 | +5.59% | ₹4,723.18 |
| 2034 | ₹5,000.62 | +7.46% | ₹5,075.63 |
| 2035 | ₹5,221.24 | +4.41% | ₹5,357.72 |
| 2036 | ₹5,808.97 | +11.26% | ₹5,896.10 |
| 2037 | ₹6,267.06 | +7.89% | ₹6,361.07 |
| 2038 | ₹6,464.60 | +3.15% | ₹6,561.57 |
| 2039 | ₹6,557.00 | +1.43% | ₹6,732.09 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
ICICI BANK Brief Company Overview
ICICI Bank: A Reputable Financial Giant With a rich history dating back to 1955, ICICI Bank is a leading provider of banking products and services in India and internationally. Headquartered in Mumbai, the bank operates through various segments, including: ...
Retail Banking Wholesale Banking Treasury Insurance Others The bank offers a comprehensive range of products and services, including: Savings, salary, and current accounts Time, fixed, and recurring deposits Loans for various purposes (e.g., home, car, business) Investment products (e.g., mutual funds, gold schemes) Portfolio management services Private and NRI banking Insurance (e.g., health, motor) Merchant banking and underwritingICICI BANK Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 8,82,263.03 Crore | Market valuation of ICICI BANK's shares. |
| Revenue (TTM) | 1,63,850.91 Crore | Total revenue generated by ICICI BANK over the past twelve months. |
| Net Income (TTM) | +473,677,332,480.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +37.49% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +28.90% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+27.40% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+18.80% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.74 | Company's total debt divided by total shareholder equity. |
| Total Debt | 2,19,760.54 Crore | Sum of ICICI BANK's current & long-term financial obligations. |
| Total Cash | 1,64,384.63 Crore | Total amount of liquid funds available to ICICI BANK. |
| Beta | 0.82 | Beta is less than 1 indicating that the ICICI BANK's price is less volatile than the market. |
Is ICICI BANK A Good Buy For Long Term?
ICICI Bank, a large-cap stock with a market capitalization of ₹8,82,263.03 crore, shows strong financial health. Its impressive 12-month net profit of ₹47,367.73 crore and robust revenue growth (27.4% QoQ) are positive indicators. While a significant debt of ₹2,19,760.54 crore exists, substantial cash reserves of ₹1,64,384.63 crore mitigate some risk. Past performance is exceptionally strong (39.62% return in the last 12 months, 254.86% over 5 years). Considering these factors, ICICI Bank is a good buy for the long term, though individual risk tolerance should be considered.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
