Yes Bank is a well-known bank but due to giving a lot of loans to many businesses the bank almost died but the Indian government saved the bank. But the Yes Bank share price crashed very badly and is currently trading at almost 95% down from its all-time. It can be a good penny stock to get a multi-bagger return. So, let’s analyze the Yes Bank share price target for 2024, 2025, and 2026.
In the past years, Yes Bank has given crores of loans in return for getting very high interest rates on the loans. But now, these companies faced a loss in their businesses and refusing to give the money bank. As a result, Yes Bank has almost gone bankrupt and people’s money is saved but the share is down by approximately 95%.
In these types of cases, there are very low chance of going up to the previous levels but it can give some returns in the very long term. There are only a few companies that recovered from this situation.
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About Yes Bank
The Yes Bank is a private-sector bank funded by Rana Kapoor and Ashok Kapoor in 2003. As of now, its current managing director is Mr. Prashant Kumar.
Yes Bank almost gives every service a good bank should give like different types of bank accounts like savings accounts, salary accounts, deposits, etc. The Bank also provides many types of loan services like consumer loans, commercial loans, MSME loans, Rural and agri Loans, etc.
In cards, they have credit cards, debit cards, prepaid cards, and MCTC cards of many types. They also provide services for the NRI people and services related to investments, health insurance, life insurance, etc.
In a few words, the Yes Bank has almost everything a good bank needs but because of the fraud the bank share price went very down and the chance of going up is very low and will take a very long time.
Company Fundamentals
As you know, by checking a company’s fundamental information we can make good decisions for investment purposes. At the same time, investing, from the fundamental information you can understand whether this company is good for investing or not.
You can not get a higher return just by checking a company’s fundaments information or choosing a company with strong fundamentals. There are a lot of factors you need to remember for higher returns i.e. investing rules, risk management, technical analysis, psychology, and much more.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong.
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 Rating: 9.8/10 |  Rating: 9.1/10 |
 Rating: 8.5/10 |  Rating: 8.6/10 |
Profit Growth (Last 5 Years)
| Year | Profits (In Crores) |
|---|---|
| March 2019 | ₹1,709 |
| March 2020 | -₹16,433 |
| March 2021 | -₹3,489 |
| March 2022 | ₹1,064 |
| March 2023 | ₹736 |
Quarterly Results (Profits)
| Quarter | Profits (In Rs. Cr.) |
|---|---|
| Sep 2022 | ₹160 |
| Dec 2022 | ₹55.07 |
| Mar 2023 | ₹206 |
| Jun 2023 | ₹347 |
| Sep 2023 | ₹229 |
Company Essentials
| Market Cap | ₹66,871Cr | ROE | 2.07% |
| P/E Ratio (TTM) | 80.17 | EPS (TTM) | 0.29 |
| P/B Ratio | 1.65 | Div Yield | 0.00% |
| Industry P/E | 14.52 | Book Value | 14.07 |
| Debt to Equity | NA | Face Value | 2 |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 23.39% |
| DII | 40.71% |
| Public | 35.9% |
| Promoters | 0.0% |
| Other Holders | 0.0% |
Key Points
- The Financials of the Yes Bank are very weak, as a result, the Yes Bank stock is very volatile.
- The promoter’s holding is 0 which is not a good sign.
- Currently, The stock is trading At PE 64.18. The PE Ratio is very high while the other mostly banking sector stocks’s PE is very low or near their all-time low.
- ROE is negative which is not good for the Yes Bank. ROE is approx -2.49% in the past 3 years.
Quarterly Results (Q2)
- In the FY24 Q2, Yes Bank showed a massive profit of Rs. 229 Crore and On the YoY basis, the profit is approximately 47% higher.
- The FY24 Q2 profit is lower than the previous quarter’s profit. In the FY24 Q1 Yes Bank made a profit of Rs. 347 Crore but in the Q2 quarter, the profit was approximately Rs. 229 Crore.
- For the last 2 years, Yes Bank has been in profit but it is a very minor profit in front of other banking stocks or companies.
- These things show that the the Yes Bank is recovering slowly and in the upcoming years it may give good profits.
Thumb Rules of Investing
A lot of experts have given some rules to follow while investing to get a higher return and avoid huge losses. These are the common rules for almost all sectors and almost every experienced investor applies these rules while investing in the stock market.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case, you invested all the money in one sector, if the sector faces any issue then you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Yes Bank Share Price Target
From the last 1 to 2 years the stock is consolating at the same level even after making some profit from the business. It is because of the high PE, which shows that the stock is overbought and no new buyers are coming.
In a few next months, the banking sector’s stock will start going up as per the analyst. In the rally, the Yes Bank stock can also give some minor profit but always remember that the Yes Bank is a penny stock and very volatile. In the volatility, you may also face a huge loss if investments are not planned with proper research and analysis.
Note: We are not SEBI registered and we do not take any responsibility for any loss or profit. We are sharing this post only and only for educational purposes. We strongly suggest you do your analysis (fundamental and technical) before investing in any stocks.
Yes Bank share price target 2024
From its 52-week low, the stock has given a good return of approx 75% as the market is also supporting these types of stocks by going up. As we know, as of now the Indian stock market is in a bull run and the FII and DII are also investing a lot of money in the Indian stock market.
As of now, the Yes Bank stock is trading near Rs. 24 as of 05 January 2024, the stock is considered after the market closing. In the last 2-3 months the stock has given a massive return of approx 55%.
Currently, the stock is going upside down, and most probably it will be continuous until the Indian market goes up. In the stock, there is a resistance zone from Rs. 24 to Rs. 32. so the stock needs to break the resistance zone to go up.
Once the resistance is broken then you can expect the Yes Bank share price target for 2024 to approx Rs. 35 to Rs. 36.
Yes Bank share price target 2025
Currently, the PE Ratio of the Yes Bank stock is close to 80. As compared to the last 10 years’ PE Ratio, the current PE Ratio of the Yes Bank stock is almost near its all-time high.
As per the 4-year yearly profit and loss data Yes Bank is making some profit. In 2020 the bank made a loss of Rs. -20,838 Cr and in 2021 the net loss was approx Rs. -4,762. In the last 2 years 2022 and 2023, the bak started making profits and as of now it a very profitable and made a net profit of Rs. 1,434 Cr in 2022, and in 2023 the net profit was Rs. 981 Crore.
Quarterly the Yes Bank is also growing with time. Most probably in the upcoming years, it can give a massive return to the investors.
Yes Bank Target Price 2025
As we mentioned above Yes Bank has shown some profits in the last few quarters and each quarter the profit in increased. The profits Yes Bank made are very low but it is a good sign for the stock.
From the last 2 to 3 years most of the banking sector stocks have not performed well and are almost given 2% to 5% return. This is happening will all the banking stocks. According to the analysis, the banking sectors will start performing in the upcoming most.
As the fundamentals of the Yes Bank are improving with time, there is a chance that in 2025, the stock can show some good profits. So, if the bank gives more results its share price will go up quickly.
As Investing in the Yes Bank stock is very risky to try to stay away from the stock in case you do not understand the stock market and investing. You can invest in other fundamentally PSU banking stocks for safe investments.
FAQs
In this stock, there is multiple major resistance and Yes Bank rejected from the levels multiple times. Yes Bank is doing good so you can expect a target of Rs. 40 – 45 by 2025.
As the market is very bullish and almost all the stocks are going up with the market. Most probably it can go near Rs. 35 in 2024 if the market is in bullish mode.
Yes, Yes Bank shares will go up because the bank is doing good. Hope no major problem comes in the future. 😉
Final Words: Yes Bank is a penny stock so, plan your investments accordingly. In this post, we mentioned Yes Bank’s share price target for 2024, 2025, and 2026. Do your research before buying or investing, this post is only for educational purposes. We will be not responsible for any loss or profit. We update the page from time to time so, keep visiting the page for updated information about the Yes Bank stock.