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HSBC · NYSE · STOCK

HSBC Holdings plc

Financial Services Updated August 11, 2026
$103.18
52W $63.51 – $107.92
63/100
$354.70B
14.6
0.57
AI Committee Verdict
Buy
63/100
Conviction: Contested · 83% agreement · 6 analysts
Contested

Is HSBC Bullish or Bearish?

Bullish. Innellis AI committee rates HSBC Holdings plc (HSBC) Buy with a composite score of 63/100 , based on 6 analysts with 83% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +11.57 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -8.43 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 109.1% yoy -- genuine top-line momentum. Risk Analyst remains cautious — high leverage (debt-to-equity 2.55) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • P/E of 13.9 is inexpensive for the broad market — Value
  • Price-to-book of 1.4x is a discount to asset value — Value
  • Dividend yield of 3.6% pays you to wait — Value
  • Revenue growing 109.1% YoY -- genuine top-line momentum — Growth
  • EPS growing 39.7% YoY — Growth
  • Price structure making higher highs and higher lows — Technical
Bear Case
  • Debt-to-equity of 2.55 adds balance-sheet risk to the value case — Value
  • MACD histogram negative -- bearish momentum — Technical
  • High leverage (debt-to-equity 2.55) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
63/100
Agreement
83%
Analysts
6
Conviction
Contested
Sector Rank
Top 49%
of 209 Financial Services peers
Value Analyst bullish
65 / 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 13.9 is inexpensive for the broad market
− Debt-to-equity of 2.55 adds balance-sheet risk to the value case
Growth Analyst bullish
85 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 109.1% YoY -- genuine top-line momentum
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst bearish
30 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.55) amplifies downside in a stress scenario
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
48.7
Neutral
MACD Histogram
-0.460
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Bollinger %B
0.50
Inside Bands
Price vs Moving Averages
EMA 9
$103.71 Below
EMA 21
$102.53 Above
EMA 50
$98.97 Above
EMA 200
$87.22 Above

Fundamental Analysis

Valuation
98
Profitability
60
Financial Health
46
Cash Flow
15
Valuation
P/E Ratio 14.6×
P/B Ratio 1.79×
PEG Ratio 0.36
Dividend Yield 3.65%
52W High $107.92
52W Low $63.51
Quality & Growth
ROE 1126.8%
ROA 69.1%
Gross Margin 5022.3%
Operating Margin 2542.7%
Revenue Growth YoY
Debt / Equity 0.68
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 14.6 (inexpensive relative to a 15-40x range); Price-to-book of 1.8x; PEG ratio of 0.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 11.3%; Return on assets of 0.7%; Net margin of 20.1%; Gross margin of 50.2%; Current ratio of 0.32 (tight short-term liquidity); Debt-to-equity of 0.68; Free cash flow per share is negative (0.00); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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