Should I Buy ING? ING 2026 Analysis

Should You Buy ING Groep NV (ING) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

30.060

1 Day change

1.69%

52 Week Range

31.180

Analysis Updated At

2026/02/04

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Not a good buy right now for an impatient entry: price is pressing near resistance (R1 30.837) with RSI(6) ~68 (stretched), while short-horizon pattern stats point to mild downside bias over the next day/week/month.
Trend is still bullish (SMA_5 > SMA_20 > SMA_200 and MACD histogram expanding), so I would hold existing exposure rather than chase a near-term breakout.
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Technical Analysis

Trend/structure: Bullish moving-average stack (SMA_5 > SMA_20 > SMA_200) indicates an established uptrend.
Momentum: MACD histogram +0.12 and expanding = bullish momentum persists.
Overextension risk: RSI_6 at 68.08 = close to overbought; upside may be limited without consolidation.
Key levels: Pivot 29.697 (near-term support). Resistance R1 30.837 and R2 31.541; current price 30.64 is already close to R1, making risk/reward less attractive for an impatient entry.
Short-term pattern odds (similar candlesticks): suggests slightly negative drift (-1.87% next day, -1.45% next week, -1.6% next month) despite the broader uptrend.

Options Data

Bearish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning (OI): Put/Call OI ratio 1.53 (puts > calls outstanding) = more hedging/caution than outright bullish positioning.
Flow (today’s volume): Put/Call volume ratio 0.33 = call-heavy trading today (tactical bullishness).
Activity: today’s option volume 106 vs 30D average (8.09x) = unusually active session, but open-interest change vs average is not extreme (today vs OI avg 86.21).
Volatility: 30D IV 26.6 vs HV 22.57 (IV premium modest). IV percentile ~43 (mid-range), while IV rank ~9 (low relative to recent range) = options not pricing extreme near-term moves.

Technical Summary

Sell

Buy

Positive Catalysts

and JPMorgan maintaining Overweight with higher PT (2026-01-22).

Neutral/Negative Catalysts

with RSI near overbought; chase-risk is elevated.
remains a negative datapoint even though newer notes are more constructive.

Financial Performance

Latest quarter referenced in news: Q4 2025.
Q4 2025 highlights (from news): GAAP EPS €0.48; total income €5.8B; income growth +7.2% YoY (positive top-line trend).
No additional detailed financial snapshot provided (data feed error), so the assessment is limited to the reported quarter headline figures.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: ratings and price targets have generally moved up since late 2025, highlighted by Deutsche Bank upgrading to Buy (PT to €28 from €25) and JPMorgan raising PT to €28.50 while staying Overweight.
Offsetting views: RBC stays Sector Perform (PT €27) and Jefferies initiated Hold (PT €27), implying less upside conviction at current levels.
Wall St pros: improving earnings/income momentum, cost control commentary, and capital returns (buyback).
Wall St cons: competitive pressure (digital challengers), fewer near-term catalysts per some analysts, and not-unanimous conviction (GS removed from conviction list; one Underperform still in the recent history).

Analyst Rating

Wall Street analysts forecast ING stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ING is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold

Sell

Current: 29.560

Low

Averages

High

Current: 29.560

Low

Averages

High

Deutsche Bank

Hold

Buy

upgrade

AI Analysis

2026-02-02

Reason

Deutsche Bank

Price Target

AI Analysis

2026-02-02

upgrade

Hold

Buy

Reason

Deutsche Bank upgraded ING Groep to Buy from Hold.

Deutsche Bank

Hold -> Buy

upgrade

2026-02-02

Reason

Deutsche Bank

Price Target

2026-02-02

upgrade

Hold -> Buy

Reason

As previously reported, Deutsche Bank upgraded ING Groep to Buy from Hold with a price target of EUR 28, up from EUR 25. The firm, which says it likes European banks with exposure to above average volume growth and fee income exposure, notes that it raised its ING forecasts "meaningfully" following good results that included net interest income and fee beats as well as cost control.

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ING Should I Buy

ING Should I Buy

Should You Buy ING Groep NV (ING) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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