Should I Buy SHG? SHG 2026 Analysis

Should You Buy Shinhan Financial Group Co Ltd (SHG) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

59.620

1 Day change

1.21%

52 Week Range

60.740

Analysis Updated At

2026/01/26

Shinhan Financial Group Co Ltd (SHG) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown positive financial growth in its latest quarter, technical indicators suggest the stock is nearing resistance levels, and options data indicates low bullish sentiment. Additionally, there are no significant positive catalysts or recent news to support an immediate buy decision. A hold strategy is recommended until better entry points or stronger signals emerge.

Technical Analysis

The MACD histogram is positive at 0.416 and expanding, indicating bullish momentum. RSI_6 is at 78.355, which is neutral but approaching overbought levels. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near resistance levels (R1: 57.611, R2: 58.888), with the pre-market price at 58.25, suggesting limited upside in the short term.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Options data shows a low put-call ratio, indicating limited bullish sentiment. Implied volatility is low (IV percentile: 2.8), and today's volume is minimal compared to the 30-day average.

Technical Summary

Sell

Buy

Positive Catalysts

The company reported strong financial performance in Q3 2025, with revenue up 0.85% YoY, net income up 7.00% YoY, and EPS up 11.41% YoY. These indicate solid growth trends.

Neutral/Negative Catalysts

No recent news or significant trading trends from hedge funds or insiders. The stock has a 50% chance to decline by -1.88% in the next day, -5.92% in the next week, and -8.6% in the next month based on candlestick pattern analysis. Additionally, no recent congress trading data or influential figure activity has been reported.

Financial Performance

In Q3 2025, Shinhan Financial Group reported revenue of $3.19 billion, up 0.85% YoY. Net income increased to $994.79 million, up 7.00% YoY. EPS rose to 2.05, reflecting an 11.41% YoY increase. These figures indicate steady financial growth.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating or price target data is available for SHG at this time.

Analyst Rating

Wall Street analysts forecast SHG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHG 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