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The current price of ING is $25.48, it has increased 0.23% in the last trading day.
ING Groep NV belongs to Banking industry and the sector is Financials
ING Groep NV's current market cap is $75.0B
According to wall street analysts, 22 analysts have made analyst ratings for ING Groep NV, including 5 strong buy, 12 buy, 9 hold, 0 sell, and 5 strong sell
Looks like someone's finally paying attention. ING is rallying primarily due to its hefty €2.0 billion share buyback program, which has pushed the stock to a 12-month high after four straight days of gains.
Here’s the alpha on what’s driving the price action for ING Groep NV:
Key Catalyst: Share Buyback Program ING is actively executing a €2.0 billion share buyback program that was initially announced on May 2, 2025. Recent reports from the last 48 hours confirmed the company repurchased 5,304,138 shares as part of this initiative. Share buybacks reduce the number of outstanding shares, which can increase earnings per share (EPS) and signal management's confidence in the company's valuation, often leading to a positive price reaction from the market.
Market Performance & Analyst View The market has responded strongly to this news. The stock recently surged 6.85% over four consecutive sessions, hitting a new 12-month peak. This bullish momentum is supported by analyst sentiment. Based on 22 analysts, the consensus rating for ING is a "BUY," with 17 recommending to either buy or strong buy the stock. The mean analyst price target is €26.22, suggesting some potential upside from its current price of €25.34.
Technical & Social Picture Currently, specific technical indicators like RSI, MACD, and moving averages are unavailable, preventing a deep dive into the short-term chart dynamics. Social sentiment and insider transaction data are also not available at this time, so the move appears to be driven purely by this fundamental corporate action.
Seeing a stock pump on actual corporate action instead of a meme is refreshing, isn't it? Keep an eye on fundamental catalysts like this instead of just chasing green candles, bro.