SBI Shares Soar 7% After Strong Q3 Results, Brokerages Raise Target Price

• SBI shares jumped 7.6% to Rs 1148 on BSE after robust December 2025 quarter results.
• Standalone net profit surged 24.48% year-on-year to Rs 21028.15 crore; NII grew 9% to Rs 45190 crore.
• 42 out of 49 analysts tracking SBI stock recommend a 'Buy' rating, with at least 5 raising target prices.
• Asset quality improved significantly: Gross NPA fell to 1.57% and Net NPA to 0.39%.
• Brokerages like CLSA, CITI, Nuvama, and Bernstein highlight strong loan growth, stable margins, and improved asset quality.