Coverage summary
Aardvark Labs Capital Research has covered HSBC Holdings plc (HSBC) since October 29, 2025. The company is in the Financial Services sector. This page lists 5 reports: 5 earnings recaps.
The latest is the Q3 2026 Earnings Recap, published October 31, 2026. That report moved the rating from Hold to Outperform. The rating has changed twice since coverage began.
Translations: 4 in Chinese.
The Excel model for HSBC holds 14 quarters and 3 fiscal years of history and 10 quarters and 5 fiscal years of projections. It was last updated September 27, 2026.
Rating history
All HSBC reports
Recap: Q3 2026
The De-Rating Clause Fires: HSBC Upgraded to Outperform as a 2% Revenue Miss Takes the Stock to 1.8x Tangible Book
Recap: Q2 2026
Two of Three Upgrade Criteria Met, and We Are Not Upgrading: HSBC Stays at Hold
Recap: Q1 2026
Record Returns, Two Unforecast Credit Items, and No Buyback: Initiating HSBC at Hold
Recap: Q4 2025
The Guidance Raise Landed and the Re-Rate Landed With It: Downgrading HSBC to Hold at 1.95x Tangible Book
Recap: Q3 2025
Two Upgrades Under a $1.4bn Legal Charge: Initiating HSBC at Outperform