Huntington Bancshares Incorporated (HBAN)
NASDAQ: HBAN · Real-Time Price · USD
14.56
+0.19 (1.32%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Huntington Bancshares Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for HBAN stock have an average target of 15.59, with a low estimate of 13.5 and a high estimate of 18. The average target predicts an increase of 7.07% from the current stock price of 14.56.
Analyst Consensus: Buy
* Price targets were last updated on Aug 5, 2024.
Analyst Ratings
The average analyst rating for HBAN stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 8 | 8 | 8 |
| Buy | 4 | 5 | 5 | 4 | 4 | 4 |
| Hold | 6 | 5 | 4 | 5 | 5 | 5 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +23.63% | Aug 5, 2024 |
| Baird | Baird | Buy → Hold Downgrades $15 | Buy → Hold | Downgrades | $15 | +3.02% | Jul 26, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +9.89% | Jul 22, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +23.63% | Jul 22, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $15 → $17 | Strong Buy | Maintains | $15 → $17 | +16.76% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
7.48B
Revenue Next Year
7.96B
from 7.48B
Increased by 6.43%
EPS This Year
1.20
from 1.24
Decreased by -3.26%
EPS Next Year
1.40
from 1.20
Increased by 16.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.8B | 8.4B | 8.9B |
| Avg | 7.5B | 8.0B | 8.4B |
| Low | 7.1B | 7.5B | 7.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.9% | 11.5% |
| Avg | - | 6.4% | 5.2% |
| Low | - | 0.4% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.28 | 1.52 | 1.73 |
| Avg | 1.20 | 1.40 | 1.57 |
| Low | 1.12 | 1.27 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.3% | 26.9% | 23.8% |
| Avg | -3.3% | 16.6% | 12.1% |
| Low | -9.9% | 6.2% | -1.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.