Itaú Unibanco Holding S.A. (ITUB)
NYSE: ITUB · Real-Time Price · USD
5.85
-0.01 (-0.17%)
Nov 22, 2024, 4:00 PM EST - Market closed

Itaú Unibanco Holding Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for ITUB stock have an average target of 7.50, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts an increase of 28.21% from the current stock price of 5.85.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $7.50 $8.00 $8.00
Change +19.66% +28.21% +36.75% +36.75%

Analyst Ratings

The average analyst rating for ITUB stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222221
Buy 000001
Hold 111110
Sell 000000
Strong Sell 000000
Total 333332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$8$7
Buy Maintains $8$7 +19.66% Nov 7, 2024
B of A Securities
B of A Securities
Strong Buy
Upgrades
$6.6$8
Strong Buy Upgrades $6.6$8 +36.75% Jan 16, 2024
Jefferies
Jefferies
Hold
Initiates
$6.1
Hold Initiates $6.1 +4.27% Oct 16, 2023
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$6.2$7.2
Strong Buy Maintains $6.2$7.2 +23.08% Jun 22, 2023
Barclays
Barclays
Buy
Upgrades
$5.5$7
Buy Upgrades $5.5$7 +19.66% Nov 15, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
173.47B
Revenue Next Year
185.10B
from 173.47B
Increased by 6.71%
EPS This Year
4.30
from 3.36
Increased by 28.22%
EPS Next Year
4.76
from 4.30
Increased by 10.73%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----173.47B185.10B196.90B
Revenue Growth
4.78%-24.66%50.90%2.27%8.72%-6.71%6.37%
EPS
2.771.932.722.963.364.304.765.20
EPS Growth
8.73%-30.42%41.19%8.84%13.26%28.22%10.73%9.18%
Forward PE
-----7.897.126.52
No. Analysts -----131210
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 183.2B 193.5B 205.8B
Avg 173.5B 185.1B 196.9B
Low 163.1B 173.0B 181.9B

Revenue Growth

Revenue Growth 202420252026
High -
11.6%
11.2%
Avg -
6.7%
6.4%
Low -
-0.3%
-1.7%

EPS Forecast

EPS 202420252026
High 4.55 5.27 5.88
Avg 4.30 4.76 5.20
Low 3.99 4.31 4.66

EPS Growth

EPS Growth 202420252026
High
35.5%
22.5%
23.4%
Avg
28.2%
10.7%
9.2%
Low
18.9%
0.3%
-2.2%
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.