Huntington Bancshares Incorporated (HBAN)
NASDAQ: HBAN · Real-Time Price · USD
16.32
+0.41 (2.58%)
At close: Dec 20, 2024, 4:00 PM
16.34
+0.02 (0.12%)
After-hours: Dec 20, 2024, 6:34 PM EST
Huntington Bancshares Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for HBAN stock have an average target of 17.36, with a low estimate of 15 and a high estimate of 21. The average target predicts an increase of 6.37% from the current stock price of 16.32.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 8 |
| Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Hold | 5 | 5 | 5 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 17 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $20 | Buy | Reiterates | $20 | +22.55% | Dec 12, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $16 → $19 | Hold | Maintains | $16 → $19 | +16.42% | Dec 4, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $19 → $20 | Buy | Initiates | $19 → $20 | +22.55% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $15 → $18 | Sell | Maintains | $15 → $18 | +7.23% | Dec 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $16 → $20 | Strong Buy | Maintains | $16 → $20 | +22.55% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
7.48B
Revenue Next Year
7.89B
from 7.48B
Increased by 5.48%
EPS This Year
1.22
from 1.24
Decreased by -1.76%
EPS Next Year
1.37
from 1.22
Increased by 12.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.8B | 8.4B | 8.9B | ||
| Avg | 7.5B | 7.9B | 8.3B | ||
| Low | 7.1B | 7.4B | 6.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 12.1% | 12.7% | ||
| Avg | - | 5.5% | 4.7% | ||
| Low | - | -1.4% | -22.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.29 | 1.52 | 1.74 | ||
| Avg | 1.22 | 1.37 | 1.55 | ||
| Low | 1.09 | 1.14 | 1.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2% | 25.1% | 27.3% | ||
| Avg | -1.8% | 12.4% | 13.1% | ||
| Low | -12.3% | -6.7% | -14.8% |
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.