Huntington Bancshares Incorporated (HBAN)
NASDAQ: HBAN · IEX Real-Time Price · USD
13.21
+0.05 (0.38%)
At close: Jul 2, 2024, 4:00 PM
13.22
+0.01 (0.08%)
After-hours: Jul 2, 2024, 7:15 PM EDT
Huntington Bancshares Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for HBAN stock have an average target of 14.84, with a low estimate of 11.5 and a high estimate of 16.5. The average target predicts an increase of 12.34% from the current stock price of 13.21.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HBAN stock from 17 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 5 | 7 | 7 | 7 |
| Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Hold | 9 | 7 | 7 | 6 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $17 → $17 | Buy | Maintains | $17 → $17 | +24.91% | Jun 27, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $17 → $15 | Buy | Maintains | $17 → $15 | +13.55% | Jun 25, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $18 → $17 | Buy | Maintains | $18 → $17 | +28.69% | Jun 14, 2024 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $14 → $12 | Hold → Sell | Downgrades | $14 → $12 | -12.94% | Jun 14, 2024 |
| UBS | UBS | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +13.55% | Jun 13, 2024 |
Financial Forecast
Revenue This Year
7.55B
from 6.96B
Increased by 8.51%
Revenue Next Year
8.08B
from 7.55B
Increased by 7.06%
EPS This Year
1.23
from 1.24
Decreased by -1.06%
EPS Next Year
1.46
from 1.23
Increased by 18.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9B | 8.7B | 9.2B |
| Avg | 7.6B | 8.1B | 8.5B |
| Low | 7.1B | 7.5B | 7.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.1% | 15.2% | 13.4% |
| Avg | 8.5% | 7.1% | 4.5% |
| Low | 1.7% | -1.0% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.37 | 1.73 | 1.89 |
| Avg | 1.23 | 1.46 | 1.61 |
| Low | 1.09 | 1.25 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1% | 41.2% | 29.6% |
| Avg | -1.1% | 18.8% | 10.8% |
| Low | -12.3% | 2.2% | -5.9% |
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.