Huntington Bancshares Incorporated (HBAN)
NASDAQ: HBAN · IEX Real-Time Price · USD
13.94
+0.15 (1.09%)
At close: Mar 28, 2024, 4:00 PM
13.95
+0.01 (0.07%)
After-hours: Mar 28, 2024, 7:51 PM EDT

Huntington Bancshares Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for HBAN stock have an average target of 14.17, with a low estimate of 12 and a high estimate of 16. The average target predicts an increase of 1.65% from the current stock price of 13.94.

Analyst Consensus: Buy
Target Low Average Median High
Price $12 $14.17 $15 $16
Change -13.92% +1.65% +7.60% +14.78%

Analyst Ratings

The average analyst rating for HBAN stock from 16 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333355
Buy 333444
Hold 888977
Sell 111000
Strong Sell 000000
Total 151515161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$15$16
Buy Maintains $15$16 +14.78% Mar 28, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$13$14
Hold Maintains $13$14 +0.43% Mar 8, 2024
DA Davidson
DA Davidson
Strong Buy
Upgrades
$14$16
Strong Buy Upgrades $14$16 +11.19% Feb 27, 2024
UBS
UBS
Strong Buy
Upgrades
$14$15
Strong Buy Upgrades $14$15 +7.60% Feb 14, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$13$16
Buy Maintains $13$16 +14.78% Feb 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.54B
from 6.96B
Increased by 8.36%
Revenue Next Year
8.00B
from 7.54B
Increased by 6.06%
EPS This Year
1.25
from 1.24
Increased by 0.72%
EPS Next Year
1.42
from 1.25
Increased by 13.66%
Year 20192020202120222023202420252026
Revenue
4.38B3.77B5.97B6.97B6.96B7.54B8.00B8.40B
Revenue Growth
2.46%-14.00%58.38%16.74%-0.10%8.36%6.06%5.03%
EPS
1.270.690.901.451.241.251.421.65
EPS Growth
5.83%-45.67%30.43%61.11%-14.48%0.72%13.66%16.40%
No. Analysts -----23227
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 7.9B 8.4B 9.0B
Avg 7.5B 8.0B 8.4B
Low 7.1B 7.5B 7.9B

Revenue Growth

Revenue Growth 202420252026
High
13.1%
11.2%
12.0%
Avg
8.4%
6.1%
5.0%
Low
2.1%
-0.2%
-1.7%

EPS Forecast

EPS 202420252026
High 1.46 1.58 1.84
Avg 1.25 1.42 1.65
Low 1.08 1.23 1.50

EPS Growth

EPS Growth 202420252026
High
17.7%
26.1%
29.4%
Avg
0.7%
13.7%
16.4%
Low
-13.1%
-1.1%
5.6%
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.