Itaú Unibanco Holding S.A. (ITUB)
NYSE: ITUB · IEX Real-Time Price · USD
5.79
+0.06 (1.11%)
At close: Jul 2, 2024, 4:00 PM
5.78
-0.01 (-0.17%)
After-hours: Jul 2, 2024, 7:33 PM EDT

Itaú Unibanco Holding Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for ITUB stock have an average target of 7.05, with a low estimate of 6.10 and a high estimate of 8.00. The average target predicts an increase of 21.76% from the current stock price of 5.79.

Analyst Consensus: Buy
Target Low Average Median High
Price $6.10 $7.05 $8.00 $8.00
Change +5.35% +21.76% +38.17% +38.17%
* Price targets were last updated on Jan 16, 2024.

Analyst Ratings

The average analyst rating for ITUB stock from 2 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 '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222221
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 333332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Strong Buy
Upgrades
$6.6$8
Strong Buy Upgrades $6.6$8 +38.17% Jan 16, 2024
Jefferies
Jefferies
Hold
Initiates
$6.1
Hold Initiates $6.1 +5.35% Oct 16, 2023
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$6.2$7.2
Strong Buy Maintains $6.2$7.2 +24.35% Jun 22, 2023
Barclays
Barclays
Buy
Upgrades
$5.5$7
Buy Upgrades $5.5$7 +20.90% Nov 15, 2022
Barclays
Barclays
Hold
Maintains
$5$5.5
Hold Maintains $5$5.5 -5.01% Nov 8, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
172.74B
from 124.53B
Increased by 38.71%
Revenue Next Year
182.01B
from 172.74B
Increased by 5.37%
EPS This Year
4.25
from 3.36
Increased by 26.45%
EPS Next Year
4.68
from 4.25
Increased by 10.23%
Year 20192020202120222023202420252026
Revenue
98.51B74.22B112.00B114.54B124.53B172.74B182.01B192.71B
Revenue Growth
4.78%-24.66%50.90%2.27%8.72%38.71%5.37%5.88%
EPS
2.771.932.722.963.364.254.685.06
EPS Growth
8.63%-30.32%40.93%8.82%13.51%26.45%10.23%8.01%
Forward PE
-----1.361.241.14
No. Analysts -----11108
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 183.2B 188.6B 201.4B
Avg 172.7B 182.0B 192.7B
Low 162.3B 171.2B 178.3B

Revenue Growth

Revenue Growth 202420252026
High
47.1%
9.2%
10.6%
Avg
38.7%
5.4%
5.9%
Low
30.3%
-0.9%
-2.0%

EPS Forecast

EPS 202420252026
High 4.39 5.27 5.88
Avg 4.25 4.68 5.06
Low 3.95 4.17 4.46

EPS Growth

EPS Growth 202420252026
High
30.6%
24.1%
25.6%
Avg
26.5%
10.2%
8.0%
Low
17.5%
-2.0%
-4.7%
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.