Itaú Unibanco Holding S.A. (ITUB)
NYSE: ITUB · IEX Real-Time Price · USD
6.29
+0.19 (3.03%)
Apr 23, 2024, 3:26 PM EDT - Market open
Itaú Unibanco Holding Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ITUB stock have an average target of 7.10, with a low estimate of 6.10 and a high estimate of 8.00. The average target predicts an increase of 12.97% from the current stock price of 6.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 16, 2024.
Analyst Ratings
The average analyst rating for ITUB stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $6.6 → $8 | Hold → Strong Buy | Upgrades | $6.6 → $8 | +27.29% | Jan 16, 2024 |
| Jefferies | Jefferies | Hold Initiates $6.1 | Hold | Initiates | $6.1 | -2.94% | Oct 16, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $6.2 → $7.2 | Strong Buy | Maintains | $6.2 → $7.2 | +14.56% | Jun 22, 2023 |
| Barclays | Barclays | Hold → Buy Upgrades $5.5 → $7 | Hold → Buy | Upgrades | $5.5 → $7 | +11.38% | Nov 15, 2022 |
| Barclays | Barclays | Hold Maintains $5 → $5.5 | Hold | Maintains | $5 → $5.5 | -12.49% | Nov 8, 2022 |
Financial Forecast
Revenue This Year
158.82B
from 115.57B
Increased by 37.43%
Revenue Next Year
170.51B
from 158.82B
Increased by 7.36%
EPS This Year
3.69
from 3.01
Increased by 22.61%
EPS Next Year
4.21
from 3.69
Increased by 14.18%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 165.0B | 183.2B | 185.7B | 199.2B |
| Avg | 158.8B | 170.5B | 179.8B | 191.9B |
| Low | 144.0B | 153.1B | 163.1B | 177.4B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 42.8% | 15.3% | 8.9% | 10.8% |
| Avg | 37.4% | 7.4% | 5.5% | 6.7% |
| Low | 24.6% | -3.6% | -4.4% | -1.4% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 3.86 | 4.40 | 4.88 | 5.31 |
| Avg | 3.69 | 4.21 | 4.55 | 4.89 |
| Low | 3.15 | 3.80 | 4.17 | 4.46 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 28.4% | 19.2% | 15.9% | 16.9% |
| Avg | 22.6% | 14.2% | 7.9% | 7.6% |
| Low | 4.5% | 3.0% | -1.2% | -1.8% |
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.