Itaú Unibanco Holding S.A. (ITUB)
NYSE: ITUB · IEX Real-Time Price · USD
5.99
-0.08 (-1.32%)
At close: May 31, 2024, 4:00 PM
6.03
+0.04 (0.67%)
After-hours: May 31, 2024, 7:43 PM EDT
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 18.53% from the current stock price of 5.99.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 0 | 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 | +33.56% | Jan 16, 2024 |
| Jefferies | Jefferies | Hold Initiates $6.1 | Hold | Initiates | $6.1 | +1.84% | Oct 16, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $6.2 → $7.2 | Strong Buy | Maintains | $6.2 → $7.2 | +20.20% | Jun 22, 2023 |
| Barclays | Barclays | Hold → Buy Upgrades $5.5 → $7 | Hold → Buy | Upgrades | $5.5 → $7 | +16.86% | Nov 15, 2022 |
| Barclays | Barclays | Hold Maintains $5 → $5.5 | Hold | Maintains | $5 → $5.5 | -8.18% | Nov 8, 2022 |
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
4.24
from 3.36
Increased by 26.22%
EPS Next Year
4.57
from 4.24
Increased by 7.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 47.1% | 9.2% | 10.6% |
| Avg | 38.7% | 5.4% | 5.9% |
| Low | 30.3% | -0.9% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.39 | 4.82 | 5.26 |
| Avg | 4.24 | 4.57 | 4.88 |
| Low | 3.95 | 4.17 | 4.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.6% | 13.6% | 15.1% |
| Avg | 26.2% | 7.8% | 6.8% |
| Low | 17.5% | -1.8% | -2.3% |
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.