Huntington Bancshares (HBAN) Stock Forecast, Price Target & Predictions


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HBAN Stock Forecast


Huntington Bancshares stock forecast is as follows: an average price target of $16.04 (represents a 11.54% upside from HBAN’s last price of $14.38) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

HBAN Price Target


The average price target for Huntington Bancshares (HBAN) is $16.04 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $11.50. This represents a potential 11.54% upside from HBAN's last price of $14.38.

HBAN Analyst Ratings


Buy

According to 9 Wall Street analysts, Huntington Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for HBAN stock is 1 'Strong Buy' (11.11%), 4 'Buy' (44.44%), 3 'Hold' (33.33%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Huntington Bancshares Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Manan GosaliaMorgan Stanley$18.00$13.7530.91%25.17%
Jul 26, 2024David GeorgeRobert W. Baird$15.00$15.06-0.40%4.31%
Jul 22, 2024Kevin HealArgus Research$16.00$15.016.60%11.27%
Jul 22, 2024Jon ArfstromRBC Capital$17.00$14.8614.44%18.22%
Jul 22, 2024Manan GosaliaMorgan Stanley$16.00$14.808.07%11.27%
Jul 22, 2024Peter WinterD.A. Davidson$17.50$15.0116.59%21.70%
Jul 22, 2024Terry McEvoyStephens$16.00$15.016.60%11.27%
Jun 14, 2024Scott SiefersPiper Sandler$11.50$12.34-6.81%-20.03%
Jun 10, 2024Scott SiefersPiper Sandler$13.50$12.775.72%-6.12%
Apr 08, 2024Ken UsdinJefferies$16.00$13.6017.65%11.27%
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The latest Huntington Bancshares stock forecast, released on Aug 05, 2024 by Manan Gosalia from Morgan Stanley, set a price target of $18.00, which represents a 30.91% increase from the stock price at the time of the forecast ($13.75), and a 25.17% increase from HBAN last price ($14.38).

Huntington Bancshares Price Target by Period


1M3M12M
# Anlaysts-712
Avg Price Target-$16.50$15.54
Last Closing Price$14.38$14.38$14.38
Upside/Downside-100.00%14.74%8.07%

In the current month, the average price target of Huntington Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Huntington Bancshares's last price of $14.38. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024Piper SandlerUnderweightUnderweightHold
Jul 22, 2024UBSMarket PerformMarket PerformHold
Jul 22, 2024Morgan StanleyOverweightOverweightHold
Jul 22, 2024StephensEqual-WeightEqual-WeightHold
Jul 22, 2024Piper SandlerUnderweightUnderweightHold
Jul 22, 2024RBC CapitalOutperformOutperformHold
Jun 14, 2024Piper SandlerNeutralUnderweightDowngrade
Jun 13, 2024UBSMarket PerformMarket PerformHold
Jun 13, 2024StephensUnderperformUnderperformHold
Jun 13, 2024UBSBuyBuyHold
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Huntington Bancshares's last stock rating was published by Piper Sandler on Sep 03, 2024. The company gave HBAN a "Underweight" rating, the same as its previous rate.

Huntington Bancshares Financial Forecast


Huntington Bancshares Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$1.88B$1.84B$1.92B$1.96B$1.90B-$1.65B$1.65B$1.70B$1.28B$1.37B$1.23B$1.25B$1.18B$1.15B$1.15B$1.17B
Avg Forecast$3.98B$3.86B$3.75B$3.64B$2.01B$1.97B$1.93B$1.87B$1.90B$1.86B$1.81B$1.74B$1.76B$1.82B$1.84B$1.90B$1.95B$1.84B$1.71B$1.63B$1.69B$1.70B$1.28B$1.22B$1.25B$1.23B$1.14B$1.15B$1.16B$1.17B
High Forecast$4.01B$3.90B$3.78B$3.67B$2.03B$1.99B$1.95B$1.89B$1.91B$1.89B$1.83B$1.76B$1.84B$1.84B$1.85B$1.92B$1.97B$1.86B$1.71B$1.66B$1.73B$1.74B$1.31B$1.24B$1.28B$1.25B$1.17B$1.17B$1.19B$1.20B
Low Forecast$3.91B$3.80B$3.69B$3.58B$1.98B$1.94B$1.90B$1.84B$1.87B$1.85B$1.78B$1.72B$1.73B$1.79B$1.81B$1.87B$1.92B$1.81B$1.71B$1.61B$1.67B$1.68B$1.27B$1.20B$1.23B$1.21B$1.13B$1.14B$1.15B$1.16B
# Analysts1075585448115101155954486554474435
Surprise %-------------1.03%1.00%1.01%1.01%1.03%-1.01%0.97%1.00%1.00%1.12%0.99%1.02%1.03%1.00%0.99%1.00%

Huntington Bancshares's average Quarter revenue forecast for Dec 23 based on 11 analysts is $1.76B, with a low forecast of $1.73B, and a high forecast of $1.84B. HBAN's average Quarter revenue forecast represents a -6.16% decrease compared to the company's last Quarter revenue of $1.88B (Sep 23).

Huntington Bancshares EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1075585448115101155954486554474435
EBITDA-------------$701.00M$714.00M$1.39B$1.31B$1.07B-$726.00M$631.00M$537.00M$299.00M$602.00M$537.00M$513.00M$350.00M$362.00M$681.00M$796.00M
Avg Forecast$1.37B$1.33B$1.29B$1.25B$691.19M$677.73M$664.67M$644.45M$652.22M$640.98M$622.01M$907.74M$605.88M$626.29M$632.05M$825.22M$669.91M$775.29M$586.57M$750.20M$749.31M$704.81M$270.97M$378.40M$574.03M$471.96M$437.50M$594.11M$746.90M$771.88M
High Forecast$1.38B$1.34B$1.30B$1.26B$697.57M$683.98M$670.80M$650.39M$658.24M$651.27M$627.75M$1.09B$633.58M$632.07M$637.88M$990.26M$676.09M$930.35M$586.57M$900.24M$899.17M$845.77M$325.16M$454.08M$688.84M$566.35M$525.00M$712.93M$896.28M$926.25M
Low Forecast$1.35B$1.31B$1.27B$1.23B$680.37M$667.12M$654.26M$634.36M$642.01M$637.56M$612.27M$726.19M$595.49M$616.49M$622.16M$660.18M$659.42M$620.24M$586.57M$600.16M$599.45M$563.85M$216.78M$302.72M$459.23M$377.57M$350.00M$475.28M$597.52M$617.50M
Surprise %-------------1.12%1.13%1.68%1.96%1.38%-0.97%0.84%0.76%1.10%1.59%0.94%1.09%0.80%0.61%0.91%1.03%

11 analysts predict HBAN's average Quarter EBITDA for Dec 23 to be $605.88M, with a high of $633.58M and a low of $595.49M. This is -13.57% lower than Huntington Bancshares's previous annual EBITDA (Sep 23) of $701.00M.

Huntington Bancshares Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1075585448115101155954486554474435
Net Income-------------$547.00M$559.00M$602.00M$645.00M$594.00M-$460.00M$402.00M$377.00M$-15.00M$532.00M$316.00M$303.00M$150.00M$48.00M$317.00M$372.00M
Avg Forecast$545.48M$536.19M$523.36M$514.52M$541.52M$514.80M$495.20M$459.81M$463.83M$449.07M$414.47M$575.15M$184.02M$470.24M$496.55M$522.87M$595.17M$544.29M$499.48M$475.33M$476.19M$494.81M$-13.59M$334.40M$337.79M$278.76M$187.50M$78.78M$347.68M$360.73M
High Forecast$552.02M$542.62M$529.64M$520.69M$548.03M$520.97M$501.14M$465.32M$469.39M$479.02M$419.44M$690.18M$205.25M$475.89M$502.50M$627.44M$602.31M$653.15M$499.48M$570.40M$571.42M$593.77M$-10.88M$401.28M$405.35M$334.51M$225.00M$94.53M$417.21M$432.87M
Low Forecast$534.37M$525.28M$512.70M$504.05M$530.50M$504.31M$485.12M$450.45M$454.40M$434.11M$406.04M$460.12M$162.79M$460.68M$486.45M$418.29M$583.05M$435.44M$499.48M$380.27M$380.95M$395.85M$-16.31M$267.52M$270.23M$223.01M$150.00M$63.02M$278.14M$288.58M
Surprise %-------------1.16%1.13%1.15%1.08%1.09%-0.97%0.84%0.76%1.10%1.59%0.94%1.09%0.80%0.61%0.91%1.03%

Huntington Bancshares's average Quarter net income forecast for Dec 23 is $184.02M, with a range of $162.79M to $205.25M. HBAN's average Quarter net income forecast represents a -66.36% decrease compared to the company's last Quarter net income of $547.00M (Sep 23).

Huntington Bancshares SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1075585448115101155954486554474435
SG&A-------------$676.00M$668.00M$694.00M$666.00M$653.00M-$619.00M$503.00M$685.00M$615.00M$490.00M$448.00M$468.00M$432.00M$413.00M$445.00M$424.00M
Avg Forecast$1.51B$1.47B$1.43B$1.38B$764.30M$749.41M$734.97M$712.61M$721.20M$708.78M$687.79M$773.96M$669.96M$692.53M$698.90M$703.60M$740.76M$988.97M$648.60M$639.63M$597.31M$899.06M$557.34M$308.00M$478.90M$430.56M$540.00M$677.81M$488.06M$411.15M
High Forecast$1.53B$1.48B$1.44B$1.40B$771.35M$756.32M$741.75M$719.18M$727.86M$720.15M$694.14M$928.75M$700.59M$698.92M$705.35M$844.32M$747.60M$1.19B$648.60M$767.56M$716.77M$1.08B$668.81M$369.60M$574.68M$516.67M$648.00M$813.37M$585.68M$493.38M
Low Forecast$1.49B$1.44B$1.40B$1.36B$752.33M$737.68M$723.46M$701.45M$709.91M$704.99M$677.03M$619.17M$658.48M$681.69M$687.96M$562.88M$729.16M$791.17M$648.60M$511.71M$477.85M$719.25M$445.88M$246.40M$383.12M$344.45M$432.00M$542.24M$390.45M$328.92M
Surprise %-------------0.98%0.96%0.99%0.90%0.66%-0.97%0.84%0.76%1.10%1.59%0.94%1.09%0.80%0.61%0.91%1.03%

Huntington Bancshares's average Quarter SG&A projection for Dec 23 is $669.96M, based on 11 Wall Street analysts, with a range of $658.48M to $700.59M. The forecast indicates a -0.89% fall compared to HBAN last annual SG&A of $676.00M (Sep 23).

Huntington Bancshares EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1075585448115101155954486554474435
EPS-------------$0.35$0.36$0.42$0.43$0.39-$0.30$0.28$0.23$-0.01$0.47$0.28$0.27$0.13$0.03$0.29$0.34
Avg Forecast$0.37$0.36$0.35$0.35$0.37$0.35$0.34$0.31$0.31$0.30$0.28$0.24$0.12$0.32$0.34$0.37$0.40$0.38$0.34$0.29$0.30$0.31$0.27$0.32$0.29$0.25$0.04$0.17$0.31$0.33
High Forecast$0.37$0.37$0.36$0.35$0.37$0.35$0.34$0.32$0.32$0.32$0.28$0.24$0.14$0.32$0.34$0.37$0.41$0.39$0.34$0.30$0.31$0.32$0.28$0.33$0.30$0.26$0.04$0.17$0.32$0.34
Low Forecast$0.36$0.36$0.35$0.34$0.36$0.34$0.33$0.31$0.31$0.29$0.28$0.24$0.11$0.31$0.33$0.36$0.40$0.37$0.34$0.28$0.29$0.30$0.27$0.31$0.29$0.25$0.04$0.17$0.30$0.33
Surprise %-------------1.10%1.07%1.14%1.07%1.02%-1.04%0.94%0.74%-0.04%1.49%0.96%1.08%3.32%0.18%0.94%1.02%

According to 11 Wall Street analysts, Huntington Bancshares's projected average Quarter EPS for Dec 23 is $0.12, with a low estimate of $0.11 and a high estimate of $0.14. This represents a -64.34% decrease compared to HBAN previous annual EPS of $0.35 (Sep 23).

Huntington Bancshares Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PACWPacWest Bancorp$7.54$34.50357.56%Hold
TFCTruist Financial$41.84$54.0729.23%Buy
CMAComerica$57.49$73.4227.71%Buy
ZIONZions Bancorporation, National Association$46.49$58.0024.76%Hold
USBU.S. Bancorp$44.62$54.9823.22%Buy
KEYKeyCorp$16.09$19.6322.00%Buy
CFGCitizens Financial Group$40.09$48.3320.55%Buy
FHNFirst Horizon$15.81$18.6117.71%Buy
HBANHuntington Bancshares$14.38$16.0411.54%Buy
RFRegions Financial$21.97$24.1910.10%Buy
MTBM&T Bank$168.88$184.699.36%Buy
PNCPNC Financial Services Group$177.24$188.636.43%Buy
WALWestern Alliance Ban$81.91$86.755.91%Buy
FITBFifth Third Bancorp$42.07$38.67-8.08%Buy

HBAN Forecast FAQ


Yes, according to 9 Wall Street analysts, Huntington Bancshares (HBAN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 4 'Buy' recommendations, accounting for 55.56% of HBAN's total ratings.

Huntington Bancshares (HBAN) average price target is $16.04 with a range of $11.5 to $18, implying a 11.54% from its last price of $14.38. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for HBAN stock, the company can go up by 11.54% (from the last price of $14.38 to the average price target of $16.04), up by 25.17% based on the highest stock price target, and down by -20.03% based on the lowest stock price target.

HBAN's average twelve months analyst stock price target of $16.04 does not support the claim that Huntington Bancshares can reach $20 in the near future.

Huntington Bancshares's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.79B (high $7.86B, low $7.66B), average EBITDA is $2.68B (high $2.7B, low $2.64B), average net income is $2.01B (high $2.04B, low $1.97B), average SG&A $2.96B (high $2.99B, low $2.91B), and average EPS is $1.36 (high $1.38, low $1.34). HBAN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.22B (high $15.36B, low $14.98B), average EBITDA is $5.24B (high $5.28B, low $5.15B), average net income is $2.12B (high $2.14B, low $2.08B), average SG&A $5.79B (high $5.84B, low $5.7B), and average EPS is $1.44 (high $1.45, low $1.41).

Based on Huntington Bancshares's last annual report (Dec 2023), the company's revenue was $8.92B, beating the average analysts forecast of $7.32B by 21.77%. Apple's EBITDA was $2.36B, missing the average prediction of $2.69B by -12.10%. The company's net income was $1.95B, beating the average estimation of $1.67B by 16.57%. Apple's SG&A was $115M, missing the average forecast of $2.76B by -95.84%. Lastly, the company's EPS was $0.0013, missing the average prediction of $1.15 by -99.89%. In terms of the last quarterly report (Sep 2023), Huntington Bancshares's revenue was $1.88B, beating the average analysts' forecast of $1.82B by 3.09%. The company's EBITDA was $701M, beating the average prediction of $626.29M by 11.93%. Huntington Bancshares's net income was $547M, beating the average estimation of $470.24M by 16.32%. The company's SG&A was $676M, missing the average forecast of $692.53M by -2.39%. Lastly, the company's EPS was $0.35, beating the average prediction of $0.319 by 9.73%