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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 $16.56 (represents a 1.47% upside from HBAN’s last price of $16.32) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

HBAN Price Target

The average price target for Huntington Bancshares (HBAN) is $16.56 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $15.00. This represents a potential 1.47% upside from HBAN's last price of $16.32.

HBAN Analyst Ratings

Buy

According to 12 Wall Street analysts, Huntington Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for HBAN stock is 1 'Strong Buy' (8.33%), 6 'Buy' (50.00%), 4 'Hold' (33.33%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

Huntington Bancshares Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Keith HorowitzCitigroup$18.00$15.3617.19%10.29%
Oct 18, 2024Scott SiefersPiper Sandler$15.00$15.43-2.79%-8.09%
Aug 05, 2024Manan GosaliaMorgan Stanley$18.00$13.7530.91%10.29%
Jul 26, 2024David GeorgeRobert W. Baird$15.00$15.06-0.40%-8.09%
Jul 22, 2024Kevin HealArgus Research$16.00$15.016.60%-1.96%
Jul 22, 2024Jon ArfstromRBC Capital$17.00$14.8614.44%4.17%
Jul 22, 2024Manan GosaliaMorgan Stanley$16.00$14.808.07%-1.96%
Jul 22, 2024Peter WinterD.A. Davidson$17.50$15.0116.59%7.23%
Jul 22, 2024Terry McEvoyStephens$16.00$15.016.60%-1.96%
Jun 14, 2024Scott SiefersPiper Sandler$11.50$12.34-6.81%-29.53%
Jun 10, 2024Scott SiefersPiper Sandler$13.50$12.775.72%-17.28%
Apr 08, 2024Ken UsdinJefferies$16.00$13.6017.65%-1.96%
Apr 01, 2024Terry McEvoyStephens$15.00$13.957.53%-8.09%
Feb 14, 2024Erika NaharianUBS$15.00$12.7217.92%-8.09%
Dec 21, 2022D.A. Davidson$15.00$14.007.14%-8.09%
Dec 13, 2022J.P. Morgan$14.50$14.54-0.31%-11.15%
Dec 05, 2022Morgan Stanley$19.00$15.4622.90%16.42%
Apr 22, 2022Raymond James$18.00$14.1027.66%10.29%
Jan 21, 2022Jon ArfstromRBC Capital$19.00$15.0326.41%16.42%
Jan 03, 2022Jason GoldbergBarclays$17.00$15.648.70%4.17%
Nov 09, 2021Terry McEvoyStephens$17.50$15.5512.54%7.23%
Aug 18, 2021Ryan NashGoldman Sachs$18.00$14.2726.14%10.29%
Jul 06, 2021David KonradKBW$15.00$13.5610.62%-8.09%

The latest Huntington Bancshares stock forecast, released on Oct 21, 2024 by Keith Horowitz from Citigroup, set a price target of $18.00, which represents a 17.19% increase from the stock price at the time of the forecast ($15.36), and a 10.29% increase from HBAN last price ($16.32).

Huntington Bancshares Price Target by Period

1M3M12M
# Anlaysts-214
Avg Price Target-$16.50$15.68
Last Closing Price$16.32$16.32$16.32
Upside/Downside-100.00%1.10%-3.92%

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 $16.32. 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
Oct 21, 2024RBC CapitalBuyBuyHold
Oct 21, 2024CitigroupBuyBuyHold
Oct 18, 2024Sandler O'NeillBuyBuyHold
Oct 18, 2024Piper SandlerUnderweightUnderweightHold
Oct 18, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 02, 2024Piper SandlerUnderperformUnderperformHold
Oct 02, 2024RBC CapitalMarket PerformMarket PerformHold
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
Jun 10, 2024RBC CapitalOutperformOutperformHold
Jun 10, 2024StephensEqual-WeightEqual-WeightHold
Jun 10, 2024Piper SandlerNeutralNeutralHold
May 28, 2024StephensMarket PerformMarket PerformHold
Apr 09, 2024RBC CapitalOutperformOutperformHold
Apr 08, 2024Bank of America SecuritiesBuyUpgrade
Apr 08, 2024JefferiesBuyUpgrade
Apr 04, 2024UBSBuyBuyHold
Dec 18, 2023RBC CapitalOutperformOutperformHold
Jul 24, 2023RBC CapitalOutperformOutperformHold
Jul 06, 2023Raymond JamesStrong BuyStrong BuyHold
Apr 06, 2023Keefe, Bruyette & WoodsMarket PerformUpgrade
Dec 05, 2022Morgan StanleyOverweightEqual-WeightInitialise
Dec 05, 2022Morgan StanleyOverweightUpgrade
Apr 25, 2022StephensOverweightUpgrade

Huntington Bancshares's last stock rating was published by RBC Capital on Oct 21, 2024. The company gave HBAN a "Buy" 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$1.88B$1.84B$1.92B$1.96B$1.90B$1.75B$1.65B$1.65B$1.70B$1.28B$1.37B$1.23B$1.25B$1.18B$1.15B$1.15B$1.17B
Avg Forecast$2.11B$1.97B$1.92B$1.86B$1.99B$1.96B$1.92B$1.86B$1.88B$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$2.15B$2.01B$1.96B$1.90B$2.04B$2.00B$1.96B$1.87B$1.91B$1.86B$1.81B$1.74B$1.84B$1.86B$1.88B$1.94B$1.99B$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
Low Forecast$2.06B$1.93B$1.88B$1.81B$1.95B$1.92B$1.87B$1.83B$1.86B$1.85B$1.81B$1.74B$1.73B$1.78B$1.80B$1.86B$1.90B$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
# Analysts54544348109510115595447551071010101099
Surprise %-------------1.03%1.00%1.01%1.01%1.03%1.02%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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348109510115595447551071010101099
EBITDA-------------$701.00M$714.00M$1.39B$1.31B$1.07B$824.00M$726.00M$631.00M$537.00M$299.00M$602.00M$537.00M$513.00M$350.00M$362.00M$681.00M$796.00M
Avg Forecast$630.21M$589.47M$573.87M$555.29M$596.38M$586.11M$572.83M$556.45M$562.54M$555.04M$540.64M$907.74M$526.63M$544.37M$549.37M$825.22M$824.24M$632.64M$586.57M$750.20M$582.40M$584.99M$441.74M$378.40M$429.89M$421.85M$393.59M$594.11M$400.11M$403.06M
High Forecast$643.37M$601.78M$585.85M$566.88M$608.83M$598.34M$584.79M$559.43M$571.52M$556.42M$540.64M$1.09B$550.70M$555.73M$560.84M$990.26M$989.09M$632.64M$586.57M$900.24M$582.40M$584.99M$441.74M$454.08M$429.89M$421.85M$393.59M$712.93M$400.11M$403.06M
Low Forecast$615.73M$575.92M$560.69M$542.53M$582.68M$572.64M$559.66M$547.52M$556.55M$553.66M$540.64M$726.19M$517.60M$531.86M$536.75M$660.18M$659.39M$632.64M$586.57M$600.16M$582.40M$584.99M$441.74M$302.72M$429.89M$421.85M$393.59M$475.28M$400.11M$403.06M
Surprise %-------------1.29%1.30%1.68%1.59%1.70%1.40%0.97%1.08%0.92%0.68%1.59%1.25%1.22%0.89%0.61%1.70%1.97%

11 analysts predict HBAN's average Quarter EBITDA for Dec 23 to be $526.63M, with a high of $550.70M and a low of $517.60M. This is -24.88% 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348109510115595447551071010101099
Net Income-------------$547.00M$559.00M$602.00M$645.00M$594.00M$539.00M$460.00M$402.00M$377.00M$-15.00M$532.00M$316.00M$303.00M$150.00M$48.00M$317.00M$372.00M
Avg Forecast$581.06M$574.93M$543.32M$503.21M$529.94M$516.50M$484.98M$450.49M$454.48M$439.36M$415.24M$575.15M$184.36M$471.11M$497.46M$522.87M$523.81M$562.25M$499.79M$475.33M$438.14M$455.24M$401.59M$334.40M$430.65M$368.24M$57.75M$78.78M$454.01M$490.18M
High Forecast$596.83M$590.53M$558.06M$516.87M$544.33M$530.52M$498.14M$480.52M$469.15M$444.93M$415.34M$690.18M$205.63M$483.90M$510.96M$627.44M$628.57M$562.25M$499.79M$570.40M$438.14M$455.24M$401.59M$401.28M$430.65M$368.24M$57.75M$94.53M$454.01M$490.18M
Low Forecast$563.70M$557.75M$527.09M$488.17M$514.11M$501.07M$470.49M$435.47M$439.82M$433.79M$415.14M$460.12M$163.09M$457.04M$482.60M$418.29M$419.05M$562.25M$499.79M$380.27M$438.14M$455.24M$401.59M$267.52M$430.65M$368.24M$57.75M$63.02M$454.01M$490.18M
Surprise %-------------1.16%1.12%1.15%1.23%1.06%1.08%0.97%0.92%0.83%-0.04%1.59%0.73%0.82%2.60%0.61%0.70%0.76%

Huntington Bancshares's average Quarter net income forecast for Dec 23 is $184.36M, with a range of $163.09M to $205.63M. HBAN's average Quarter net income forecast represents a -66.30% 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348109510115595447551071010101099
SG&A-------------$676.00M$668.00M$694.00M$666.00M$653.00M$621.00M$619.00M$503.00M$685.00M$615.00M$490.00M$448.00M$468.00M$432.00M$413.00M$445.00M$424.00M
Avg Forecast$811.83M$759.34M$739.25M$715.31M$768.25M$755.01M$737.90M$716.81M$724.65M$714.99M$696.44M$773.96M$678.39M$701.24M$707.69M$703.60M$657.04M$699.55M$648.60M$639.63M$644.00M$646.86M$488.46M$308.00M$475.35M$466.47M$435.21M$677.81M$442.43M$445.69M
High Forecast$828.77M$775.19M$754.68M$730.25M$784.29M$770.77M$753.31M$720.64M$736.21M$716.77M$696.44M$928.75M$709.40M$715.88M$722.46M$844.32M$788.45M$699.55M$648.60M$767.56M$644.00M$646.86M$488.46M$369.60M$475.35M$466.47M$435.21M$813.37M$442.43M$445.69M
Low Forecast$793.17M$741.89M$722.26M$698.87M$750.59M$737.66M$720.95M$705.31M$716.94M$713.22M$696.44M$619.17M$666.76M$685.13M$691.43M$562.88M$525.63M$699.55M$648.60M$511.71M$644.00M$646.86M$488.46M$246.40M$475.35M$466.47M$435.21M$542.24M$442.43M$445.69M
Surprise %-------------0.96%0.94%0.99%1.01%0.93%0.96%0.97%0.78%1.06%1.26%1.59%0.94%1.00%0.99%0.61%1.01%0.95%

Huntington Bancshares's average Quarter SG&A projection for Dec 23 is $678.39M, based on 11 Wall Street analysts, with a range of $666.76M to $709.40M. The forecast indicates a 0.35% rise 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts54544348109510115595447551071010101099
EPS-------------$0.35$0.36$0.42$0.43$0.39$0.35$0.30$0.28$0.23$-0.01$0.47$0.28$0.27$0.13$0.03$0.29$0.34
Avg Forecast$0.39$0.39$0.37$0.34$0.36$0.35$0.33$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$0.40$0.40$0.38$0.35$0.37$0.36$0.34$0.33$0.32$0.30$0.28$0.24$0.14$0.33$0.35$0.38$0.41$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
Low Forecast$0.38$0.38$0.36$0.33$0.35$0.34$0.32$0.29$0.30$0.29$0.28$0.24$0.11$0.31$0.33$0.36$0.39$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
Surprise %-------------1.10%1.07%1.14%1.07%1.02%1.03%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
WALWestern Alliance Ban$88.33$97.3310.19%Buy
MTBM&T Bank$196.15$211.707.93%Buy
CFGCitizens Financial Group$44.74$47.836.91%Hold
USBU.S. Bancorp$49.98$53.086.20%Buy
TFCTruist Financial$45.13$46.863.83%Buy
RFRegions Financial$24.61$25.292.76%Buy
KEYKeyCorp$17.80$18.151.97%Buy
PNCPNC Financial Services Group$198.30$202.001.87%Buy
CMAComerica$64.41$64.08-0.51%Buy
FITBFifth Third Bancorp$45.05$44.67-0.84%Buy
HBANHuntington Bancshares$16.94$16.56-2.24%Buy
ZIONZions Bancorporation, National Association$56.22$54.00-3.95%Hold
FHNFirst Horizon$19.95$19.00-4.76%Buy

HBAN Forecast FAQ

Is Huntington Bancshares a good buy?

Yes, according to 12 Wall Street analysts, Huntington Bancshares (HBAN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 58.33% of HBAN's total ratings.

What is HBAN's price target?

Huntington Bancshares (HBAN) average price target is $16.56 with a range of $15 to $18, implying a 1.47% from its last price of $16.32. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Huntington Bancshares stock go up soon?

According to Wall Street analysts' prediction for HBAN stock, the company can go up by 1.47% (from the last price of $16.32 to the average price target of $16.56), up by 10.29% based on the highest stock price target, and down by -8.09% based on the lowest stock price target.

Can Huntington Bancshares stock reach $20?

HBAN's average twelve months analyst stock price target of $16.56 does not support the claim that Huntington Bancshares can reach $20 in the near future.

What are Huntington Bancshares's analysts' financial forecasts?

Huntington Bancshares's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.73B (high $7.86B, low $7.57B), average EBITDA is $2.31B (high $2.35B, low $2.26B), average net income is $1.98B (high $2.05B, low $1.92B), average SG&A $2.98B (high $3.03B, low $2.91B), and average EPS is $1.34 (high $1.39, low $1.3). HBAN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.86B (high $8.02B, low $7.68B), average EBITDA is $2.35B (high $2.4B, low $2.29B), average net income is $2.2B (high $2.26B, low $2.14B), average SG&A $3.03B (high $3.09B, low $2.96B), and average EPS is $1.49 (high $1.53, low $1.45).

Did the HBAN's actual financial results beat the analysts' financial forecasts?

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 $2.45B by -3.34%. The company's net income was $1.95B, beating the average estimation of $1.68B by 16.42%. Apple's SG&A was $115M, missing the average forecast of $2.79B by -95.88%. 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 $544.37M by 28.77%. Huntington Bancshares's net income was $547M, beating the average estimation of $471.11M by 16.11%. The company's SG&A was $676M, missing the average forecast of $701.24M by -3.60%. Lastly, the company's EPS was $0.35, beating the average prediction of $0.319 by 9.73%