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U.S. Bancorp (USB) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

USB Stock Forecast

U.S. Bancorp stock forecast is as follows: an average price target of $53.08 (represents a 6.20% upside from USB’s last price of $49.98) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

USB Price Target

The average price target for U.S. Bancorp (USB) is $53.08 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $42.00. This represents a potential 6.20% upside from USB's last price of $49.98.

USB Analyst Ratings

Buy

According to 18 Wall Street analysts, U.S. Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for USB stock is 0 'Strong Buy' (0.00%), 11 'Buy' (61.11%), 7 'Hold' (38.89%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

U.S. Bancorp Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Matt O'ConnorDeutsche Bank$51.00$48.535.09%2.04%
Oct 17, 2024Peter WinterD.A. Davidson$54.00$49.628.83%8.04%
Oct 17, 2024Chris KotowskiOppenheimer$59.00$49.2119.89%18.05%
Oct 17, 2024Mike MayoWells Fargo$60.00$49.2121.93%20.05%
Oct 17, 2024Gerald CassidyRBC Capital$53.00$49.217.70%6.04%
Oct 17, 2024David GeorgeRobert W. Baird$54.00$49.219.73%8.04%
Oct 17, 2024Terry McEvoyStephens$52.00$49.215.67%4.04%
Oct 17, 2024Jason GoldbergBarclays$57.00$49.2115.83%14.05%
Oct 02, 2024John PancariEvercore ISI$51.00$44.4614.71%2.04%
Sep 30, 2024Betsy GraseckMorgan Stanley$57.00$44.7927.26%14.05%
Sep 18, 2024John PancariEvercore ISI$49.00$44.689.67%-1.96%
Sep 13, 2024David GeorgeRobert W. Baird$52.00$43.8518.59%4.04%
Sep 12, 2024Erika NajarianBank of America Securities$53.00$43.9620.56%6.04%
Sep 03, 2024Scott SiefersPiper Sandler$47.00$46.590.87%-5.96%
Jul 18, 2024Gerard CassidyRBC Capital$48.00$45.096.47%-3.96%
Jul 03, 2024Ken UsdinJefferies$42.00$39.975.08%-15.97%
Jun 28, 2024Chris KotowskiOppenheimer$53.00$39.6833.57%6.04%
Apr 19, 2024Erika NajarianUBS$43.00$39.449.03%-13.97%
Apr 18, 2024Peter WinterD.A. Davidson$44.00$39.2412.13%-11.96%
Apr 18, 2024Chris KotowskiOppenheimer$54.00$39.5236.64%8.04%
Apr 18, 2024Mike MayoWells Fargo$48.00$39.5221.46%-3.96%
Mar 28, 2024Saul MartinezHSBC$53.00$44.0020.45%6.04%
Mar 22, 2024David RochesterCompass Point$49.00$43.9211.57%-1.96%
Feb 15, 2023Scott SiefersPiper Sandler$57.00$48.9816.37%14.05%
Apr 07, 2022David GeorgeRobert W. Baird$58.00$52.5810.31%16.05%
Apr 07, 2022Bill CarcacheWolfe Research$63.00$52.5819.82%26.05%
Apr 07, 2022Vivek JunejaJ.P. Morgan$62.50$52.5818.87%25.05%
Apr 04, 2022Gerard CassidyRBC Capital$66.00$52.6625.33%32.05%
Apr 04, 2022Chris KotowskiOppenheimer$77.00$52.6646.22%54.06%
Jan 21, 2022Keith HorowitzCitigroup$65.00$54.6518.94%30.05%
Jan 20, 2022Jason GoldbergBarclays$66.00$56.4816.86%32.05%
Jan 20, 2022Terry McEvoyStephens$62.00$56.489.77%24.05%
Jan 19, 2022David KonradKBW$64.00$56.9012.48%28.05%
Dec 06, 2021John PancariEvercore ISI$63.00$55.9612.58%26.05%
Oct 15, 2021Scott SiefersPiper Sandler$60.00$59.261.25%20.05%
Oct 04, 2021Mike MayoWells Fargo$72.00$59.5520.91%44.06%
Sep 22, 2021Susan Roth KatzkeCredit Suisse$61.00$56.557.87%22.05%
Jul 22, 2021Richard RamsdenGoldman Sachs$61.00$54.4911.95%22.05%
May 18, 2021Dave RochesterCompass Point$61.00$58.983.42%22.05%

The latest U.S. Bancorp stock forecast, released on Oct 24, 2024 by Matt O'Connor from Deutsche Bank, set a price target of $51.00, which represents a 5.09% increase from the stock price at the time of the forecast ($48.53), and a 2.04% increase from USB last price ($49.98).

U.S. Bancorp Price Target by Period

1M3M12M
# Anlaysts-1123
Avg Price Target-$54.27$51.43
Last Closing Price$49.98$49.98$49.98
Upside/Downside-100.00%8.58%2.90%

In the current month, the average price target of U.S. Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to U.S. Bancorp's last price of $49.98. 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 24, 2024Deutsche BankBuyHoldDowngrade
Oct 17, 2024RBC CapitalUnderperformUnderperformHold
Oct 17, 2024OppenheimerOutperformOutperformHold
Oct 17, 2024Wells FargoOverweightOverweightHold
Oct 17, 2024RBC CapitalOutperformOutperformHold
Oct 17, 2024StephensEqual-WeightEqual-WeightHold
Oct 17, 2024BarclaysOverweightOverweightHold
Oct 16, 2024Goldman SachsNeutralNeutralHold
Sep 30, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Sep 18, 2024Evercore ISIPositivePositiveHold
Sep 12, 2024Bank of America SecuritiesBuyBuyHold
Sep 11, 2024UBSUnderperformUnderperformHold
Sep 11, 2024Wells FargoEqual-WeightEqual-WeightHold
Sep 03, 2024Piper SandlerNeutralNeutralHold
Jul 30, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 18, 2024JefferiesUnderperformUnderperformHold
Jul 18, 2024RBC CapitalEqual-WeightEqual-WeightHold
Jul 18, 2024RBC CapitalOutperformOutperformHold
Jul 18, 2024CitigroupNeutralNeutralHold
Jul 18, 2024Wells FargoOverweightOverweightHold
Jul 03, 2024JefferiesHoldHoldHold
Jun 28, 2024OppenheimerOutperformOutperformHold
Jun 27, 2024Wells FargoMarket PerformNeutralDowngrade
Jun 21, 2024Wells FargoMarket PerformMarket PerformHold
Jun 21, 2024UBSUnderperformUnderperformHold
Jun 12, 2024Wells FargoOverweightOverweightHold
Apr 19, 2024UBSNeutralNeutralHold
Apr 18, 2024Keefe, Bruyette & WoodsOutperformMarket PerformDowngrade
Apr 18, 2024OppenheimerOutperformOutperformHold
Apr 18, 2024Wells FargoOverweightOverweightHold
Apr 08, 2024JefferiesHoldHoldHold
Mar 28, 2024HSBCBuyUpgrade
Mar 22, 2024Compass PointBuyUpgrade
Sep 22, 2023CitigroupNeutralNeutralHold
Jul 20, 2023RBC CapitalBuyBuyHold
Jul 20, 2023Raymond JamesMarket PerformUpgrade
Jul 20, 2023CitigroupNeutralNeutralHold
Jul 11, 2023NeedhamBuyUpgrade
Jul 11, 2023J.P. MorganBuyUpgrade
Jul 11, 2023Bank of America SecuritiesBuyUpgrade
Jun 12, 2023CitigroupNeutralNeutralHold
Apr 20, 2023Argus ResearchBuyBuyHold
Feb 15, 2023Piper SandlerOverweightUpgrade
Jan 10, 2023UBSBuyUpgrade
Dec 12, 2022Keefe, Bruyette & WoodsOutperformUpgrade
Jan 29, 2022Deutsche BankBuyBuyHold
Apr 07, 2021BarclaysOverweightOverweightHold

U.S. Bancorp's last stock rating was published by Deutsche Bank on Oct 24, 2024. The company Downgrade its USB rating from "Buy" to "Hold".

U.S. Bancorp Financial Forecast

U.S. Bancorp 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------------$6.73B$7.00B-$7.14B$6.34B$1.57B$5.98B$5.57B$5.66B$5.86B$5.76B$5.44B$5.72B$5.94B$5.81B$5.75B$5.64B$5.89B
Avg Forecast$7.70B$7.65B$7.53B$7.30B$7.31B$7.24B$7.13B$6.92B$6.98B$6.90B$6.81B$6.71B$6.85B$7.02B$7.17B$7.14B$6.62B$6.24B$5.91B$5.56B$5.75B$5.76B$5.61B$5.54B$5.81B$5.71B$5.53B$5.58B$5.80B$5.82B
High Forecast$7.77B$7.72B$7.60B$7.37B$7.38B$7.31B$7.20B$6.95B$7.02B$6.91B$6.81B$6.71B$6.89B$7.08B$7.24B$7.21B$6.69B$6.30B$5.97B$5.62B$5.81B$5.81B$5.67B$5.60B$5.87B$5.76B$5.59B$5.63B$5.86B$5.88B
Low Forecast$7.61B$7.57B$7.45B$7.22B$7.23B$7.16B$7.05B$6.91B$6.97B$6.89B$6.81B$6.71B$6.79B$6.94B$7.09B$7.06B$6.55B$6.16B$5.83B$5.49B$5.67B$5.68B$5.54B$5.47B$5.74B$5.63B$5.46B$5.50B$5.72B$5.75B
# Analysts333344467374946433534854474435
Surprise %------------0.98%1.00%-1.00%0.96%0.25%1.01%1.00%0.98%1.02%1.03%0.98%0.98%1.04%1.05%1.03%0.97%1.01%

U.S. Bancorp's average Quarter revenue forecast for Mar 24 based on 4 analysts is $6.71B, with a low forecast of $6.71B, and a high forecast of $6.71B. USB's average Quarter revenue forecast represents a -0.28% decrease compared to the company's last Quarter revenue of $6.73B (Dec 23).

U.S. Bancorp 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
# Analysts333344467374946433534854474435
EBITDA------------$1.24B$2.12B-$4.64B$2.86B$3.32B$2.46B$2.33B$2.49B$2.96B$2.90B$3.29B$2.35B$2.41B$1.36B$2.45B$3.02B$3.66B
Avg Forecast$2.62B$2.60B$2.56B$2.48B$2.48B$2.46B$2.42B$2.35B$2.37B$2.35B$2.32B$2.57B$2.33B$2.39B$2.44B$2.34B$2.81B$2.28B$2.16B$2.13B$2.10B$2.10B$2.05B$1.77B$2.12B$2.08B$2.02B$1.86B$2.12B$2.13B
High Forecast$2.64B$2.63B$2.58B$2.50B$2.51B$2.49B$2.45B$2.36B$2.39B$2.35B$2.32B$3.09B$2.34B$2.41B$2.46B$2.81B$3.38B$2.30B$2.18B$2.55B$2.12B$2.12B$2.07B$2.12B$2.14B$2.10B$2.04B$2.23B$2.14B$2.15B
Low Forecast$2.59B$2.57B$2.53B$2.45B$2.46B$2.44B$2.40B$2.35B$2.37B$2.34B$2.32B$2.06B$2.31B$2.36B$2.41B$1.87B$2.25B$2.25B$2.13B$1.70B$2.07B$2.07B$2.02B$1.42B$2.09B$2.06B$1.99B$1.49B$2.09B$2.10B
Surprise %------------0.53%0.89%-1.98%1.02%1.46%1.14%1.10%1.19%1.41%1.42%1.86%1.11%1.15%0.67%1.32%1.43%1.72%

4 analysts predict USB's average Quarter EBITDA for Mar 24 to be $2.57B, with a high of $3.09B and a low of $2.06B. This is 108.18% upper than U.S. Bancorp's previous annual EBITDA (Dec 23) of $1.24B.

U.S. Bancorp 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
# Analysts333344467374946433534854474435
Net Income------------$847.00M$1.52B-$1.70B$925.00M$1.81B$1.53B$1.56B$1.68B$2.03B$1.98B$2.28B$1.52B$1.58B$689.00M$1.17B$1.49B$1.91B
Avg Forecast$1.99B$1.93B$1.89B$1.71B$1.78B$1.72B$1.66B$1.48B$1.62B$1.53B$1.46B$1.78B$1.06B$1.49B$1.61B$1.62B$1.89B$1.79B$1.63B$1.47B$1.72B$1.80B$1.78B$1.23B$1.48B$1.43B$563.96M$888.34M$1.69B$1.73B
High Forecast$2.01B$1.96B$1.91B$1.73B$1.81B$1.74B$1.68B$1.59B$1.65B$1.53B$1.47B$2.14B$1.09B$1.51B$1.63B$1.95B$2.27B$1.89B$1.71B$1.77B$1.74B$1.87B$1.80B$1.47B$1.50B$1.44B$571.39M$1.07B$1.71B$1.76B
Low Forecast$1.96B$1.90B$1.86B$1.68B$1.76B$1.69B$1.64B$1.41B$1.56B$1.53B$1.46B$1.43B$1.04B$1.47B$1.59B$1.30B$1.51B$1.69B$1.54B$1.18B$1.69B$1.73B$1.75B$982.30M$1.45B$1.40B$554.12M$710.68M$1.66B$1.70B
Surprise %------------0.80%1.02%-1.05%0.49%1.01%0.94%1.06%0.98%1.13%1.11%1.86%1.03%1.11%1.22%1.32%0.88%1.10%

U.S. Bancorp's average Quarter net income forecast for Mar 24 is $1.78B, with a range of $1.43B to $2.14B. USB's average Quarter net income forecast represents a 110.60% increase compared to the company's last Quarter net income of $847.00M (Dec 23).

U.S. Bancorp 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
# Analysts333344467374946433534854474435
SG&A------------$2.81B$2.79B-$2.77B$2.55B$2.39B$2.35B$2.33B$2.35B$2.28B$2.23B$2.23B$2.05B$2.09B$2.07B$2.05B$2.03B$2.03B
Avg Forecast$2.93B$2.91B$2.86B$2.78B$2.78B$2.76B$2.71B$2.63B$2.66B$2.63B$2.59B$2.67B$2.61B$2.67B$2.73B$2.43B$2.66B$2.37B$2.25B$2.21B$2.19B$2.19B$2.14B$1.20B$2.21B$2.17B$2.10B$1.55B$2.21B$2.22B
High Forecast$2.95B$2.94B$2.89B$2.80B$2.81B$2.78B$2.74B$2.65B$2.67B$2.63B$2.59B$3.20B$2.62B$2.69B$2.75B$2.91B$3.19B$2.40B$2.27B$2.65B$2.21B$2.21B$2.16B$1.44B$2.23B$2.19B$2.13B$1.86B$2.23B$2.24B
Low Forecast$2.90B$2.88B$2.83B$2.75B$2.75B$2.73B$2.68B$2.63B$2.65B$2.62B$2.59B$2.13B$2.58B$2.64B$2.70B$1.94B$2.13B$2.34B$2.22B$1.76B$2.16B$2.16B$2.11B$962.91M$2.18B$2.14B$2.08B$1.24B$2.18B$2.19B
Surprise %------------1.08%1.05%-1.14%0.96%1.01%1.05%1.06%1.08%1.04%1.04%1.86%0.93%0.96%0.98%1.32%0.92%0.92%

U.S. Bancorp's average Quarter SG&A projection for Mar 24 is $2.67B, based on 4 Wall Street analysts, with a range of $2.13B to $3.20B. The forecast indicates a -5.22% fall compared to USB last annual SG&A of $2.81B (Dec 23).

U.S. Bancorp 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
# Analysts333344467374946433534854474435
EPS-------------$0.91-$1.04$0.57$1.16$0.99$0.99$1.13$1.30$1.29$1.45$0.95$0.99$0.41$0.72$0.91$1.16
Avg Forecast$1.28$1.25$1.22$1.10$1.15$1.11$1.07$0.96$1.05$0.99$0.95$0.84$0.68$0.96$1.04$1.09$1.12$1.15$1.04$0.94$1.10$1.15$1.14$0.96$0.95$0.91$0.36$0.61$1.08$1.11
High Forecast$1.30$1.26$1.24$1.12$1.17$1.12$1.08$1.02$1.06$0.99$0.95$0.84$0.70$0.97$1.05$1.11$1.13$1.21$1.10$0.96$1.12$1.20$1.16$0.97$0.96$0.93$0.37$0.62$1.10$1.13
Low Forecast$1.27$1.23$1.20$1.09$1.14$1.09$1.06$0.91$1.01$0.99$0.95$0.84$0.67$0.95$1.02$1.08$1.10$1.08$0.98$0.93$1.08$1.11$1.12$0.94$0.93$0.90$0.35$0.60$1.06$1.09
Surprise %-------------0.95%-0.95%0.51%1.01%0.95%1.05%1.03%1.13%1.13%1.51%1.00%1.08%1.13%1.18%0.84%1.04%

According to 9 Wall Street analysts, U.S. Bancorp's projected average Quarter EPS for Dec 23 is $0.68, with a low estimate of $0.67 and a high estimate of $0.70. This represents a -25.00% decrease compared to USB previous annual EPS of $0.91 (Sep 23).

U.S. Bancorp 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
USBU.S. Bancorp$49.98$53.086.20%Buy
TFCTruist Financial$45.13$46.863.83%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

USB Forecast FAQ

Is U.S. Bancorp a good buy?

Yes, according to 18 Wall Street analysts, U.S. Bancorp (USB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 61.11% of USB's total ratings.

What is USB's price target?

U.S. Bancorp (USB) average price target is $53.08 with a range of $42 to $60, implying a 6.20% from its last price of $49.98. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will U.S. Bancorp stock go up soon?

According to Wall Street analysts' prediction for USB stock, the company can go up by 6.20% (from the last price of $49.98 to the average price target of $53.08), up by 20.05% based on the highest stock price target, and down by -15.97% based on the lowest stock price target.

Can U.S. Bancorp stock reach $70?

USB's average twelve months analyst stock price target of $53.08 does not support the claim that U.S. Bancorp can reach $70 in the near future.

What are U.S. Bancorp's analysts' financial forecasts?

U.S. Bancorp's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $28.6B (high $28.83B, low $28.36B), average EBITDA is $9.72B (high $9.8B, low $9.64B), average net income is $6.64B (high $6.81B, low $6.49B), average SG&A $10.88B (high $10.97B, low $10.79B), and average EPS is $4.29 (high $4.4, low $4.19). USB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $30.18B (high $30.46B, low $29.85B), average EBITDA is $10.26B (high $10.36B, low $10.15B), average net income is $7.52B (high $7.61B, low $7.41B), average SG&A $11.48B (high $11.59B, low $11.35B), and average EPS is $4.85 (high $4.91, low $4.79).

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

Based on U.S. Bancorp's last annual report (Dec 2023), the company's revenue was $28.01B, which missed the average analysts forecast of $28.18B by -0.60%. Apple's EBITDA was $7.85B, missing the average prediction of $9.49B by -17.27%. The company's net income was $5.43B, missing the average estimation of $5.78B by -5.99%. Apple's SG&A was $11.14B, beating the average forecast of $10.43B by 6.82%. Lastly, the company's EPS was $3.27, missing the average prediction of $3.78 by -13.39%. In terms of the last quarterly report (Dec 2023), U.S. Bancorp's revenue was $6.73B, missing the average analysts' forecast of $6.85B by -1.78%. The company's EBITDA was $1.24B, missing the average prediction of $2.33B by -46.95%. U.S. Bancorp's net income was $847M, missing the average estimation of $1.06B by -19.88%. The company's SG&A was $2.82B, beating the average forecast of $2.61B by 7.98%. Lastly, the company's EPS was $0, missing the average prediction of $0.682 by -100.00%