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

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USB Stock Forecast

U.S. Bancorp stock forecast is as follows: an average price target of $55.07 (represents a 9.46% upside from USB’s last price of $50.31) 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 $55.07 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $65.00 to $42.00. This represents a potential 9.46% upside from USB's last price of $50.31.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 24, 2024	Matt O'Connor	Deutsche Bank	$51.00	$48.53	5.09%	1.37%
Oct 17, 2024	Peter Winter	D.A. Davidson	$54.00	$49.62	8.83%	7.33%
Oct 17, 2024	Chris Kotowski	Oppenheimer	$59.00	$49.21	19.89%	17.27%
Oct 17, 2024	Mike Mayo	Wells Fargo	$60.00	$49.21	21.93%	19.26%
Oct 17, 2024	David George	Robert W. Baird	$54.00	$49.21	9.73%	7.33%
Oct 17, 2024	Gerald Cassidy	RBC Capital	$53.00	$49.21	7.70%	5.35%
Oct 17, 2024	Terry McEvoy	Stephens	$52.00	$49.21	5.67%	3.36%
Oct 17, 2024	Jason Goldberg	Barclays	$57.00	$49.21	15.83%	13.30%
Oct 02, 2024	John Pancari	Evercore ISI	$51.00	$44.46	14.71%	1.37%
Sep 30, 2024	Betsy Graseck	Morgan Stanley	$57.00	$44.79	27.26%	13.30%

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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 1.37% increase from USB last price ($50.31).

U.S. Bancorp Price Target by Period

	1M	3M	12M
# Anlaysts	8	14	23
Avg Price Target	$55.00	$53.50	$51.43
Last Closing Price	$50.31	$50.31	$50.31
Upside/Downside	9.32%	6.34%	2.23%

In the current month, the average price target of U.S. Bancorp stock is $55.00, according to 8 Wall Street analysts offering twelve months forecast. The average price target represents a 9.32% increase as opposed to U.S. Bancorp's last price of $50.31. This month's average price target is up 2.80% compared to last quarter, and up 6.94% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 24, 2024	Deutsche Bank	Buy	Hold	Downgrade
Oct 17, 2024	RBC Capital	Underperform	Underperform	Hold
Oct 17, 2024	Oppenheimer	Outperform	Outperform	Hold
Oct 17, 2024	Wells Fargo	Overweight	Overweight	Hold
Oct 17, 2024	RBC Capital	Outperform	Outperform	Hold
Oct 17, 2024	Stephens	Equal-Weight	Equal-Weight	Hold
Oct 17, 2024	Barclays	Overweight	Overweight	Hold
Oct 16, 2024	Goldman Sachs	Neutral	Neutral	Hold
Sep 30, 2024	Morgan Stanley	Equal-Weight	Overweight	Upgrade
Sep 18, 2024	Evercore ISI	Positive	Positive	Hold

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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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 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	$7.64B	$7.58B	$7.49B	$7.24B	$7.31B	$7.24B	$7.13B	$6.93B	$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	$7.69B	$7.64B	$7.55B	$7.30B	$7.36B	$7.29B	$7.18B	$6.96B	$7.03B	$6.91B	$6.81B	$6.71B	$6.89B	$7.07B	$7.23B	$7.20B	$6.67B	$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	$7.55B	$7.50B	$7.41B	$7.16B	$7.22B	$7.16B	$7.05B	$6.92B	$6.90B	$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
# Analysts	4	4	4	4	3	3	3	5	7	3	7	4	9	4	6	4	3	3	5	3	4	8	5	4	4	7	4	4	3	5
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	7	3	7	4	9	4	6	4	3	3	5	3	4	8	5	4	4	7	4	4	3	5
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	$2.60B	$2.58B	$2.55B	$2.46B	$2.48B	$2.46B	$2.42B	$2.36B	$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	$2.62B	$2.60B	$2.57B	$2.48B	$2.50B	$2.48B	$2.44B	$2.37B	$2.39B	$2.35B	$2.32B	$3.09B	$2.34B	$2.40B	$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	$2.57B	$2.55B	$2.52B	$2.43B	$2.46B	$2.43B	$2.40B	$2.35B	$2.35B	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	7	3	7	4	9	4	6	4	3	3	5	3	4	8	5	4	4	7	4	4	3	5
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	$1.96B	$1.90B	$1.88B	$1.66B	$1.78B	$1.71B	$1.65B	$1.48B	$1.61B	$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	$1.98B	$1.92B	$1.89B	$1.68B	$1.80B	$1.72B	$1.67B	$1.57B	$1.64B	$1.53B	$1.47B	$2.14B	$1.09B	$1.50B	$1.62B	$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	$1.93B	$1.88B	$1.85B	$1.64B	$1.75B	$1.68B	$1.63B	$1.41B	$1.55B	$1.53B	$1.46B	$1.43B	$1.04B	$1.47B	$1.58B	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	7	3	7	4	9	4	6	4	3	3	5	3	4	8	5	4	4	7	4	4	3	5
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	$2.91B	$2.89B	$2.85B	$2.76B	$2.78B	$2.75B	$2.71B	$2.64B	$2.65B	$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	$2.93B	$2.91B	$2.87B	$2.78B	$2.80B	$2.77B	$2.73B	$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	$2.87B	$2.85B	$2.82B	$2.72B	$2.75B	$2.72B	$2.68B	$2.63B	$2.62B	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	4	4	4	4	3	3	3	5	7	3	7	4	9	4	6	4	3	3	5	3	4	8	5	4	4	7	4	4	3	5
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	$1.27	$1.23	$1.21	$1.07	$1.15	$1.10	$1.07	$0.96	$1.04	$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	$1.28	$1.24	$1.22	$1.08	$1.16	$1.11	$1.08	$1.02	$1.06	$0.99	$0.95	$0.84	$0.70	$0.97	$1.05	$1.10	$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	$1.25	$1.21	$1.19	$1.06	$1.13	$1.09	$1.05	$0.91	$1.00	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PACW	PacWest Bancorp	$7.54	$34.50	357.56%	Hold
TFC	Truist Financial	$46.25	$53.53	15.74%	Buy
USB	U.S. Bancorp	$50.31	$55.07	9.46%	Buy
WAL	Western Alliance Ban	$91.86	$92.00	0.15%	Buy
CMA	Comerica	$70.08	$69.01	-1.53%	Buy
ZION	Zions Bancorporation, National Association	$59.60	$58.40	-2.01%	Hold
KEY	KeyCorp	$19.14	$18.74	-2.09%	Buy
FHN	First Horizon	$20.16	$19.10	-5.26%	Buy
HBAN	Huntington Bancshares	$17.53	$16.40	-6.45%	Buy
MTB	M&T Bank	$213.27	$198.71	-6.83%	Buy
PNC	PNC Financial Services Group	$207.96	$193.74	-6.84%	Buy
FITB	Fifth Third Bancorp	$47.26	$39.93	-15.51%	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 $55.07 with a range of $42 to $65, implying a 9.46% from its last price of $50.31. 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 9.46% (from the last price of $50.31 to the average price target of $55.07), up by 29.20% based on the highest stock price target, and down by -16.52% based on the lowest stock price target.

Can U.S. Bancorp stock reach $80?

USB's average twelve months analyst stock price target of $55.07 does not support the claim that U.S. Bancorp can reach $80 in the near future.

What is U.S. Bancorp's current price target trend?

8 Wall Street analysts forecast a $55 price target for U.S. Bancorp (USB) this month, up 9.32% from its last price of $50.31. Compared to the last 3 and 12 months, the average price target increased by 6.34% and increased by 2.23%, respectively.

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 $28.79B, low $28.35B), average EBITDA is $9.72B (high $9.79B, low $9.64B), average net income is $6.62B (high $6.77B, low $6.47B), average SG&A $10.88B (high $10.95B, low $10.78B), and average EPS is $4.28 (high $4.37, low $4.18). USB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $29.96B (high $30.18B, low $29.62B), average EBITDA is $10.19B (high $10.26B, low $10.07B), average net income is $7.41B (high $7.48B, low $7.3B), average SG&A $11.4B (high $11.48B, low $11.27B), and average EPS is $4.78 (high $4.83, low $4.71).

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%