Barclays lifts UniCredit target to EUR 102.60 as UniCredit stock gains 2.77 percent

Published on 10/26/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays lifted its target to EUR 102.60 on October 22, 2026. UniCredit stock costs EUR 73.72, 2.77 percent above Xetra close.

Target and reporting calendar

Barclays lifted its UniCredit target to EUR 102.60 on October 22, 2026.
UniCredit reported second-quarter net income of EUR 2.97 billion and diluted earnings per share of EUR 1.94 in 2026.
UniCredit stock trades at EUR 73.72 at 10:36 a.m. CEST at Lang & Schwarz on October 26, 2026, 2.77 percent above the Xetra close of October 23, 2026.
UniCredit will present third-quarter and nine-month results on November 9, 2026.

UniCredit, IT0005239360, Illustration mit AI erstellt.

UniCredit stock (ISIN IT0005239360) was trading at EUR 73.72 at Lang & Schwarz on October 26, 2026 at 10:36 a.m. CEST, up 2.77 percent versus the Xetra close of October 23, 2026 at EUR 71.73. Barclays raised its target from EUR 94.50 to EUR 102.60 and kept its Overweight rating on October 22, 2026, according to MarketScreener.

Barclays sees higher earnings power

The analyst note raised Barclays' profit forecasts through 2028 by 16 percent. It linked the higher valuation to faster growth in Italy and Germany, while retaining the Overweight view on UniCredit.

That target stands 39.04 percent above the Lang & Schwarz price, calculated from EUR 102.60 and EUR 73.72. The comparison matters because the latest market price is still below the level Barclays used for its revised assessment.

What does the target change mean?

UniCredit's operating backdrop includes strong first-half figures. The company's investor-relations page reports EUR 6.70 billion of revenue and EUR 3.10 billion of net profit for the first half of 2026, with net profit up 22 percent year over year and diluted earnings per share up 28 percent, according to UniCredit. Standardized financial data also show second-quarter net income of EUR 2.97 billion and diluted earnings per share of EUR 1.94 for the quarter ended June 30, 2026.

Two November dates shape the next test

UniCredit moved approval of its third-quarter 2026 results to November 8, 2026, from October 21, 2026. The group will publish the results and hold its presentation and conference call on November 9, 2026, instead of October 22, 2026, as stated in the UniCredit release dated October 9, 2026. The next report will allow investors to compare the expected third-quarter net income of EUR 2.78 billion with EUR 2.63 billion in the year-earlier period, according to finanzen.at.

Stock holds above the Xetra close

The current quotation places the stock EUR 1.99 above the Xetra close of October 23, 2026. The move gives the Barclays revision a positive market backdrop, while the November results remain the next scheduled test of the bank's earnings trajectory.

The further course of trading is shown by the continuously updated real-time quote of UniCredit stock.