Citigroup stock: TD Cowen cuts target for Citigroup stock from USD 150.00 to USD 148.00
Published on 10/20/2026 at 16:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results
- TD Cowen lowered its Citigroup target from USD 150.00 to USD 148.00 on October 14, 2026.
- Third-quarter revenue reached USD 23.85 billion, up 8.00 percent year over year.
- Citigroup stock costs EUR 109.56 at Lang & Schwarz on October 20, 2026 at 4:36 p.m. CEST, down 2.51 percent versus the Xetra close of EUR 112.38.
- The next quarterly earnings release is scheduled for January 14, 2027.
TD Cowen lowered its Citigroup price target from USD 150.00 to USD 148.00 on October 14, 2026, according to MarketScreener. The new target lies 19.90 percent above Citigroup's USD 123.44 price on the NYSE at 10:45 a.m. ET on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 109.56 on October 20, 2026 at 4:36 p.m. CEST, down 2.51 percent versus the Xetra close of EUR 112.38.
Third-quarter revenue reaches USD 23.85 billion
Citigroup reported third-quarter 2026 revenue of USD 23.85 billion, an 8.00 percent increase from USD 22.09 billion a year earlier. The result was accompanied by net income of USD 5.25 billion, compared with USD 3.75 billion in the third quarter of 2025, while diluted earnings per share reached USD 2.85 versus USD 1.86.
Reuters reported on October 13, 2026 that Citigroup exceeded the USD 2.66 earnings-per-share estimate with USD 2.85. Services revenue grew 15.00 percent and wealth revenue also increased 15.00 percent, while markets revenue rose 6.00 percent to USD 6.11 billion.
Stock remains below its yearly high
The NYSE stock traded at USD 123.44 on October 20, 2026 at 10:45 a.m. ET. Its 52-week range was USD 95.00 to USD 147.96, leaving the price 16.57 percent below the high. The year-to-date performance was plus 4.28 percent, and volume reached 2,140,255 shares at the quoted time.
Valuation and upcoming date
Citigroup had a market capitalization of USD 207.1 billion and a price-to-earnings ratio of 12.03 on October 20, 2026. The next quarterly earnings release is listed for January 14, 2027, in the calendar carried by MarketScreener.
Comparison with peers
Citigroup Inc.: down 2.07 percent, price-to-earnings ratio 12.03, market capitalization USD 207.1 billion. JPMorgan Chase & Co. (NYSE, USD): up 1.63 percent, price-to-earnings ratio 14.21, market capitalization USD 901.0 billion. Bank of America Corporation (NYSE, USD): up 1.60 percent, price-to-earnings ratio 12.19, market capitalization USD 358.0 billion.
Price and target remain the focus
TD Cowen's lower target puts the latest analyst view below the USD 150.00 level but still above Citigroup's NYSE price. The contrast with the bank's third-quarter revenue growth leaves investors weighing stronger operating figures against a weaker share-price session.
The further course of trading is shown by the continuously updated real-time quote of Citigroup stock.
Citigroup stock at a glance
- Company: Citigroup Inc.
- ISIN: US1729674242
- Ticker: C
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 4:36 p.m. CEST): EUR 109.56
- Change versus Xetra close: minus 2.51 percent
- Xetra close (October 19, 2026): EUR 112.38
- Market capitalization: USD 207.1 billion (as of October 20, 2026)
- 52-week range: USD 95.00-147.96 (as of October 20, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Index membership: S&P 500
- Next earnings date: January 14, 2027
Market context: Market report S&P 500.
