Goldman Sachs raises Itaú Unibanco stock target from USD 9.30 to USD 10.50

Published on 10/19/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs set a USD 10.50 target on October 9, 2026. Itaú Unibanco stock costs EUR 8.48 on October 19, 2026 before November 3 results.

Analyst target and reporting date

Goldman Sachs lifted its target from USD 9.30 to USD 10.50 on October 9, 2026.
Second-quarter earnings per share came in at USD 0.21 versus USD 0.22 expected.
Itaú Unibanco stock trades at EUR 8.48 at 8:41 a.m. CEST at Lang & Schwarz on October 19, 2026.
Third-quarter results are scheduled for November 3, 2026, after trading hours.

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Itaú Unibanco Vz. (ISIN US4655621062) was trading at EUR 8.48 at Lang & Schwarz on October 19, 2026 at 8:41 a.m. CEST. The latest analyst action is Goldman Sachs raising its target from USD 9.30 to USD 10.50 while keeping a Buy rating, according to MarketBeat on October 17, 2026, citing the October 9 research note.

Analyst targets set the tone

The target revision gives Itaú Unibanco a concrete valuation reference ahead of its next report. Using the USD 9.44 NYSE price from October 16, 2026, the USD 10.50 target lies 11.23 percent above the share price. The two values use the same currency but different dates and venues.

MarketBeat reported a five-firm Moderate Buy consensus on October 17, 2026, with three Buy ratings and two Hold ratings and an average target of USD 9.87. HSBC moved from Buy to Hold and set a USD 9.10 target in a note dated October 8, 2026, while JPMorgan raised its target from USD 9.00 to USD 10.00, according to MarketBeat.

Three dated signals for the bank

On August 4, 2026, Itaú Unibanco reported quarterly earnings per share of USD 0.21 against a USD 0.22 consensus estimate, while revenue reached USD 9.27 billion versus USD 9.29 billion expected, according to MarketBeat. On October 8, 2026, HSBC cut its rating to Hold with a USD 9.10 target. On October 9, 2026, Goldman Sachs raised its target to USD 10.50 from USD 9.30 and retained Buy.

What dates matter next?

Itaú Unibanco's investor-relations calendar schedules third-quarter 2026 results for November 3, 2026, after trading hours, according to Itaú Unibanco. The date gives investors a clear checkpoint for testing the bank's earnings trajectory after the second-quarter estimate miss.

Stock enters the results window

Itaú Unibanco's current euro indication sits in the pre-market phase for Xetra-based investors, while the analyst targets remain denominated in US dollars on the NYSE. The central question for the November report is whether operating performance can support the constructive target revisions.

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