Goldman Sachs raises target for Itaú Unibanco stock to USD 10.50
Published on 10/12/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Goldman Sachs raised its Itaú Unibanco target from USD 9.30 to USD 10.50 on October 9, 2026.
- Second-quarter 2026 net income reached BRL 12.40 billion, while return on equity was 24.30 percent.
- The Lang & Schwarz quote was EUR 9.13 on October 12, 2026 at 11:18 a.m. CEST.
- The next earnings date is November 3, 2026, followed by a November 4, 2026 ex-dividend date.
Itaú Unibanco Vz. (ISIN US4655621062) was quoted at EUR 9.13 at Lang & Schwarz on October 12, 2026 at 11:18 a.m. CEST. Goldman Sachs maintained its Buy rating and raised the target from USD 9.30 to USD 10.50 on October 9, 2026, according to Yahoo Finance.
Three results shaped the year
GreekSoup reported that Itaú Unibanco posted BRL 12.30 billion of profit and 24.80 percent return on equity for the first quarter of 2026, with the event dated May 5, 2026. The same filing record states that second-quarter 2026 net income reached BRL 12.40 billion and return on equity was 24.30 percent on August 4, 2026. The latest event was Goldman Sachs' October 9, 2026 target increase to USD 10.50 from USD 9.30.
What does the target change mean?
The target increase of USD 1.20 represents 12.90 percent versus the former USD 9.30 target. The new target remains above the latest US-listed reference price of USD 10.16 at the October 9, 2026 NYSE close, while the euro quote is a separate Lang & Schwarz market reference.
Dates give the next checkpoints
Yahoo Finance lists November 3, 2026 as the next earnings date and November 4, 2026 as the ex-dividend date. The schedule gives investors two distinct near-term reference points: operating performance first, followed by the distribution timetable.
Euro quote stays below the dollar range
The Lang & Schwarz quote of EUR 9.13 on October 12, 2026 carries no percentage comparison here because the dated Xetra close required for the reference base was not established. On the NYSE, Itaú Unibanco closed at USD 10.16 on October 9, 2026, with a 52-week range of USD 6.59 to USD 10.20 and market capitalization of USD 112.0 billion, according to the dated Yahoo Finance quote.
The further course of trading is shown by the continuously updated real-time quote of Itaú Unibanco Vz. stock.
Itaú Unibanco Vz. stock facts
- Company: Itaú Unibanco Holding S.A.
- ISIN: US4655621062
- Ticker: ITUB
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 11:18 a.m. CEST): EUR 9.13
- Market capitalization: USD 112.0 billion (as of October 9, 2026)
- 52-week range: USD 6.59-10.20 (as of October 9, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
