Huntington Bancshares stock gains analyst support as Wells Fargo trims price target
Published on 09/18/2026 at 16:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Huntington Bancshares Inc. stock (ISIN US4461501045) finished the last completed Nasdaq session on September 17, 2026 at USD 15.88, a gain of USD 0.06 or 0.38% compared with the prior close according to data reported by MarketBeat and Nasdaq.
Wells Fargo cuts target but keeps Overweight
According to Investing.com on September 17, 2026, Wells Fargo lowered its price target on Huntington Bancshares stock to USD 21 from USD 23 while maintaining an Overweight rating.
The same report notes that the stock traded at USD 15.82 at the time of the rating update, implying potential upside of around USD 5.18 per share to the new Wells Fargo target, and it highlights that the bank is using a 12 times price-to-earnings multiple to value Huntington Bancshares.
Broader analyst consensus remains supportive
Analyst sentiment around Huntington Bancshares stock remains moderately positive despite recent guidance adjustments by management. As Yahoo Finance reported on September 17, 2026, 21 analysts cover the stock with an overall consensus rating of Moderate Buy.
The same overview states that Huntington Bancshares carries a mean price target of USD 20.04, which compared with the Nasdaq closing price of USD 15.88 on September 17, 2026 implies an upside potential of 27.4% for investors if the consensus target is reached.
Guidance adjustments weigh on shares
Recent management guidance has added some caution to the story. Shares reacted negatively when Huntington Bancshares trimmed elements of its medium-term outlook, which has become a key risk factor to monitor around the stock.
According to Yahoo Finance on September 17, 2026, Huntington Bancshares shares fell 5.6% in a recent session after the company trimmed its 2026 revenue outlook and lowered its 2027 earnings target in response to a changing interest-rate environment.
The same article highlights that Huntington Bancshares cut its 2027 adjusted earnings per share target to a range of USD 1.75 to USD 1.83, down from its previous target range of USD 1.90 to USD 1.93, which represents a reduction of up to USD 0.18 per share at the top end of the range and signals more conservative expectations for profitability.
Recent earnings performance and valuation context
Against this backdrop, the bank’s most recent quarterly results provide important context for investors considering Huntington Bancshares stock. In its latest reported quarter, Huntington Bancshares delivered earnings per share that modestly beat analyst expectations, underlining that operational performance remains relatively resilient even as management lowers longer-term targets.
As Scanx.trade summarized on September 17, 2026, Huntington Bancshares reported earnings per share of USD 0.39 in its latest quarter, beating the consensus estimate of USD 0.37 by USD 0.02 or 5.41%.
The valuation discussion in the Wells Fargo note emphasizes that Huntington Bancshares trades on a price-to-earnings ratio of 12.26 based on the current share price and earnings profile, which aligns with the 12 times multiple that Wells Fargo applies in its valuation framework and suggests the stock is priced broadly in line with its earnings power.
Stock level on Nasdaq
Huntington Bancshares stock closed at USD 15.88 on the Nasdaq on September 17, 2026 at 4:00 p.m. Eastern Time, with no change in extended trading later that day, and this level stands below typical analyst price targets, which frame the potential return expectations that investors are currently weighing.
Huntington Bancshares stock at a glance
- Company: Huntington Bancshares Inc.
- ISIN: US4461501045
- Ticker: HBAN
- Trading venue: Nasdaq
- Price (as of September 17, 2026, 16:00): 15.88 USD
- Market capitalization: 15.85 billion USD (as of September 17, 2026)
- Sector / Industry: Financials / Regional Banks
- Index membership: S&P 500
