Itaú Unibanco sets November 3 results. Goldman target for Itaú Unibanco stock is USD 10.50

Published on 10/21/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IFRS net income was USD 2.37 billion, up 20.9 percent year over year. Itaú Unibanco stock costs EUR 8.73 on October 21, 2026.

Results date and analyst view

Itaú Unibanco scheduled third-quarter results for November 3, 2026.
Goldman Sachs raised its target to USD 10.50 from USD 9.30 on October 9, 2026.
Itaú Unibanco stock traded at EUR 8.73 at 11:32 a.m. CEST at Lang & Schwarz on October 21, 2026.
Second-quarter IFRS net income was USD 2.37 billion, up 20.9 percent year over year.

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Itaú Unibanco (ISIN US4655621062) has scheduled its third-quarter results for November 3, 2026, while Goldman Sachs raised its target for Itaú Unibanco stock to USD 10.50 from USD 9.30 on October 9, 2026, according to TheFly. The bank's investor-relations calendar lists the results after trading hours, as stated by Itaú Unibanco.

Second-quarter earnings set the base

For the second quarter of 2026, IFRS net income attributable to shareholders was USD 2.37 billion, up 20.9 percent from the same quarter of 2025. Operating revenue was USD 9.20 billion, up 32.6 percent year over year, according to Ticker Scout. The recurring managerial result was USD 2.46 billion, up 21.1 percent, while annualized recurring return on average equity reached 24.3 percent.

What did Goldman change

Goldman Sachs kept a Buy rating while increasing its target by USD 1.20, a 12.90 percent rise from USD 9.30 to USD 10.50. The latest reported quarter also carried a counter-signal: MarketBeat said earnings per share came in at USD 0.21 versus USD 0.22 expected, and revenue was USD 9.27 billion versus USD 9.29 billion expected, in its October 17, 2026 report.

Three dates frame the stock

On August 4, 2026, Itaú Unibanco reported second-quarter IFRS net income of USD 2.37 billion. On October 9, 2026, Goldman Sachs raised its target to USD 10.50 from USD 9.30. On October 21, 2026, the stock was trading at EUR 8.73 at Lang & Schwarz.

What comes next for the bank

The next scheduled company event is the third-quarter results release on November 3, 2026, after trading hours. The date gives the market a defined checkpoint for credit quality, recurring profit and return on equity after the second-quarter figures.

Stock trades ahead of results

Market capitalization stood at USD 106.9 billion as of October 20, 2026. The same market snapshot placed the 52-week range at USD 6.80 to USD 10.20, keeping the quoted stock below its upper boundary by USD 1.47. Itaú Unibanco is listed on the New York Stock Exchange under ITUB, according to MarketBeat.

The stock was trading at EUR 8.73 at Lang & Schwarz on October 21, 2026 at 11:32 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Itaú Unibanco stock.