RBC Capital cuts target for BNP Paribas stock to EUR 105.00

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

BNP Paribas stock costs EUR 86.55 on October 21, 2026, 0.55 percent below the Xetra close. Third-quarter results are due on October 28, 2026.

Analyst revision and bank results

RBC Capital cut its BNP Paribas target from EUR 109.00 to EUR 105.00 on October 12, 2026.
Fiscal year 2025 revenue rose 4.90 percent to EUR 51.2 billion from EUR 48.8 billion.
BNP Paribas stock trades at EUR 86.55 at 10:32 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.55 percent below the Xetra close of October 20, 2026.

Fotorealistisches Panorama von La Défense Paris, Hochhäuser im Abendlicht — BNP Paribas S.A. FR0000131104 – Luftaufnahme des Pariser Finanzviertels La Défense im Abendlicht, Illustration mit AI erstellt.

BNP Paribas S.A. (ISIN FR0000131104) was trading at EUR 86.55 at Lang & Schwarz on October 21, 2026 at 10:32 a.m. CEST, down 0.55 percent versus the Xetra close of October 20, 2026 at EUR 87.03. Finanztrends reported that RBC Capital cut its target for BNP Paribas from EUR 109.00 to EUR 105.00 on October 12, 2026, while retaining an Outperform rating.

Target cut tests the valuation

The revised target remains 21.32 percent above the Lang & Schwarz price. That gap gives the analyst change a concrete valuation signal, even as the lower target points to a more cautious view of the banking outlook.

The next material company date is October 28, 2026. BNP Paribas plans to publish third-quarter 2026 results from 7:00 a.m. CET, according to the bank's investor calendar.

What do the results need to show?

The latest completed annual comparison provides the operating baseline. According to BNP Paribas, fiscal year 2025 revenue rose to EUR 51.223 billion from EUR 48.831 billion in fiscal year 2024, an increase of 4.90 percent. Net income attributable to the group increased to EUR 12.225 billion from EUR 11.688 billion, up 4.59 percent.

Three dated signals for investors

On June 1, 2026, BNP Paribas raised its Commercial Bank in Belgium pre-tax return on tangible equity target to 22.00 percent for 2028 and 25.00 percent for 2030. On July 23, 2026, the bank published its second-quarter 2026 results. On October 12, 2026, RBC Capital reduced its BNP Paribas target from EUR 109.00 to EUR 105.00 while keeping its Outperform rating.

Next date is October 28

The October 28, 2026 release is the next scheduled reporting date. The figures will provide the next test of revenue growth, net income and capital strength after the target revision.

Stock remains below its yearly high

BNP Paribas has a market capitalization of EUR 95.1 billion as of October 21, 2026, while its 52-week range is EUR 65.17 to EUR 113.94. The current euro quote therefore sits below the yearly high but above the yearly low.

BNP Paribas was trading at EUR 86.55 at Lang & Schwarz on October 21, 2026 at 10:32 a.m. CEST, 0.55 percent below the Xetra close of October 20, 2026 at EUR 87.03. The further course of trading is shown by the continuously updated real-time quote of BNP Paribas stock.