Truist Financial stock closes at USD 48.04 as analysts set USD 55.12 target
Published on 09/23/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Truist Financial stock (ISIN US89832Q1094) closed at USD 48.04 on Nasdaq on September 22, 2026, down USD 0.96, or 1.96 percent, from the prior close. The market move gives the bank a concrete valuation anchor before its next reported quarter.
Analyst target stays above price
According to MarketBeat on September 23, 2026, JPMorgan raised its Truist Financial price objective from USD 53.00 to USD 54.00 while keeping an Underweight rating, a USD 1.00 increase. The same report cites an average analyst rating of Hold and a consensus price target of USD 55.12.
The comparison is clear: the consensus target stands USD 7.08 above the September 22 closing price, while JPMorgan's revised target is USD 5.96 higher. That gap reflects analyst expectations rather than a company forecast and leaves the rating split visible in the reported data.
Upcoming quarter sets the test
MarketBeat lists third-quarter 2026 earnings for October 16, 2026, with consensus EPS of USD 1.12 and expected revenue of USD 5.35 billion. The source records actual EPS and revenue as pending, so the next report is the key scheduled numerical checkpoint for the bank.
The reported annual estimate is USD 4.61 EPS for the current year, according to MarketBeat on September 23, 2026. Together, the USD 1.12 quarterly estimate and USD 4.61 annual estimate frame the earnings hurdle without treating either figure as reported performance.
Stock remains below consensus target
Truist Financial closed at USD 48.04 on Nasdaq on September 22, 2026, while the reported market capitalization was USD 58.68 billion. The price, consensus target and scheduled EPS estimate provide three dated reference points for assessing the stock ahead of the October report.
Truist Financial stock data
- Company: Truist Financial Corporation
- ISIN: US89832Q1094
- Ticker: TFC
- Trading venue: NYSE
- Price as of September 22, 2026: USD 48.04
- Daily change: -1.96 percent
- Market capitalization: USD 58.68 billion as of September 23, 2026
- Sector / Industry: Financials / Banks
