UBS cuts target for U.S. Bancorp stock to USD 64.00

Published on 10/06/2026 at 17:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS cut its target from USD 66.00 to USD 64.00 on October 5, 2026. U.S. Bancorp stock had a USD 89.5 billion market value on October 6, 2026.

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UBS lowered its U.S. Bancorp price target from USD 66.00 to USD 64.00 on October 5, 2026, while keeping a Neutral rating, according to Markets Insider. The revised target lies 11.43 percent above the NYSE quote of USD 57.43 recorded at 11:19 a.m. EDT on October 6, 2026.

UBS trims its valuation case

The UBS move is the latest in a cluster of target changes ahead of U.S. Bancorp's third-quarter report. Benzinga reported that JPMorgan cut its target from USD 69.00 to USD 65.00 on October 2, while Evercore ISI lowered its target from USD 72.00 to USD 65.00 on October 1.

The target revisions contrast with the bank's latest reported quarter. According to MarketBeat, U.S. Bancorp posted USD 1.35 in earnings per share and USD 7.69 billion in revenue for the second quarter of 2026, versus consensus estimates of USD 1.28 and USD 7.58 billion. Revenue exceeded the estimate by USD 0.11 billion, while earnings per share exceeded consensus by USD 0.07.

Results date sets the next test

U.S. Bancorp is scheduled to release third-quarter 2026 results before the opening bell on October 15, 2026, according to Benzinga. The consensus call cited by the outlet is USD 1.31 in earnings per share and USD 8.00 billion in revenue for the quarter, compared with USD 1.22 and USD 7.33 billion in the year-ago period.

That forecast implies earnings per share growth of 7.38 percent and revenue growth of 9.14 percent against the year-ago comparison. For investors, the central question is whether fee income and net interest income can support those estimates after the recent target reductions.

NYSE quote and valuation range

The NYSE quote was USD 57.43 at 11:19 a.m. EDT on October 6, 2026, up USD 0.16, or 0.28 percent, from the prior close of USD 57.27. U.S. Bancorp's market capitalization was USD 89.5 billion on the same date, and its 52-week range was USD 45.02 to USD 66.08.