Bank of America sets USD 23.60 target for IRSA stock

Published on 10/15/2026 at 18:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IRSA's meeting covers ARS 211.0 billion in dividends on October 22, 2026. IRSA stock costs EUR 12.55 on October 15, 2026, up 1.56 percent on NYSE.

Analyst coverage and shareholder date

Bank of America began coverage with a USD 23.60 target on October 13, 2026.
IRSA will hold its shareholder meeting on October 22, 2026, with dividends of ARS 211.0 billion on the agenda.
IRSA stock costs EUR 12.55 at Lang & Schwarz on October 15, 2026 at 6:33 p.m. CEST, up 1.56 percent on the NYSE.
IRSA had a P/E ratio of 0.98 and a market capitalization of USD 1.1 billion.

IRS, US4500473032, Illustration mit AI erstellt.

IRSA Inversiones y Representaciones (ISIN US4500473032) has a USD 23.60 price target after MarketBeat reported Bank of America initiated coverage with a Buy rating on October 13, 2026. The target stands 68.33 percent above the NYSE price of USD 14.02 at the finance data timestamp, while IRSA stock was trading at EUR 12.55 at Lang & Schwarz on October 15, 2026 at 6:33 p.m. CEST, up 1.56 percent on the NYSE.

Shareholder vote sets the next date

IRSA's next defined corporate date is October 22, 2026, when shareholders are scheduled to consider the fiscal year ended June 30, 2026 and a dividend distribution of up to ARS 211.0 billion. The company announced the meeting in an official notice dated September 17, 2026, published on its investor-relations site.

Range leaves room for movement

The NYSE quote stood at USD 14.02 on October 15, 2026 at 12:39 p.m. EDT, compared with a prior close of USD 13.80. Its 52-week range was USD 11.17 to USD 19.14, placing the price 26.76 percent above the low and 26.75 percent below the high. Trading volume was 45,473 shares against an average of 163,612.

Valuation and peer lines

IRSA carried a P/E ratio of 0.98, a dividend yield of 0.10 percent and a market capitalization of USD 1.1 billion on October 15, 2026. MarketBeat also reported quarterly earnings per share of USD 1.26 and revenue of USD 107.22 million for the quarter ended June 30, 2026.

Comparison with peers

IRSA (NYSE, USD): plus 1.56 percent, P/E 0.98, market capitalization USD 1.1 billion
Cresud (NYSE, USD): plus 1.12 percent, P/E 6.90, market capitalization USD 800.4 million
Vornado Realty Trust (NYSE, USD): plus 2.83 percent, P/E 1,005.14, market capitalization USD 6.2 billion

What comes next for IRSA

The October 22 meeting links the valuation discussion to a concrete shareholder decision, including the proposed dividend ceiling and the approval of the fiscal 2026 financial result. The next disclosed date is therefore the shareholder meeting rather than another reporting release.

Price stays below the yearly high

IRSA stock was trading at EUR 12.55 at Lang & Schwarz on October 15, 2026 at 6:33 p.m. CEST, up 1.56 percent on the NYSE. The euro quotation remains 26.75 percent below the USD 19.14 52-week high, a comparison stated in different currencies and therefore not used as a price calculation. The further course of trading is shown by the continuously updated real-time quote of IRSA stock.