Citi raised target for XP stock from USD 23.00 to USD 25.00
Published on 10/08/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSXP (KYG982391099) was trading at EUR 26.19 at Lang & Schwarz on October 8, 2026 at 1:32 p.m. CEST, while Citi had raised its price target from USD 23.00 to USD 25.00, as Yahoo Finance reported on October 8, 2026. The Lang & Schwarz quote was down 1.36 percent versus its EUR 26.55 prior close dated October 7, 2026.
Three dated valuation milestones
On August 17, 2026, XP reported USD 0.53 earnings per share for the second quarter, USD 0.03 above consensus, with revenue of USD 943.55 million and 8.30 percent year-over-year growth, according to MarketBeat. On September 29, 2026, Citi lifted its target from USD 23.00 to USD 25.00, according to Yahoo Finance. On October 6, 2026, JPMorgan raised its target from USD 26.00 to USD 38.00 and kept an Overweight rating, according to Markets Insider.
What did the latest quarter deliver?
The second-quarter figures provide the operating base for the valuation debate. Revenue of USD 943.55 million exceeded the USD 935.15 million consensus cited by MarketBeat, while the 27.20 percent net margin and 8.30 percent revenue growth show both earnings delivery and continued expansion. The comparison is important because the higher targets require XP to convert operating leverage into earnings rather than rely only on a broader valuation multiple.
Two dates shape the next update
StockAnalysis lists November 16, 2026 as the next estimated earnings date. Investing.com lists November 24, 2026 for the next results publication, leaving the calendar with two published dates that investors will need to distinguish.
Targets rise as execution remains central
JPMorgan's USD 38.00 target is USD 12.00 above its previous USD 26.00 target, while Citi's revised USD 25.00 target is USD 2.00 above its earlier view. Yahoo Finance reported that analysts also adjusted revenue growth assumptions from 12.41 percent to 12.64 percent and net profit margin assumptions from 27.68 percent to 28.09 percent. Those estimates make the November results the next measurable test of the higher valuation case.
XP stock remains below its recent high
XP was trading at EUR 26.19 at Lang & Schwarz on October 8, 2026 at 1:32 p.m. CEST, down 1.36 percent versus the EUR 26.55 prior close at Lang & Schwarz dated October 7, 2026. The primary listing is on NASDAQ, where the October 7, 2026 quote was USD 29.53 and the 52-week range was USD 14.80 to USD 30.22.
The further course of trading is shown by the continuously updated real-time quote of XP stock.
XP stock at EUR 26.19
- Company: XP Inc.
- ISIN: KYG982391099
- Ticker: XP
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 8, 2026, 1:32 p.m. CEST: EUR 26.19
- Change versus prior close: minus 1.36 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 26.55
- Market capitalization: USD 15.4 billion as of October 8, 2026
- 52-week range: USD 14.80-30.22 as of October 7, 2026
- Sector / Industry: Financial Services / Financial - Capital Markets
Market context: Market report Nasdaq Composite.
