TradingView cuts target for Banco Macro stock to USD 114.95

Published on 10/08/2026 at 18:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 net income rose 39.00 percent to ARS 206.8 billion. Banco Macro stock traded at EUR 58.75 on October 8, 2026 after EUR 59.00.

Key points in brief

TradingView reported on October 2, 2026 that the average analyst target fell from USD 116.84 to USD 114.95.
Banco Macro reported ARS 206.8 billion in net income for the second quarter of 2026, up 39.00 percent quarter-on-quarter.
The stock was trading at EUR 58.75 at Lang & Schwarz on October 8, 2026, minus 0.42 percent versus the prior close.

BMA, US05961W1053, Illustration mit AI erstellt.

Banco Macro (ISIN US05961W1053) was trading at EUR 58.75 at Lang & Schwarz on October 8, 2026, after the prior close of EUR 59.00. On October 2, 2026, TradingView reported that the average target from eight analysts fell from USD 116.84 to USD 114.95, while the consensus remained Buy.

Three events shaped the stock

Banco Macro's quarterly calendar began with its fourth-quarter 2025 results on February 25, 2026, followed by the first-quarter 2026 release on May 27, 2026, according to the bank's Investor Relations calendar. The second-quarter 2026 release on August 19, 2026 reported net income of ARS 206.8 billion, giving the latest event in the sequence a concrete earnings figure.

Yahoo Finance reported on August 20, 2026 that second-quarter net income increased 39.00 percent quarter-on-quarter to ARS 206.8 billion. Adjusted net income was ARS 221.0 billion after ARS 14.2 billion of after-tax restructuring expenses.

What does the target cut change?

The USD 114.95 average target still stood 76.00 percent above the USD 65.91 U.S. reference price cited for October 7, 2026 by GuruFocus. The target reduction therefore narrowed the implied valuation gap while leaving the published consensus rating at Buy.

The earnings call also identified a counterweight: reported nonperforming loans reached 6.25 percent in the second quarter of 2026, while coverage was 95.4 percent. Management also guided to 2.00 percent to 5.00 percent real loan growth for 2026, a more cautious operating assumption than the earlier 15.00 percent to 20.00 percent range.

Next reporting date is November 25

Investing.com lists November 25, 2026 as Banco Macro's next earnings date. The bank's second-quarter release was dated August 19, 2026, and the next report will provide the first scheduled update after the analyst target revision.

After-hours price remains below prior close

Banco Macro was trading at EUR 58.75 at Lang & Schwarz on October 8, 2026 after-hours, down 0.42 percent versus the EUR 59.00 prior close dated October 7, 2026. The primary listing is the NYSE, where Banco Macro is quoted in USD; a separate finance quote showed USD 65.51 on October 8, 2026 at 3:59 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Banco Macro stock.