Equita raised target for UniCredit stock to EUR 100

Published on 10/09/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit rose 22 percent to EUR 3.1 billion. UniCredit stock costs EUR 75.98 on October 9, 2026 after EUR 76.05, minus 0.09 percent.

Key points in brief

Equita raised its UniCredit target to EUR 100 while maintaining a Buy recommendation on September 28, 2026.
First-half 2026 revenue reached EUR 6.7 billion, up 13 percent year over year, while net profit rose 22 percent to EUR 3.1 billion.
UniCredit stock was at EUR 75.98 at Lang & Schwarz on October 9, 2026, down 0.09 percent versus the prior close.
Third-quarter results are scheduled for October 21, 2026, with the Commerzbank shareholder meeting set for May 19, 2027.

Makro-Fotografie von Euro-Scheinen mit holografischem Sicherheitsstreifen und Münzen — UniCredit IT0005239360 – Makro-Nahaufnahme von Euro-Banknoten mit schimmerndem Sicherheitsstreifen und unscharfen Münzstapeln im Hintergrund, Illustration mit AI erstellt.

Equita had raised its target for UniCredit stock to EUR 100 on September 28, 2026, while keeping a Buy recommendation, according to Teleborsa. UniCredit's first-half 2026 results showed EUR 6.7 billion of revenue, up 13 percent year over year, and EUR 3.1 billion of net profit, up 22 percent, per the company's investor materials dated July 23, 2026.

Three dates frame the takeover case

On July 23, 2026, UniCredit reported first-half revenue of EUR 6.7 billion through its investor materials. On September 10, 2026, its board authorized the share issue for the Commerzbank offer at an exchange ratio of 0.485 UniCredit shares for each Commerzbank share, as reported by The Asian Banker. On September 28, 2026, Equita lifted its target to EUR 100, according to Teleborsa.

What does EUR 100 imply?

At EUR 75.98, Equita's EUR 100 target lies 31.61 percent above the Lang & Schwarz price. The calculation puts the broker's valuation view well above the current German-market reference quote, while the target itself reflects scenarios involving UniCredit's German business and Commerzbank.

Results arrive October 21

UniCredit is scheduled to present its third-quarter 2026 results on October 21, 2026, according to finanzen.ch. The same report gives consensus estimates of EUR 1.90 earnings per share and EUR 6.49 billion of revenue for the quarter, compared with EUR 1.71 earnings per share and EUR 6.17 billion of revenue a year earlier. Teleborsa identifies May 19, 2027 as the date of Commerzbank's shareholder meeting, where its supervisory board is due for renewal.

Stock stays below the yearly high

UniCredit was trading at EUR 75.98 at Lang & Schwarz on October 9, 2026 at 1:00 p.m. CEST, down 0.09 percent versus the prior close of EUR 76.05. The finance snapshot places market capitalization at EUR 114.0 billion and the 52-week range at EUR 51.35 to EUR 86.42, both as of October 9, 2026.

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