HSBC raises Citigroup stock target from USD 161.00 to USD 164.00

Published on 10/01/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi posted USD 5.83 billion net income in the second quarter of 2026. Citigroup stock costs EUR 113.96 on October 1, 2026 versus EUR 114.65.

Fotorealistisches Luftbild des New Yorker Finanzviertels bei Sonnenaufgang — Citigroup Inc. zeigt globales Bankenzentrum Manhattan Skyline bei goldenem Sonnenaufgang über dem Finanzdistrikt US1729674242, Illustration mit AI erstellt.

Citigroup Inc. (ISIN US1729674242) has a new HSBC price target of USD 164.00, up from USD 161.00, while the bank kept its Buy rating on September 28, 2026, according to Markets Insider. The change gives the latest analyst view a concrete earnings-season reference point for Citigroup stock.

Second-quarter profit sets the bar

Citigroup generated USD 5.83 billion in net income during the second quarter of 2026, according to Yahoo Finance. That result was 45.00 percent higher than the USD 4.06 billion reported for the first quarter of 2026, giving the stock a stronger earnings base ahead of the next report.

Revenue before loan-loss provisions reached USD 24.77 billion in the second quarter of 2026, a 14.00 percent increase from USD 21.66 billion in the second quarter of 2025, the same Yahoo Finance report said. The comparison matters because HSBC's target revision was made in a preview of third-quarter results, when investors will test whether that growth can continue.

Third-quarter date brings the next test

Citigroup is scheduled to publish third-quarter 2026 results before the US market opens on October 13, 2026, with an earnings call at 11:00 a.m. ET, according to MarketBeat. The page lists consensus earnings per share of USD 2.67 and expected revenue of USD 23.72 billion for that quarter, setting two measurable benchmarks for the release.

Citigroup stock stays below its prior close

At Lang & Schwarz, Citigroup stock was trading at EUR 113.96 on October 1, 2026 at 10:05 a.m. CEST, down 0.60 percent versus the prior close of EUR 114.65 on September 30, 2026. The finance quote for Citigroup's NYSE listing showed a market capitalization of USD 222.1 billion and a 52-week range of USD 93.66 to USD 147.96 as of September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Citigroup stock.