Huntington Bancshares stock gains as guidance cuts reset targets

Published on 09/22/2026 at 13:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DA Davidson cut its target to USD 20 from USD 22 on September 21, 2026, while keeping Buy. Second-quarter EPS reached USD 0.39 on revenue of USD 2.86 billion.

Makro-Foto gestapelter US-Münzen mit Adlerrelief, goldenes Licht, grüner Geldscheinhintergrund — Huntington Bancshares US4461501045 Makro Detailaufnahme gestapelter US Münzen mit Adlerrelief in goldenem Licht, Illustration mit AI erstellt.

Huntington Bancshares stock (ISIN US4461501045) closed at USD 16.02 on Nasdaq on September 21, 2026, up 0.85 percent from the prior session. The move followed a sharp guidance reset that has pushed analyst targets lower while leaving the shares below their USD 19.46 52-week high.

Targets fall after guidance reset

As Investing.com reported on September 21, 2026, DA Davidson lowered its Huntington Bancshares price target from USD 22.00 to USD 20.00 and retained a Buy rating. The USD 2.00 reduction is the clearest quantified sign that the bank's revised earnings and net interest income outlook has changed the valuation discussion.

A separate market overview placed the consensus rating at Moderate Buy and the average target at USD 20.11 on September 21, 2026, compared with the USD 16.02 Nasdaq close. That gap is a market-data comparison, not a forecast from this article, and it shows that the stock price remains below the published target range even after the reduction.

Quarterly numbers remain measurable

Huntington Bancshares reported second-quarter 2026 earnings of USD 0.39 per share, matching consensus, and revenue of USD 2.86 billion versus an estimate of USD 2.84 billion, according to MarketBeat on September 22, 2026. Revenue therefore exceeded the cited estimate by USD 20 million, while quarterly EPS was USD 0.05 above the USD 0.34 reported for the same quarter of 2025.

The same September 22, 2026 report cited a net margin of 16.64 percent and return on equity of 11.19 percent for the latest reported quarter. Those figures provide the operating counterweight to the guidance reduction: the latest quarterly result met the EPS estimate, but the forward outlook has become the more important valuation variable.

Stock stays below yearly high

Nasdaq data reflected in the September 21, 2026 close put the shares at USD 16.02, within the USD 14.89 to USD 19.46 52-week range. The close was USD 3.44 below the yearly high and USD 1.13 above the yearly low, while the market capitalization was reported at about USD 32.41 billion on September 22, 2026.

MarketBeat also cited Huntington Bancshares guidance of USD 1.90 to USD 1.93 EPS for fiscal year 2026 in its September 22, 2026 company overview. The published guidance range is above the cited current-year analyst expectation of USD 1.53 EPS, but the recent target cuts show that analysts are weighing the durability of net interest income and loan growth against that formal range.

Nasdaq price remains the reference

Huntington Bancshares stock closed at USD 16.02 on Nasdaq on September 21, 2026, with a daily gain of 0.85 percent. The next valuation checkpoint is whether future operating figures can support the fiscal year 2026 EPS guidance after the September target revisions.