TD Cowen sets USD 160.00 target for BNY Mellon stock

Published on 10/13/2026 at 17:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 13.30 percent to USD 5.70 billion in the second quarter. BNY Mellon stock costs EUR 126.50 on October 13, 2026, while NYSE was 0.86 percent below USD 142.85.

Analyst view and reporting date

TD Cowen initiated coverage with a Hold rating and a USD 160.00 target on October 8, 2026.
Second-quarter revenue rose 13.30 percent year over year to USD 5.70 billion.
BNY Mellon stock costs EUR 126.50 at Lang & Schwarz on October 13, 2026 at 5:11 p.m. CEST; the NYSE quote was 0.86 percent below USD 142.85.
BNY Mellon is scheduled to report third-quarter results on October 15, 2026, while its P/E is 16.52.

Isometrische 3D-Illustration der Bankprozesse von Verwahrung über Handel bis Berichtswesen — Isometrisches 3D-Diagramm der globalen Bankprozesse von Bank of New York Mellon ISIN US0640581007, Illustration mit AI erstellt.

TD Cowen initiated coverage of BNY Mellon stock with a Hold rating and a USD 160.00 price target on October 8, 2026, according to MarketBeat. Against the NYSE price of USD 141.62 at 11:21 a.m. ET on October 13, 2026, that target lies 12.98 percent above the price. BNY Mellon was trading at EUR 126.50 at Lang & Schwarz on October 13, 2026 at 5:11 p.m. CEST, after the Xetra close.

Second-quarter revenue reaches USD 5.70 billion

For the second quarter of 2026, BNY Mellon reported revenue of USD 5.70 billion, up 13.30 percent from the same period a year earlier. MarketBeat said the quarter also produced earnings per share of USD 2.46, compared with a consensus estimate of USD 2.16, a USD 0.30 difference.

The earnings comparison gives the target a concrete operating anchor. Revenue growth and the earnings beat contrast with the more cautious analyst stance from TD Cowen, which set its Hold rating and USD 160.00 target during a third-quarter preview.

Stock remains 14.60 percent below its high

BNY Mellon traded between USD 103.11 and USD 165.84 over the 52-week period, leaving the NYSE price of USD 141.62 at 14.60 percent below the high. The finance quote showed 633,017 shares traded against an average volume of 3,369,096 on October 13, 2026.

The home-market quote was 0.86 percent below its USD 142.85 prior close on October 13, 2026. The euro quotation is a separate Lang & Schwarz market indication for investors tracking the stock from Germany.

Valuation and October 15 report

BNY Mellon had a market capitalization of USD 97.2 billion and a price-to-earnings ratio of 16.52 on October 13, 2026. The next earnings date is October 15, 2026, according to JrHisse.

Comparison with peers

BNY: minus 0.86 percent, P/E 16.52, market capitalization USD 97.2 billion
State Street (NYSE, USD): minus 0.97 percent, P/E 15.28, market capitalization USD 47.9 billion
Blackstone (NYSE, USD): minus 3.06 percent, P/E 24.71, market capitalization USD 134.4 billion

EUR 126.50 after the Xetra close

At Lang & Schwarz, BNY Mellon was trading at EUR 126.50 on October 13, 2026 at 5:11 p.m. CEST, after the Xetra close. The NYSE quote stood at USD 141.62, 0.86 percent below USD 142.85 on the same date. The further course of trading is shown by the continuously updated real-time quote of BNY Mellon stock.