UBS cuts target for PNC stock from USD 288.00 to USD 286.00

Published on 10/07/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNC declared a USD 2.00 quarterly dividend on October 2, 2026. PNC stock costs EUR 195.00 on October 7, 2026 after EUR 195.50.

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PNC stock was trading at EUR 195.00 at Lang & Schwarz on October 7, 2026 at 3:18:59 p.m. CEST, down 0.26 percent versus the prior close of EUR 195.50. On October 5, 2026, MarketBeat reported that UBS lowered its PNC target from USD 288.00 to USD 286.00 while maintaining a Buy rating.

UBS trims target but keeps Buy

The UBS move is the latest signal of divided expectations around PNC's valuation. The new USD 286.00 target stands 29.94 percent above the prior-close reference of USD 220.11 cited by MarketBeat, using the source's price basis rather than the separate euro quote.

MarketBeat listed 22 analyst ratings on October 7, 2026, including 16 Buy ratings, 5 Holds and 1 Strong Buy. Its average target was USD 268.35, which represented 21.92 percent upside from the USD 220.11 reference price shown on that page.

Second-quarter earnings set the base

PNC's second-quarter 2026 results provide the operating backdrop for the target revisions. MarketBeat reported adjusted earnings per share of USD 4.85 against a USD 4.46 consensus estimate, while revenue reached USD 6.88 billion versus USD 6.51 billion expected. Revenue was up 21.40 percent year over year.

The standardized financial data for the quarter ended June 30, 2026 shows diluted earnings per share of USD 4.81 and net income of USD 2.055 billion. Compared with the first quarter's USD 1.772 billion net income, second-quarter net income increased by USD 283.00 million, or 15.97 percent.

Dividend and next reporting date

PNC Financial Services Group declared a USD 2.00 quarterly cash dividend on October 2, 2026. The dividend is payable on November 5, 2026, to shareholders of record on October 14, 2026.

The company's investor-relations calendar lists the third-quarter 2026 earnings conference call for October 15, 2026 at 10:00 a.m. EDT. That date gives the next scheduled test of PNC's revenue and earnings trajectory after the second-quarter revenue increase.

Euro quote remains below the yearly high

On the NYSE, PNC was last quoted at USD 220.16 on October 6, 2026, with a 52-week range of USD 176.88 to USD 258.96 and market capitalization of USD 87.8 billion. The separate Lang & Schwarz indication in euros was EUR 195.00 on October 7, 2026 at 3:18:59 p.m. CEST, versus EUR 195.50 at the prior close. The further course of trading is shown by the continuously updated real-time quote of PNC stock.