Huntington Bancshares stock heads into October 22 earnings after target cuts

Published on 10/07/2026 at 01:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Huntington Bancshares stock heads toward its October 22 earnings date after Keefe Bruyette cut its target to USD 18.00. Q2 revenue rose 46 percent.

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Huntington Bancshares stock (ISIN US4461501045) was last at USD 15.29 on Nasdaq on October 5, 2026, down 0.26 percent from the prior close. The bank's October 22 earnings date now gives investors a defined checkpoint after a fresh analyst target cut.

October 22 sets the next checkpoint

Huntington Bancshares said on September 30, 2026, that it will release third-quarter financial results before the market opens on October 22, 2026, followed by a conference call at 9:00 a.m. ET. The date is the next concrete test of whether loan growth and net interest income can offset the pressure described in recent guidance updates.

Keefe, Bruyette & Woods lowered its Huntington Bancshares price target from USD 19.50 to USD 18.00 on October 6, 2026, while maintaining a Market Perform rating, Investing.com reported. The revised target remains above the October 5 price, but the direction of the change puts earnings execution ahead of valuation support.

Q2 growth came with a wider base

For the quarter ended June 30, 2026, Huntington reported USD 2.86 billion in total revenue, up 46 percent from the prior-year quarter, according to Stock Titan. Fully taxable equivalent net interest income rose 40 percent to USD 2.07 billion, while noninterest income increased 67 percent to USD 785 million.

Adjusted EPS was USD 0.39 in Q2 2026, compared with USD 0.34 a year earlier. Net income attributable to Huntington reached USD 727 million, versus USD 536 million in the prior-year quarter, while average loans and leases rose 42 percent to USD 189.3 billion and average deposits increased 37 percent to USD 223.4 billion.

Consensus stays above the quote

MarketBeat lists a Moderate Buy consensus based on 22 analysts, including 1 Strong Buy, 13 Buy, 7 Hold and 1 Sell ratings. Its average price target is USD 19.55, with targets ranging from USD 17.00 to USD 23.00, versus USD 15.29 for the October 5 close.

The market is therefore weighing two different numbers: Q2 revenue growth of 46 percent and a lower analyst target from Keefe Bruyette. For investors, the October 22 release should clarify whether the reported expansion is translating into the earnings path behind the revised targets.

Huntington Bancshares stock holds below its yearly high

Huntington Bancshares stock closed at USD 15.29 on Nasdaq on October 5, 2026. The USD 30.9 billion market capitalization and the USD 14.82 to USD 19.45 52-week range place the quote USD 4.16 below the yearly high.