Seaport cuts target for Bread Financial stock to USD 121.00

Published on 10/08/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income rose 5.00 percent to USD 146.0 million. Bread Financial stock costs EUR 86.75 on October 8, 2026 versus EUR 86.50.

BFH, US0185811082, Illustration mit AI erstellt.

Bread Financial (US0185811082) was trading at EUR 86.75 at Lang & Schwarz on October 8, 2026 at 11:12 a.m. CEST, while Seaport Research lowered its target from USD 123.00 to USD 121.00 on October 7, 2026, as reported by MarketWatch. The cut leaves the target above the euro quote only as a separate currency reference, so the key investor issue is the contrast between a cautious analyst revision and solid second-quarter operating figures.

Second-quarter income rose 5.00 percent

According to MetaTrader, Bread Financial reported USD 993.0 million of total net interest and non-interest income in the second quarter of 2026, up 7.00 percent from USD 929.0 million in the second quarter of 2025. Net income reached USD 146.0 million, compared with USD 139.0 million a year earlier, while diluted earnings per share increased to USD 3.55 from USD 2.94.

The credit picture also improved in the same report period. Bread Financial's net principal loss rate declined to 6.98 percent in the second quarter of 2026 from 7.88 percent in the second quarter of 2025, while the delinquency rate fell to 5.25 percent from 5.73 percent.

October 22 results date adds a test

Bread Financial's next scheduled disclosure is its third-quarter 2026 results conference call on October 22, 2026, at 8:30 a.m. ET, according to Markets Insider. That date puts the next test on loan growth, credit losses and whether the full-year net principal loss rate outlook of 7.00 percent to 7.10 percent remains achievable.

A separate company update dated October 7, 2026 said Bread Financial's annual giving campaign directed USD 2.1 million to 1,013 nonprofits, according to the Bread Financial Newsroom. The announcement is not a financial forecast, but it confirms the company continues to present itself as a broad payment, lending and saving platform.

Stock remains below its yearly high

At Lang & Schwarz, the EUR 86.75 price was plus 0.29 percent versus the EUR 86.50 prior close on October 8, 2026. The primary listing is on the NYSE, where the finance quote showed a USD 3.9 billion market capitalization, a USD 53.83 to USD 114.53 52-week range and 492,714 shares of volume as of October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Bread Financial stock.