Oppenheimer Boosts U.S. Bancorp (NYSE:USB) Price Target to $77.00

Posted by Stanley Muller on Jul 17th, 2026

U.S. Bancorp logo U.S. Bancorp (NYSE:USB – Get Free Report) had its target price raised by analysts at Oppenheimer from $73.00 to $77.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Oppenheimer’s target price would indicate a potential upside of 20.45% from the stock’s previous close.

USB has been the topic of a number of other reports. Morgan Stanley raised their target price on U.S. Bancorp from $64.00 to $67.00 and gave the stock an “equal weight” rating in a report on Monday, June 29th. Stephens boosted their price target on U.S. Bancorp from $63.00 to $67.00 and gave the company an “equal weight” rating in a report on Friday. JPMorgan Chase & Co. upped their price target on U.S. Bancorp from $57.50 to $65.00 and gave the stock an “underweight” rating in a research report on Monday, July 6th. Wall Street Zen raised U.S. Bancorp from a “sell” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Wells Fargo & Company lifted their price objective on U.S. Bancorp from $66.00 to $69.00 and gave the company an “overweight” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, U.S. Bancorp has an average rating of “Moderate Buy” and an average target price of $66.52.

View Our Latest Report on USB

U.S. Bancorp Stock Performance

NYSE USB traded down $0.08 during trading hours on Friday, hitting $63.93. 3,751,830 shares of the company’s stock traded hands, compared to its average volume of 9,993,647. U.S. Bancorp has a 52 week low of $43.46 and a 52 week high of $64.84. The firm has a market capitalization of $99.16 billion, a P/E ratio of 13.40, a P/E/G ratio of 1.08 and a beta of 0.96. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.03. The business’s fifty day moving average price is $57.74 and its two-hundred day moving average price is $56.03.

U.S. Bancorp (NYSE:USB – Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.07. The business had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $7.58 billion. U.S. Bancorp had a net margin of 18.01% and a return on equity of 13.55%. During the same period last year, the firm earned $1.11 earnings per share. Equities research analysts predict that U.S. Bancorp will post 5.11 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Venkatachari Dilip sold 34,522 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.52, for a total transaction of $1,916,661.44. Following the completion of the transaction, the executive vice president directly owned 51,292 shares of the company’s stock, valued at approximately $2,847,731.84. This trade represents a 40.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jodi L. Richard sold 40,000 shares of U.S. Bancorp stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $57.00, for a total transaction of $2,280,000.00. Following the completion of the sale, the insider owned 207,251 shares in the company, valued at approximately $11,813,307. This represents a 16.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On U.S. Bancorp

Large investors have recently made changes to their positions in the company. Dogwood Wealth Management LLC boosted its stake in U.S. Bancorp by 32.9% during the second quarter. Dogwood Wealth Management LLC now owns 687 shares of the financial services provider’s stock valued at $41,000 after buying an additional 170 shares during the last quarter. Paulson Wealth Management Inc. grew its holdings in shares of U.S. Bancorp by 2.0% in the fourth quarter. Paulson Wealth Management Inc. now owns 8,780 shares of the financial services provider’s stock valued at $469,000 after purchasing an additional 173 shares in the last quarter. Gilbert & Cook Inc. increased its position in U.S. Bancorp by 1.2% in the fourth quarter. Gilbert & Cook Inc. now owns 15,590 shares of the financial services provider’s stock worth $832,000 after purchasing an additional 184 shares during the last quarter. Flputnam Investment Management Co. raised its stake in U.S. Bancorp by 1.4% during the fourth quarter. Flputnam Investment Management Co. now owns 13,721 shares of the financial services provider’s stock valued at $732,000 after purchasing an additional 186 shares in the last quarter. Finally, Formidable Asset Management LLC raised its stake in U.S. Bancorp by 0.8% during the first quarter. Formidable Asset Management LLC now owns 23,373 shares of the financial services provider’s stock valued at $1,247,000 after purchasing an additional 186 shares in the last quarter. 77.60% of the stock is owned by institutional investors.

Key Headlines Impacting U.S. Bancorp

Here are the key news stories impacting U.S. Bancorp this week:

Positive Sentiment: U.S. Bancorp delivered stronger-than-expected Q2 results, with record revenue and earnings above consensus, suggesting operating momentum is improving. U.S. Bancorp Q2 Earnings Beat Estimates on NII & Fee Revenue Growth
Positive Sentiment: The company raised its FY 2026 revenue guidance, which signals management expects the recent growth trend to continue. U.S. Bancorp Reports Record Revenue, Raises Outlook
Positive Sentiment: Several analysts lifted price targets after the results, including Wells Fargo, Truist, RBC, and KBW, reinforcing a more constructive outlook for the stock. U.S. Bancorp Analysts Boost Their Forecasts After Upbeat Q2 Results
Neutral Sentiment: Despite the beat, some commentary noted expense growth as a potential offset, which may limit how much investors reward the quarter. U.S. Bancorp Q2 earnings beat, but expense growth disappoints

About U.S. Bancorp

(Get Free Report)

U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.

Headquartered in Minneapolis, Minnesota, U.S.