Wells Fargo & Company Issues Pessimistic Forecast for Huntington Bancshares (NASDAQ:HBAN) Stock Price

Posted by Francis Steltz on Sep 16th, 2026

Huntington Bancshares (NASDAQ:HBAN – Get Free Report) had its target price lowered by research analysts at Wells Fargo & Company from $23.00 to $21.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the bank’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 29.11% from the stock’s current price.

A number of other research analysts have also recently weighed in on HBAN. Evercore reissued an “outperform” rating and set a $21.00 price objective on shares of Huntington Bancshares in a research note on Monday, July 6th. JPMorgan Chase & Co. upped their price objective on Huntington Bancshares from $18.50 to $19.50 and gave the company an “overweight” rating in a research report on Monday, July 6th. Weiss Ratings raised Huntington Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, July 6th. Jefferies Financial Group set a $18.00 price objective on Huntington Bancshares in a research report on Thursday, July 23rd. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $19.00 target price (down from $21.00) on shares of Huntington Bancshares in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Huntington Bancshares presently has an average rating of “Moderate Buy” and an average price target of $20.15.

Check Out Our Latest Report on Huntington Bancshares

Huntington Bancshares Price Performance

Huntington Bancshares stock traded down $0.48 during trading hours on Wednesday, hitting $16.27. The stock had a trading volume of 35,826,110 shares, compared to its average volume of 26,831,186. Huntington Bancshares has a 1-year low of $14.89 and a 1-year high of $19.45. The stock has a market capitalization of $32.86 billion, a price-to-earnings ratio of 12.59, a PEG ratio of 0.91 and a beta of 0.92. The stock’s fifty day moving average is $17.36 and its two-hundred day moving average is $16.74. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.92 and a quick ratio of 0.91.

Huntington Bancshares (NASDAQ:HBAN – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. The firm had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.84 billion. Huntington Bancshares had a net margin of 16.64% and a return on equity of 11.19%. During the same period in the prior year, the company earned $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. As a group, analysts predict that Huntington Bancshares will post 1.61 earnings per share for the current fiscal year.

Insider Transactions at Huntington Bancshares

In other news, EVP Marcy C. Hingst sold 10,568 shares of Huntington Bancshares stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $18.00, for a total value of $190,224.00. Following the transaction, the executive vice president directly owned 267,859 shares of the company’s stock, valued at $4,821,462. The trade was a 3.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kendall A. Kowalski sold 27,971 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $17.20, for a total value of $481,101.20. Following the sale, the insider owned 70,025 shares of the company’s stock, valued at $1,204,430. The trade was a 28.54% decrease in their position. The SEC filing for this sale provides additional information. 0.67% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HBAN. MV Capital Management Inc. acquired a new stake in shares of Huntington Bancshares in the fourth quarter worth $25,000. Centennial Bank AR acquired a new position in shares of Huntington Bancshares during the 4th quarter valued at $28,000. Trust Co. of Vermont purchased a new stake in Huntington Bancshares during the 2nd quarter worth $29,000. Johnson Financial Group Inc. acquired a new stake in Huntington Bancshares in the 2nd quarter valued at $31,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in Huntington Bancshares by 80.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,226 shares of the bank’s stock valued at $35,000 after purchasing an additional 994 shares in the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

Key Huntington Bancshares News

Here are the key news stories impacting Huntington Bancshares this week:

Neutral Sentiment: Huntington presented at the Barclays 24th Annual Global Financial Services Conference, giving investors additional insight into its strategy and outlook. Huntington Bancshares Barclays conference presentation
Neutral Sentiment: The stock was described as heading into the latest session after a flat close, before the earnings-guidance revisions became the focus. Huntington Bancshares stock heads into the open
Negative Sentiment: Huntington lowered its fiscal 2026 EPS guidance to $1.52–$1.54, below the $1.60 analyst consensus. The cut signals that expected profitability is weaker than previously anticipated. Huntington Bancshares shares fall after guidance cut
Negative Sentiment: The company also forecast fiscal 2027 EPS of $1.75–$1.83, below the $1.88 consensus estimate. The below-consensus outlook may weigh on valuation and analyst expectations for future earnings. Huntington Bancshares revises 2027 adjusted earnings outlook
Negative Sentiment: Traders bought 6,134 HBAN put options, more than double the average daily volume of 2,910. Although options activity is not definitive, the surge suggests increased hedging or bearish speculation.

Huntington Bancshares Company Profile

(Get Free Report)

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides banking and financial services to consumers, businesses, institutions and government entities.

The company offers consumer and commercial deposit accounts, lending products, mortgage banking, wealth management, investment services, insurance, payment solutions and treasury management. Its lending activities include residential mortgages, auto loans, consumer credit, small-business financing and commercial loans.

Founded in 1866, Huntington serves customers through branches, digital banking channels and business offices across the Midwest and other selected markets.