67/100BUS Bancorp stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for US Bancorp is 69.53, 14.6% above the current price of 60.69. Their targets range from 64.00 to 76.00.
Of the 20 firms that rated US Bancorp in the past 12 months, 13 rate it buy or strong buy, 7 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 64.00 to 76.00, with an average of 69.53.
| Buy | 13 | |
| Hold | 7 | |
| Sell | 0 |
12-month price target
| Highest target | 76.00 |
| Average target | 69.53 |
| Lowest target | 64.00 |
| Current price | 60.69 |
US Bancorp price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their US Bancorp price target and rating?
How analysts rate US Bancorp, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
13 of 20 firms rate it buy now, against 12 of 18 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
US Bancorp analyst upgrades, downgrades and price targets
The latest rating change came on 20 July 2026, when Evercore ISI upgraded US Bancorp from In Line to Outperform. Its price target is 72.00, from 65.00. The most recent new target came from D.A. Davidson on 16 October 2026: 73.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 16 Oct 2026 | D.A. Davidson Peter Winter | — | 74.00 → 73.00 | -1.4% | 58.55 |
| 16 Oct 2026 | Morgan Stanley Manan Gosalia | — | 67.00 → 68.00 | +1.5% | 58.71 |
| 16 Oct 2026 | RBC Capital Gerard Cassidy | Reiterated · Outperform | 68.00 → 65.00 | -4.4% | 58.68 |
| 5 Oct 2026 | UBS | Reiterated · Neutral | 66.00 → 64.00 | -3.0% | 57.51 |
| 1 Oct 2026 | Truist Financial John McDonald | Reiterated · Buy | 69.00 → 67.00 | -2.9% | 56.27 |
| 28 Sept 2026 | HSBC | Reiterated · Buy | 62.00 → 76.00 | +22.6% | 58.97 |
| 24 Aug 2026 | RBC Capital Gerard Cassidy | Reiterated · Outperform | 61.00 → 68.00 | +11.5% | 62.33 |
| 20 Jul 2026 | Evercore ISI John Pancari | Upgraded · In Line → Outperform | 65.00 → 72.00 | +10.8% | 63.52 |
| 20 Jul 2026 | BTIG | — | 67.50 | — | 63.14 |
| 20 Jul 2026 | CLSA | — | 67.50 | — | 63.14 |
| 20 Jul 2026 | JP Morgan | Upgraded · Underweight → Neutral | — | — | — |
| 17 Jul 2026 | Truist Financial | Reiterated · Buy | 62.00 → 69.00 | +11.3% | 64.24 |
| 17 Jul 2026 | D.A. Davidson Peter Winter | — | 65.00 → 74.00 | +13.8% | 64.01 |
| 17 Jul 2026 | Stephens | Reiterated · Equal Weight | 67.00 | — | 64.01 |
| 17 Jul 2026 | Robert W. Baird | — | 68.00 | — | 64.01 |
| 17 Jul 2026 | Barclays Jason Goldberg | Reiterated · Overweight | 67.00 → 75.00 | +11.9% | 64.01 |
| 8 Jul 2026 | Raymond James Michael Rose | — | 72.00 | — | 62.89 |
| 7 Jul 2026 | UBS Erika Najarian | Reiterated · Neutral | 60.00 → 66.00 | +10.0% | 63.19 |
| 6 Jul 2026 | Wells Fargo Mike Mayo | Reiterated · Overweight | 52.00 → 66.00 | +26.9% | 61.73 |
| 6 Jul 2026 | Jefferies David Chiaverini | Upgraded · Hold → Buy | 60.00 → 75.00 | +25.0% | 61.73 |
| 29 Jun 2026 | Morgan Stanley Manan Gosalia | Reiterated · Equal Weight | 64.00 → 67.00 | +4.7% | 60.99 |
| 17 Apr 2026 | Truist Financial | Reiterated · Buy | 63.00 → 62.00 | -1.6% | 56.70 |
| 17 Apr 2026 | Morgan Stanley | — | 56.00 → 64.00 | +14.3% | 56.27 |
| 17 Apr 2026 | RBC Capital Gerard Cassidy | Reiterated · Outperform | 59.00 → 61.00 | +3.4% | 56.34 |
| 17 Apr 2026 | Oppenheimer | Reiterated · Outperform | 73.00 | — | 55.48 |
| 17 Apr 2026 | Barclays | Reiterated · Overweight | 65.00 → 67.00 | +3.1% | 55.48 |
| 16 Apr 2026 | Jefferies | — | 60.00 | — | 55.46 |
| 26 Mar 2026 | Truist Financial | — | 66.00 → 63.00 | -4.5% | 51.59 |
| 26 Feb 2026 | Truist Financial John McDonald | Upgraded · Hold → Buy | 61.00 → 66.00 | +8.2% | 56.05 |
| 5 Feb 2026 | Evercore ISI John Pancari | Reiterated · In Line | 60.00 → 65.00 | +8.3% | 59.05 |
| 4 Feb 2026 | UBS | — | 50.00 → 60.00 | +20.0% | 60.32 |
| 22 Jan 2026 | Argus Research | Reiterated · Buy | 63.00 | — | 56.53 |
| 21 Jan 2026 | RBC Capital | Reiterated · Outperform | 59.00 | — | 55.75 |
| 21 Jan 2026 | D.A. Davidson Peter Winter | — | 59.00 → 65.00 | +10.2% | 55.47 |
| 21 Jan 2026 | Truist Financial | Reiterated · Hold | 58.00 → 61.00 | +5.2% | 55.63 |
| 7 Jan 2026 | HSBC | — | 62.00 | — | 55.09 |
| 7 Jan 2026 | Wolfe Research | Downgraded · Outperform → Peer Perform | — | — | — |
| 6 Jan 2026 | Evercore ISI | — | 54.00 → 60.00 | +11.1% | 55.78 |
| 5 Jan 2026 | Barclays Jason Goldberg | Reiterated · Overweight | 65.00 | — | 53.93 |
| 18 Dec 2025 | Truist Financial | Reiterated · Hold | 52.00 → 58.00 | +11.5% | 54.30 |
US Bancorp EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect US Bancorp's EPS to grow 11.9% a year until 2028, faster than over the last 5 years (8.5% a year) and the last 3 years (7.7%).
Analysts expect US Bancorp's revenue to grow 7.1% a year until 2028, about as fast as over the last 5 years (4.2% a year) and the last 3 years (5.7%).
Revenue
EPS
Does US Bancorp beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 4.0% off the result, either way, and their revenue estimate 0.7%, over the last 12 quarters.
- EPS beats
- 69 / 133
- Revenue beats
- 65 / 118
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +4.0%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 15 Oct 2026 | 1.32 | 1.34 | +1.5% | 8.00B | 7.97B | -0.3% |
| Q2 FY2026 | 16 Jul 2026 | 1.28 | 1.35 | +5.5% | 7.58B | 7.71B | +1.8% |
| Q1 FY2026 | 16 Apr 2026 | 1.14 | 1.18 | +3.5% | 7.28B | 7.29B | +0.1% |
| Q4 FY2025 | 20 Jan 2026 | 1.19 | 1.26 | +5.9% | 7.32B | 7.36B | +0.6% |
| Q3 FY2025 | 16 Oct 2025 | 1.13 | 1.22 | +8.0% | 7.17B | 7.30B | +1.9% |
| Q2 FY2025 | 17 Jul 2025 | 1.07 | 1.11 | +3.7% | 7.05B | 6.98B | -1.0% |
| Q1 FY2025 | 16 Apr 2025 | 0.98 | 1.03 | +5.2% | 6.91B | 6.93B | +0.3% |
| Q4 FY2024 | 16 Jan 2025 | 1.04 | 1.07 | +2.9% | 7.00B | 6.98B | -0.3% |
| Q3 FY2024 | 16 Oct 2024 | 0.99 | 1.03 | +4.0% | 6.90B | 6.83B | -1.0% |
| Q2 FY2024 | 17 Jul 2024 | 0.94 | 0.98 | +4.3% | 6.81B | 6.84B | +0.4% |
| Q1 FY2024 | 17 Apr 2024 | 0.88 | 0.90 | +2.3% | 6.71B | 6.69B | -0.4% |
| Q4 FY2023 | 17 Jan 2024 | 0.98 | 0.99 | +1.0% | 6.85B | 6.88B | +0.4% |
US Bancorp stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If US Bancorp's earnings keep growing at the 11.8% a year analysts expect to FY2028, it would earn about 8.08 a share in FY2030. At the P/E it has traded at over the last five years (11.0 to 13.2) that is 88.82 to 106.95 a share, or 97.03 at its average P/E of 12.0. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 5.29 | 58.12 | 63.49 | 69.98 |
| FY2027 | 5.86 | 64.46 | 70.42 | 77.62 |
| FY2028 | 6.46 | 71.02 | 77.59 | 85.52 |
| FY2029 (extrapolated) | 7.23 | 79.43 | 86.76 | 95.63 |
| FY2030 (extrapolated) | 8.08 | 88.82 | 97.03 | 106.95 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 11.8% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (11.0, 12.0, 13.2).
Is US Bancorp stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
US Bancorp's P/E of 11.8 is above the middle of its 5-year range (7.6 to 16.4, median 11.5). Analysts expect faster growth than in recent years, which can explain part of the high P/E. Buyers pay less for each point of growth than usual: a PEG of 1.0 on expected growth against 1.3 on its median P/E and past five years' growth. At its usual P/E (11.5 × EPS of 5.13), US Bancorp's fair value is 58.76, close to the price of 60.69. Its forward P/E, on the consensus for FY2026, is 11.5.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (7.6 and 16.4). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 11.83
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 11.45
- Five-year P/E range
- 7.6 – 16.4
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 11.48
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.00
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +14.6%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 64.525 | 127.9762Price 64.53185 | +98.3% | |
| 28.410 | 56.3234Price 28.4196 | +98.2% | |
| 153.725 | 297.58169Price 153.73471 | +93.6% | |
| 243.002 | 464.71205Price 243.00627 | +91.2% | |
| 160.085 | 305.52160Price 160.09396 | +90.8% | |
| 37.565 | 71.4258Price 37.57193 | +90.1% | |
| 160.240 | 300.28225Price 160.24375 | +87.4% |
Furthest below the fair value on each stock's page, updated every day.