Baird Upgrades Huntington Bancshares Outlook to Outperform

Baird upgrades Huntington Bancshares outlook to Outperform with 27.67% upside potential. This could positively influence stock price as projected revenue increases by 18.48% and EPS forecast stands at 1.68.

Date: 08-03-2025

AI Rating: 7

Analyst Upgrades and Revenue Growth
The upgrade of Huntington Bancshares from Neutral to Outperform by Baird signals a potential positive shift in market perception. The estimated upside of 27.67% is substantial, suggesting that analysts believe the stock is undervalued at its current price.

Projected Annual Revenue and EPS
The report indicates that the projected annual revenue for Huntington Bancshares is expected to be 8,231 million, reflecting an impressive increase of 18.48%. This strong revenue growth can positively impact overall investor sentiment and contribute to a more favorable valuation of the stock.

The forecasted non-GAAP Earnings Per Share (EPS) of 1.68 further supports the potential for improved profitability. Higher EPS figures typically correlate with elevated stock prices, indicating strong financial health and operational efficiency within the company.

Institutional Sentiment
Furthermore, the report mentions an increase in institutional ownership by 42 funds, raising the total to 1,699. This growing institutional interest suggests increased confidence in the firm’s prospects. Conversely, some institutional stakeholders decreased their positions, which could imply mixed sentiments regarding the future performance of the stock.

In summary, the combination of an upgrade in outlook, projected revenue growth, and solid EPS estimates forecasts a positive trajectory for Huntington Bancshares. This information collectively implies a favorable reception in the market, potentially leading to an increase in stock prices.

Stocks: HBAN