USB trades 16.2% below Wall Street's consensus target of $69.80.
Last 12 months price action with 12-month analyst target path
The base valuation assumes USB achieves its forward estimates and maintains a stable P/E multiple of 11.5x. This scenario reflects the blended consensus of 49 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 20, 2026, U.S. Bancorp (USB) has a Wall Street consensus price target of $69.80, based on estimates from 49 covering analysts. With the stock currently trading at $60.06, this represents a potential upside of +16.2%. The company has a market capitalization of $93.56B.
Analyst price targets range from a low of $66.00 to a high of $75.00, representing a 13% spread in expectations. The median target of $68.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 25 analysts rating the stock as a Buy or Strong Buy,22 rating it Hold, and 2 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, USB trades at a trailing P/E of 13.0x and forward P/E of 11.5x. The forward PEG ratio of 1.35 indicates reasonable valuation for growth. Analysts expect EPS to grow +3.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $72.35, with bear and bull scenarios of $45.58 and $95.33 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 WFCWells Fargo & Company | $263.5B | $86.12 | $98.83 | +14.8% | Hold | 11.8x | 60 |
 PNCThe PNC Financial Services Group, Inc. | $93.0B | $233.17 | $279.36 | +19.8% | Buy | 12.3x | 46 |
 TFCTruist Financial Corporation | $60.5B | $48.56 | $54.86 | +13.0% | Buy | 10.5x | 54 |
 CFGCitizens Financial Group, Inc. | $28.4B | $67.04 | $80.40 | +19.9% | Buy | 12.6x | 38 |
 FITBFifth Third Bancorp | $48.0B | $52.91 | $62.13 | +17.4% | Buy | 17.3x | 51 |
 HBANHuntington Bancshares Incorporated | $32.1B | $15.88 | $20.11 | +26.6% | Hold | 11.6x | 49 |
 RFRegions Financial Corporation | $24.3B | $28.50 | $33.11 | +16.2% | Hold | 10.8x | 52 |
 JPMJPMorgan Chase & Co. | $936.9B | $349.67 | $373.64 | +6.9% | Buy | 14.1x | 61 |
 BACBank of America Corporation | $409.7B | $57.73 | $66.00 | +14.3% | Buy | 12.5x | 54 |
 CCitigroup Inc. | $226.0B | $131.80 | $150.18 | +13.9% | Buy | 11.8x | 27 |
Quick answers to the most common questions about buying USB stock.
U.S. Bancorp (USB) has a consensus 12-month price target of $69.8, implying 16.2% upside from $60.06. The 49 analysts covering USB see moderate appreciation potential.
USB has a consensus rating of "Buy" based on 49 Wall Street analysts. The rating breakdown is predominantly bullish, with 25 Buy/Strong Buy ratings. The consensus 12-month price target of $69.8 implies 16.2% upside from current levels.
With a forward P/E of 11.5029x, USB trades at a relatively low valuation. The consensus target of $69.8 implies 16.2% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $75 for USB, while the most conservative target is $66. The consensus of $69.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $95 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
USB is heavily covered by Wall Street, with 49 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 24 have Buy ratings, 22 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month USB stock forecast based on 49 Wall Street analysts shows a consensus price target of $69.8, with estimates ranging from $66 (bear case) to $75 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $72, with bear/bull scenarios of $46/$95.
Our quantitative valuation model calculates USB's fair value at $72 (base case), with a bear case of $46 and bull case of $95. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.
USB trades at a forward P/E ratio of 11.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on USB, with a "Buy" consensus rating and $69.8 price target (16.2% upside). 25 of 49 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
USB analyst price targets range from $66 to $75, a 13% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $69.8 consensus represents the middle ground. Our model's $46-$95 range provides an independent fundamental perspective.
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.