What is USB stock price target for 2026?

WallStSmart's 12-month price target for U.S. Bancorp is $52.29, representing 6.9% downside from the current price of $56.17.

What is USB stock forecast?

U.S. Bancorp forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

USB

U.S. Bancorp

NYSE: USB · FINANCIAL SERVICES · BANKS - REGIONAL

$56.17

-0.07% today

Updated 2026-04-29

Market cap

$87.34B

P/E ratio

11.78

P/S ratio

3.28x

EPS (TTM)

$4.77

Dividend yield

3.66%

52W range

$39 – $61

Volume

9.9M

Market cap

$87.34B

P/E ratio

11.78

P/S ratio

3.28x

EPS (TTM)

$4.77

Dividend yield

3.66%

52W range

$39 – $61

Volume

9.9M

U.S. Bancorp (USB) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$56.17

Consensus

$59,580.00

+105970.86%

2030 Target

$293.92

+423.27%

DCF

—

Current price

$56.17

Analyst consensus

$59,580.00

+105970.86%

2030 Target

$293.92

+423.27%

Intrinsic (DCF)

—

20 analysts:

12 Buy7 Hold2 Sell

Management guidance

No specific revenue targets disclosed by CEO Gunjan Kedia in available guidance. Management focus remains on fee-income growth initiatives (Avvance lending platform expansion, Amazon small-business card acquisition) and operational efficiency ($20-50M annual savings from 2026 brokerage platform transition with $0.01-$0.03 EPS impact).

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$491.65

$37.6B Rev × 20x P/S

Base case (2030)

$293.92

$37.6B Rev × 12x P/S

Bear case (2030)

$197.73

$37.6B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$40.6B	$42.7B	$42.9B	$30.6B	$32.2B	$33.9B	$35.7B	$37.6B
Revenue growth	—	5.1%	0.3%	15.9%	5.3%	5.3%	5.3%	5.3%
EPS	$4.32	$3.98	$4.62	$5.09	$5.65	$6.28	$6.97	$7.74
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$240.48	$251.17	$267.20	$277.89	$293.92

Catalysts & risks

Growth catalysts

+ Amazon small-business credit card program acquisition expanding payments/fee income

+ Avvance embedded lending platform expansion driving point-of-sale lending growth

+ Brokerage platform transition expected to yield $20-50M annual cost savings

+ Tax credit syndication revenue growth (raised $5.7B in 2025)

+ Wealth management expansion under new Global Investment Services leadership

+ Fee-income diversification away from net interest margin pressure

Key risks

- Regional bank exposure to commercial real estate credit deterioration and regional economic slowdown

- Net interest margin compression if Federal Reserve maintains elevated rate environment longer than expected

- Integration execution risk on Amazon card program and technology platform transition

- Rising deposit competition and funding cost pressures in low-rate environment

- Regulatory headwinds for regional bank M&A and capital deployment

- Macroeconomic sensitivity: consumer credit quality deterioration would pressure loan losses

Methodology

U.S. Bancorp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 20 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.