USB US BANCORP DE

BULLISH Impact: 3/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-USB-truistse-20260226
13 firms acted on USB: Jefferies, Truist Securities, Wolfe Research, Raymond James, Wolfe Research, JP Morgan, Truist Securities, DA Davidson, Raymond James, Citigroup, Deutsche Bank, Morgan Stanley, JP Morgan
Final — all horizons settled through T+60d
USB ▼ -4.71% at T+60d
LONG call ✗ call lost -4.71% · α vs SPY -12.46% · entry $57.26 → $54.56
Currently $58.94 · +2.94% from $57.26 entry
Entry anchored
Feb 25, 03:59 PM ET
via Databento tick
T+1d
-4.59%
call -4.59% · α -4.14%
$54.63
settled 4mo ago
T+5d
-5.89%
call -5.89% · α -4.76%
$53.89
settled 3mo ago
T+20d
-9.89%
call -9.89% · α -3.48%
$51.60
settled 3mo ago
T+60d
-4.71%
call -4.71% · α -12.46%
$54.56
settled 22d ago

Price Chart

Loading chart...

Executive Summary

Truist Securities upgraded U.S. Bancorp from Hold to Buy on February 26, 2026, raising its price target from $61 to $66, representing 16.5% upside from the current price of $56.66. The move is part of a cluster of 13 analyst actions on USB, signaling broad Street attention. Truist has a 71% accuracy rate on 7 USB calls with an average return of 7.8%, placing it in the middle tier of covering firms. Consensus is mixed: 58% Buy (18 of 31 analysts), 35% Hold, 6% Sell. The mean price target is $63.15, implying 11.5% upside, while Truist's $66 sits above the median. EPS revisions show strong upward momentum (11 upward, 0 downward in the last 7 days for the current fiscal year). However, insider selling persists with three large trades totaling >$5M in recent months, and short interest is elevated at 58.3%. Institutional moves are mixed, with Norges Bank making a new $1.89B entry but Two Sigma and Renaissance exiting. The convergence of upward analyst revisions and rising EPS estimates counterbalances bearish insider and short signals. Bottom line: the upgrade adds conviction to a stock already seeing positive estimate momentum, but traders should weigh the high short interest and insider sales.

Impact Score

Base Score
1/7
LLM Adjustment
+2
Final Score
3/10

Consensus & Targets

Buy / Strong Buy
18 (58%)
Hold
11
Sell / Strong Sell
2
Total Analysts
20
Mean PT
$63.15
Median PT
$62.50
High PT
$73.00
Low PT
$58.00
Current Price
$56.66
Implied Upside
+11.5%

Of 31 analysts covering USB, 6 rate it Strong Buy, 12 Buy, 11 Hold, 2 Sell, and 0 Strong Sell. That yields 58% Buy-rated, 35% Hold, 6% Sell — a leaning positive but not decisive consensus.

Current price: $56.66. Mean target: $63.15 (+11.5%). Median: $62.50. High: $73 (Oppenheimer). Low: $58 (JP Morgan). Truist's $66 target is 4.5% above the mean and 5.6% above the median, putting it in the bullish camp.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-30 JP Morgan maintain Underweight $57.50
2026-04-29 Oppenheimer maintain Outperform $74.00
2026-04-29 Evercore ISI Group maintain In-Line $60.00
2026-04-17 Oppenheimer maintain Outperform $73.00
2026-04-17 Barclays maintain Overweight $67.00
2026-04-17 RBC Capital maintain Outperform $61.00
2026-04-17 DA Davidson maintain Buy $65.00
2026-04-17 Truist Securities maintain Buy $62.00
2026-04-07 JP Morgan maintain Underweight $58.00
2026-04-06 Evercore ISI Group maintain In-Line $58.00

In the 30 days through April 30, there were 0 upgrades and 0 downgrades for USB, but EPS revisions tell a different story. For the current fiscal year, 11 analysts raised estimates in the last 7 days (none lowered), and 10 of 11 raised in the last 30 days. One‑year forward EPS also saw 9 upward revisions vs. 0 down. Estimates are clearly being revised higher.

Firm Track Record — Truist Securities

Truist Securities accuracy: 55% on 3795 calls | avg return: 3.1%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
B of A Securities 100% 2/2 11.3% top tier
RBC Capital 100% 4/4 13.1% top tier
Goldman Sachs 100% 7/7 13.2% top tier
UBS 100% 3/3 13.5% top tier
Morgan Stanley 88% 7/8 8.1% top tier
Citigroup 83% 5/6 5.4% top tier
Oppenheimer 73% 8/11 3.5% top tier
Wells Fargo 71% 5/7 10% top tier
DA Davidson 71% 5/7 8.5% top tier
Evercore ISI Group 71% 5/7 7.7% top tier

Truist Securities has a 71% accuracy on 7 USB ratings with an average return of 7.8% per call — above the covered firm average. Best performers on USB include BofA Securities (100% on 2 calls, +11.3% avg return) and RBC Capital (100% on 4 calls, +13.1%). Weakest are Jefferies, Barclays, and Piper Sandler (each 50% accuracy).

Earnings Estimates

Next earnings: Jul 16, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
+1y $5.64 $5.37 — $5.90 $32.1B ↑9 ↓0
+1q $1.31 $1.27 — $1.35 $7.8B ↑0 ↓0
0y $5.10 $4.98 — $5.20 $30.4B ↑11 ↓0
0q $1.26 $1.20 — $1.30 $7.5B ↑2 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 3 sells
Institutional
NORGES BANK — new
Institutional
TWO SIGMA INVESTMENTS, LP — near_exit (-76.3%)
Institutional
NORGES BANK — exit (-100%)
Short Interest
Short: 1,169,162 | Exempt: 405 | TRF Vol: 2,003,718 | Short Ratio: 58.3% | Off-exchange volume (dark pool + OTC)

Insider activity: three significant sales in the past 60 days (Richard Jodi $2.28M, Mark Runkel $1.95M, Elcio Barcelos $1.0M) — bearish signal. Congressional trades: none. Institutional flows: Norges Bank opened a $1.89B position but also shows an exit; Two Sigma trimmed 76.3% and 49.1% in separate moves; Renaissance Technologies exited fully. Short interest stands at a high 58.3% of float. The analyst upgrade and positive EPS revisions diverge from the bearish insider selling and high short interest.

Actionable Insight

Traders should treat Truist's upgrade as a catalyst that reinforces the upward EPS revision trend, but the heavy insider selling and 58% short interest call for caution. Position sizing should account for the conflicting signals; wait for a price pullback toward the $55 area or a clear short squeeze trigger before adding.

Documents Analyzed

Report based on filing metadata.

4 reports for USB
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for USB — sortable, filterable
Type Now
May 31, 2026
12d ago
ANALYST-UPGRADE
BULLISH ★ 1/10
$57.26 $51.60▼ −9.89%▼ −3.48%$58.94 (+2.94%)
May 1, 2026
6w ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$57.26 $51.60▼ −9.89%▼ −3.48%$58.94 (+2.94%)
Apr 16, 2026
8w ago
8-K
BULLISH ★ 8/10
$17.92 $17.86▼ −0.36%▼ −6.18%$58.94 (+228.91%)
Apr 8, 2026
9w ago
8-K
NEUTRAL ★ 2/10
$17.85 $17.95▲ +0.56%▼ −7.01%$58.94 (+230.20%)
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (47h)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access