Q1 2026 results & April 14 management update as primary near-term catalyst
Key Questions
What were Citigroup's Q1 2026 earnings results?
Citigroup reported Q1 2026 EPS of $2.60, beating estimates of $1.81, marking a 13.49% streak with Zacks #3 ESP +0.93%. Revenue reached $23B as previews confirmed, with provisions at $2.2B down from prior levels.
Did Citigroup beat earnings expectations for Q1 2026?
Yes, Citi's EPS of $2.60 exceeded the $1.81 consensus estimate. This continues a 13.49% beat streak, supported by Zacks #3 ESP of +0.93%, with Q2 expected at $2.63, up 34% YoY.
What is the current stock price and analyst upside for Citigroup?
Citi stock trades around $117. Moderate Buy consensus average PT is $128, implying 12.8% upside, with JPM at $131 OW (trimmed from $134), MS $152, GS $137, Jefferies $135, BofA $140.
What does Citi Research say about semiconductor stocks?
Citi Research rates AMD Neutral at $248, Buy on NVDA/AVGO/ADI amid AI capex. They predict mixed semis results: bull on AI/data center/analog, neutral on AMD, optimistic short-term on AMD/ADI.
How does Simply Wall St value Citigroup stock?
Simply Wall St estimates Citi's intrinsic value at $178, suggesting it is 34% undervalued at current levels around $117.
What is Citigroup's TBV ratio as of end-March 2026?
Citi ended March at 113.7% of adjusted TBV, the lowest in recent tracking and the 36th-lowest ratio among peers.
What do analysts expect for Citigroup's upcoming earnings?
Wall Street anticipates year-over-year earnings growth on higher revenues for Q1. Zacks flags pre-earnings momentum, with Citi expected to announce on Tuesday amid solid US bank Q1 outlook.
Has JPMorgan recently changed its price target on Citigroup?
JPMorgan trimmed its PT on Citi to $131 from $134, maintaining Overweight, implying about 12% upside from $117.
Citi Q1 2026 EPS $2.60 beat $1.81 (13.49% streak, Zacks #3 ESP +0.93% → Q2 $2.63 +34% YoY), rev $23B (previews confirm), provisions $2.2B down. IB fees 3yr high (Asia/semi); Citi Research Neutral AMD $248/Buy NVDA/AVGO/ADI on AI capex reinforces w/recent mixed semis outlook (bull AI/data center/analog, neutral AMD); JPM trims PT $131 OW (from $134, 12.8% upside at $117)/MS $152/GS $137/Jefferies $135/BofA $140/Moderate Buy $128 avg; Simply Wall St $178 intrinsic (34% undervalued); Zacks flags C pre-earnings; TBV 113.7% end-Mar low; stock ~$117.