ITUB · NYSE · STOCK
Itaú Unibanco Holding (ITUB) Stock Analysis
$10.18
52W $6.59 – $10.20
57/100
$111.98B
11.9
0.16
Is ITUB Bullish or Bearish?
Mixed.
Innellis AI committee rates Itaú Unibanco Holding S.A. (ITUB) Watch with a composite score of 57/100
, based on 6 analysts with 67% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +2.75 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -17.25 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
Supporting evidence favours the bullish case. The main limiting factor is sector concentration is already high (hhi 2796.97). The committee is constructive but not yet at full conviction.
Bull & Bear Case
Bull Case
- P/E of 12.1 is inexpensive for the broad market — Value
- ROE of 22.1% shows genuine earnings power backing the valuation — Value
- Revenue growing 47.2% YoY -- genuine top-line momentum — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
Bear Case
- Debt-to-equity of 4.88 adds balance-sheet risk to the value case — Value
- 4 consecutive earnings misses -- execution concerns — Growth
- RSI at 77 is in overbought territory — Technical
- Price structure (LH_LL) contradicts the uptrend -- mixed signals — Technical
- Weekly RSI at 80 -- overbought on the larger timeframe too — Technical
- High leverage (debt-to-equity 4.88) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
57/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 64%
of 211 Financial Services peers
Value Analyst
bullish
61
/ 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 12.1 is inexpensive for the broad market
− Debt-to-equity of 4.88 adds balance-sheet risk to the value case
Growth Analyst
bullish
63
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 47.2% YoY -- genuine top-line momentum
− 4 consecutive earnings misses -- execution concerns
Technical Analyst
neutral
57
/ 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− RSI at 77 is in overbought territory
Risk Analyst
bearish
32
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 4.88) amplifies downside in a stress scenario
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
64
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.21 across 14 articles, 14d)
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 57.4 to 57.2.
- New bearish signals: 3 appeared.
- Bullish support removed: 2 signal(s) disappeared.
- New bullish signals: 2 appeared.
- Bearish pressure eased: 3 signal(s) disappeared.
Analyst-level changes:
- News Analyst: +1 bullish signal(s).
- Risk Analyst: +1 bearish signal(s).
- Technical Analyst: +2 bearish signal(s).
- Value Analyst: +1 bullish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
77.5
Overbought
MACD Histogram
0.187
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Lh Ll
Bollinger %B
0.98
Inside Bands
Price vs Moving Averages
EMA 9
$9.43
Above
EMA 21
$8.87
Above
EMA 50
$8.44
Above
EMA 200
$8.06
Above
Fundamental Analysis
Valuation
61
Growth
45
Profitability
54
Financial Health
0
Cash Flow
70
Valuation
P/E Ratio
11.9×
P/B Ratio
2.55×
PEG Ratio
4.47
Dividend Yield
6.27%
52W High
$10.20
52W Low
$6.59
Quality & Growth
ROE
2194.6%
ROA
145.8%
Gross Margin
3587.6%
Operating Margin
1431.5%
Revenue Growth YoY
—
Debt / Equity
4.70
AI Fundamental Assessment
P/E ratio of 11.9 (inexpensive relative to a 15-40x range); Price-to-book of 2.6x; PEG ratio of 4.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 21.9%; Return on assets of 1.5%; Net margin of 12.3%; Gross margin of 35.9%; Current ratio of 0.22 (tight short-term liquidity); Debt-to-equity of 4.70; Free cash flow per share is positive (8.37); Most recent quarter missed estimates by 4.5%; 4 consecutive earnings misses; EPS growth accelerating (-8.4% -> +16.5% QoQ); Analyst estimates rising over recent quarters
Get the Full ITUB Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →