UBS cuts target for Banco Macro stock from USD 130.00 to USD 90.00
Published on 10/25/2026 at 01:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst reset and earnings
- UBS reduced Banco Macro's target to USD 90.00 from USD 130.00 on October 13, 2026.
- Second-quarter earnings per share reached USD 2.29 versus USD 1.86 consensus on August 20, 2026.
- The next earnings date is November 25, 2026.
- Banco Macro had a USD 4.2 billion market capitalization as of October 23, 2026.
Banco Macro (US05961W1053) saw UBS cut its price target from USD 130.00 to USD 90.00 on October 13, 2026, while retaining a Buy rating, according to Markets Insider. The decision makes the gap between analyst valuation and operating results the key issue for investors.
Results still show an earnings beat
Banco Macro reported USD 2.29 in earnings per share for the second quarter on August 20, 2026, compared with USD 1.86 consensus, a USD 0.43 difference. Revenue reached USD 1.0 billion against USD 946.46 million expected, while net margin was 5.95 percent and return on equity was 8.65 percent, according to MarketBeat.
What does the target cut mean?
The USD 90.00 UBS target sits USD 11.25 below the USD 101.25 average target cited by MarketBeat on October 16, 2026. That gap equals 11.11 percent below the consensus target, even as the latest quarterly earnings exceeded expectations by USD 0.43.
Three dates frame the reset
The recent sequence began on August 20, 2026, when second-quarter earnings per share reached USD 2.29 against USD 1.86 consensus. On September 3, 2026, Itau BBA cut its rating from Outperform to Market Perform. On October 13, 2026, UBS lowered its target from USD 130.00 to USD 90.00, according to MarketBeat.
Next results arrive November 25
The next earnings date is November 25, 2026, according to Forecaster. That report will test whether the second-quarter earnings profile can narrow the valuation gap implied by the lower UBS target.
Market value remains substantial
Banco Macro had a USD 4.2 billion market capitalization as of October 23, 2026. Its NYSE 52-week range was USD 51.35 to USD 106.15 on October 16, 2026, leaving the analyst debate centered on earnings delivery, Argentina exposure and the distance between the stock's trading level and published targets.
Investor reference points
Banco Macro is an Argentine regional bank serving retail, corporate and small-business customers through deposits, lending, payments and foreign-exchange services. The company is listed on the NYSE under BMA, and its investor-relations page identifies the second-quarter reporting period as ending August 19, 2026.
Trading context
The current market picture is best read through the USD 4.2 billion valuation, the USD 51.35 to USD 106.15 yearly range and the November 25, 2026 reporting date. The UBS target reduction adds a clear valuation counterpoint to the recent earnings beat.
The further course of trading is shown by the continuously updated real-time quote of Banco Macro stock.
Banco Macro stock facts
- Company: Banco Macro S.A.
- ISIN: US05961W1053
- Ticker: BMA
- Primary exchange: NYSE
- Market capitalization: USD 4.2 billion (as of October 23, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Index membership: MERVAL
- Next earnings date: November 25, 2026
Market context: Market report S&P 500.
