Capital One Financial Corp. (NYSE:COF) on Tuesday posted upbeat third-quarter fiscal 2026 results.
Capital One reported quarterly earnings of $6.69 per share, which beat the analyst consensus estimate of $5.50 by 21.64%, per Benzinga Pro data. Quarterly revenue came in at $16.34 billion, which beat the Street estimate of $16.26 billion.
“The Discover integration continues to go well and we’re making good progress on delivering the expected synergies,” said Richard D. Fairbank, Founder, Chairman, and Chief Executive Officer. “We continue to invest to deliver sustained growth and value creation over the long-term.”
Capital One shares rose 4.3% to trade at $210.16 on Wednesday.
These analysts made changes to their price targets on Capital One following earnings announcement.
- Barclays analyst Terry Ma maintained the stock with an Overweight rating and raised the price target from $237 to $238.
- TD Cowen analyst Moshe Orenbuch maintained the stock with a Buy and raised the price target from $242 to $250.
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