Are Wall Street Analysts Bullish on Citigroup Stock?

Core Insights - Citigroup Inc. is a global financial powerhouse with operations in over 160 countries, offering a wide range of services including retail and commercial banking, credit cards, investment and wealth management, and treasury solutions, with a market capitalization of $182.47 billion [1] Financial Performance - Citigroup's stock has gained 53.2% over the past 52 weeks and 43.9% over the past six months, reaching a 52-week high of $105.59 in September, but is currently down 6.1% from that peak [2] - The stock has outperformed the S&P 500 Index, which gained 18.1% and 23.9% over the same periods, and the Financial Select Sector SPDR Fund (XLF), which is up 11% and 7% respectively [3] Q3 Results - In the third quarter, Citigroup reported revenue of $22.09 billion, a 9% year-over-year increase, exceeding Wall Street's expectation of $21.13 billion [4] - The adjusted EPS was $2.24, up 48% from the previous year and above the expected $1.91, leading to a 3.9% intraday stock increase on the reporting day [4] Future Projections - Analysts expect Citigroup's EPS to grow 32.3% year-over-year to $7.87 for fiscal year 2025 and increase by 25.2% to $9.85 in fiscal 2026, with a history of surpassing consensus estimates in the last four quarters [5] Analyst Ratings - Among 25 Wall Street analysts, the consensus rating for Citigroup's stock is a "Moderate Buy," consisting of 12 "Strong Buy" ratings, four "Moderate Buys," and nine "Hold" ratings [6] - The number of "Strong Buy" ratings has decreased from 13 to 12 over the past two months [7]