Track record · closed signal

Banco Santander, S.A. (SAN) — closed signal from February 25, 2026

Partial Published before the outcome was known, scored automatically when the window closed on May 26, 2026.

Predicted vs. what happened

SAN price · publication thesis → realized outcomesplit-adjusted

$12.50 – $13.10Entry zone — fair-value band

$12.94Published — price the day we called it

$14.10Target — the price the thesis aimed for

$13.24Peak — highest point inside the window, not a realized return

$12.04Window close — end-of-window price, context only

What happened

Partial

Reached 26% of the predicted growth at its peak, without hitting the target.

Peak price

$13.24

peak on February 25, 2026 — not a realized return

Peak gain

+2.3%

peak, from the publication price

Window close

$12.04

end-of-window price, context only

Days to target

—

Window

February 25, 2026 – May 26, 2026

The thesis — published February 25, 2026

Predicted growth

+9%

over the measurement window

Target price

$14.10

the price the thesis aimed for

Entry zone

$12.50 – $13.10

the fair-value band we waited for

Price at publication

$12.94

published February 25, 2026

Confidence

66%

how strongly the data lined up

Timeframe

Short-term (0–3 months)

- What I will do: watch headlines, look for dips to buy, and only add after clearer strength. SAN is getting attention after management set new profit targets and pursued acquisitions. That news can keep interest high and help the stock if banks overall calm down. Wait for the price to hold before adding more.

Primary drivers

New profit targets and acquisition plans attracting attention
Could benefit if European banks start to improve
Enough trading interest to support short-term trades
Integration of acquisitions creates execution risk and volatility

How it played out

SAN: the thesis did not reach its target

Lyra published SAN at 12.94 on 2026-02-25 for a short-term window ending 2026-05-26. The thesis expected 9% growth to 14.10. It pointed to new profit targets, acquisition plans, possible help from stronger European banks, enough trading interest for short-term trades, and execution risk from integrating acquisitions.

Inside the window, SAN peaked at 13.24 on 2026-02-25, a 2.3% gain. It never reached 14.10. By 2026-05-26, it ended at 12.04. The published thesis missed on the stated target, with only a partial early move in the expected direction.

What happened during the window

On 2026-02-25, Santander laid out targets through 2028 and said it aimed for more than 20 billion euros in profit by 2028. On 2026-04-29, Santander reported first-quarter profit of 5.455 billion euros and ordinary profit of 3.560 billion euros.

Prices are shown split- and dividend-adjusted, matching what public charts show today.

Lyra

Read the next call before it closes.

This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.

See today’s picks All SAN signals