First Busey Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for First Busey stock have an average target of 30, with a low estimate of 27 and a high estimate of 34. The average target predicts an increase of 24.28% from the current stock price of 24.14.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$27	$30	$29	$34
Change	+11.85%	+24.28%	+20.13%	+40.85%

Analyst Ratings

The average analyst rating for First Busey stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	4	4	4	3	3	1
Hold	0	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	5	5	5	5	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $32 → $34	Buy	Maintains	$32 → $34	+40.85%	Dec 4, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy → Hold Downgrades $28 → $27	Buy → Hold	Downgrades	$28 → $27	+11.85%	Oct 14, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Buy Reiterates $31	Buy	Reiterates	$31	+28.42%	Aug 29, 2024
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $31 → $33	Buy	Maintains	$31 → $33	+36.70%	Aug 28, 2024
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $28 → $29	Hold	Maintains	$28 → $29	+20.13%	Aug 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

470.72M

Revenue Next Year

731.91M

from 470.72M

55.49%

from 470.72M

EPS This Year

2.11

from 2.18

-3.22%

from 2.18

EPS Next Year

2.56

from 2.11

21.35%

from 2.11

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	470.72M	731.91M	844.27M
Revenue Growth	20.27%	-7.84%	15.51%	6.45%	-1.39%	-	55.49%	15.35%
EPS	1.87	1.83	2.20	2.29	2.18	2.11	2.56	2.89
EPS Growth	-6.97%	-2.14%	20.22%	4.09%	-4.80%	-3.22%	21.35%	12.79%
Forward PE	-	-	-	-	-	11.44	9.43	8.36
No. Analysts	-	-	-	-	-	8	8	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	486.2M	761.7M	878.8M
Avg	470.7M	731.9M	844.3M
Low	450.4M	690.9M	803.6M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	61.8%	20.1%
Avg	-	55.5%	15.4%
Low	-	46.8%	9.8%

EPS Forecast

EPS	2024	2025	2026
High	2.18	2.77	3.10
Avg	2.11	2.56	2.89
Low	2.01	2.35	2.70

EPS Growth

EPS Growth	2024	2025	2026
High	0.2%	31.4%	21.2%
Avg	-3.2%	21.4%	12.8%
Low	-7.8%	11.5%	5.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.