Fifth Third Bancorp (FITB)
NASDAQ: FITB · Real-Time Price · USD
47.17
-0.03 (-0.06%)
Nov 12, 2024, 4:00 PM EST - Market closed
Fifth Third Bancorp Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Fifth Third Bancorp stock have an average target of 42.34, with a low estimate of 32 and a high estimate of 51. The average target predicts a decrease of -10.24% from the current stock price of 47.17.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FITB stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 3 | 3 | 3 | 3 | 3 |
| Buy | 7 | 6 | 6 | 6 | 6 | 6 |
| Hold | 9 | 9 | 9 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 18 | 18 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $43 → $51 | Buy | Maintains | $43 → $51 | +8.12% | Oct 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $46 → $47 | Hold | Maintains | $46 → $47 | -0.36% | Oct 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $47 → $51 | Hold | Maintains | $47 → $51 | +8.12% | Sep 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $47 | Hold | Maintains | $40 → $47 | -0.36% | Aug 5, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $42 → $45 | Strong Buy | Maintains | $42 → $45 | -4.60% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
8.74B
Revenue Next Year
9.21B
from 8.74B
Increased by 5.39%
EPS This Year
3.23
from 3.22
Increased by 0.33%
EPS Next Year
3.72
from 3.23
Increased by 15.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.1B | 9.6B | 10.1B |
| Avg | 8.7B | 9.2B | 9.6B |
| Low | 8.3B | 8.7B | 8.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 10.3% | 10.1% |
| Avg | - | 5.4% | 4.4% |
| Low | - | -0.2% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.48 | 4.08 | 4.64 | ||
| Avg | 3.23 | 3.72 | 4.14 | ||
| Low | 3.05 | 3.41 | 3.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.9% | 26.4% | 24.8% | ||
| Avg | 0.3% | 15.1% | 11.3% | ||
| Low | -5.3% | 5.6% | -5.9% |
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.