Hope Bancorp, Inc. (HOPE)
NASDAQ: HOPE · Real-Time Price · USD
14.02
+0.20 (1.45%)
Nov 25, 2024, 4:00 PM EST - Market closed
Hope Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Hope Bancorp stock have an average target of 12.5, with a low estimate of 11 and a high estimate of 14. The average target predicts a decrease of -10.84% from the current stock price of 14.02.
Analyst Consensus: Buy
* Price targets were last updated on Jul 30, 2024.
Analyst Ratings
The average analyst rating for Hope Bancorp stock from 3 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 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $12 → $14 | Hold | Maintains | $12 → $14 | -0.14% | Jul 30, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | -14.41% | May 1, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $13 | Hold → Strong Buy | Upgrades | $13 | -10.84% | Apr 30, 2024 |
| Wedbush | Wedbush | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | -21.54% | Apr 30, 2024 |
| Wedbush | Wedbush | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | -14.41% | Jan 31, 2024 |
Financial Forecast
Revenue This Year
486.23M
Revenue Next Year
600.00M
from 486.23M
Increased by 23.40%
EPS This Year
0.84
from 1.11
Decreased by -24.65%
EPS Next Year
1.22
from 0.84
Increased by 46.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 501.7M | 649.0M | 687.1M |
| Avg | 486.2M | 600.0M | 625.2M |
| Low | 466.4M | 554.2M | 559.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 33.5% | 14.5% |
| Avg | - | 23.4% | 4.2% |
| Low | - | 14.0% | -6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.91 | 1.40 | 1.64 |
| Avg | 0.84 | 1.22 | 1.40 |
| Low | 0.74 | 1.05 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -17.7% | 67.0% | 33.8% |
| Avg | -24.6% | 46.4% | 14.1% |
| Low | -32.9% | 25.5% | 0.1% |
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.