Prosperity Bancshares Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for PB stock have an average target of 78.33, with a low estimate of 68 and a high estimate of 90. The average target predicts a decrease of -5.62% from the current stock price of 82.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$68	$78.33	$79	$90
Change	-18.06%	-5.62%	-4.81%	+8.45%

Analyst Ratings

The average analyst rating for PB stock from 13 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	6	8	8	6	4	4
Buy	3	4	4	5	5	5
Hold	4	4	3	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	16	15	14	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon Arfstrom RBC Capital	RBC Capital	Hold Reiterates $77	Hold	Reiterates	$77	-7.22%	Oct 24, 2024
David Chiaverini Wedbush	Wedbush	Buy Reiterates $90	Buy	Reiterates	$90	+8.45%	Oct 24, 2024
Jared Shaw Barclays	Barclays	Hold Maintains $75 → $76	Hold	Maintains	$75 → $76	-8.42%	Oct 24, 2024
Peter Winter DA Davidson	DA Davidson	Strong Buy → Hold Downgrades $80 → $78	Strong Buy → Hold	Downgrades	$80 → $78	-6.01%	Oct 15, 2024
Jared Shaw Barclays	Barclays	Hold Maintains $70 → $75	Hold	Maintains	$70 → $75	-9.63%	Sep 27, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.22B

Revenue Next Year

1.33B

from 1.22B

9.36%

from 1.22B

EPS This Year

5.17

from 4.51

14.70%

from 4.51

EPS Next Year

5.98

from 5.17

15.52%

from 5.17

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	-	-	-	-	-	1.22B	1.33B	1.44B
Revenue Growth	11.86%	40.03%	-0.79%	1.51%	-5.15%	-	9.36%	7.81%
EPS	4.52	5.68	5.60	5.73	4.51	5.17	5.98	6.73
EPS Growth	-1.93%	25.66%	-1.41%	2.25%	-21.24%	14.70%	15.52%	12.63%
Forward PE	-	-	-	-	-	16.04	13.89	12.33
No. Analysts	-	-	-	-	-	19	19	14

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

Revenue Forecast

Revenue	2024	2025	2026
High	1.3B	1.4B	1.5B
Avg	1.2B	1.3B	1.4B
Low	1.1B	1.2B	1.3B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	13.4%	14.0%
Avg	-	9.4%	7.8%
Low	-	2.2%	-1.8%

EPS Forecast

EPS	2024	2025	2026
High	5.32	6.42	7.61
Avg	5.17	5.98	6.73
Low	4.87	5.33	5.73

EPS Growth

EPS Growth	2024	2025	2026
High	18.0%	24.0%	27.4%
Avg	14.7%	15.5%	12.6%
Low	8.1%	3.1%	-4.1%

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.