Business First Bancshares, Inc. (BFST)

Business First Bancshares Stock Forecast

Stock Price Forecast

The 2 analysts that cover Business First Bancshares stock have a consensus rating of "Buy" and an average price target of $30, which forecasts a 21.61% increase in the stock price over the next year. The lowest target is $28 and the highest is $32.

Price Target: $30 (+21.61%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$28	$30	$32	$32
Change	+13.50%	+21.61%	+29.71%	+29.71%

* Price targets were last updated on Apr 25, 2025.

Analyst Ratings

The average analyst rating for Business First Bancshares stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Rose Raymond James	Raymond James	Buy Maintains $30 → $28	Buy	Maintains	$30 → $28	+13.50%	Apr 25, 2025
Matt Olney Stephens & Co.	Stephens & Co.	Buy Maintains $34 → $32	Buy	Maintains	$34 → $32	+29.71%	Apr 25, 2025
Michael Rose Raymond James	Raymond James	Hold → Buy Upgrades $30	Hold → Buy	Upgrades	$30	+21.61%	Dec 19, 2024
Graham Dick Piper Sandler	Piper Sandler	Buy Maintains $23 → $26	Buy	Maintains	$23 → $26	+5.39%	Jan 24, 2024
Michael Rose Raymond James	Raymond James	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Jan 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

326.92M

Increased by 25.40%

from 260.70M

Revenue Next Year

344.33M

Increased by 5.33%

from 326.92M

EPS This Year

2.73

Increased by 20.70%

from 2.26

EPS Next Year

2.94

Increased by 7.71%

from 2.73

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	137.78M	181.62M	218.00M	245.83M	260.70M	326.92M	344.33M
Revenue Growth	56.03%	31.82%	20.03%	12.77%	6.05%	25.40%	5.33%
EPS	1.64	2.53	2.32	2.59	2.26	2.73	2.94
EPS Growth	-5.75%	54.27%	-8.30%	11.64%	-12.74%	20.70%	7.71%
Forward PE	-	-	-	-	-	9.04	8.40
No. Analysts	-	-	-	-	-	7	7

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

Revenue Forecast

Revenue	2025	2026
High	340.9M	362.8M
Avg	326.9M	344.3M
Low	310.9M	326.3M

Revenue Growth

Revenue Growth	2025	2026
High	30.8%	11.0%
Avg	25.4%	5.3%
Low	19.2%	-0.2%

EPS Forecast

EPS	2025	2026
High	2.86	3.20
Avg	2.73	2.94
Low	2.55	2.65

EPS Growth

EPS Growth	2025	2026
High	26.4%	17.4%
Avg	20.7%	7.7%
Low	12.8%	-2.9%

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.