Business First Bancshares, Inc. (BFST)

Business First Bancshares Stock Forecast

Stock Price Forecast

The 4 analysts that cover Business First Bancshares stock have a consensus rating of "Strong Buy" and an average price target of $32.75, which forecasts a 10.49% increase in the stock price over the next year. The lowest target is $31 and the highest is $35.

Price Target: $32.75 (+10.49%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$31	$32.75	$33	$35
Change	+4.59%	+10.49%	+11.34%	+18.08%

Analyst Ratings

The average analyst rating for Business First Bancshares stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	1	2	2	2	2
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	3	3	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gary Tenner DA Davidson	DA Davidson	Strong Buy Maintains $32 → $33	Strong Buy	Maintains	$32 → $33	+11.34%	Jan 26, 2026
Matt Olney Stephens & Co.	Stephens & Co.	Buy Maintains $34 → $35	Buy	Maintains	$34 → $35	+18.08%	Jan 23, 2026
Michael Rose Raymond James	Raymond James	Buy Maintains $30 → $31	Buy	Maintains	$30 → $31	+4.59%	Jan 7, 2026
Gary Tenner DA Davidson	DA Davidson	Strong Buy Initiates $32	Strong Buy	Initiates	$32	+7.96%	Nov 25, 2025
Kevin Fitzsimmons DA Davidson	DA Davidson	Strong Buy Maintains $31 → $32	Strong Buy	Maintains	$31 → $32	+7.96%	Jul 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

381.26M

Increased by 21.90%

from 312.76M

Revenue Next Year

397.86M

Increased by 4.35%

from 381.26M

EPS This Year

3.09

Increased by 10.93%

from 2.79

EPS Next Year

3.34

Increased by 7.86%

from 3.09

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	181.62M	218.00M	245.83M	260.70M	312.76M	381.26M	397.86M
Revenue Growth	31.82%	20.03%	12.77%	6.05%	19.97%	21.90%	4.35%
EPS	2.53	2.32	2.59	2.26	2.79	3.09	3.34
EPS Growth	54.27%	-8.30%	11.64%	-12.74%	23.45%	10.93%	7.86%
Forward PE	-	-	-	-	-	9.58	8.88
No. Analysts	-	-	-	-	-	6	5

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

Revenue Forecast

Revenue	2026	2027
High	394.8M	410.6M
Avg	381.3M	397.9M
Low	363.3M	380.4M

Revenue Growth

Revenue Growth	2026	2027
High	26.2%	7.7%
Avg	21.9%	4.4%
Low	16.2%	-0.2%

EPS Forecast

EPS	2026	2027
High	3.26	3.47
Avg	3.09	3.34
Low	2.94	3.15

EPS Growth

EPS Growth	2026	2027
High	16.7%	12.0%
Avg	10.9%	7.9%
Low	5.3%	1.9%

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.