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 $30.5, which forecasts a 10.35% increase in the stock price over the next year. The lowest target is $28 and the highest is $32.

Price Target: $30.5 (+10.35%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$28	$30.5	$32	$32
Change	+1.30%	+10.35%	+15.77%	+15.77%

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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	1	1	1	1	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	3	3	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gary Tenner DA Davidson	DA Davidson	Strong Buy Initiates $32	Strong Buy	Initiates	$32	+15.77%	Nov 25, 2025
Kevin Fitzsimmons DA Davidson	DA Davidson	Strong Buy Maintains $31 → $32	Strong Buy	Maintains	$31 → $32	+15.77%	Jul 29, 2025
Kevin Fitzsimmons DA Davidson	DA Davidson	Strong Buy Maintains $29 → $31	Strong Buy	Maintains	$29 → $31	+12.16%	Jul 9, 2025
Matt Olney Stephens & Co.	Stephens & Co.	Buy Reiterates $30	Buy	Reiterates	$30	+8.54%	Jul 8, 2025
Michael Rose Raymond James	Raymond James	Buy Maintains $30 → $28	Buy	Maintains	$30 → $28	+1.30%	Apr 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

324.55M

Increased by 24.49%

from 260.70M

Revenue Next Year

379.92M

Increased by 17.06%

from 324.55M

EPS This Year

2.78

Increased by 23.22%

from 2.26

EPS Next Year

3.07

Increased by 10.41%

from 2.78

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	324.55M	379.92M
Revenue Growth	56.03%	31.82%	20.03%	12.77%	6.05%	24.49%	17.06%
EPS	1.64	2.53	2.32	2.59	2.26	2.78	3.07
EPS Growth	-5.75%	54.27%	-8.30%	11.64%	-12.74%	23.22%	10.41%
Forward PE	-	-	-	-	-	9.93	8.99
No. Analysts	-	-	-	-	-	7	7

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

Revenue Forecast

Revenue	2025	2026	2027
High	335.7M	393.2M
Avg	324.6M	379.9M
Low	309.8M	361.6M

Revenue Growth

Revenue Growth	2025	2026	2027
High	28.8%	21.1%
Avg	24.5%	17.1%
Low	18.8%	11.4%

EPS Forecast

EPS	2025	2026	2027
High	2.89	3.26
Avg	2.78	3.07
Low	2.63	2.83

EPS Growth

EPS Growth	2025	2026	2027
High	28.0%	16.9%
Avg	23.2%	10.4%
Low	16.4%	1.5%

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.