Berkshire Hills Bancorp, Inc. (BHLB)

Berkshire Hills Bancorp Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Berkshire Hills Bancorp stock have an average target of 32.7, with a low estimate of 28 and a high estimate of 39. The average target predicts an increase of 38.50% from the current stock price of 23.61.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$28	$32.7	$31	$39
Change	+18.59%	+38.50%	+31.30%	+65.18%

* Price targets were last updated on Jan 31, 2025.

Analyst Ratings

The average analyst rating for Berkshire Hills Bancorp stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	0	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	5	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	0	0	0	0	0
Total	6	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Karl Shepard RBC Capital	RBC Capital	Hold Reiterates $31	Hold	Reiterates	$31	+31.30%	Jan 31, 2025
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $32 → $35	Hold	Maintains	$32 → $35	+46.12%	Dec 24, 2024
Jon Arfstrom RBC Capital	RBC Capital	Hold Maintains $32 → $31	Hold	Maintains	$32 → $31	+31.30%	Dec 17, 2024
Laurie Havener Hunsicker Seaport Global	Seaport Global	Hold → Strong Buy Upgrades $39	Hold → Strong Buy	Upgrades	$39	+65.18%	Dec 17, 2024
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $29 → $32	Hold	Maintains	$29 → $32	+35.54%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

495.51M

Increased by 31.78%

from 376.00M

Revenue Next Year

895.04M

Increased by 80.63%

from 495.51M

EPS This Year

2.58

Increased by 80.64%

from 1.43

EPS Next Year

3.88

Increased by 50.05%

from 2.58

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	307.21M	434.91M	402.53M	379.83M	376.00M	495.51M	895.04M
Revenue Growth	-25.77%	41.57%	-7.45%	-5.64%	-1.01%	31.78%	80.63%
EPS	-10.60	2.39	2.02	1.60	1.43	2.58	3.88
EPS Growth	-	-	-15.48%	-20.79%	-10.63%	80.64%	50.05%
Forward PE	-	-	-	-	-	9.14	6.09
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2025	2026
High	516.9M	945.0M
Avg	495.5M	895.0M
Low	469.4M	831.3M

Revenue Growth

Revenue Growth	2025	2026
High	37.5%	90.7%
Avg	31.8%	80.6%
Low	24.8%	67.8%

EPS Forecast

EPS	2025	2026
High	2.70	4.05
Avg	2.58	3.88
Low	2.44	3.60

EPS Growth

EPS Growth	2025	2026
High	88.7%	56.9%
Avg	80.6%	50.0%
Low	70.6%	39.2%

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.