First Busey Corporation (BUSE)
NASDAQ: BUSE · IEX Real-Time Price · USD
24.17
+0.38 (1.60%)
Jul 2, 2024, 4:00 PM EDT - Market closed
First Busey Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for First Busey stock have an average target of 25.75, with a low estimate of 23 and a high estimate of 28. The average target predicts an increase of 6.54% from the current stock price of 24.17.
Analyst Consensus: Buy
* Price targets were last updated on Apr 24, 2024.
Analyst Ratings
The average analyst rating for First Busey stock from 4 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $28 | Buy | Reiterates | $28 | +15.85% | Apr 24, 2024 |
| Raymond James | Raymond James | Buy Maintains $24 → $27 | Buy | Maintains | $24 → $27 | +11.71% | Dec 12, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +3.43% | Nov 29, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $23 | Buy | Reiterates | $23 | -4.84% | Nov 28, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $21 → $23 | Buy | Maintains | $21 → $23 | -4.84% | Nov 28, 2023 |
Financial Forecast
Revenue This Year
477.50M
from 439.44M
Increased by 8.66%
Revenue Next Year
508.66M
from 477.50M
Increased by 6.53%
EPS This Year
2.11
from 2.18
Decreased by -3.26%
EPS Next Year
2.38
from 2.11
Increased by 12.86%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 493.3M | 534.0M |
| Avg | 477.5M | 508.7M |
| Low | 457.4M | 473.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.3% | 11.8% |
| Avg | 8.7% | 6.5% |
| Low | 4.1% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.25 | 2.52 |
| Avg | 2.11 | 2.38 |
| Low | 1.96 | 2.21 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 3.4% | 19.5% |
| Avg | -3.3% | 12.9% |
| Low | -10.1% | 4.6% |
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.