Camden National Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Camden National stock have an average target of 41.5, with a low estimate of 41 and a high estimate of 42. The average target predicts an increase of 0.19% from the current stock price of 41.42.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$41	$41.5	$42	$42
Change	-1.01%	+0.19%	+1.40%	+1.40%

* Price targets were last updated on Sep 11, 2024.

Analyst Ratings

The average analyst rating for CAC stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $40 → $41	Hold	Maintains	$40 → $41	-1.01%	Sep 11, 2024
Matt Breese Stephens & Co.	Stephens & Co.	Hold Maintains $35 → $42	Hold	Maintains	$35 → $42	+1.40%	Aug 2, 2024
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $37 → $40	Hold	Maintains	$37 → $40	-3.43%	Aug 1, 2024
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $32 → $31	Hold	Maintains	$32 → $31	-25.16%	Jul 26, 2023
Steve Moss Raymond James	Raymond James	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Dec 21, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

174.27M

Revenue Next Year

200.58M

from 174.27M

15.10%

from 174.27M

EPS This Year

3.41

from 2.97

14.94%

from 2.97

EPS Next Year

3.52

from 3.41

3.18%

from 3.41

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	174.27M	200.58M	253.18M
Revenue Growth	5.81%	4.51%	9.15%	-3.40%	-12.34%	-	15.10%	26.22%
EPS	3.69	3.95	4.60	4.17	2.97	3.41	3.52	-
EPS Growth	8.85%	7.05%	16.46%	-9.35%	-28.78%	14.94%	3.18%	-
Forward PE	-	-	-	-	-	12.13	11.76	-
No. Analysts	-	-	-	-	-	5	5	2

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

Revenue Forecast

Revenue	2024	2025	2026
High	181.7M	236.2M	263.2M
Avg	174.3M	200.6M	253.2M
Low	168.6M	180.3M	245.7M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	35.6%	31.2%
Avg	-	15.1%	26.2%
Low	-	3.5%	22.5%

EPS Forecast

EPS	2024	2025
High	3.57	3.68
Avg	3.41	3.52
Low	3.25	3.38

EPS Growth

EPS Growth	2024	2025
High	20.2%	7.7%
Avg	14.9%	3.2%
Low	9.5%	-1.0%

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.