Coastal Financial Corporation (CCB)
NASDAQ: CCB · Real-Time Price · USD
64.51
+0.88 (1.38%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Coastal Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Coastal Financial stock have an average target of 74, with a low estimate of 73 and a high estimate of 75. The average target predicts an increase of 14.71% from the current stock price of 64.51.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CCB stock from 2 stock analysts 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| 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 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $70 → $75 | Buy | Maintains | $70 → $75 | +16.26% | Oct 29, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $61 → $73 | Strong Buy | Maintains | $61 → $73 | +13.16% | Oct 29, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $57 → $53 | Strong Buy | Maintains | $57 → $53 | -17.84% | Oct 31, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $51 → $53 | Buy | Maintains | $51 → $53 | -17.84% | May 2, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $70 → $66 | Buy | Maintains | $70 → $66 | +2.31% | Apr 6, 2023 |
Financial Forecast
Revenue This Year
612.39M
Revenue Next Year
813.79M
from 612.39M
Increased by 32.89%
EPS This Year
3.46
from 3.27
Increased by 5.71%
EPS Next Year
5.79
from 3.46
Increased by 67.62%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 642.6M | 878.9M |
| Avg | 612.4M | 813.8M |
| Low | 586.0M | 749.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | - | 43.5% |
| Avg | - | 32.9% |
| Low | - | 22.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.00 | 6.34 |
| Avg | 3.46 | 5.79 |
| Low | 3.17 | 5.19 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 22.3% | 83.5% |
| Avg | 5.7% | 67.6% |
| Low | -3.2% | 50.3% |
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.