Coastal Financial Corporation (CCB)
NASDAQ: CCB · IEX Real-Time Price · USD
41.43
+0.54 (1.32%)
At close: Apr 24, 2024, 4:00 PM
41.51
+0.08 (0.19%)
After-hours: Apr 24, 2024, 4:07 PM EDT
Coastal Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Coastal Financial stock have an average target of 53, which predicts an increase of 27.93% from the current stock price of 41.43.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 31, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $57 → $53 | Strong Buy | Maintains | $57 → $53 | +27.93% | Oct 31, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $51 → $53 | Buy | Maintains | $51 → $53 | +27.93% | May 2, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $70 → $66 | Buy | Maintains | $70 → $66 | +59.30% | Apr 6, 2023 |
| Raymond James | Raymond James | Strong Buy Initiates $69 | Strong Buy | Initiates | $69 | +66.55% | Jan 13, 2022 |
| Stephens & Co. | Stephens & Co. | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 8, 2021 |
Financial Forecast
Revenue This Year
563.14M
from 261.91M
Increased by 115.01%
Revenue Next Year
733.36M
from 563.14M
Increased by 30.23%
EPS This Year
3.84
from 3.27
Increased by 17.32%
EPS Next Year
5.97
from 3.84
Increased by 55.66%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 615.3M | 770.7M |
| Avg | 563.1M | 733.4M |
| Low | 527.7M | 700.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 134.9% | 36.9% |
| Avg | 115.0% | 30.2% |
| Low | 101.5% | 24.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.29 | 6.67 |
| Avg | 3.84 | 5.97 |
| Low | 3.40 | 5.11 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 31.3% | 73.8% |
| Avg | 17.3% | 55.7% |
| Low | 4.0% | 33.1% |
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.