Cullen/Frost Bankers, Inc. (CFR)

Cullen/Frost Bankers Stock Forecast

Stock Price Forecast

The 16 analysts that cover Cullen/Frost Bankers stock have a consensus rating of "Hold" and an average price target of $138.44, which forecasts a 14.16% increase in the stock price over the next year. The lowest target is $105 and the highest is $150.

Price Target: $138.44 (+14.16%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$105	$138.44	$143	$150
Change	-13.42%	+14.16%	+17.92%	+23.69%

Analyst Ratings

The average analyst rating for Cullen/Frost Bankers stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	2	2	2	2
Hold	10	9	9	10	11	11
Sell	3	3	3	2	2	2
Strong Sell	1	1	1	1	1	1
Total	15	14	15	15	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ben Gerlinger Citigroup	Citigroup	Strong Sell Maintains $112 → $114	Strong Sell	Maintains	$112 → $114	-5.99%	Oct 31, 2025
Jon G. Arfstrom RBC Capital	RBC Capital	Hold Maintains $140 → $144	Hold	Maintains	$140 → $144	+18.74%	Oct 10, 2025
John Pancari Evercore ISI Group	Evercore ISI Group	Hold Maintains $135 → $137	Hold	Maintains	$135 → $137	+12.97%	Sep 30, 2025
Manan Gosalia Morgan Stanley	Morgan Stanley	Sell Maintains $125 → $136	Sell	Maintains	$125 → $136	+12.15%	Sep 29, 2025
Dave Rochester Cantor Fitzgerald	Cantor Fitzgerald	Hold Initiates $138	Hold	Initiates	$138	+13.80%	Sep 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.28B

Increased by 13.87%

from 2.00B

Revenue Next Year

2.37B

Increased by 4.09%

from 2.28B

EPS This Year

9.82

Increased by 10.66%

from 8.87

EPS Next Year

9.73

Decreased by -0.86%

from 9.82

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	1.20B	1.37B	1.69B	1.94B	2.00B	2.28B	2.37B
Revenue Growth	-10.04%	14.27%	23.45%	14.64%	2.97%	13.87%	4.09%
EPS	5.11	6.76	8.81	9.10	8.87	9.82	9.73
EPS Growth	-25.57%	32.31%	30.33%	3.29%	-2.53%	10.66%	-0.86%
Forward PE	-	-	-	-	-	12.35	12.46
No. Analysts	-	-	-	-	-	17	17

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.4B	2.6B
Avg	2.3B	2.4B
Low	2.1B	2.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	21.4%	12.7%
Avg	13.9%	4.1%
Low	7.1%	-8.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.40	11.03
Avg	9.82	9.73
Low	9.09	7.47

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	17.2%	12.3%
Avg	10.7%	-0.9%
Low	2.5%	-23.9%

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.