Cullen/Frost Bankers, Inc. (CFR)

Cullen/Frost Bankers Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Cullen/Frost Bankers stock have an average target of 131.85, with a low estimate of 108 and a high estimate of 148. The average target predicts an increase of 8.22% from the current stock price of 121.84.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$108	$131.85	$136	$148
Change	-11.36%	+8.22%	+11.62%	+21.47%

* Price targets were last updated on Feb 10, 2025.

Analyst Ratings

The average analyst rating for Cullen/Frost Bankers stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	0	0
Buy	1	1	1	1	1	1
Hold	7	8	8	7	9	9
Sell	2	2	2	2	2	2
Strong Sell	1	1	1	1	1	1
Total	12	13	13	12	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Pancari Evercore ISI Group	Evercore ISI Group	Sell Maintains $136 → $144	Sell	Maintains	$136 → $144	+18.19%	Feb 10, 2025
Catherine Mealor Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $140 → $148	Hold	Maintains	$140 → $148	+21.47%	Feb 3, 2025
Peter Winter DA Davidson	DA Davidson	Strong Buy → Hold Downgrades $138 → $143	Strong Buy → Hold	Downgrades	$138 → $143	+17.37%	Feb 3, 2025
Jon Arfstrom RBC Capital	RBC Capital	Hold Reiterates $144	Hold	Reiterates	$144	+18.19%	Jan 31, 2025
David Rochester Compass Point	Compass Point	Hold Maintains $122 → $145	Hold	Maintains	$122 → $145	+19.01%	Dec 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.22B

Increased by 11.02%

from 2.00B

Revenue Next Year

2.32B

Increased by 4.64%

from 2.22B

EPS This Year

9.07

Increased by 2.26%

from 8.87

EPS Next Year

9.17

Increased by 1.08%

from 9.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.20B	1.37B	1.69B	1.94B	2.00B	2.22B	2.32B	2.34B
Revenue Growth	-10.04%	14.27%	23.45%	14.64%	2.97%	11.02%	4.64%	0.60%
EPS	5.11	6.76	8.81	9.10	8.87	9.07	9.17	9.41
EPS Growth	-25.57%	32.31%	30.33%	3.29%	-2.53%	2.26%	1.08%	2.62%
Forward PE	-	-	-	-	-	13.43	13.29	12.95
No. Analysts	-	-	-	-	-	14	13	4

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	2.4B	2.5B	2.6B
Avg	2.2B	2.3B	2.3B
Low	2.0B	2.1B	2.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	18.2%	12.5%	10.8%
Avg	11.0%	4.6%	0.6%
Low	0.5%	-7.6%	-8.9%

EPS Forecast

EPS	2025	2026	2027	2028
High	10.66	10.24	10.62
Avg	9.07	9.17	9.41
Low	8.46	8.29	8.69

EPS Growth

EPS Growth	2025	2026	2027	2028
High	20.2%	12.9%	15.8%
Avg	2.3%	1.1%	2.6%
Low	-4.7%	-8.6%	-5.2%

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.