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 $138.38, which forecasts a 12.28% increase in the stock price over the next year. The lowest target is $105 and the highest is $150.

Price Target: $138.38 (+12.28%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$105	$138.38	$143	$150
Change	-14.80%	+12.28%	+16.03%	+21.71%

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon G. Arfstrom RBC Capital	RBC Capital	Hold Maintains $140 → $144	Hold	Maintains	$140 → $144	+16.85%	Oct 10, 2025
John Pancari Evercore ISI Group	Evercore ISI Group	Hold Maintains $135 → $137	Hold	Maintains	$135 → $137	+11.17%	Sep 30, 2025
Manan Gosalia Morgan Stanley	Morgan Stanley	Sell Maintains $125 → $136	Sell	Maintains	$125 → $136	+10.35%	Sep 29, 2025
Dave Rochester Cantor Fitzgerald	Cantor Fitzgerald	Hold Initiates $138	Hold	Initiates	$138	+11.98%	Sep 10, 2025
Michael Rose Raymond James	Raymond James	Buy Maintains $150 → $145	Buy	Maintains	$150 → $145	+17.66%	Aug 4, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.27B

Increased by 13.32%

from 2.00B

Revenue Next Year

2.36B

Increased by 4.19%

from 2.27B

EPS This Year

9.53

Increased by 7.42%

from 8.87

EPS Next Year

9.58

Increased by 0.56%

from 9.53

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	2.27B	2.36B
Revenue Growth	-10.04%	14.27%	23.45%	14.64%	2.97%	13.32%	4.19%
EPS	5.11	6.76	8.81	9.10	8.87	9.53	9.58
EPS Growth	-25.57%	32.31%	30.33%	3.29%	-2.53%	7.42%	0.56%
Forward PE	-	-	-	-	-	12.93	12.86
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	2.5B
Avg	2.3B	2.4B
Low	2.1B	2.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	20.7%	12.4%
Avg	13.3%	4.2%
Low	7.1%	-8.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.04	11.03
Avg	9.53	9.58
Low	9.09	7.47

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	13.2%	15.7%
Avg	7.4%	0.6%
Low	2.5%	-21.6%

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.