Chemung Financial Corporation (CHMG)

Chemung Financial Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Chemung Financial stock have an average target of 58.5, with a low estimate of 57 and a high estimate of 60. The average target predicts an increase of 23.34% from the current stock price of 47.43.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$57	$58.5	$60	$60
Change	+20.18%	+23.34%	+26.50%	+26.50%

* Price targets were last updated on Dec 20, 2024.

Analyst Ratings

The average analyst rating for Chemung Financial stock from 2 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	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Frank Schiraldi Piper Sandler	Piper Sandler	Hold Initiates $57	Hold	Initiates	$57	+20.18%	Dec 20, 2024
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $54 → $60	Hold	Maintains	$54 → $60	+26.50%	Dec 4, 2024
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $51 → $49	Hold	Maintains	$51 → $49	+3.31%	Apr 22, 2024
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $52 → $49	Hold	Maintains	$52 → $49	+3.31%	Apr 6, 2023
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $50 → $52	Hold	Maintains	$50 → $52	+9.64%	Jan 31, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

110.33M

Increased by 13.35%

from 97.34M

Revenue Next Year

119.81M

Increased by 8.59%

from 110.33M

EPS This Year

5.46

Increased by 9.93%

from 4.96

EPS Next Year

6.35

Increased by 16.42%

from 5.46

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	79.80M	89.44M	96.17M	95.74M	97.34M	110.33M	119.81M
Revenue Growth	6.78%	12.08%	7.52%	-0.44%	1.66%	13.35%	8.59%
EPS	4.01	5.64	6.13	5.28	4.96	5.46	6.35
EPS Growth	25.09%	40.72%	8.69%	-13.86%	-6.07%	9.93%	16.42%
Forward PE	-	-	-	-	-	8.69	7.47
No. Analysts	-	-	-	-	-	5	5

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

Revenue Forecast

Revenue	2025	2026
High	114.0M	124.9M
Avg	110.3M	119.8M
Low	105.6M	113.7M

Revenue Growth

Revenue Growth	2025	2026
High	17.1%	13.2%
Avg	13.4%	8.6%
Low	8.5%	3.0%

EPS Forecast

EPS	2025	2026
High	5.71	6.99
Avg	5.46	6.35
Low	5.19	5.88

EPS Growth

EPS Growth	2025	2026
High	15.1%	28.2%
Avg	9.9%	16.4%
Low	4.7%	7.8%

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.