ConnectOne Bancorp, Inc. (CNOB)
NASDAQ: CNOB · Real-Time Price · USD
22.98
+0.21 (0.92%)
Jan 17, 2025, 4:00 PM EST - Market closed
ConnectOne Bancorp Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ConnectOne Bancorp stock have an average target of 27.75, with a low estimate of 25 and a high estimate of 31. The average target predicts an increase of 20.76% from the current stock price of 22.98.
Analyst Consensus: Buy
* Price targets were last updated on Dec 4, 2024.
Analyst Ratings
The average analyst rating for CNOB stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $28 → $31 | Hold | Maintains | $28 → $31 | +34.90% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $25 | Buy | Maintains | $22 → $25 | +8.79% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Reiterates $22 → $26 | Hold | Reiterates | $22 → $26 | +13.14% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $24 → $22 | Buy → Hold | Downgrades | $24 → $22 | -4.26% | May 31, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $27 → $24 | Buy | Reiterates | $27 → $24 | +4.44% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
253.16M
Revenue Next Year
343.33M
from 253.16M
Increased by 35.62%
EPS This Year
1.75
from 2.07
Decreased by -15.67%
EPS Next Year
2.27
from 1.75
Increased by 30.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 262.3M | 357.0M | 475.2M |
| Avg | 253.2M | 343.3M | 454.9M |
| Low | 240.9M | 324.2M | 430.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 41.0% | 38.4% |
| Avg | - | 35.6% | 32.5% |
| Low | - | 28.1% | 25.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.82 | 2.46 | 3.36 |
| Avg | 1.75 | 2.27 | 3.17 |
| Low | 1.66 | 2.10 | 3.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -12.0% | 40.8% | 47.9% |
| Avg | -15.7% | 30.2% | 39.6% |
| Low | -20.0% | 20.3% | 32.0% |
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.