ConnectOne Bancorp, Inc. (CNOB)
NASDAQ: CNOB · Real-Time Price · USD
27.11
-0.30 (-1.09%)
Dec 3, 2024, 2:13 PM EST - Market open
ConnectOne Bancorp Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ConnectOne Bancorp stock have an average target of 26.5, with a low estimate of 25 and a high estimate of 28. The average target predicts a decrease of -2.25% from the current stock price of 27.11.
Analyst Consensus: Buy
* Price targets were last updated on Jul 26, 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $25 | Buy | Maintains | $22 → $25 | -7.78% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Reiterates $22 → $26 | Hold | Reiterates | $22 → $26 | -4.09% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $24 → $22 | Buy → Hold | Downgrades | $24 → $22 | -18.85% | May 31, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $27 → $24 | Buy | Reiterates | $27 → $24 | -11.47% | Apr 26, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +3.28% | Jan 29, 2024 |
Financial Forecast
Revenue This Year
253.40M
Revenue Next Year
344.39M
from 253.40M
Increased by 35.91%
EPS This Year
1.75
from 2.07
Decreased by -15.34%
EPS Next Year
2.29
from 1.75
Increased by 30.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 262.3M | 357.0M | 479.0M |
| Avg | 253.4M | 344.4M | 456.1M |
| Low | 241.6M | 327.2M | 430.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 40.9% | 39.1% |
| Avg | - | 35.9% | 32.4% |
| Low | - | 29.1% | 24.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.82 | 2.46 | 3.41 |
| Avg | 1.75 | 2.29 | 3.19 |
| Low | 1.68 | 2.10 | 3.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -12.0% | 40.2% | 49.1% |
| Avg | -15.3% | 30.6% | 39.3% |
| Low | -19.0% | 19.8% | 31.0% |
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.