ConnectOne Bancorp, Inc. (CNOB)
NASDAQ: CNOB · IEX Real-Time Price · USD
17.45
-0.18 (-1.02%)
Jun 21, 2024, 4:00 PM EDT - 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 25.5, with a low estimate of 22 and a high estimate of 28. The average target predicts an increase of 46.13% from the current stock price of 17.45.

Analyst Consensus: Buy
Target Low Average Median High
Price $22 $25.5 $27 $28
Change +26.07% +46.13% +54.73% +60.46%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 111111
Buy 333322
Hold 000011
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Downgrades
$24$22
Hold Downgrades $24$22 +26.07% May 31, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Reiterates
$27$24
Buy Reiterates $27$24 +37.54% Apr 26, 2024
Raymond James
Raymond James
Strong Buy
Maintains
$26$28
Strong Buy Maintains $26$28 +60.46% Jan 29, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$24$25
Buy Maintains $24$25 +43.27% Jan 26, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$25$27
Buy Maintains $25$27 +54.73% Jan 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
255.60M
from 260.91M
Decreased by -2.03%
Revenue Next Year
285.67M
from 255.60M
Increased by 11.76%
EPS This Year
1.74
from 2.07
Decreased by -16.03%
EPS Next Year
2.11
from 1.74
Increased by 21.52%
Year 2019202020212022202320242025
Revenue
186.25M211.39M284.07M297.61M260.91M255.60M285.67M
Revenue Growth
31.55%13.50%34.38%4.77%-12.33%-2.03%11.76%
EPS
2.071.793.223.012.071.742.11
EPS Growth
11.29%-13.53%79.89%-6.52%-31.23%-16.03%21.52%
Forward PE
-----10.048.26
No. Analysts -----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 265.7M 302.8M
Avg 255.6M 285.7M
Low 243.5M 268.1M

Revenue Growth

Revenue Growth 20242025
High
1.8%
18.5%
Avg
-2.0%
11.8%
Low
-6.7%
4.9%

EPS Forecast

EPS 20242025
High 1.94 2.29
Avg 1.74 2.11
Low 1.61 1.92

EPS Growth

EPS Growth 20242025
High
-6.4%
31.7%
Avg
-16.0%
21.5%
Low
-22.4%
10.5%
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.