Customers Bancorp, Inc. (CUBI)
NYSE: CUBI · IEX Real-Time Price · USD
49.40
+1.19 (2.47%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Customers Bancorp Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Customers Bancorp stock have an average target of 61.29, with a low estimate of 47 and a high estimate of 77. The average target predicts an increase of 24.07% from the current stock price of 49.40.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 26, 2024.
Analyst Ratings
The average analyst rating for CUBI stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Maintains $63 → $61 | Buy | Maintains | $63 → $61 | +23.48% | Apr 26, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $61 → $64 | Strong Buy | Maintains | $61 → $64 | +29.55% | Apr 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $62 → $77 | Strong Buy | Maintains | $62 → $77 | +55.87% | Jan 29, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $65 → $72 | Strong Buy | Maintains | $65 → $72 | +45.75% | Jan 29, 2024 |
| Wedbush | Wedbush | Buy Maintains $70 → $65 | Buy | Maintains | $70 → $65 | +31.58% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
689.38M
from 683.40M
Increased by 0.87%
Revenue Next Year
784.55M
from 689.38M
Increased by 13.81%
EPS This Year
6.47
from 7.32
Decreased by -11.57%
EPS Next Year
7.61
from 6.47
Increased by 17.56%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 728.7M | 881.9M |
| Avg | 689.4M | 784.6M |
| Low | 642.4M | 720.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 6.6% | 27.9% |
| Avg | 0.9% | 13.8% |
| Low | -6.0% | 4.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 7.35 | 8.46 |
| Avg | 6.47 | 7.61 |
| Low | 5.88 | 6.54 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 0.4% | 30.6% |
| Avg | -11.6% | 17.6% |
| Low | -19.7% | 1.0% |
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.