Customers Bancorp, Inc. (CUBI)
NYSE: CUBI · IEX Real-Time Price · USD
49.06
-1.01 (-2.02%)
Apr 25, 2024, 12:08 PM EDT - Market open
Customers Bancorp Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Customers Bancorp stock have an average target of 61.86, with a low estimate of 47 and a high estimate of 77. The average target predicts an increase of 26.09% from the current stock price of 49.06.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $61 → $64 | Strong Buy | Maintains | $61 → $64 | +30.45% | Apr 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $62 → $77 | Strong Buy | Maintains | $62 → $77 | +56.95% | Jan 29, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $65 → $72 | Strong Buy | Maintains | $65 → $72 | +46.76% | Jan 29, 2024 |
| Wedbush | Wedbush | Buy Maintains $70 → $65 | Buy | Maintains | $70 → $65 | +32.49% | Jan 26, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $60 → $65 | Strong Buy | Maintains | $60 → $65 | +32.49% | Dec 18, 2023 |
Financial Forecast
Revenue This Year
724.75M
from 683.40M
Increased by 6.05%
Revenue Next Year
767.92M
from 724.75M
Increased by 5.96%
EPS This Year
7.06
from 7.32
Decreased by -3.56%
EPS Next Year
7.57
from 7.06
Increased by 7.22%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 821.4M | 864.1M |
| Avg | 724.8M | 767.9M |
| Low | 666.2M | 671.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 20.2% | 19.2% |
| Avg | 6.1% | 6.0% |
| Low | -2.5% | -7.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 7.67 | 8.45 |
| Avg | 7.06 | 7.57 |
| Low | 6.23 | 5.98 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 4.8% | 19.7% |
| Avg | -3.6% | 7.2% |
| Low | -14.9% | -15.3% |
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.