Eastern Bankshares, Inc. (EBC)
NASDAQ: EBC · Real-Time Price · USD
17.74
-0.55 (-3.01%)
Feb 21, 2025, 4:00 PM EST - Market closed

Eastern Bankshares Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Eastern Bankshares stock have an average target of 20.25, with a low estimate of 18.5 and a high estimate of 22. The average target predicts an increase of 14.15% from the current stock price of 17.74.

Analyst Consensus: Buy
Target Low Average Median High
Price $18.5 $20.25 $22 $22
Change +4.28% +14.15% +24.01% +24.01%

Analyst Ratings

The average analyst rating for Eastern Bankshares stock from 2 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 111000
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 333222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Reiterates
$21$22
Buy Reiterates $21$22 +24.01% Jan 27, 2025
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$19$21
Buy Maintains $19$21 +18.38% Dec 4, 2024
JP Morgan
JP Morgan
Hold
Upgrades
$14$19
Hold Upgrades $14$19 +4.28% Aug 6, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Reiterates
$17$19
Buy Reiterates $17$19 +7.10% Jul 29, 2024
Seaport Global
Seaport Global
Strong Buy
Initiates
$16
Strong Buy Initiates $16 -9.81% Sep 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
841.10M
Revenue Next Year
900.18M
from 841.10M
Increased by 7.02%
EPS This Year
1.50
from 0.66
Increased by 127.71%
EPS Next Year
1.73
from 1.50
Increased by 15.20%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----841.10M900.18M
Revenue Growth
-9.74%1.33%16.71%-53.32%126.97%-7.02%
EPS
0.130.901.211.430.661.501.73
EPS Growth
-590.93%34.37%18.12%-53.71%127.71%15.20%
Forward PE
-----11.8010.25
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 891.0M 949.4M
Avg 841.1M 900.2M
Low 792.2M 862.1M

Revenue Growth

Revenue Growth 20252026
High -
12.9%
Avg -
7.0%
Low -
2.5%

EPS Forecast

EPS 20252026
High 1.61 1.93
Avg 1.50 1.73
Low 1.40 1.58

EPS Growth

EPS Growth 20252026
High
143.4%
28.6%
Avg
127.7%
15.2%
Low
112.6%
5.0%
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.