Eastern Bankshares, Inc. (EBC)
NASDAQ: EBC · Real-Time Price · USD
15.79
+0.31 (2.00%)
Apr 24, 2025, 4:00 PM EDT - 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 28.25% from the current stock price of 15.79.
Analyst Consensus: Buy
* Price targets were last updated on Jan 27, 2025.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 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 | 3 | 2 | 2 | 2 | 2 | 2 |
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 | +39.33% | Jan 27, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $19 → $21 | Buy | Maintains | $19 → $21 | +33.00% | Dec 4, 2024 |
| JP Morgan | JP Morgan | Sell → Hold Upgrades $14 → $19 | Sell → Hold | Upgrades | $14 → $19 | +17.16% | Aug 6, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $17 → $19 | Buy | Reiterates | $17 → $19 | +20.33% | Jul 29, 2024 |
| Seaport Global | Seaport Global | Strong Buy Initiates $16 | Strong Buy | Initiates | $16 | +1.33% | Sep 12, 2023 |
Financial Forecast
Revenue This Year
841.10M
from 664.13M
Increased by 26.65%
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%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 891.0M | 949.4M |
| Avg | 841.1M | 900.2M |
| Low | 792.2M | 862.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 34.2% | 12.9% |
| Avg | 26.6% | 7.0% |
| Low | 19.3% | 2.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.61 | 1.93 |
| Avg | 1.50 | 1.73 |
| Low | 1.40 | 1.58 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| 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.