Evans Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Evans Bancorp stock have an average target of 28.75, with a low estimate of 27 and a high estimate of 30.5. The average target predicts a decrease of -26.99% from the current stock price of 39.38.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$27	$28.75	$30.5	$30.5
Change	-31.44%	-26.99%	-22.55%	-22.55%

* Price targets were last updated on Aug 1, 2024.

Analyst Ratings

The average analyst rating for Evans Bancorp stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $27 → $31	Hold	Maintains	$27 → $31	-22.55%	Aug 1, 2024
Alexander Twerdahl Piper Sandler	Piper Sandler	Hold Maintains $30 → $27	Hold	Maintains	$30 → $27	-31.44%	May 1, 2024
Alexander Twerdahl Piper Sandler	Piper Sandler	Buy → Hold Downgrades $32	Buy → Hold	Downgrades	$32	-18.74%	Feb 2, 2024
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $25 → $27	Hold	Maintains	$25 → $27	-32.71%	Nov 14, 2023
Alexander Twerdahl Piper Sandler	Piper Sandler	Buy Maintains $30 → $29	Buy	Maintains	$30 → $29	-26.36%	Oct 27, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

67.53M

Revenue Next Year

74.69M

from 67.53M

10.61%

from 67.53M

EPS This Year

1.76

from 4.48

-60.77%

from 4.48

EPS Next Year

2.34

from 1.76

33.43%

from 1.76

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	67.53M	74.69M
Revenue Growth	16.68%	1.24%	31.51%	-3.91%	5.17%	-	10.61%
EPS	3.42	2.13	4.37	4.04	4.48	1.76	2.34
EPS Growth	3.01%	-37.72%	105.16%	-7.55%	10.89%	-60.77%	33.43%
Forward PE	-	-	-	-	-	22.41	16.79
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	69.5M	76.9M
Avg	67.5M	74.7M
Low	64.9M	71.8M

Revenue Growth

Revenue Growth	2024	2025
High	-	13.9%
Avg	-	10.6%
Low	-	6.3%

EPS Forecast

EPS	2024	2025
High	1.81	2.41
Avg	1.76	2.34
Low	1.69	2.25

EPS Growth

EPS Growth	2024	2025
High	-59.6%	37.4%
Avg	-60.8%	33.4%
Low	-62.3%	28.2%

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.