East West Bancorp, Inc. (EWBC)
NASDAQ: EWBC · IEX Real-Time Price · USD
79.92
+0.13 (0.16%)
At close: Jul 19, 2024, 4:00 PM
79.52
-0.40 (-0.50%)
Pre-market: Jul 22, 2024, 4:42 AM EDT
East West Bancorp Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for East West Bancorp stock have an average target of 82.31, with a low estimate of 62 and a high estimate of 105. The average target predicts an increase of 2.99% from the current stock price of 79.92.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for EWBC stock from 13 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 | 5 | 6 | 7 | 7 | 7 | 7 |
| Buy | 5 | 6 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $86 → $80 | Strong Buy | Maintains | $86 → $80 | +0.10% | Jul 8, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $94 → $85 | Strong Buy | Maintains | $94 → $85 | +6.36% | Jul 3, 2024 |
| Barclays | Barclays | Buy Maintains $106 → $105 | Buy | Maintains | $106 → $105 | +31.38% | Jun 24, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $90 → $86 | Strong Buy | Maintains | $90 → $86 | +7.61% | Apr 25, 2024 |
| Wedbush | Wedbush | Buy Reiterates $90 | Buy | Reiterates | $90 | +12.61% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
2.30B
from 2.48B
Decreased by -7.55%
Revenue Next Year
2.40B
from 2.30B
Increased by 4.40%
EPS This Year
8.17
from 8.18
Decreased by -0.17%
EPS Next Year
8.59
from 8.17
Increased by 5.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4B | 2.5B | 3.1B |
| Avg | 2.3B | 2.4B | 2.8B |
| Low | 2.2B | 2.3B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.8% | 9.1% | 28.8% |
| Avg | -7.6% | 4.4% | 18.2% |
| Low | -12.5% | -2.0% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.63 | 9.45 | 11.15 |
| Avg | 8.17 | 8.59 | 9.83 |
| Low | 7.67 | 7.60 | 8.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.5% | 15.7% | 29.8% |
| Avg | -0.2% | 5.2% | 14.5% |
| Low | -6.2% | -6.9% | 4.2% |
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.