First Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for First Bancorp stock have an average target of 50, which predicts an increase of 24.04% from the current stock price of 40.31.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$50	$50	$50	$50
Change	+24.04%	+24.04%	+24.04%	+24.04%

Analyst Ratings

The average analyst rating for First Bancorp stock from 3 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	3	1	1	1	2	2
Hold	1	0	0	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	1	1	2	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Russell Gunther Stephens & Co.	Stephens & Co.	Buy Maintains $48 → $50	Buy	Maintains	$48 → $50	+24.04%	Apr 28, 2025
Wood Lay Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $51 → $50	Buy	Maintains	$51 → $50	+24.04%	Apr 24, 2025
Russell Gunther Stephens & Co.	Stephens & Co.	Buy Initiates $48	Buy	Initiates	$48	+19.08%	Mar 26, 2025
Christopher Marinac Janney Montgomery Scott	Janney Montgomery Scott	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Feb 7, 2025
Wood Lay Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $49 → $56	Buy	Maintains	$49 → $56	+38.92%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

443.55M

from 333.72M

32.91%

from 333.72M

Revenue Next Year

471.11M

from 443.55M

6.21%

from 443.55M

EPS This Year

3.36

from 1.84

82.27%

from 1.84

EPS Next Year

3.66

from 3.36

8.87%

from 3.36

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	264.43M	304.98M	370.49M	386.34M	333.72M	443.55M	471.11M
Revenue Growth	-3.31%	15.33%	21.48%	4.28%	-13.62%	32.91%	6.21%
EPS	2.81	3.19	4.12	2.53	1.84	3.36	3.66
EPS Growth	-9.23%	13.30%	29.31%	-38.58%	-27.10%	82.27%	8.87%
Forward PE	-	-	-	-	-	11.99	11.02
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2025	2026
High	458.8M	488.5M
Avg	443.6M	471.1M
Low	424.3M	448.8M

Revenue Growth

Revenue Growth	2025	2026
High	37.5%	10.1%
Avg	32.9%	6.2%
Low	27.2%	1.2%

EPS Forecast

EPS	2025	2026
High	3.62	3.89
Avg	3.36	3.66
Low	3.14	3.35

EPS Growth

EPS Growth	2025	2026
High	96.4%	15.6%
Avg	82.3%	8.9%
Low	70.2%	-0.3%

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.