First Bancorp (FBNC)
NASDAQ: FBNC · Real-Time Price · USD
48.12
+1.43 (3.06%)
Nov 22, 2024, 4:00 PM EST - Market closed
First Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for First Bancorp stock has a target of 45, which predicts a decrease of -6.48% from the current stock price of 48.12.
Analyst Consensus: Buy
* Price targets were last updated on Jul 25, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for First Bancorp is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 2 | 3 | 3 | 3 | 3 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 5 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $40 → $45 | Buy | Maintains | $40 → $45 | -6.48% | Jul 25, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $34 → $32 | Buy | Maintains | $34 → $32 | -33.50% | Oct 26, 2023 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $37 → $34 | Hold → Strong Buy | Upgrades | $37 → $34 | -29.34% | Sep 14, 2023 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 31, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $40 → $37 | Buy | Maintains | $40 → $37 | -23.11% | Jul 27, 2023 |
Financial Forecast
Revenue This Year
396.83M
Revenue Next Year
436.00M
from 396.83M
Increased by 9.87%
EPS This Year
2.78
from 2.53
Increased by 9.88%
EPS Next Year
3.17
from 2.78
Increased by 14.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 409.5M | 454.7M | 477.8M |
| Avg | 396.8M | 436.0M | 463.5M |
| Low | 380.3M | 413.5M | 444.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 14.6% | 9.6% |
| Avg | - | 9.9% | 6.3% |
| Low | - | 4.2% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.89 | 3.43 | 3.73 |
| Avg | 2.78 | 3.17 | 3.42 |
| Low | 2.65 | 2.81 | 3.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.1% | 23.5% | 17.5% |
| Avg | 9.9% | 14.1% | 7.8% |
| Low | 4.6% | 1.2% | -5.2% |
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.