First BanCorp. Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for First BanCorp. stock have an average target of 22.5, with a low estimate of 21 and a high estimate of 26. The average target predicts an increase of 12.05% from the current stock price of 20.08.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$21	$22.5	$22	$26
Change	+4.58%	+12.05%	+9.56%	+29.48%

Analyst Ratings

The average analyst rating for First BanCorp. stock from 4 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	0	0	0	0	0	0
Buy	2	2	2	2	2	3
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Timur Braziler Wells Fargo	Wells Fargo	Buy Maintains $20 → $22	Buy	Maintains	$20 → $22	+9.56%	Apr 28, 2025
Timur Braziler Wells Fargo	Wells Fargo	Hold → Buy Upgrades $20	Hold → Buy	Upgrades	$20	-0.40%	Apr 9, 2025
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $25 → $26	Buy	Maintains	$25 → $26	+29.48%	Jan 24, 2025
Timur Braziler Wells Fargo	Wells Fargo	Hold Maintains $22 → $20	Hold	Maintains	$22 → $20	-0.40%	Jan 6, 2025
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $24 → $25	Buy	Maintains	$24 → $25	+24.50%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

932.01M

from 879.85M

5.93%

from 879.85M

Revenue Next Year

993.77M

from 932.01M

6.63%

from 932.01M

EPS This Year

1.84

from 1.81

1.46%

from 1.81

EPS Next Year

2.10

from 1.84

14.13%

from 1.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	535.68M	916.12M	890.62M	863.27M	879.85M	932.01M	993.77M	1.10B
Revenue Growth	-12.30%	71.02%	-2.78%	-3.07%	1.92%	5.93%	6.63%	10.99%
EPS	0.46	1.31	1.59	1.71	1.81	1.84	2.10	2.25
EPS Growth	-39.58%	185.29%	21.37%	7.55%	5.85%	1.46%	14.13%	7.47%
Forward PE	-	-	-	-	-	10.93	9.58	8.92
No. Analysts	-	-	-	-	-	7	7	2

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.1B	1.1B	1.1B
Avg	932.0M	993.8M	1.1B
Low	845.8M	907.3M	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	19.5%	20.1%	15.4%
Avg	5.9%	6.6%	11.0%
Low	-3.9%	-2.7%	7.7%

EPS Forecast

EPS	2025	2026	2027
High	2.00	2.27	2.34
Avg	1.84	2.10	2.25
Low	1.72	1.91	2.19

EPS Growth

EPS Growth	2025	2026	2027
High	10.2%	23.5%	11.7%
Avg	1.5%	14.1%	7.5%
Low	-4.7%	4.1%	4.3%

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.