First BanCorp. (FBP)

First BanCorp. Stock Forecast

Stock Price Forecast

The 4 analysts that cover First BanCorp. stock have a consensus rating of "Buy" and an average price target of $24.13, which forecasts a 17.31% increase in the stock price over the next year. The lowest target is $23 and the highest is $25.

Price Target: $24.13 (+17.31%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$24.13	$24.5	$25
Change	+11.81%	+17.31%	+19.11%	+21.54%

* Price targets were last updated on Jan 30, 2026.

Analyst Ratings

The average analyst rating for First BanCorp. stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Manuel Navas Piper Sandler	Piper Sandler	Hold Reiterates $23 → $24	Hold	Reiterates	$23 → $24	+16.67%	Jan 30, 2026
Arren Cyganovich Truist Securities	Truist Securities	Strong Buy Maintains $24 → $25	Strong Buy	Maintains	$24 → $25	+21.54%	Jan 29, 2026
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $24 → $25	Hold	Maintains	$24 → $25	+19.11%	Jan 28, 2026
Manuel Navas Piper Sandler	Piper Sandler	Hold Initiates $23	Hold	Initiates	$23	+11.81%	Jan 15, 2026
Arren Cyganovich Truist Securities	Truist Securities	Strong Buy Maintains $25 → $24	Strong Buy	Maintains	$25 → $24	+16.67%	Oct 27, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.05B

Increased by 15.10%

from 914.86M

Revenue Next Year

1.10B

Increased by 4.56%

from 1.05B

EPS This Year

2.19

Increased by 1.81%

from 2.15

EPS Next Year

2.37

Increased by 8.41%

from 2.19

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	916.12M	890.62M	863.28M	876.76M	914.86M	1.05B	1.10B
Revenue Growth	71.02%	-2.78%	-3.07%	1.56%	4.35%	15.10%	4.56%
EPS	1.31	1.59	1.71	1.81	2.15	2.19	2.37
EPS Growth	185.29%	21.37%	7.55%	5.85%	18.79%	1.81%	8.41%
Forward PE	-	-	-	-	-	9.40	8.67
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2026	2027
High	1.1B	1.2B
Avg	1.1B	1.1B
Low	896.6M	937.5M

Revenue Growth

Revenue Growth	2026	2027
High	25.6%	14.7%
Avg	15.1%	4.6%
Low	-2.0%	-11.0%

EPS Forecast

EPS	2026	2027
High	2.36	2.57
Avg	2.19	2.37
Low	2.02	2.13

EPS Growth

EPS Growth	2026	2027
High	9.9%	17.5%
Avg	1.8%	8.4%
Low	-6.1%	-2.8%

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.