First BanCorp. Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for First BanCorp. stock have an average target of 21.75, with a low estimate of 20 and a high estimate of 25. The average target predicts an increase of 10.52% from the current stock price of 19.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20	$21.75	$21	$25
Change	+1.63%	+10.52%	+6.71%	+27.03%

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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	2	2	2	2	2	2
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	Hold Maintains $22 → $20	Hold	Maintains	$22 → $20	+1.63%	Jan 6, 2025
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $24 → $25	Buy	Maintains	$24 → $25	+27.03%	Dec 4, 2024
Timur Braziler Wells Fargo	Wells Fargo	Hold Maintains $20 → $22	Hold	Maintains	$20 → $22	+11.79%	Dec 3, 2024
Timur Braziler Wells Fargo	Wells Fargo	Hold Maintains $22 → $20	Hold	Maintains	$22 → $20	+1.63%	Oct 24, 2024
Frank Schiraldi Piper Sandler	Piper Sandler	Hold Maintains $22 → $21	Hold	Maintains	$22 → $21	+6.71%	Oct 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

818.56M

Revenue Next Year

888.82M

from 818.56M

8.58%

from 818.56M

EPS This Year

1.78

from 1.71

3.94%

from 1.71

EPS Next Year

1.80

from 1.78

1.00%

from 1.78

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	818.56M	888.82M	955.41M
Revenue Growth	15.46%	-12.30%	71.02%	-2.78%	-3.07%	-	8.58%	7.49%
EPS	0.76	0.46	1.31	1.59	1.71	1.78	1.80	2.06
EPS Growth	-17.39%	-39.58%	185.29%	21.37%	7.55%	3.94%	1.00%	14.87%
Forward PE	-	-	-	-	-	11.07	10.96	9.54
No. Analysts	-	-	-	-	-	7	7	6

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

Revenue Forecast

Revenue	2024	2025	2026
High	864.6M	1.0B	1.1B
Avg	818.6M	888.8M	955.4M
Low	783.9M	824.2M	881.6M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	26.2%	23.6%
Avg	-	8.6%	7.5%
Low	-	0.7%	-0.8%

EPS Forecast

EPS	2024	2025	2026
High	1.89	1.91	2.23
Avg	1.78	1.80	2.06
Low	1.71	1.68	1.91

EPS Growth

EPS Growth	2024	2025	2026
High	10.5%	7.5%	24.0%
Avg	3.9%	1.0%	14.9%
Low	-0.3%	-5.7%	6.4%

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.