Financial Institutions, Inc. (FISI)

Stock Price Forecast

According to 2 stock analysts, the average 12-month stock price forecast for FISI stock stock is $26, which predicts an increase of 53.30%. The lowest target is $23 and the highest is $29. On average, analysts rate FISI stock stock as a hold.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23	$26	$29	$29
Change	+35.61%	+53.30%	+70.99%	+70.99%

* Price targets were last updated on May 1, 2023.

Analyst Ratings

The average analyst rating for FISI stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '23	Jul '23	Aug '23	Sep '23
Strong Buy	0	0	0	0
Buy	0	0	0	0
Hold	2	3	3	3
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	2	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matt Breese Stephens & Co.	Stephens & Co.	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jul 13, 2023
Damon Delmonte Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $24 → $23	Hold	Maintains	$24 → $23	+35.61%	May 1, 2023
Erik Zwick Hovde Group	Hovde Group	Buy → Hold Downgrades $33 → $29	Buy → Hold	Downgrades	$33 → $29	+70.99%	Oct 31, 2022

Full Analyst Rating History

Financial Forecast

Revenue This Year

172.24M

Decreased by -14.02%

from 200.33M

Revenue Next Year

179.54M

Increased by 4.24%

from 172.24M

EPS This Year

3.34

Decreased by -6.12%

from 3.56

EPS Next Year

3.25

Decreased by -2.64%

from 3.34

Year	2018	2019	2020	2021	2022	2023	2024
Revenue	150.41M	162.25M	154.98M	209.97M	200.33M	172.24M	179.54M
Revenue Growth	12.26%	7.87%	-4.48%	35.49%	-4.59%	-14.02%	4.24%
EPS	2.39	2.96	2.30	4.78	3.56	3.34	3.25
EPS Growth	12.21%	23.85%	-22.30%	107.83%	-25.52%	-6.12%	-2.64%
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2023	2024
High	179.6M	191.6M
Avg	172.2M	179.5M
Low	163.5M	165.7M

Revenue Growth

Revenue Growth	2023	2024
High	-10.4%	11.3%
Avg	-14.0%	4.2%
Low	-18.4%	-3.8%

EPS Forecast

EPS	2023	2024
High	3.54	3.52
Avg	3.34	3.25
Low	3.08	2.94

EPS Growth

EPS Growth	2023	2024
High	-0.6%	5.3%
Avg	-6.1%	-2.6%
Low	-13.4%	-12.0%

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.