Fifth Third Bancorp (FITB)
NASDAQ: FITB · Real-Time Price · USD
42.93
+0.67 (1.59%)
Dec 20, 2024, 4:00 PM EST - Market closed
Fifth Third Bancorp Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Fifth Third Bancorp stock have an average target of 45.47, with a low estimate of 32 and a high estimate of 54. The average target predicts an increase of 5.92% from the current stock price of 42.93.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FITB stock from 16 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 9 | 9 | 7 | 7 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 16 | 16 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $45 → $51 | Hold | Maintains | $45 → $51 | +18.80% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $49 → $54 | Buy | Maintains | $49 → $54 | +25.79% | Dec 3, 2024 |
| Citigroup | Citigroup | Hold Maintains $43 → $52 | Hold | Maintains | $43 → $52 | +21.13% | Nov 22, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $52 → $54 | Buy | Maintains | $52 → $54 | +25.79% | Nov 15, 2024 |
| Barclays | Barclays | Buy Maintains $43 → $51 | Buy | Maintains | $43 → $51 | +18.80% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
8.74B
Revenue Next Year
9.21B
from 8.74B
Increased by 5.40%
EPS This Year
3.23
from 3.22
Increased by 0.42%
EPS Next Year
3.72
from 3.23
Increased by 15.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.1B | 9.7B | 10.1B | |
| Avg | 8.7B | 9.2B | 9.6B | |
| Low | 8.3B | 8.7B | 8.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 10.5% | 10.1% | |
| Avg | - | 5.4% | 4.5% | |
| Low | - | -0.2% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.48 | 4.14 | 4.60 | |||
| Avg | 3.23 | 3.72 | 4.15 | |||
| Low | 3.07 | 3.45 | 3.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.9% | 27.9% | 23.5% | |||
| Avg | 0.4% | 15.2% | 11.5% | |||
| Low | -4.7% | 6.7% | -6.0% |
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.