Fifth Third Bancorp (FITB)
NASDAQ: FITB · IEX Real-Time Price · USD
34.29
+0.19 (0.56%)
Apr 18, 2024, 12:59 PM EDT - Market open
Fifth Third Bancorp Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Fifth Third Bancorp stock have an average target of 37.03, with a low estimate of 30 and a high estimate of 44. The average target predicts an increase of 7.99% from the current stock price of 34.29.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 1 |
| Buy | 7 | 7 | 6 | 6 | 5 | 5 |
| Hold | 6 | 5 | 6 | 6 | 8 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 14 | 14 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $37 → $39 | Hold | Maintains | $37 → $39 | +13.74% | Apr 5, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $42 → $39 | Strong Buy → Hold | Downgrades | $42 → $39 | +13.74% | Apr 4, 2024 |
| Baird | Baird | Buy → Hold Downgrades $32 | Buy → Hold | Downgrades | $32 | -6.68% | Apr 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $40 → $44 | Buy | Maintains | $40 → $44 | +28.32% | Mar 28, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $37 → $40 | Hold | Maintains | $37 → $40 | +16.65% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
8.78B
from 8.19B
Increased by 7.19%
Revenue Next Year
9.18B
from 8.78B
Increased by 4.54%
EPS This Year
3.26
from 3.22
Increased by 1.37%
EPS Next Year
3.58
from 3.26
Increased by 9.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.1B | 9.6B | 10.1B |
| Avg | 8.8B | 9.2B | 9.5B |
| Low | 8.3B | 8.6B | 8.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.3% | 9.3% | 9.8% |
| Avg | 7.2% | 4.5% | 4.0% |
| Low | 1.2% | -2.5% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.52 | 3.89 | 4.36 | 3.34 | 3.53 |
| Avg | 3.26 | 3.58 | 3.80 | 3.24 | 3.43 |
| Low | 2.98 | 3.19 | 3.00 | 3.12 | 3.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2% | 19.0% | 21.7% | -12.2% | 8.8% |
| Avg | 1.4% | 9.7% | 6.3% | -14.7% | 5.7% |
| Low | -7.5% | -2.4% | -16.2% | -18.1% | 1.5% |
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.