FS Bancorp, Inc. (FSBW)

FS Bancorp Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, FS Bancorp stock has a consensus rating of "Buy" and an average price target of $45.5. The average 1-year stock price forecast is 14.73% higher than the current stock price, while the lowest is $44 (+10.94%) and the highest is $47 (+18.51%).

Price Target: $45.5 (+14.73%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$44	$45.5	$45.5	$47
Change	+10.94%	+14.73%	+14.73%	+18.51%

* Price targets were last updated on Feb 27, 2026.

Analyst Ratings

The average analyst rating for FS 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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $45 → $46	Hold	Maintains	$45 → $46	+15.99%	Feb 27, 2026
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $47 → $45	Hold	Maintains	$47 → $45	+13.46%	Jan 26, 2026
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $41 → $44	Hold	Maintains	$41 → $44	+10.94%	Jul 24, 2025
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $34 → $44	Hold	Maintains	$34 → $44	+10.94%	Jul 25, 2024
Jeff Rulis DA Davidson	DA Davidson	Hold Maintains $35 → $34	Hold	Maintains	$35 → $34	-14.27%	May 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

163.01M

Increased by 13.88%

from 143.14M

Revenue Next Year

177.68M

Increased by 9.00%

from 163.01M

EPS This Year

4.31

Increased by 0.45%

from 4.29

EPS Next Year

5.14

Increased by 19.18%

from 4.31

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	123.66M	116.17M	139.02M	139.15M	143.14M	163.01M	177.68M
Revenue Growth	6.20%	-6.06%	19.67%	0.09%	2.87%	13.88%	9.00%
EPS	4.37	3.70	4.56	4.36	4.29	4.31	5.14
EPS Growth	-2.67%	-15.33%	23.24%	-4.39%	-1.61%	0.45%	19.18%
Forward PE	-	-	-	-	-	9.20	7.72
No. Analysts	-	-	-	-	-	5	5

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

Revenue Forecast

Revenue	2026	2027
High	169.1M	184.8M
Avg	163.0M	177.7M
Low	155.5M	168.9M

Revenue Growth

Revenue Growth	2026	2027
High	18.1%	13.4%
Avg	13.9%	9.0%
Low	8.6%	3.6%

EPS Forecast

EPS	2026	2027
High	4.50	5.32
Avg	4.31	5.14
Low	4.08	4.90

EPS Growth

EPS Growth	2026	2027
High	5.0%	23.5%
Avg	0.5%	19.2%
Low	-5.0%	13.7%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.