Hope Bancorp, Inc. (HOPE)
NASDAQ: HOPE · IEX Real-Time Price · USD
12.69
+0.03 (0.24%)
At close: Jul 19, 2024, 4:00 PM
12.78
+0.09 (0.71%)
Pre-market: Jul 20, 2024, 9:26 AM EDT
Hope Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Hope Bancorp stock have an average target of 11.83, with a low estimate of 11 and a high estimate of 12.5. The average target predicts a decrease of -6.78% from the current stock price of 12.69.
Analyst Consensus: Buy
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for Hope Bancorp stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | -5.44% | May 1, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $13 | Hold → Strong Buy | Upgrades | $13 | -1.50% | Apr 30, 2024 |
| Wedbush | Wedbush | Hold Maintains $12 → $11 | Hold | Maintains | $12 → $11 | -13.32% | Apr 30, 2024 |
| Wedbush | Wedbush | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | -5.44% | Jan 31, 2024 |
| Wedbush | Wedbush | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | -29.08% | Oct 24, 2023 |
Financial Forecast
Revenue This Year
520.79M
from 542.34M
Decreased by -3.97%
Revenue Next Year
644.23M
from 520.79M
Increased by 23.70%
EPS This Year
0.91
from 1.11
Decreased by -18.22%
EPS Next Year
1.38
from 0.91
Increased by 52.31%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 562.9M | 675.0M |
| Avg | 520.8M | 644.2M |
| Low | 491.3M | 603.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 3.8% | 29.6% |
| Avg | -4.0% | 23.7% |
| Low | -9.4% | 15.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.97 | 1.55 |
| Avg | 0.91 | 1.38 |
| Low | 0.85 | 1.17 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -13.0% | 71.2% |
| Avg | -18.2% | 52.3% |
| Low | -23.2% | 29.3% |
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.