Hope Bancorp Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Hope Bancorp stock have an average target of 12.5, with a low estimate of 11 and a high estimate of 14. The average target predicts an increase of 0.24% from the current stock price of 12.47.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$11	$12.5	$12.5	$14
Change	-11.79%	+0.24%	+0.24%	+12.27%

* Price targets were last updated on Jul 30, 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	2	2	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
Christopher Mcgratty Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $12 → $14	Hold	Maintains	$12 → $14	+12.27%	Jul 30, 2024
Christopher Mcgratty Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $13 → $12	Hold	Maintains	$13 → $12	-3.77%	May 1, 2024
Gary Tenner DA Davidson	DA Davidson	Hold → Strong Buy Upgrades $13	Hold → Strong Buy	Upgrades	$13	+0.24%	Apr 30, 2024
David Chiaverini Wedbush	Wedbush	Hold Maintains $12 → $11	Hold	Maintains	$12 → $11	-11.79%	Apr 30, 2024
David Chiaverini Wedbush	Wedbush	Hold Maintains $13 → $12	Hold	Maintains	$13 → $12	-3.77%	Jan 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

496.16M

Revenue Next Year

631.77M

from 496.16M

27.33%

from 496.16M

EPS This Year

0.86

from 1.11

-22.46%

from 1.11

EPS Next Year

1.35

from 0.86

56.67%

from 0.86

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	496.16M	631.77M	659.88M
Revenue Growth	-4.54%	-16.32%	33.49%	9.08%	-12.56%	-	27.33%	4.45%
EPS	1.35	0.90	1.66	1.81	1.11	0.86	1.35	-
EPS Growth	-6.21%	-33.33%	84.44%	9.04%	-38.67%	-22.46%	56.67%	-
Forward PE	-	-	-	-	-	14.49	9.25	-
No. Analysts	-	-	-	-	-	7	7	3

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

Revenue Forecast

Revenue	2024	2025	2026
High	517.5M	661.6M	679.3M
Avg	496.2M	631.8M	659.9M
Low	472.1M	597.6M	634.0M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	33.3%	7.5%
Avg	-	27.3%	4.4%
Low	-	20.4%	0.4%

EPS Forecast

EPS	2024	2025
High	0.95	1.43
Avg	0.86	1.35
Low	0.73	1.23

EPS Growth

EPS Growth	2024	2025
High	-14.0%	65.9%
Avg	-22.5%	56.7%
Low	-34.7%	42.3%

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.