Hope Bancorp, Inc. (HOPE)
NASDAQ: HOPE · Real-Time Price · USD
12.47
-0.06 (-0.48%)
Oct 29, 2024, 4:00 PM EDT - Market closed

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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$12$14
Hold Maintains $12$14 +12.27% Jul 30, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$13$12
Hold Maintains $13$12 -3.77% May 1, 2024
DA Davidson
DA Davidson
Strong Buy
Upgrades
$13
Strong Buy Upgrades $13 +0.24% Apr 30, 2024
Wedbush
Wedbush
Hold
Maintains
$12$11
Hold Maintains $12$11 -11.79% Apr 30, 2024
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
Increased by 27.33%
EPS This Year
0.86
from 1.11
Decreased by -22.46%
EPS Next Year
1.35
from 0.86
Increased by 56.67%
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
-----496.16M631.77M659.88M
Revenue Growth
-4.54%-16.32%33.49%9.08%-12.56%-27.33%4.45%
EPS
1.350.901.661.811.110.861.35-
EPS Growth
-6.21%-33.33%84.44%9.04%-38.67%-22.46%56.67%-
Forward PE
-----14.499.25-
No. Analysts -----773
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High -
33.3%
7.5%
Avg -
27.3%
4.4%
Low -
20.4%
0.4%

EPS Forecast

EPS 20242025
High 0.95 1.43
Avg 0.86 1.35
Low 0.73 1.23

EPS Growth

EPS Growth 20242025
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.