Heritage Commerce Corp (HTBK)
NASDAQ: HTBK · Real-Time Price · USD
10.83
+0.31 (2.95%)
Nov 21, 2024, 11:44 AM EST - Market open
Heritage Commerce Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Heritage Commerce stock have an average target of 11.5, with a low estimate of 11 and a high estimate of 12. The average target predicts an increase of 6.19% from the current stock price of 10.83.
Analyst Consensus: Buy
* Price targets were last updated on Jul 26, 2024.
Analyst Ratings
The average analyst rating for HTBK 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $10 → $12 | Buy | Maintains | $10 → $12 | +10.80% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $11 → $12 | Buy | Maintains | $11 → $12 | +6.19% | Jul 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | -7.66% | Apr 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +1.57% | Jan 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +1.57% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
164.29M
Revenue Next Year
172.63M
from 164.29M
Increased by 5.08%
EPS This Year
0.67
from 1.05
Decreased by -35.89%
EPS Next Year
0.71
from 0.67
Increased by 6.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 170.5M | 183.0M | 200.9M |
| Avg | 164.3M | 172.6M | 185.1M |
| Low | 156.2M | 158.4M | 171.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.4% | 16.4% |
| Avg | - | 5.1% | 7.2% |
| Low | - | -3.6% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.71 | 0.80 | 0.96 |
| Avg | 0.67 | 0.71 | 0.82 |
| Low | 0.63 | 0.57 | 0.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -32.0% | 18.5% | 33.8% |
| Avg | -35.9% | 6.1% | 15.1% |
| Low | -40.3% | -15.6% | -2.5% |
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.