Heritage Commerce Corp (HTBK)
NASDAQ: HTBK · Real-Time Price · USD
9.56
-0.09 (-0.93%)
Nov 4, 2024, 4:00 PM EST - Market closed
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 20.29% from the current stock price of 9.56.
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 | +25.52% | Jul 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $11 → $12 | Buy | Maintains | $11 → $12 | +20.29% | Jul 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | +4.60% | Apr 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +15.06% | Jan 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +15.06% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
167.87M
Revenue Next Year
176.98M
from 167.87M
Increased by 5.43%
EPS This Year
0.68
from 1.05
Decreased by -35.08%
EPS Next Year
0.74
from 0.68
Increased by 8.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 178.5M | 191.2M | 209.0M |
| Avg | 167.9M | 177.0M | 187.0M |
| Low | 157.8M | 164.0M | 172.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 13.9% | 18.1% |
| Avg | - | 5.4% | 5.7% |
| Low | - | -2.3% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.74 | 0.98 | 0.92 |
| Avg | 0.68 | 0.74 | 0.80 |
| Low | 0.63 | 0.57 | 0.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -30.0% | 43.2% | 24.4% |
| Avg | -35.1% | 9.0% | 7.1% |
| Low | -40.3% | -16.6% | -6.3% |
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.