Heritage Commerce Corp (HTBK)
NASDAQ: HTBK · IEX Real-Time Price · USD
8.00
-0.18 (-2.20%)
At close: Apr 26, 2024, 4:00 PM
8.15
+0.15 (1.88%)
After-hours: Apr 26, 2024, 4:52 PM EDT
Heritage Commerce Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Heritage Commerce stock have an average target of 10.75, with a low estimate of 10 and a high estimate of 11. The average target predicts an increase of 34.38% from the current stock price of 8.00.
Analyst Consensus: Buy
* Price targets were last updated on Jan 26, 2024.
Analyst Ratings
The average analyst rating for HTBK stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +37.50% | Jan 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +37.50% | Jan 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $9.5 → $11 | Buy | Maintains | $9.5 → $11 | +37.50% | Jan 5, 2024 |
| Raymond James | Raymond James | Buy Maintains $11 → $9.5 | Buy | Maintains | $11 → $9.5 | +18.75% | Oct 30, 2023 |
| Stephens & Co. | Stephens & Co. | Buy → Hold Downgrades $10 | Buy → Hold | Downgrades | $10 | +25.00% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
178.32M
from 191.47M
Decreased by -6.87%
Revenue Next Year
190.02M
from 178.32M
Increased by 6.56%
EPS This Year
0.81
from 1.05
Decreased by -23.09%
EPS Next Year
0.88
from 0.81
Increased by 9.26%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 190.0M | 203.9M |
| Avg | 178.3M | 190.0M |
| Low | 163.2M | 167.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -0.8% | 14.4% |
| Avg | -6.9% | 6.6% |
| Low | -14.8% | -6.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.91 | 1.09 |
| Avg | 0.81 | 0.88 |
| Low | 0.69 | 0.71 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -13.0% | 35.2% |
| Avg | -23.1% | 9.3% |
| Low | -34.7% | -12.6% |
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.