Middlefield Banc Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Middlefield Banc stock has a target of 32, which predicts an increase of 11.38% from the current stock price of 28.73.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32	$32	$32	$32
Change	+11.38%	+11.38%	+11.38%	+11.38%

Analyst Ratings

According to 1 stock analyst, the rating for MBCN is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0
Buy	0	0	0	0	0
Hold	2	2	2	2	1
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $30 → $32	Hold	Maintains	$30 → $32	+11.38%	Dec 4, 2024
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Reiterates $30 → $25	Hold	Reiterates	$30 → $25	-12.98%	May 2, 2024
Daniel Tamayo Raymond James	Raymond James	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Aug 31, 2023
Daniel Cardenas Janney Montgomery Scott	Janney Montgomery Scott	Hold Initiates $30	Hold	Initiates	$30	+4.42%	Dec 21, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

69.77M

Revenue Next Year

72.93M

from 69.77M

4.53%

from 69.77M

EPS This Year

1.82

from 2.14

-15.16%

from 2.14

EPS Next Year

1.86

from 1.82

2.23%

from 1.82

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	-	-	-	-	-	69.77M	72.93M	77.08M
Revenue Growth	4.62%	-12.79%	38.21%	4.17%	21.03%	-	4.53%	5.69%
EPS	1.95	1.30	3.00	2.59	2.14	1.82	1.86	2.11
EPS Growth	2.09%	-33.33%	130.77%	-13.67%	-17.37%	-15.16%	2.23%	13.72%
Forward PE	-	-	-	-	-	15.82	15.48	13.61
No. Analysts	-	-	-	-	-	6	6	6

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

Revenue Forecast

Revenue	2024	2025	2026
High	72.0M	75.6M	81.4M
Avg	69.8M	72.9M	77.1M
Low	66.6M	69.7M	72.5M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	8.4%	11.6%
Avg	-	4.5%	5.7%
Low	-	-0.1%	-0.6%

EPS Forecast

EPS	2024	2025	2026
High	1.89	2.02	2.35
Avg	1.82	1.86	2.11
Low	1.71	1.74	1.88

EPS Growth

EPS Growth	2024	2025	2026
High	-11.7%	11.0%	26.7%
Avg	-15.2%	2.2%	13.7%
Low	-20.3%	-4.0%	1.4%

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.