Middlefield Banc Corp. (MBCN)

Stock Price Forecast

According to 7 stock analysts, the average 12-month stock price forecast for MBCN stock is $29.58, which predicts an increase of 3.86%. The lowest target is $29.29 and the highest is $30.45. On average, analysts rate MBCN stock as a sell.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$29.29	$29.58	$29.58	$30.45
Change	+2.84%	+3.86%	+3.86%	+6.92%

Analyst Ratings

The average analyst rating for MBCN stock from 7 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Oct '22	Nov '22	Dec '22	Jan '23	Feb '23	Mar '23
Strong Buy	2	2	2	0	0	0
Buy	4	4	4	0	0	0
Hold	2	2	2	4	4	4
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	2	2	2
Total	8	8	8	7	7	7

Financial Forecast

Revenue This Year

75.89M

Increased by 33.32%

from 56.92M

Revenue Next Year

77.62M

Increased by 2.28%

from 75.89M

EPS This Year

2.55

Decreased by -1.62%

from 2.59

EPS Next Year

2.57

Increased by 0.88%

from 2.55

Year	2018	2019	2020	2021	2022	2023	2024
Revenue	43.34M	45.34M	39.54M	54.69M	56.92M	75.89M	77.62M
Revenue Growth	5.28%	4.62%	-12.79%	38.32%	4.08%	33.32%	2.28%
EPS	1.91	1.95	1.30	3.00	2.59	2.55	2.57
EPS Growth	23.23%	2.09%	-33.33%	130.77%	-13.67%	-1.62%	0.88%
No. Analysts	-	-	-	-	-	4	4

Revenue Forecast

Revenue	2023	2024
High	78.1M	79.9M
Avg	75.9M	77.6M
Low	72.9M	74.6M

Revenue Growth

Revenue Growth	2023	2024
High	37.2%	5.3%
Avg	33.3%	2.3%
Low	28.1%	-1.7%

EPS Forecast

EPS	2023	2024
High	2.73	2.67
Avg	2.55	2.57
Low	2.35	2.45

EPS Growth

EPS Growth	2023	2024
High	5.4%	4.7%
Avg	-1.6%	0.9%
Low	-9.3%	-3.8%

Sources: Price target, rating and forecast data provided by Finnhub and sourced from Wall Street analysts and other sell-side and buy-side analysts and investors. Data disclaimer.