National Bank Holdings Corporation (NBHC)

National Bank Holdings Stock Forecast

Stock Price Forecast

The 3 analysts that cover National Bank Holdings stock have a consensus rating of "Buy" and an average price target of $44.33, which forecasts a 19.10% increase in the stock price over the next year. The lowest target is $43 and the highest is $45.

Price Target: $44.33 (+19.10%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$43	$44.33	$45	$45
Change	+15.53%	+19.10%	+20.90%	+20.90%

* Price targets were last updated on Sep 17, 2025.

Analyst Ratings

The average analyst rating for National Bank Holdings stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	4	4	4	4	4	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $44 → $45	Hold	Maintains	$44 → $45	+20.90%	Sep 17, 2025
Jeff Rulis DA Davidson	DA Davidson	Strong Buy Maintains $42 → $45	Strong Buy	Maintains	$42 → $45	+20.90%	Jul 24, 2025
Jeff Rulis DA Davidson	DA Davidson	Strong Buy Maintains $46 → $42	Strong Buy	Maintains	$46 → $42	+12.84%	Apr 23, 2025
Brett Rabatin Hovde Group	Hovde Group	Hold Maintains $48 → $43	Hold	Maintains	$48 → $43	+15.53%	Apr 2, 2025
Kelly Motta Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $47 → $52	Hold	Maintains	$47 → $52	+39.71%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

433.63M

Increased by 8.48%

from 399.74M

Revenue Next Year

555.47M

Increased by 28.10%

from 433.63M

EPS This Year

3.29

Increased by 6.88%

from 3.08

EPS Next Year

3.74

Increased by 13.54%

from 3.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	315.57M	306.80M	297.42M	417.65M	399.74M	433.63M	555.47M
Revenue Growth	13.90%	-2.78%	-3.06%	40.43%	-4.29%	8.48%	28.10%
EPS	2.85	3.01	2.18	3.72	3.08	3.29	3.74
EPS Growth	11.77%	5.61%	-27.58%	70.64%	-17.20%	6.88%	13.54%
Forward PE	-	-	-	-	-	11.31	9.96
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2025	2026	2027
High	451.5M	578.7M
Avg	433.6M	555.5M
Low	413.9M	523.4M

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.9%	33.4%
Avg	8.5%	28.1%
Low	3.5%	20.7%

EPS Forecast

EPS	2025	2026	2027
High	3.50	3.91
Avg	3.29	3.74
Low	3.06	3.51

EPS Growth

EPS Growth	2025	2026	2027
High	13.5%	18.6%
Avg	6.9%	13.5%
Low	-0.7%	6.5%

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.