NBT Bancorp Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for NBT Bancorp stock have an average target of 42.6, with a low estimate of 39 and a high estimate of 49. The average target predicts a decrease of -4.53% from the current stock price of 44.62.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$39	$42.6	$41	$49
Change	-12.60%	-4.53%	-8.11%	+9.82%

Analyst Ratings

The average analyst rating for NBT Bancorp stock from 5 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	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	1	1	1	1	1	1
Buy	4	4	4	4	4	2
Hold	1	1	1	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matt Breese Stephens & Co.	Stephens & Co.	Hold Reiterates $49	Hold	Reiterates	$49	+9.82%	Sep 10, 2024
Matt Breese Stephens & Co.	Stephens & Co.	Buy Reiterates $42	Buy	Reiterates	$42	-5.87%	Jul 23, 2024
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $41 → $39	Hold	Maintains	$41 → $39	-12.60%	Apr 24, 2024
Matt Breese Stephens & Co.	Stephens & Co.	Buy Reiterates $42	Buy	Reiterates	$42	-5.87%	Apr 23, 2024
Jake Civiello Janney Montgomery Scott	Janney Montgomery Scott	Hold → Strong Buy Upgrades $39	Hold → Strong Buy	Upgrades	$39	-12.60%	Mar 21, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

581.32M

Revenue Next Year

621.33M

from 581.32M

6.88%

from 581.32M

EPS This Year

2.93

from 2.65

10.49%

from 2.65

EPS Next Year

3.31

from 2.93

13.01%

from 2.93

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	581.32M	621.33M
Revenue Growth	7.12%	-4.50%	18.58%	2.77%	-2.05%	-	6.88%
EPS	2.74	2.37	3.54	3.52	2.65	2.93	3.31
EPS Growth	7.03%	-13.50%	49.37%	-0.56%	-24.72%	10.49%	13.01%
Forward PE	-	-	-	-	-	15.24	13.48
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2024	2025
High	599.6M	648.0M
Avg	581.3M	621.3M
Low	557.6M	592.9M

Revenue Growth

Revenue Growth	2024	2025
High	-	11.5%
Avg	-	6.9%
Low	-	2.0%

EPS Forecast

EPS	2024	2025
High	3.06	3.52
Avg	2.93	3.31
Low	2.75	3.06

EPS Growth

EPS Growth	2024	2025
High	15.3%	20.1%
Avg	10.5%	13.0%
Low	3.9%	4.4%

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.