Preferred Bank Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Preferred Bank stock have an average target of 99.5, with a low estimate of 94 and a high estimate of 105. The average target predicts an increase of 5.22% from the current stock price of 94.56.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$94	$99.5	$105	$105
Change	-0.59%	+5.22%	+11.04%	+11.04%

* Price targets were last updated on Oct 22, 2024.

Analyst Ratings

The average analyst rating for Preferred Bank stock from 2 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Terrell Stephens & Co.	Stephens & Co.	Buy Maintains $90 → $94	Buy	Maintains	$90 → $94	-0.59%	Oct 22, 2024
Andrew Terrell Stephens & Co.	Stephens & Co.	Buy Maintains $84 → $95	Buy	Maintains	$84 → $95	+0.47%	Jul 30, 2024
Matthew Clark Piper Sandler	Piper Sandler	Buy Maintains $88 → $105	Buy	Maintains	$88 → $105	+11.04%	Jul 29, 2024
Andrew Terrell Stephens & Co.	Stephens & Co.	Buy Maintains $64 → $68	Buy	Maintains	$64 → $68	-28.09%	Jul 21, 2023
Andrew Terrell Stephens & Co.	Stephens & Co.	Buy Reiterates $64	Buy	Reiterates	$64	-32.32%	Jul 20, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

275.13M

Revenue Next Year

264.41M

from 275.13M

-3.90%

from 275.13M

EPS This Year

9.93

from 10.52

-5.60%

from 10.52

EPS Next Year

9.00

from 9.93

-9.38%

from 9.93

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	-	-	-	-	-	275.13M	264.41M	280.15M
Revenue Growth	10.37%	-8.80%	28.60%	26.64%	13.87%	-	-3.90%	5.95%
EPS	5.16	4.65	6.41	8.70	10.52	9.93	9.00	9.47
EPS Growth	11.26%	-9.88%	37.76%	35.81%	20.92%	-5.60%	-9.38%	5.18%
Forward PE	-	-	-	-	-	9.52	10.51	9.99
No. Analysts	-	-	-	-	-	7	7	6

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

Revenue Forecast

Revenue	2024	2025	2026
High	284.2M	275.6M	305.3M
Avg	275.1M	264.4M	280.2M
Low	263.5M	249.3M	256.7M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	0.2%	15.5%
Avg	-	-3.9%	6.0%
Low	-	-9.4%	-2.9%

EPS Forecast

EPS	2024	2025	2026
High	10.30	10.41	10.82
Avg	9.93	9.00	9.47
Low	9.41	8.08	8.08

EPS Growth

EPS Growth	2024	2025	2026
High	-2.1%	4.8%	20.2%
Avg	-5.6%	-9.4%	5.2%
Low	-10.6%	-18.6%	-10.2%

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.