Provident Bancorp Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Provident Bancorp stock has a target of 12, which predicts an increase of 3.90% from the current stock price of 11.55.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$12	$12	$12	$12
Change	+3.90%	+3.90%	+3.90%	+3.90%

* Price targets were last updated on Nov 20, 2024.

Analyst Ratings

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

Recommendation Trends

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matt Breese Stephens & Co.	Stephens & Co.	Hold Maintains $11 → $12	Hold	Maintains	$11 → $12	+3.90%	Nov 20, 2024
Matt Breese Stephens & Co.	Stephens & Co.	Hold Reiterates $11	Hold	Reiterates	$11	-4.76%	Jul 30, 2024
Matt Breese Stephens & Co.	Stephens & Co.	Hold Reiterates $11	Hold	Reiterates	$11	-4.76%	May 13, 2024
Matt Breese Stephens & Co.	Stephens & Co.	Buy → Hold Downgrades $18 → $12	Buy → Hold	Downgrades	$18 → $12	+3.90%	Nov 16, 2022
Matt Breese Stephens & Co.	Stephens & Co.	Buy Maintains $19 → $18	Buy	Maintains	$19 → $18	+55.84%	Aug 8, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

57.02M

Revenue Next Year

60.38M

from 57.02M

5.90%

from 57.02M

EPS This Year

0.30

from 0.66

-55.18%

from 0.66

EPS Next Year

0.44

from 0.30

48.28%

from 0.30

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	-	-	-	-	-	57.02M	60.38M	63.44M
Revenue Growth	11.06%	24.29%	18.31%	-60.09%	166.29%	-	5.90%	5.07%
EPS	0.60	0.66	0.93	-1.30	0.66	0.30	0.44	0.58
EPS Growth	21.03%	10.00%	40.91%	-	-	-55.18%	48.28%	32.56%
Forward PE	-	-	-	-	-	39.05	26.33	19.87
No. Analysts	-	-	-	-	-	3	3	3

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

Revenue Forecast

Revenue	2024	2025	2026
High	58.7M	62.2M	65.3M
Avg	57.0M	60.4M	63.4M
Low	54.8M	58.0M	61.0M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	9.0%	8.2%
Avg	-	5.9%	5.1%
Low	-	1.8%	0.9%

EPS Forecast

EPS	2024	2025	2026
High	0.30	0.45	0.60
Avg	0.30	0.44	0.58
Low	0.28	0.42	0.56

EPS Growth

EPS Growth	2024	2025	2026
High	-53.9%	52.6%	36.5%
Avg	-55.2%	48.3%	32.6%
Low	-56.9%	42.5%	27.4%

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.