NBT Bancorp Inc. (NBTB)
NASDAQ: NBTB · IEX Real-Time Price · USD
35.90
-0.12 (-0.33%)
Apr 24, 2024, 4:00 PM EDT - Market closed
NBT Bancorp Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for NBT Bancorp stock have an average target of 41.33, with a low estimate of 39 and a high estimate of 45. The average target predicts an increase of 15.13% from the current stock price of 35.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NBT Bancorp stock from 6 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 2 | 2 | 3 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $41 → $39 | Hold | Maintains | $41 → $39 | +8.64% | Apr 24, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $42 | Buy | Reiterates | $42 | +16.99% | Apr 23, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades $39 | Hold → Strong Buy | Upgrades | $39 | +8.64% | Mar 21, 2024 |
| Stephens & Co. | Stephens & Co. | Hold → Buy Upgrades $42 | Hold → Buy | Upgrades | $42 | +16.99% | Feb 14, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $45 → $41 | Hold | Maintains | $45 → $41 | +14.21% | Jan 25, 2024 |
Financial Forecast
Revenue This Year
570.04M
from 495.12M
Increased by 15.13%
Revenue Next Year
606.12M
from 570.04M
Increased by 6.33%
EPS This Year
3.00
from 2.65
Increased by 13.19%
EPS Next Year
3.38
from 3.00
Increased by 12.62%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 590.9M | 646.2M |
| Avg | 570.0M | 606.1M |
| Low | 545.2M | 572.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 19.4% | 13.4% |
| Avg | 15.1% | 6.3% |
| Low | 10.1% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.32 | 3.57 |
| Avg | 3.00 | 3.38 |
| Low | 2.61 | 3.09 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 25.2% | 19.0% |
| Avg | 13.2% | 12.6% |
| Low | -1.6% | 2.9% |
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.