Synovus Financial Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Synovus Financial stock have an average target of 52, with a low estimate of 41 and a high estimate of 64. The average target predicts a decrease of -5.51% from the current stock price of 55.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$41	$52	$53	$64
Change	-25.50%	-5.51%	-3.69%	+16.30%

Analyst Ratings

The average analyst rating for SNV stock from 18 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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	6	6	6	6	7	7
Buy	6	6	6	7	5	5
Hold	6	6	6	5	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	18	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jared Shaw Barclays	Barclays	Buy Maintains $56 → $64	Buy	Maintains	$56 → $64	+16.30%	Nov 8, 2024
John Pancari Evercore ISI Group	Evercore ISI Group	Hold Maintains $48 → $54	Hold	Maintains	$48 → $54	-1.87%	Oct 30, 2024
Manan Gosalia Morgan Stanley	Morgan Stanley	Hold Maintains $51 → $55	Hold	Maintains	$51 → $55	-0.05%	Oct 21, 2024
Brandon King Truist Securities	Truist Securities	Strong Buy Maintains $52 → $57	Strong Buy	Maintains	$52 → $57	+3.58%	Oct 21, 2024
Ebrahim Poonawala B of A Securities	B of A Securities	Strong Buy Maintains $48 → $57	Strong Buy	Maintains	$48 → $57	+3.58%	Oct 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.09B

Revenue Next Year

2.34B

from 2.09B

11.71%

from 2.09B

EPS This Year

4.40

from 3.46

27.31%

from 3.46

EPS Next Year

4.64

from 4.40

5.26%

from 4.40

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	-	-	-	-	-	2.09B	2.34B	2.48B
Revenue Growth	35.38%	-10.72%	25.54%	1.55%	-4.12%	-	11.71%	6.08%
EPS	3.47	2.30	4.90	4.95	3.46	4.40	4.64	5.31
EPS Growth	-	-33.72%	113.04%	1.02%	-30.10%	27.31%	5.26%	14.45%
Forward PE	-	-	-	-	-	12.49	11.87	10.37
No. Analysts	-	-	-	-	-	18	18	15

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

Revenue Forecast

Revenue	2024	2025	2026
High	2.4B	2.5B	2.7B
Avg	2.1B	2.3B	2.5B
Low	1.9B	2.2B	2.4B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	17.6%	13.8%
Avg	-	11.7%	6.1%
Low	-	6.7%	0.6%

EPS Forecast

EPS	2024	2025	2026
High	4.67	5.24	5.99
Avg	4.40	4.64	5.31
Low	4.15	4.14	4.93

EPS Growth

EPS Growth	2024	2025	2026
High	35.0%	19.0%	29.1%
Avg	27.3%	5.3%	14.4%
Low	19.8%	-6.1%	6.3%

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.