Synovus Financial Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Synovus Financial stock have an average target of 56.74, with a low estimate of 42 and a high estimate of 76. The average target predicts an increase of 12.69% from the current stock price of 50.35.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$42	$56.74	$57	$76
Change	-16.58%	+12.69%	+13.21%	+50.94%

Analyst Ratings

The average analyst rating for SNV stock from 19 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	6	6	6	7	7	8
Buy	6	6	7	5	5	5
Hold	6	6	5	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	18	18	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Holowko UBS	UBS	Strong Buy Initiates $76	Strong Buy	Initiates	$76	+50.94%	Dec 17, 2024
Jon Arfstrom RBC Capital	RBC Capital	Buy Reiterates $64	Buy	Reiterates	$64	+27.11%	Dec 12, 2024
Brad Milsaps Piper Sandler	Piper Sandler	Buy Maintains $56 → $64	Buy	Maintains	$56 → $64	+27.11%	Dec 11, 2024
Bernard von-Gizycki Deutsche Bank	Deutsche Bank	Strong Buy Initiates $64	Strong Buy	Initiates	$64	+27.11%	Dec 9, 2024
Timur Braziler Wells Fargo	Wells Fargo	Hold Maintains $51 → $55	Hold	Maintains	$51 → $55	+9.24%	Dec 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.10B

Revenue Next Year

2.34B

from 2.10B

11.27%

from 2.10B

EPS This Year

4.41

from 3.46

27.55%

from 3.46

EPS Next Year

4.66

from 4.41

5.61%

from 4.41

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	-	-	-	-	-	2.10B	2.34B	2.48B
Revenue Growth	35.38%	-10.72%	25.54%	1.55%	-4.12%	-	11.27%	5.94%
EPS	3.47	2.30	4.90	4.95	3.46	4.41	4.66	5.30
EPS Growth	-	-33.72%	113.04%	1.02%	-30.10%	27.55%	5.61%	13.75%
Forward PE	-	-	-	-	-	11.41	10.80	9.50
No. Analysts	-	-	-	-	-	17	17	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	-	17.3%	13.7%
Avg	-	11.3%	5.9%
Low	-	6.2%	0.5%

EPS Forecast

EPS	2024	2025	2026
High	4.67	5.31	5.85
Avg	4.41	4.66	5.30
Low	4.15	4.17	4.93

EPS Growth

EPS Growth	2024	2025	2026
High	35.0%	20.4%	25.5%
Avg	27.6%	5.6%	13.7%
Low	19.8%	-5.6%	5.7%

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.