South Plains Financial, Inc. (SPFI)

South Plains Financial Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for SPFI stock have an average target of 33.5, with a low estimate of 31 and a high estimate of 36. The average target predicts an increase of 3.05% from the current stock price of 32.51.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$31	$33.5	$36	$36
Change	-4.64%	+3.05%	+10.74%	+10.74%

* Price targets were last updated on Jul 23, 2024.

Analyst Ratings

The average analyst rating for SPFI 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	4	4	3	3	3	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	3	3	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Scouten Piper Sandler	Piper Sandler	Buy Maintains $32 → $36	Buy	Maintains	$32 → $36	+10.74%	Jul 23, 2024
Michael Rose Raymond James	Raymond James	Buy Maintains $28 → $31	Buy	Maintains	$28 → $31	-4.64%	Jan 29, 2024
Brady Gailey Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $28 → $29	Buy	Maintains	$28 → $29	-10.80%	Jul 26, 2023
Michael Rose Raymond James	Raymond James	Buy Maintains $25 → $28	Buy	Maintains	$25 → $28	-13.87%	Jul 26, 2023
Brett Rabatin Hovde Group	Hovde Group	Buy Initiates $28	Buy	Initiates	$28	-13.87%	Jul 14, 2023

More Analyst Ratings

Financial Forecast

• Revenue This Year:
  198.29M

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	198.29M	207.47M
Revenue Growth	12.48%	25.19%	11.51%	-1.77%	-2.89%	-	4.63%
EPS	1.71	2.47	3.17	3.23	3.62	2.63	2.72
EPS Growth	-13.64%	44.44%	28.34%	1.89%	12.07%	-27.23%	3.19%
Forward PE	-	-	-	-	-	12.34	11.96
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2024	2025
High	205.6M	221.7M
Avg	198.3M	207.5M
Low	189.1M	196.4M

Revenue Growth

Revenue Growth	2024	2025
High	-	11.8%
Avg	-	4.6%
Low	-	-1.0%

EPS Forecast

EPS	2024	2025
High	2.79	2.94
Avg	2.63	2.72
Low	2.43	2.51

EPS Growth

EPS Growth	2024	2025
High	-22.8%	11.6%
Avg	-27.2%	3.2%
Low	-32.9%	-4.8%

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.