1st Source Corporation (SRCE)
NASDAQ: SRCE · IEX Real-Time Price · USD
50.55
-0.23 (-0.44%)
Apr 24, 2024, 9:54 AM EDT - Market open

1st Source Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for 1st Source stock have an average target of 53, which predicts an increase of 4.86% from the current stock price of 50.55.

Analyst Consensus: Buy
Target Low Average Median High
Price $53 $53 $53 $53
Change +4.86% +4.86% +4.86% +4.86%
* Price targets were last updated on Jan 22, 2024.

Analyst Ratings

The average analyst rating for 1st Source 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 Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 00000
Buy 11111
Hold 12221
Sell 00000
Strong Sell 00000
Total 23332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$52$53
Hold Maintains $52$53 +4.86% Jan 22, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$49$53
Buy Maintains $49$53 +4.86% Jul 24, 2023
Piper Sandler
Piper Sandler
Buy
Maintains
$64$58
Buy Maintains $64$58 +14.75% Jan 24, 2023
DA Davidson
DA Davidson
Hold
Maintains
$53$51
Hold Maintains $53$51 +0.90% Jan 23, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
382.79M
from 363.40M
Increased by 5.33%
Revenue Next Year
390.02M
from 382.79M
Increased by 1.89%
EPS This Year
4.64
from 5.03
Decreased by -7.66%
EPS Next Year
4.59
from 4.64
Decreased by -1.24%
Year 2019202020212022202320242025
Revenue
309.16M293.71M341.03M341.49M363.40M382.79M390.02M
Revenue Growth
6.06%-5.00%16.11%0.13%6.42%5.33%1.89%
EPS
3.573.174.704.845.034.644.59
EPS Growth
12.97%-11.20%48.26%2.98%3.93%-7.66%-1.24%
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 398.0M 413.5M
Avg 382.8M 390.0M
Low 360.6M 364.0M

Revenue Growth

Revenue Growth 20242025
High
9.5%
8.0%
Avg
5.3%
1.9%
Low
-0.8%
-4.9%

EPS Forecast

EPS 20242025
High 5.11 5.09
Avg 4.64 4.59
Low 4.17 4.21

EPS Growth

EPS Growth 20242025
High
1.5%
9.5%
Avg
-7.7%
-1.2%
Low
-17.2%
-9.3%
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.