Unity Bancorp, Inc. (UNTY)
NASDAQ: UNTY · Real-Time Price · USD
43.92
+1.03 (2.40%)
Dec 20, 2024, 4:00 PM EST - Market closed

Unity Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Unity Bancorp stock have an average target of 47.5, with a low estimate of 44 and a high estimate of 51. The average target predicts an increase of 8.15% from the current stock price of 43.92.

Analyst Consensus: Buy
Target Low Average Median High
Price $44 $47.5 $51 $51
Change +0.18% +8.15% +16.12% +16.12%

Analyst Ratings

The average analyst rating for Unity Bancorp 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000000
Buy 111222
Hold 000000
Sell 000000
Strong Sell 000000
Total 111222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$43$51
Buy Maintains $43$51 +16.12% Dec 4, 2024
Piper Sandler
Piper Sandler
Buy
Reiterates
$40$44
Buy Reiterates $40$44 +0.18% Oct 14, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Reiterates
$35$39
Buy Reiterates $35$39 -11.20% Jul 15, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$34$32
Buy Maintains $34$32 -28.28% Apr 6, 2023
Janney Montgomery Scott
Janney Montgomery Scott
Strong Buy
Initiates
$32
Strong Buy Initiates $32 -27.14% Dec 15, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
108.49M
Revenue Next Year
121.36M
from 108.49M
Increased by 11.86%
EPS This Year
4.05
from 3.84
Increased by 5.43%
EPS Next Year
4.65
from 4.05
Increased by 14.92%
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
-----108.49M121.36M134.19M
Revenue Growth
7.60%8.23%26.33%5.59%6.49%-11.86%10.57%
EPS
2.142.193.433.593.844.054.655.33
EPS Growth
6.47%2.34%56.62%4.66%6.96%5.43%14.92%14.62%
Forward PE
-----10.859.448.24
No. Analysts -----555
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 111.7M 126.4M 140.4M
Avg 108.5M 121.4M 134.2M
Low 104.2M 115.3M 126.8M

Revenue Growth

Revenue Growth 202420252026
High -
16.5%
15.7%
Avg -
11.9%
10.6%
Low -
6.2%
4.5%

EPS Forecast

EPS 202420252026
High 4.19 4.95 5.82
Avg 4.05 4.65 5.33
Low 3.85 4.26 4.61

EPS Growth

EPS Growth 202420252026
High
9.1%
22.2%
25.1%
Avg
5.4%
14.9%
14.6%
Low
0.2%
5.3%
-1.0%
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.