Unity Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Unity Bancorp stock have an average target of 54.5, with a low estimate of 54 and a high estimate of 55. The average target predicts an increase of 31.64% from the current stock price of 41.40.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$54	$54.5	$55	$55
Change	+30.43%	+31.64%	+32.85%	+32.85%

* Price targets were last updated on Jan 16, 2025.

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Reiterates $51 → $55	Buy	Reiterates	$51 → $55	+32.85%	Jan 16, 2025
Justin Crowley Piper Sandler	Piper Sandler	Buy Reiterates $53 → $54	Buy	Reiterates	$53 → $54	+30.43%	Jan 16, 2025
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $43 → $51	Buy	Maintains	$43 → $51	+23.19%	Dec 4, 2024
Justin Crowley Piper Sandler	Piper Sandler	Buy Reiterates $40 → $44	Buy	Reiterates	$40 → $44	+6.28%	Oct 14, 2024
Christopher O'Connell Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Reiterates $35 → $39	Buy	Reiterates	$35 → $39	-5.80%	Jul 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

122.87M

from 103.13M

19.14%

from 103.13M

Revenue Next Year

134.74M

from 122.87M

9.66%

from 122.87M

EPS This Year

4.91

from 4.06

20.94%

from 4.06

EPS Next Year

5.57

from 4.91

13.39%

from 4.91

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	70.38M	88.91M	93.88M	99.97M	103.13M	122.87M	134.74M
Revenue Growth	8.23%	26.33%	5.59%	6.49%	3.16%	19.14%	9.66%
EPS	2.19	3.43	3.59	3.84	4.06	4.91	5.57
EPS Growth	2.34%	56.62%	4.67%	6.96%	5.73%	20.94%	13.39%
Forward PE	-	-	-	-	-	8.43	7.44
No. Analysts	-	-	-	-	-	5	5

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

Revenue Forecast

Revenue	2025	2026
High	126.6M	139.8M
Avg	122.9M	134.7M
Low	117.9M	128.4M

Revenue Growth

Revenue Growth	2025	2026
High	22.8%	13.8%
Avg	19.1%	9.7%
Low	14.3%	4.5%

EPS Forecast

EPS	2025	2026
High	5.09	5.88
Avg	4.91	5.57
Low	4.70	5.17

EPS Growth

EPS Growth	2025	2026
High	25.4%	19.7%
Avg	20.9%	13.4%
Low	15.7%	5.4%

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.