Valley National Bancorp (VLY)
NASDAQ: VLY · Real-Time Price · USD
10.56
+0.31 (3.02%)
Nov 22, 2024, 4:00 PM EST - Market closed
Valley National Bancorp Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for VLY stock have an average target of 9.50, with a low estimate of 8.00 and a high estimate of 11. The average target predicts a decrease of -10.04% from the current stock price of 10.56.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for VLY stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 3 | 3 | 2 | 2 | 3 |
| Hold | 5 | 6 | 7 | 7 | 8 | 7 |
| Sell | 2 | 2 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 11 | 11 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Upgrades $11 → $11 | Hold → Buy | Upgrades | $11 → $11 | +4.17% | Nov 11, 2024 |
| Barclays | Barclays | Sell → Hold Upgrades $9 → $10 | Sell → Hold | Upgrades | $9 → $10 | -5.30% | Oct 31, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +4.17% | Oct 25, 2024 |
| Barclays | Barclays | Sell Maintains $8 → $9 | Sell | Maintains | $8 → $9 | -14.77% | Oct 25, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $9 → $10 | Hold | Maintains | $9 → $10 | -5.30% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
1.86B
Revenue Next Year
1.99B
from 1.86B
Increased by 6.66%
EPS This Year
0.66
from 0.95
Decreased by -30.47%
EPS Next Year
0.96
from 0.66
Increased by 45.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.1B | 2.3B |
| Avg | 1.9B | 2.0B | 2.2B |
| Low | 1.8B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 13.2% | 17.0% |
| Avg | - | 6.7% | 8.6% |
| Low | - | 1.0% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.71 | 1.08 | 1.40 |
| Avg | 0.66 | 0.96 | 1.17 |
| Low | 0.61 | 0.88 | 0.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -24.8% | 63.7% | 45.0% |
| Avg | -30.5% | 45.8% | 21.5% |
| Low | -36.0% | 33.5% | 2.8% |
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.