Coastal Financial Corporation (CCB)
NASDAQ: CCB · IEX Real-Time Price · USD
44.34
+0.68 (1.56%)
May 31, 2024, 4:00 PM EDT - Market closed
Coastal Financial Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Coastal Financial stock has a target of 53, which predicts an increase of 19.53% from the current stock price of 44.34.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 31, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for CCB is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $57 → $53 | Strong Buy | Maintains | $57 → $53 | +19.53% | Oct 31, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $51 → $53 | Buy | Maintains | $51 → $53 | +19.53% | May 2, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $70 → $66 | Buy | Maintains | $70 → $66 | +48.85% | Apr 6, 2023 |
| Raymond James | Raymond James | Strong Buy Initiates $69 | Strong Buy | Initiates | $69 | +55.62% | Jan 13, 2022 |
| Stephens & Co. | Stephens & Co. | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 8, 2021 |
Financial Forecast
Revenue This Year
694.49M
from 261.91M
Increased by 165.16%
Revenue Next Year
845.54M
from 694.49M
Increased by 21.75%
EPS This Year
3.49
from 3.27
Increased by 6.79%
EPS Next Year
5.80
from 3.49
Increased by 66.23%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 789.7M | 909.1M |
| Avg | 694.5M | 845.5M |
| Low | 598.7M | 806.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 201.5% | 30.9% |
| Avg | 165.2% | 21.7% |
| Low | 128.6% | 16.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.87 | 6.67 |
| Avg | 3.49 | 5.80 |
| Low | 3.16 | 5.39 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 18.5% | 90.9% |
| Avg | 6.8% | 66.2% |
| Low | -3.5% | 54.3% |
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.