Blue Foundry Bancorp (BLFY) Stock Forecast, Price Target & Predictions
BLFY Stock Forecast
Blue Foundry Bancorp stock forecast is as follows: an average price target of $12.00 (represents a 9.99% upside from BLFY’s last price of $10.91) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
BLFY Price Target
The average price target for Blue Foundry Bancorp (BLFY) is $12.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $12.00 to $12.00. This represents a potential 9.99% upside from BLFY's last price of $10.91.
BLFY Analyst Ratings
According to 2 Wall Street analysts, Blue Foundry Bancorp's rating consensus is 'Hold'. The analyst rating breakdown for BLFY stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Blue Foundry Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Justin Crowley | Piper Sandler | $12.00 | $11.18 | 7.33% | 9.99% |
The latest Blue Foundry Bancorp stock forecast, released on Jul 29, 2024 by Justin Crowley from Piper Sandler, set a price target of $12.00, which represents a 7.33% increase from the stock price at the time of the forecast ($11.18), and a 9.99% increase from BLFY last price ($10.91).
Blue Foundry Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $12.00 | $12.00 |
| Last Closing Price | $10.91 | $10.91 | $10.91 |
| Upside/Downside | -100.00% | 9.99% | 9.99% |
In the current month, the average price target of Blue Foundry Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Blue Foundry Bancorp's last price of $10.91. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 25, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
Blue Foundry Bancorp's last stock rating was published by Piper Sandler on Jul 29, 2024. The company gave BLFY a "Neutral" rating, the same as its previous rate.
Blue Foundry Bancorp Financial Forecast
Blue Foundry Bancorp Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $20.91M | $10.24M | $11.29M | $12.43M | $13.37M | $14.61M | $12.87M |
| Avg Forecast | $12.75M | $12.17M | $11.44M | $10.62M | $10.28M | $10.20M | $9.44M | $9.17M | $9.55M | $10.78M | $11.68M | $12.72M | $14.25M | $14.12M | $46.32M |
| High Forecast | $13.13M | $12.54M | $11.79M | $10.94M | $10.59M | $10.50M | $9.72M | $9.44M | $9.84M | $10.80M | $12.03M | $13.11M | $14.68M | $14.55M | $55.58M |
| Low Forecast | $12.36M | $11.80M | $11.10M | $10.30M | $9.97M | $9.89M | $9.16M | $8.89M | $9.26M | $10.77M | $11.32M | $12.34M | $13.82M | $13.69M | $37.05M |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | 10 |
| Surprise % | - | - | - | - | - | - | - | - | 2.19% | 0.95% | 0.97% | 0.98% | 0.94% | 1.03% | 0.28% |
Blue Foundry Bancorp's average Quarter revenue forecast for Mar 24 based on 0 analysts is $9.17M, with a low forecast of $8.89M, and a high forecast of $9.44M. BLFY's average Quarter revenue forecast represents a -56.15% decrease compared to the company's last Quarter revenue of $20.91M (Dec 23).
Blue Foundry Bancorp EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-1.43M | $-1.82M | $5.68M | $5.37M | $4.61M | $2.89M |
| Avg Forecast | $-2.69M | $-2.57M | $-2.41M | $-2.24M | $-2.17M | $-2.15M | $-1.99M | $-1.93M | $-2.01M | $-2.27M | $-2.46M | $-2.68M | $-3.01M | $-2.98M | $10.40M |
| High Forecast | $-2.61M | $-2.49M | $-2.34M | $-2.17M | $-2.10M | $-2.09M | $-1.93M | $-1.88M | $-1.95M | $-2.27M | $-2.39M | $-2.60M | $-2.91M | $-2.89M | $12.48M |
| Low Forecast | $-2.77M | $-2.64M | $-2.49M | $-2.31M | $-2.23M | $-2.21M | $-2.05M | $-1.99M | $-2.07M | $-2.28M | $-2.54M | $-2.76M | $-3.10M | $-3.07M | $8.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.63% | 0.74% | -2.12% | -1.79% | -1.55% | 0.28% |
1 analysts predict BLFY's average Quarter EBITDA for Jun 23 to be $-2.46M, with a high of $-2.39M and a low of $-2.54M. This is -143.33% lower than Blue Foundry Bancorp's previous annual EBITDA (Mar 23) of $5.68M.
Blue Foundry Bancorp Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | 10 |
| Net Income | - | - | - | - | - | - | - | - | $-2.93M | $-1.43M | $-1.82M | $-546.00K | $562.00K | $1.24M | $553.00K |
| Avg Forecast | $-2.06M | $-2.50M | $-3.15M | $-4.02M | $-3.91M | $-3.80M | $-4.56M | $-4.67M | $-3.15M | $-2.66M | $-2.39M | $-1.30M | $108.67K | $108.67K | $1.99M |
| High Forecast | $-1.98M | $-2.40M | $-3.03M | $-3.86M | $-3.76M | $-3.65M | $-4.39M | $-4.49M | $-3.03M | $-2.60M | $-2.30M | $-1.25M | $112.93K | $112.93K | $2.39M |
| Low Forecast | $-2.15M | $-2.60M | $-3.28M | $-4.18M | $-4.07M | $-3.95M | $-4.74M | $-4.86M | $-3.28M | $-2.73M | $-2.48M | $-1.36M | $104.42K | $104.42K | $1.59M |
| Surprise % | - | - | - | - | - | - | - | - | 0.93% | 0.54% | 0.76% | 0.42% | 5.17% | 11.42% | 0.28% |
Blue Foundry Bancorp's average Quarter net income forecast for Mar 23 is $-1.30M, with a range of $-1.36M to $-1.25M. BLFY's average Quarter net income forecast represents a -332.05% decrease compared to the company's last Quarter net income of $562.00K (Dec 22).
Blue Foundry Bancorp SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | $6.99M | $7.37M | $9.63M | $7.79M | $9.21M | $9.13M |
| Avg Forecast | $8.57M | $8.18M | $7.69M | $7.14M | $6.91M | $6.85M | $6.35M | $6.16M | $6.42M | $7.24M | $7.85M | $8.55M | $9.58M | $9.49M | $32.89M |
| High Forecast | $8.83M | $8.43M | $7.92M | $7.35M | $7.12M | $7.06M | $6.54M | $6.35M | $6.61M | $7.26M | $8.09M | $8.81M | $9.87M | $9.78M | $39.46M |
| Low Forecast | $8.31M | $7.94M | $7.46M | $6.92M | $6.70M | $6.65M | $6.15M | $5.98M | $6.23M | $7.24M | $7.61M | $8.29M | $9.29M | $9.21M | $26.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | 0.94% | 1.13% | 0.81% | 0.97% | 0.28% |
Blue Foundry Bancorp's average Quarter SG&A projection for Dec 23 is $6.42M, based on 1 Wall Street analysts, with a range of $6.23M to $6.61M. The forecast indicates a -8.12% fall compared to BLFY last annual SG&A of $6.99M (Sep 23).
Blue Foundry Bancorp EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | 10 |
| EPS | - | - | - | - | - | - | - | - | $-0.13 | $-0.06 | $-0.08 | $-0.02 | $0.02 | $0.05 | $0.02 |
| Avg Forecast | $-0.10 | $-0.12 | $-0.14 | $-0.18 | $-0.18 | $-0.17 | $-0.21 | $-0.21 | $-0.14 | $-0.12 | $-0.11 | $-0.06 | $0.01 | $0.01 | $-0.01 |
| High Forecast | $-0.09 | $-0.11 | $-0.14 | $-0.18 | $-0.17 | $-0.17 | $-0.20 | $-0.21 | $-0.14 | $-0.12 | $-0.11 | $-0.06 | $0.01 | $0.01 | $-0.01 |
| Low Forecast | $-0.10 | $-0.12 | $-0.15 | $-0.19 | $-0.19 | $-0.18 | $-0.22 | $-0.22 | $-0.15 | $-0.13 | $-0.11 | $-0.06 | - | - | $-0.01 |
| Surprise % | - | - | - | - | - | - | - | - | 0.90% | 0.50% | 0.68% | 0.36% | 4.00% | 10.00% | -2.00% |
According to 1 Wall Street analysts, Blue Foundry Bancorp's projected average Quarter EPS for Mar 23 is $-0.06, with a low estimate of $-0.06 and a high estimate of $-0.06. This represents a -400.00% decrease compared to BLFY previous annual EPS of $0.02 (Dec 22).
Blue Foundry Bancorp Peer Comparison by Price Target
BLFY Forecast FAQ
Is Blue Foundry Bancorp a good buy?
No, according to 2 Wall Street analysts, Blue Foundry Bancorp (BLFY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of BLFY's total ratings.
What is BLFY's price target?
Blue Foundry Bancorp (BLFY) average price target is $12 with a range of $12 to $12, implying a 9.99% from its last price of $10.91. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Blue Foundry Bancorp stock go up soon?
According to Wall Street analysts' prediction for BLFY stock, the company can go up by 9.99% (from the last price of $10.91 to the average price target of $12), up by 9.99% based on the highest stock price target, and up by 9.99% based on the lowest stock price target.
Can Blue Foundry Bancorp stock reach $20?
BLFY's average twelve months analyst stock price target of $12 does not support the claim that Blue Foundry Bancorp can reach $20 in the near future.
What are Blue Foundry Bancorp's analysts' financial forecasts?
Blue Foundry Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $39.09M (high $40.26M, low $37.91M), average EBITDA is $-8.242M (high $-7.994M, low $-8.491M), average net income is $-16.953M (high $-16.29M, low $-17.617M), average SG&A $26.28M (high $27.07M, low $25.48M), and average EPS is $-0.78 (high $-0.749, low $-0.811). BLFY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $46.98M (high $48.39M, low $45.56M), average EBITDA is $-9.906M (high $-9.608M, low $-10.205M), average net income is $-11.737M (high $-11.277M, low $-12.196M), average SG&A $31.58M (high $32.53M, low $30.63M), and average EPS is $-0.54 (high $-0.519, low $-0.561).
Did the BLFY's actual financial results beat the analysts' financial forecasts?
Based on Blue Foundry Bancorp's last annual report (Dec 2023), the company's revenue was $80.91M, beating the average analysts forecast of $44.72M by 80.91%. Apple's EBITDA was $0, missing the average prediction of $-9.431M by -100.00%. The company's net income was $-7.397M, missing the average estimation of $-9.509M by -22.21%. Apple's SG&A was $0, missing the average forecast of $30.07M by -100.00%. Lastly, the company's EPS was $-0.31, missing the average prediction of $-0.437 by -29.14%. In terms of the last quarterly report (Dec 2023), Blue Foundry Bancorp's revenue was $20.91M, beating the average analysts' forecast of $9.55M by 118.91%. The company's EBITDA was $0, missing the average prediction of $-2.014M by -100.00%. Blue Foundry Bancorp's net income was $-2.931M, missing the average estimation of $-3.152M by -7.00%. The company's SG&A was $0, missing the average forecast of $6.42M by -100.00%. Lastly, the company's EPS was $-0.13, missing the average prediction of $-0.145 by -10.34%