Blue Foundry Bancorp (BLFY) Stock Forecast, Price Target & Predictions

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BLFY Stock Forecast

Blue Foundry Bancorp stock forecast is as follows: an average price target of $12.00 (represents a 7.43% upside from BLFY’s last price of $11.17) 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 7.43% upside from BLFY's last price of $11.17.

BLFY Analyst Ratings

Hold

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%	7.43%

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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 7.43% increase from BLFY last price ($11.17).

Blue Foundry Bancorp Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$12.00
Last Closing Price	$11.17	$11.17	$11.17
Upside/Downside	-100.00%	-100.00%	7.43%

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 $11.17. This month's average price target is down NaN% 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

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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 26	Sep 26	Jun 26	Mar 26	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	$15.13M	$14.43M	$13.59M	$12.86M	$12.49M	$11.82M	$11.12M	$10.43M	$10.02M	$10.19M	$9.44M	$9.17M	$9.55M	$10.78M	$11.68M	$12.72M	$14.25M	$14.12M	$46.32M
High Forecast	$15.20M	$14.50M	$13.65M	$12.91M	$12.55M	$11.87M	$11.16M	$10.47M	$10.06M	$10.19M	$9.48M	$9.17M	$9.59M	$10.80M	$11.73M	$12.78M	$14.31M	$14.12M	$55.58M
Low Forecast	$15.07M	$14.37M	$13.53M	$12.80M	$12.44M	$11.77M	$11.07M	$10.38M	$9.98M	$10.19M	$9.40M	$9.17M	$9.51M	$10.77M	$11.62M	$12.67M	$14.19M	$14.12M	$37.05M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	8	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 1 analysts is $9.17M, with a low forecast of $9.17M, and a high forecast of $9.17M. 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 26	Sep 26	Jun 26	Mar 26	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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	8	10
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$-1.43M	$-1.82M	$5.68M	$5.37M	$4.61M	$2.89M
Avg Forecast	$-4.04M	$-3.85M	$-3.63M	$-3.43M	$-3.33M	$-3.15M	$-2.97M	$-2.78M	$-2.67M	$-2.72M	$-2.52M	$-2.45M	$-2.55M	$-2.87M	$-3.11M	$-3.39M	$-3.80M	$-2.98M	$10.40M
High Forecast	$-4.02M	$-3.83M	$-3.61M	$-3.42M	$-3.32M	$-3.14M	$-2.95M	$-2.77M	$-2.66M	$-2.72M	$-2.51M	$-2.45M	$-2.54M	$-2.87M	$-3.10M	$-3.38M	$-3.79M	$-2.98M	$12.48M
Low Forecast	$-4.05M	$-3.87M	$-3.64M	$-3.44M	$-3.35M	$-3.17M	$-2.98M	$-2.79M	$-2.69M	$-2.72M	$-2.53M	$-2.45M	$-2.56M	$-2.88M	$-3.13M	$-3.41M	$-3.82M	$-2.98M	$8.32M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50%	0.59%	-1.67%	-1.41%	-1.55%	0.28%

1 analysts predict BLFY's average Quarter EBITDA for Jun 23 to be $-3.11M, with a high of $-3.10M and a low of $-3.13M. This is -154.82% lower than Blue Foundry Bancorp's previous annual EBITDA (Mar 23) of $5.68M.

Blue Foundry Bancorp Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	8	10
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-2.93M	$-1.43M	$-1.82M	$-546.00K	$562.00K	$1.24M	$553.00K
Avg Forecast	$318.95K	$-425.27K	$-1.28M	$-2.02M	$-2.13M	$-2.66M	$-3.08M	$-3.83M	$-3.72M	$-3.72M	$-4.47M	$-4.57M	$-3.08M	$-2.56M	$-2.34M	$-1.28M	$106.32K	$108.67K	$1.99M
High Forecast	$320.76K	$-422.86K	$-1.27M	$-2.01M	$-2.11M	$-2.64M	$-3.07M	$-3.81M	$-3.70M	$-3.70M	$-4.44M	$-4.55M	$-3.07M	$-2.46M	$-2.33M	$-1.27M	$106.92K	$108.67K	$2.39M
Low Forecast	$317.14K	$-427.68K	$-1.28M	$-2.03M	$-2.14M	$-2.67M	$-3.10M	$-3.85M	$-3.74M	$-3.74M	$-4.49M	$-4.60M	$-3.10M	$-2.67M	$-2.35M	$-1.28M	$105.72K	$108.67K	$1.59M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.95%	0.56%	0.78%	0.43%	5.29%	11.42%	0.28%

Blue Foundry Bancorp's average Quarter net income forecast for Mar 23 is $-1.28M, with a range of $-1.28M to $-1.27M. BLFY's average Quarter net income forecast represents a -327.01% decrease compared to the company's last Quarter net income of $562.00K (Dec 22).

Blue Foundry Bancorp SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	8	10
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.99M	$7.37M	$9.63M	$7.79M	$9.21M	$9.13M
Avg Forecast	$11.11M	$10.60M	$9.98M	$9.44M	$9.17M	$8.68M	$8.16M	$7.66M	$7.36M	$7.49M	$6.93M	$6.73M	$7.01M	$7.91M	$8.57M	$9.34M	$10.47M	$9.49M	$32.89M
High Forecast	$11.16M	$10.65M	$10.03M	$9.48M	$9.21M	$8.72M	$8.20M	$7.69M	$7.39M	$7.49M	$6.96M	$6.73M	$7.05M	$7.93M	$8.61M	$9.38M	$10.51M	$9.49M	$39.46M
Low Forecast	$11.07M	$10.56M	$9.94M	$9.40M	$9.13M	$8.65M	$8.13M	$7.63M	$7.33M	$7.48M	$6.90M	$6.73M	$6.98M	$7.91M	$8.54M	$9.30M	$10.42M	$9.49M	$26.31M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.88%	0.86%	1.03%	0.74%	0.97%	0.28%

Blue Foundry Bancorp's average Quarter SG&A projection for Dec 23 is $7.01M, based on 1 Wall Street analysts, with a range of $6.98M to $7.05M. The forecast indicates a 0.38% rise compared to BLFY last annual SG&A of $6.99M (Sep 23).

Blue Foundry Bancorp EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	8	10
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.13	$-0.06	$-0.08	$-0.02	$0.02	$0.05	$0.02
Avg Forecast	$0.01	$-0.02	$-0.06	$-0.10	$-0.10	$-0.13	$-0.14	$-0.18	$-0.17	$-0.17	$-0.21	$-0.21	$-0.14	$-0.12	$-0.11	$-0.06	$0.01	$0.01	$-0.01
High Forecast	$0.02	$-0.02	$-0.06	$-0.09	$-0.10	$-0.12	$-0.14	$-0.18	$-0.17	$-0.17	$-0.21	$-0.21	$-0.14	$-0.12	$-0.11	$-0.06	$0.01	$0.01	$-0.01
Low Forecast	$0.01	$-0.02	$-0.06	$-0.10	$-0.10	$-0.13	$-0.15	$-0.18	$-0.18	$-0.18	$-0.21	$-0.22	$-0.15	$-0.13	$-0.11	$-0.06	-	$0.01	$-0.01
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.90%	0.51%	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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
BLFY	Blue Foundry Bancorp	$11.17	$12.00	7.43%	Hold
FFNW	First Financial Northwest	$22.12	$23.50	6.24%	Hold
CIVB	Civista Bancshares	$22.73	$24.00	5.59%	Buy
FNWB	First Northwest Bancorp	$10.60	$11.00	3.77%	Hold

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 7.43% from its last price of $11.17. 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 7.43% (from the last price of $11.17 to the average price target of $12), up by 7.43% based on the highest stock price target, and up by 7.43% 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 2025) are as follows: average revenue is $45.86M (high $46.06M, low $45.66M), average EBITDA is $-12.234M (high $-12.181M, low $-12.288M), average net income is $-11.695M (high $-11.629M, low $-11.761M), average SG&A $33.68M (high $33.83M, low $33.53M), and average EPS is $-0.55 (high $-0.547, low $-0.553). BLFY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $56.01M (high $56.26M, low $55.77M), average EBITDA is $-14.944M (high $-14.879M, low $-15.009M), average net income is $-3.402M (high $-3.379M, low $-3.425M), average SG&A $41.14M (high $41.32M, low $40.96M), and average EPS is $-0.16 (high $-0.159, low $-0.161).

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 $-11.932M by -100.00%. The company's net income was $-7.397M, missing the average estimation of $-9.261M by -20.13%. Apple's SG&A was $0, missing the average forecast of $32.85M by -100.00%. Lastly, the company's EPS was $-0.31, missing the average prediction of $-0.436 by -28.83%. 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 $-2.548M by -100.00%. Blue Foundry Bancorp's net income was $-2.931M, missing the average estimation of $-3.083M by -4.94%. The company's SG&A was $0, missing the average forecast of $7.01M by -100.00%. Lastly, the company's EPS was $-0.13, missing the average prediction of $-0.145 by -10.34%