First Busey (BUSE) Stock Forecast, Price Target & Predictions
BUSE Stock Forecast
First Busey stock forecast is as follows: an average price target of $28.33 (represents a 18.59% upside from BUSE’s last price of $23.89) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
BUSE Price Target
The average price target for First Busey (BUSE) is $28.33 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $32.00 to $26.00. This represents a potential 18.59% upside from BUSE's last price of $23.89.
BUSE Analyst Ratings
According to 3 Wall Street analysts, First Busey's rating consensus is 'Buy'. The analyst rating breakdown for BUSE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
First Busey Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | David Konrad | D.A. Davidson | $26.00 | $24.58 | 5.78% | 8.83% |
| Oct 14, 2024 | Terry McEvoy | Stephens | $27.00 | $24.89 | 8.50% | 13.02% |
| Aug 28, 2024 | Andrew Liesch | Piper Sandler | $32.00 | $26.98 | 18.58% | 33.95% |
| Aug 28, 2024 | Jeff Rulis | D.A. Davidson | $29.00 | $26.64 | 8.86% | 21.39% |
| Apr 25, 2024 | David Konrad | D.A. Davidson | $24.00 | $23.00 | 4.35% | 0.46% |
| Aug 01, 2022 | Raymond James | $28.00 | $24.65 | 13.59% | 17.20% | |
| May 02, 2022 | Raymond James | $27.00 | $22.47 | 20.16% | 13.02% |
The latest First Busey stock forecast, released on Oct 24, 2024 by David Konrad from D.A. Davidson, set a price target of $26.00, which represents a 5.78% increase from the stock price at the time of the forecast ($24.58), and a 8.83% increase from BUSE last price ($23.89).
First Busey Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $27.60 |
| Last Closing Price | $23.89 | $23.89 | $23.89 |
| Upside/Downside | -100.00% | -100.00% | 15.53% |
In the current month, the average price target of First Busey stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Busey's last price of $23.89. 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 |
|---|---|---|---|---|
| Oct 14, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Oct 14, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Oct 14, 2024 | Stephens | Neutral | Equal-Weight | Downgrade |
| Aug 29, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Aug 29, 2024 | Stephens | Neutral | Neutral | Hold |
| Aug 28, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Nov 28, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 01, 2022 | Raymond James | Outperform | Outperform | Hold |
| May 02, 2022 | Raymond James | Outperform | Outperform | Hold |
First Busey's last stock rating was published by Stephens on Oct 14, 2024. The company gave BUSE a "Equal-Weight" rating, the same as its previous rate.
First Busey Financial Forecast
First Busey 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $128.70M | $108.80M | $106.68M | $117.70M | $120.23M | $117.24M | $106.95M | $105.83M | $105.60M | $104.01M | $97.55M | $96.34M | $103.44M | $102.04M | $98.78M | $96.95M | $103.57M | $104.41M |
| Avg Forecast | $212.49M | $210.76M | $207.36M | $204.28M | $203.69M | $200.84M | $195.63M | $117.54M | $116.38M | $119.02M | $116.39M | $109.09M | $107.87M | $108.04M | $113.40M | $120.17M | $122.96M | $115.63M | $108.63M | $104.06M | $105.12M | $103.81M | $99.74M | $97.91M | $100.03M | $97.87M | $98.04M | $99.63M | $102.97M | $102.86M |
| High Forecast | $213.86M | $212.13M | $208.70M | $205.60M | $205.00M | $202.14M | $196.90M | $117.59M | $116.83M | $119.08M | $117.14M | $109.09M | $107.93M | $109.82M | $114.13M | $120.95M | $124.02M | $115.63M | $108.63M | $104.06M | $105.12M | $103.81M | $99.74M | $97.91M | $100.03M | $97.87M | $98.04M | $99.63M | $102.97M | $102.86M |
| Low Forecast | $210.80M | $209.09M | $205.71M | $202.66M | $202.07M | $199.24M | $194.08M | $117.50M | $115.92M | $118.96M | $115.46M | $109.09M | $107.80M | $107.01M | $112.49M | $119.21M | $121.66M | $115.63M | $108.63M | $104.06M | $105.12M | $103.81M | $99.74M | $97.91M | $100.03M | $97.87M | $98.04M | $99.63M | $102.97M | $102.86M |
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 1.01% | 0.94% | 0.98% | 0.98% | 1.01% | 0.98% | 1.02% | 1.00% | 1.00% | 0.98% | 0.98% | 1.03% | 1.04% | 1.01% | 0.97% | 1.01% | 1.02% |
First Busey's average Quarter revenue forecast for Mar 24 based on 1 analysts is $109.09M, with a low forecast of $109.09M, and a high forecast of $109.09M. BUSE's average Quarter revenue forecast represents a -15.24% decrease compared to the company's last Quarter revenue of $128.70M (Dec 23).
First Busey 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $113.70M | $40.05M | $105.72M | $71.60M | $66.45M | $59.57M | $49.42M | $48.49M | $52.62M | $46.91M | $50.67M | $62.90M | $51.65M | $56.69M | $50.26M | $41.22M | $59.09M | $57.32M |
| Avg Forecast | $-10.56M | $-10.48M | $-10.31M | $-10.16M | $-10.13M | $-9.98M | $-9.73M | $-5.84M | $-5.79M | $-5.92M | $-5.79M | $59.80M | $-5.36M | $-5.37M | $-5.64M | $54.36M | $59.99M | $37.13M | $34.88M | $49.42M | $33.76M | $33.34M | $32.03M | $42.34M | $32.12M | $31.43M | $31.48M | $51.24M | $33.07M | $33.03M |
| High Forecast | $-10.48M | $-10.39M | $-10.23M | $-10.08M | $-10.05M | $-9.91M | $-9.65M | $-5.84M | $-5.76M | $-5.91M | $-5.74M | $71.76M | $-5.36M | $-5.32M | $-5.59M | $65.23M | $71.99M | $37.13M | $34.88M | $59.30M | $33.76M | $33.34M | $32.03M | $50.80M | $32.12M | $31.43M | $31.48M | $61.49M | $33.07M | $33.03M |
| Low Forecast | $-10.63M | $-10.55M | $-10.38M | $-10.22M | $-10.19M | $-10.05M | $-9.79M | $-5.85M | $-5.81M | $-5.92M | $-5.82M | $47.84M | $-5.37M | $-5.46M | $-5.67M | $43.49M | $47.99M | $37.13M | $34.88M | $39.54M | $33.76M | $33.34M | $32.03M | $33.87M | $32.12M | $31.43M | $31.48M | $41.00M | $33.07M | $33.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -21.20% | -7.46% | -18.75% | 1.32% | 1.11% | 1.60% | 1.42% | 0.98% | 1.56% | 1.41% | 1.58% | 1.49% | 1.61% | 1.80% | 1.60% | 0.80% | 1.79% | 1.74% |
1 analysts predict BUSE's average Quarter EBITDA for Mar 24 to be $59.80M, with a high of $71.76M and a low of $47.84M. This is -47.41% lower than First Busey's previous annual EBITDA (Dec 23) of $113.70M.
First Busey 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $25.75M | $30.67M | $29.36M | $36.79M | $34.39M | $35.66M | $29.82M | $28.44M | $29.93M | $25.94M | $29.77M | $37.82M | $28.34M | $30.83M | $25.81M | $15.36M | $28.57M | $24.83M |
| Avg Forecast | $43.33M | $42.77M | $41.93M | $40.25M | $40.03M | $38.77M | $30.91M | $29.04M | $29.65M | $31.19M | $28.20M | $35.07M | $28.68M | $29.64M | $32.15M | $31.88M | $34.12M | $36.93M | $32.81M | $28.99M | $31.24M | $28.84M | $28.73M | $25.45M | $31.16M | $23.55M | $14.96M | $19.10M | $30.66M | $29.51M |
| High Forecast | $43.69M | $43.13M | $42.29M | $40.59M | $40.36M | $39.09M | $31.17M | $29.29M | $29.90M | $31.20M | $28.20M | $42.09M | $29.85M | $30.22M | $32.42M | $38.26M | $40.94M | $36.93M | $32.81M | $34.78M | $31.24M | $28.84M | $28.73M | $30.54M | $31.16M | $23.55M | $14.96M | $22.92M | $30.66M | $29.51M |
| Low Forecast | $42.88M | $42.33M | $41.50M | $39.84M | $39.61M | $38.37M | $30.59M | $28.45M | $29.08M | $31.18M | $28.19M | $28.06M | $25.17M | $28.48M | $31.82M | $25.51M | $27.29M | $36.93M | $32.81M | $23.19M | $31.24M | $28.84M | $28.73M | $20.36M | $31.16M | $23.55M | $14.96M | $15.28M | $30.66M | $29.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.03% | 0.91% | 1.15% | 1.01% | 0.97% | 0.91% | 0.98% | 0.96% | 0.90% | 1.04% | 1.49% | 0.91% | 1.31% | 1.73% | 0.80% | 0.93% | 0.84% |
First Busey's average Quarter net income forecast for Mar 24 is $35.07M, with a range of $28.06M to $42.09M. BUSE's average Quarter net income forecast represents a 36.21% increase compared to the company's last Quarter net income of $25.75M (Dec 23).
First Busey 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $2.57M | $41.15M | $41.37M | $40.33M | $47.64M | $45.21M | $43.48M | $44.33M | $43.07M | $49.73M | $39.71M | $34.66M | $35.37M | $36.78M | $32.61M | $38.40M | $41.58M | $43.78M |
| Avg Forecast | $207.56M | $205.88M | $202.55M | $199.55M | $198.97M | $196.18M | $191.10M | $114.82M | $113.68M | $116.26M | $113.69M | $54.67M | $105.37M | $105.53M | $110.77M | $49.70M | $49.10M | $39.64M | $37.24M | $45.18M | $36.04M | $35.59M | $34.20M | $23.33M | $34.30M | $33.55M | $33.61M | $47.74M | $35.31M | $35.27M |
| High Forecast | $208.90M | $207.21M | $203.86M | $200.84M | $200.25M | $197.45M | $192.34M | $114.86M | $114.13M | $116.32M | $114.42M | $65.61M | $105.43M | $107.27M | $111.48M | $59.64M | $58.92M | $39.64M | $37.24M | $54.22M | $36.04M | $35.59M | $34.20M | $28.00M | $34.30M | $33.55M | $33.61M | $57.29M | $35.31M | $35.27M |
| Low Forecast | $205.91M | $204.24M | $200.94M | $197.96M | $197.38M | $194.62M | $189.58M | $114.78M | $113.23M | $116.20M | $112.79M | $43.74M | $105.30M | $104.53M | $109.89M | $39.76M | $39.28M | $39.64M | $37.24M | $36.15M | $36.04M | $35.59M | $34.20M | $18.67M | $34.30M | $33.55M | $33.61M | $38.19M | $35.31M | $35.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.02% | 0.39% | 0.37% | 0.81% | 0.97% | 1.14% | 1.17% | 0.98% | 1.20% | 1.40% | 1.16% | 1.49% | 1.03% | 1.10% | 0.97% | 0.80% | 1.18% | 1.24% |
First Busey's average Quarter SG&A projection for Mar 24 is $54.67M, based on 1 Wall Street analysts, with a range of $43.74M to $65.61M. The forecast indicates a 2024.06% rise compared to BUSE last annual SG&A of $2.57M (Dec 23).
First Busey 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.46 | $0.55 | $0.53 | $0.66 | $0.62 | $0.64 | $0.54 | $0.51 | $0.54 | $0.46 | $0.54 | $0.69 | $0.52 | $0.56 | $0.47 | $0.28 | $0.52 | $0.45 |
| Avg Forecast | $0.75 | $0.74 | $0.72 | $0.69 | $0.69 | $0.67 | $0.53 | $0.50 | $0.51 | $0.54 | $0.49 | $0.49 | $0.49 | $0.51 | $0.56 | $0.64 | $0.72 | $0.64 | $0.57 | $0.52 | $0.54 | $0.50 | $0.50 | $0.52 | $0.54 | $0.41 | $0.26 | $0.37 | $0.53 | $0.51 |
| High Forecast | $0.75 | $0.74 | $0.73 | $0.70 | $0.70 | $0.67 | $0.54 | $0.51 | $0.52 | $0.54 | $0.49 | $0.49 | $0.52 | $0.52 | $0.56 | $0.65 | $0.73 | $0.64 | $0.57 | $0.52 | $0.54 | $0.50 | $0.50 | $0.52 | $0.54 | $0.41 | $0.26 | $0.37 | $0.53 | $0.51 |
| Low Forecast | $0.74 | $0.73 | $0.72 | $0.69 | $0.68 | $0.66 | $0.53 | $0.49 | $0.50 | $0.54 | $0.49 | $0.49 | $0.43 | $0.49 | $0.55 | $0.63 | $0.72 | $0.64 | $0.57 | $0.52 | $0.54 | $0.50 | $0.50 | $0.52 | $0.54 | $0.41 | $0.26 | $0.37 | $0.53 | $0.51 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.07% | 0.95% | 1.03% | 0.86% | 1.00% | 0.95% | 0.98% | 1.00% | 0.92% | 1.09% | 1.32% | 0.97% | 1.38% | 1.82% | 0.76% | 0.98% | 0.88% |
According to 1 Wall Street analysts, First Busey's projected average Quarter EPS for Mar 24 is $0.49, with a low estimate of $0.49 and a high estimate of $0.49. This represents a 5.80% increase compared to BUSE previous annual EPS of $0.46 (Dec 23).
First Busey Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BUSE | First Busey | $23.89 | $28.33 | 18.59% | Buy |
| HTBI | HomeTrust Bancshares | $37.68 | $42.00 | 11.46% | Buy |
| COFS | ChoiceOne Financial Services | $33.70 | $37.00 | 9.79% | |
| FFNW | First Financial Northwest | $21.61 | $23.50 | 8.75% | Hold |
| GSBC | Great Southern Bancorp | $59.99 | $62.00 | 3.35% | Hold |
| FNWB | First Northwest Bancorp | $10.67 | $11.00 | 3.09% | Hold |
| HBCP | Home Bancorp | $49.58 | $50.00 | 0.85% | Buy |
| IBCP | Independent Bank | $35.95 | $35.50 | -1.25% | Buy |
| CIVB | Civista Bancshares | $21.51 | $21.00 | -2.37% | Buy |
| FFBC | First Financial Ban | $27.66 | $25.00 | -9.62% | Hold |
| SMBK | SmartFinancial | $35.51 | $32.00 | -9.88% | Hold |
| QCRH | QCR | $78.38 | $64.00 | -18.35% | Buy |