California BanCorp (CALB) Stock Forecast, Price Target & Predictions
CALB Stock Forecast
California BanCorp stock forecast is as follows: an average price target of $26.00 (represents a 3.63% upside from CALB’s last price of $25.09) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
CALB Price Target
The average price target for California BanCorp (CALB) is $26.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $26.00. This represents a potential 3.63% upside from CALB's last price of $25.09.
CALB Analyst Ratings
According to 2 Wall Street analysts, California BanCorp's rating consensus is 'Buy'. The analyst rating breakdown for CALB stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
California BanCorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 06, 2024 | Nathan Race | Piper Sandler | $26.00 | $21.77 | 19.40% | 3.63% |
The latest California BanCorp stock forecast, released on May 06, 2024 by Nathan Race from Piper Sandler, set a price target of $26.00, which represents a 19.40% increase from the stock price at the time of the forecast ($21.77), and a 3.63% increase from CALB last price ($25.09).
California BanCorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $26.00 |
| Last Closing Price | $25.09 | $25.09 | $25.09 |
| Upside/Downside | -100.00% | -100.00% | 3.63% |
In the current month, the average price target of California 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 California BanCorp's last price of $25.09. 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 |
|---|---|---|---|---|
| May 06, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| May 06, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Nov 06, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 02, 2023 | Keefe, Bruyette & Woods | - | Outperform | Upgrade |
California BanCorp's last stock rating was published by Keefe, Bruyette & Woods on May 06, 2024. The company gave CALB a "Outperform" rating, the same as its previous rate.
California BanCorp Financial Forecast
California 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $29.74M | $19.87M | $19.78M | $19.86M | $23.82M | $19.85M | $17.62M | $17.06M | $14.96M | $15.14M | $14.54M | $14.26M | $13.68M | $12.22M | $11.56M | $11.47M | $11.73M | $11.69M | $11.06M | $10.70M |
| Avg Forecast | $20.50M | $20.20M | $20.00M | $19.70M | $19.82M | $19.66M | $19.46M | $19.52M | $19.83M | $19.82M | $20.10M | $20.99M | $21.12M | $18.70M | $16.20M | $15.60M | $16.00M | $14.30M | $14.50M | $14.20M | $12.30M | $11.17M | $11.32M | $12.15M | $11.78M | $11.44M | $11.24M | $10.80M |
| High Forecast | $20.50M | $20.20M | $20.00M | $19.70M | $19.82M | $19.66M | $19.46M | $19.52M | $19.83M | $20.20M | $20.10M | $20.99M | $21.12M | $18.70M | $16.20M | $15.60M | $16.00M | $14.30M | $14.50M | $14.20M | $12.30M | $11.17M | $11.32M | $12.15M | $11.78M | $11.44M | $11.24M | $10.80M |
| Low Forecast | $20.50M | $20.20M | $20.00M | $19.70M | $19.82M | $19.66M | $19.46M | $19.52M | $19.83M | $19.50M | $20.10M | $20.99M | $21.12M | $18.70M | $16.20M | $15.60M | $16.00M | $14.30M | $14.50M | $14.20M | $12.30M | $11.17M | $11.32M | $12.15M | $11.78M | $11.44M | $11.24M | $10.80M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.50% | 1.00% | 0.98% | 0.95% | 1.13% | 1.06% | 1.09% | 1.09% | 0.94% | 1.06% | 1.00% | 1.00% | 1.11% | 1.09% | 1.02% | 0.94% | 1.00% | 1.02% | 0.98% | 0.99% |
California BanCorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $19.52M, with a low forecast of $19.52M, and a high forecast of $19.52M. CALB's average Quarter revenue forecast represents a -34.37% decrease compared to the company's last Quarter revenue of $29.74M (Dec 23).
California 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | $7.71M | $7.73M | $14.45M | $16.63M | $11.03M | $7.75M | $6.98M | $6.43M | $5.70M | $8.49M | $5.97M | $4.95M | $3.17M | $4.52M | $3.10M | $3.51M | $5.10M | $5.75M | $4.34M |
| Avg Forecast | $5.18M | $5.11M | $5.06M | $4.98M | $5.01M | $4.97M | $4.92M | $8.04M | $5.01M | $5.01M | $5.08M | $7.31M | $8.30M | $4.73M | $4.10M | $6.65M | $4.05M | $3.62M | $3.67M | $4.42M | $3.11M | $2.83M | $2.86M | $4.25M | $2.98M | $2.89M | $6.09M | $2.73M |
| High Forecast | $5.18M | $5.11M | $5.06M | $4.98M | $5.01M | $4.97M | $4.92M | $9.65M | $5.01M | $5.11M | $5.08M | $8.77M | $9.96M | $4.73M | $4.10M | $7.98M | $4.05M | $3.62M | $3.67M | $5.31M | $3.11M | $2.83M | $2.86M | $5.10M | $2.98M | $2.89M | $7.30M | $2.73M |
| Low Forecast | $5.18M | $5.11M | $5.06M | $4.98M | $5.01M | $4.97M | $4.92M | $6.43M | $5.01M | $4.93M | $5.08M | $5.85M | $6.64M | $4.73M | $4.10M | $5.32M | $4.05M | $3.62M | $3.67M | $3.54M | $3.11M | $2.83M | $2.86M | $3.40M | $2.98M | $2.89M | $4.87M | $2.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.54% | 1.52% | 1.98% | 2.00% | 2.33% | 1.89% | 1.05% | 1.59% | 1.58% | 2.32% | 1.35% | 1.59% | 1.12% | 1.58% | 0.73% | 1.18% | 1.76% | 0.94% | 1.59% |
1 analysts predict CALB's average Quarter EBITDA for Dec 23 to be $5.01M, with a high of $5.01M and a low of $5.01M. This is -34.93% lower than California BanCorp's previous annual EBITDA (Sep 23) of $7.71M.
California 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $5.34M | $5.40M | $5.44M | $5.45M | $7.67M | $5.52M | $4.24M | $3.67M | $3.18M | $3.22M | $4.16M | $2.81M | $1.78M | $495.00K | $1.55M | $473.00K | $578.00K | $2.00M | $2.55M | $1.87M |
| Avg Forecast | $4.40M | $4.31M | $4.23M | $4.14M | $4.40M | $4.44M | $4.44M | $4.23M | $5.16M | $5.26M | $5.14M | $3.85M | $4.11M | $5.29M | $3.38M | $3.50M | $3.89M | $2.62M | $2.71M | $2.08M | $761.08K | $761.08K | $930.21K | $647.80K | $2.37M | $3.04M | $2.70M | $2.71M |
| High Forecast | $4.40M | $4.31M | $4.23M | $4.14M | $4.40M | $4.44M | $4.44M | $5.08M | $5.16M | $5.43M | $5.14M | $4.62M | $4.93M | $5.29M | $3.38M | $4.20M | $3.89M | $2.62M | $2.71M | $2.50M | $761.08K | $761.08K | $930.21K | $777.37K | $2.37M | $3.04M | $3.24M | $2.71M |
| Low Forecast | $4.40M | $4.31M | $4.23M | $4.14M | $4.40M | $4.44M | $4.44M | $3.39M | $5.08M | $5.18M | $5.14M | $3.08M | $3.29M | $5.29M | $3.38M | $2.80M | $3.89M | $2.62M | $2.71M | $1.66M | $761.08K | $761.08K | $930.21K | $518.24K | $2.37M | $3.04M | $2.16M | $2.71M |
| Surprise % | - | - | - | - | - | - | - | - | 1.04% | 1.03% | 1.06% | 1.42% | 1.87% | 1.04% | 1.25% | 1.05% | 0.82% | 1.23% | 1.54% | 1.35% | 2.35% | 0.65% | 1.67% | 0.73% | 0.24% | 0.66% | 0.94% | 0.69% |
California BanCorp's average Quarter net income forecast for Mar 24 is $4.23M, with a range of $3.39M to $5.08M. CALB's average Quarter net income forecast represents a -20.75% decrease compared to the company's last Quarter net income of $5.34M (Dec 23).
California 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | $8.24M | $7.83M | $7.88M | $7.44M | $7.42M | $7.15M | $7.09M | $6.37M | $7.46M | $6.86M | $6.95M | $7.64M | $7.19M | $2.12M | $6.48M | $4.41M | $6.12M | $5.31M | $5.58M |
| Avg Forecast | $8.23M | $8.11M | $8.03M | $7.91M | $7.96M | $7.89M | $7.81M | $8.87M | $7.96M | $7.96M | $8.07M | $8.07M | $8.23M | $7.51M | $6.50M | $7.33M | $6.42M | $5.74M | $5.82M | $5.15M | $4.94M | $4.49M | $4.54M | $8.87M | $4.73M | $4.59M | $5.62M | $4.33M |
| High Forecast | $8.23M | $8.11M | $8.03M | $7.91M | $7.96M | $7.89M | $7.81M | $10.65M | $7.96M | $8.11M | $8.07M | $9.68M | $9.87M | $7.51M | $6.50M | $8.80M | $6.42M | $5.74M | $5.82M | $6.18M | $4.94M | $4.49M | $4.54M | $10.64M | $4.73M | $4.59M | $6.75M | $4.33M |
| Low Forecast | $8.23M | $8.11M | $8.03M | $7.91M | $7.96M | $7.89M | $7.81M | $7.10M | $7.96M | $7.83M | $8.07M | $6.45M | $6.58M | $7.51M | $6.50M | $5.87M | $6.42M | $5.74M | $5.82M | $4.12M | $4.94M | $4.49M | $4.54M | $7.10M | $4.73M | $4.59M | $4.50M | $4.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.04% | 0.97% | 0.98% | 0.90% | 0.99% | 1.10% | 0.97% | 0.99% | 1.30% | 1.18% | 1.35% | 1.55% | 1.60% | 0.47% | 0.73% | 0.93% | 1.33% | 0.94% | 1.29% |
California BanCorp's average Quarter SG&A projection for Dec 23 is $7.96M, based on 1 Wall Street analysts, with a range of $7.96M to $7.96M. The forecast indicates a -3.36% fall compared to CALB last annual SG&A of $8.24M (Sep 23).
California 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.64 | $0.64 | $0.65 | $0.65 | $0.92 | $0.66 | $0.51 | $0.44 | $0.39 | $0.39 | $0.51 | $0.34 | $0.22 | $0.06 | $0.19 | $0.06 | $0.07 | $0.25 | $0.32 | $0.23 |
| Avg Forecast | $0.52 | $0.51 | $0.50 | $0.49 | $0.52 | $0.53 | $0.53 | $0.54 | $0.61 | $0.62 | $0.61 | $0.67 | $0.74 | $0.63 | $0.40 | $0.42 | $0.46 | $0.31 | $0.32 | $0.27 | $0.09 | $0.09 | $0.11 | $0.23 | $0.28 | $0.36 | $0.34 | $0.32 |
| High Forecast | $0.52 | $0.51 | $0.50 | $0.49 | $0.52 | $0.53 | $0.53 | $0.54 | $0.61 | $0.64 | $0.61 | $0.67 | $0.74 | $0.63 | $0.40 | $0.42 | $0.46 | $0.31 | $0.32 | $0.27 | $0.09 | $0.09 | $0.11 | $0.23 | $0.28 | $0.36 | $0.34 | $0.32 |
| Low Forecast | $0.52 | $0.51 | $0.50 | $0.49 | $0.52 | $0.53 | $0.53 | $0.54 | $0.60 | $0.61 | $0.61 | $0.67 | $0.74 | $0.63 | $0.40 | $0.42 | $0.46 | $0.31 | $0.32 | $0.27 | $0.09 | $0.09 | $0.11 | $0.23 | $0.28 | $0.36 | $0.34 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | 1.03% | 1.07% | 0.97% | 1.24% | 1.06% | 1.27% | 1.05% | 0.85% | 1.26% | 1.59% | 1.26% | 2.44% | 0.67% | 1.73% | 0.26% | 0.26% | 0.69% | 0.94% | 0.72% |
According to 1 Wall Street analysts, California BanCorp's projected average Quarter EPS for Mar 24 is $0.54, with a low estimate of $0.54 and a high estimate of $0.54. This represents a -15.63% decrease compared to CALB previous annual EPS of $0.64 (Dec 23).