Equity Bancshares (EQBK) Stock Forecast, Price Target & Predictions
EQBK Stock Forecast
Equity Bancshares stock forecast is as follows: an average price target of $43.67 (represents a 3.95% upside from EQBK’s last price of $42.01) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
EQBK Price Target
The average price target for Equity Bancshares (EQBK) is $43.67 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $40.00. This represents a potential 3.95% upside from EQBK's last price of $42.01.
EQBK Analyst Ratings
According to 2 Wall Street analysts, Equity Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for EQBK 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%).
Equity Bancshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Jeff Rulis | D.A. Davidson | $45.00 | $44.34 | 1.49% | 7.12% |
| Oct 14, 2024 | Terry McEvoy | Stephens | $46.00 | $41.96 | 9.63% | 9.50% |
| Jul 18, 2024 | Terry McEvoy | Stephens | $45.00 | $40.66 | 10.67% | 7.12% |
| Jun 13, 2024 | Andrew Liesch | Piper Sandler | $40.00 | $33.64 | 18.91% | -4.78% |
| Apr 23, 2024 | Andrew Liesch | Piper Sandler | $38.00 | $32.91 | 15.47% | -9.55% |
| Apr 17, 2024 | Jeff Rulis | D.A. Davidson | $35.00 | $31.80 | 10.06% | -16.69% |
The latest Equity Bancshares stock forecast, released on Oct 16, 2024 by Jeff Rulis from D.A. Davidson, set a price target of $45.00, which represents a 1.49% increase from the stock price at the time of the forecast ($44.34), and a 7.12% increase from EQBK last price ($42.01).
Equity Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 6 |
| Avg Price Target | $45.50 | $45.50 | $41.50 |
| Last Closing Price | $42.01 | $42.01 | $42.01 |
| Upside/Downside | 8.31% | 8.31% | -1.21% |
In the current month, the average price target of Equity Bancshares stock is $45.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 8.31% increase as opposed to Equity Bancshares's last price of $42.01. This month's average price target is down 0.00% compared to last quarter, and up 9.64% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | Stephens | Equal-Weight | Overweight | Upgrade |
| Jul 18, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Jun 13, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 23, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 17, 2022 | Piper Sandler | Overweight | Overweight | Hold |
Equity Bancshares's last stock rating was published by Stephens on Oct 14, 2024. The company Upgrade its EQBK rating from "Equal-Weight" to "Overweight".
Equity Bancshares Financial Forecast
Equity Bancshares 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.10M | $45.72M | $47.56M | $31.00K | $50.19M | $47.91M | $47.63M | $45.62M | $46.13M | $42.41M | $37.86M | $41.52M | $38.03M | $37.91M | $36.74M | $38.30M | $37.44M |
| Avg Forecast | $64.07M | $62.90M | $61.03M | $59.38M | $59.40M | $58.55M | $57.30M | $55.94M | $55.60M | $56.09M | $55.09M | $52.80M | $48.92M | $48.13M | $48.12M | $49.48M | $51.13M | $48.50M | $47.07M | $45.53M | $45.30M | $39.90M | $37.97M | $38.53M | $38.19M | $38.31M | $36.66M | $37.30M | $37.44M | $37.88M |
| High Forecast | $64.45M | $63.28M | $61.40M | $59.73M | $59.75M | $58.90M | $57.64M | $56.27M | $55.93M | $56.15M | $55.42M | $52.80M | $49.21M | $48.42M | $48.41M | $49.78M | $51.44M | $48.95M | $47.50M | $45.94M | $45.71M | $40.26M | $38.31M | $38.89M | $38.53M | $38.66M | $36.99M | $37.64M | $37.79M | $38.23M |
| Low Forecast | $63.74M | $62.58M | $60.72M | $59.07M | $59.10M | $58.25M | $57.01M | $55.65M | $55.32M | $56.02M | $54.81M | $52.80M | $48.67M | $47.89M | $47.87M | $49.23M | $50.87M | $48.24M | $46.81M | $45.28M | $45.05M | $39.68M | $37.76M | $38.32M | $37.97M | $38.10M | $36.45M | $37.10M | $37.24M | $37.67M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.95% | 0.96% | 0.00% | 1.03% | 1.02% | 1.05% | 1.01% | 1.16% | 1.12% | 0.98% | 1.09% | 0.99% | 1.03% | 0.98% | 1.02% | 0.99% |
Equity Bancshares's average Quarter revenue forecast for Dec 23 based on 3 analysts is $48.92M, with a low forecast of $48.67M, and a high forecast of $49.21M. EQBK's average Quarter revenue forecast represents a -0.36% decrease compared to the company's last Quarter revenue of $49.10M (Sep 23).
Equity Bancshares 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $15.07M | $35.70M | $32.78M | $28.87M | $26.37M | $23.47M | $25.06M | $16.52M | $20.73M | $25.47M | $25.59M | $21.21M | $-85.91M | $9.30M | $12.09M | $25.68M | $28.10M |
| Avg Forecast | $9.48M | $9.31M | $9.03M | $8.79M | $8.79M | $8.67M | $8.48M | $8.28M | $8.23M | $8.30M | $8.15M | $17.47M | $7.24M | $7.12M | $7.12M | $15.88M | $17.23M | $7.18M | $6.97M | $14.44M | $6.70M | $5.90M | $5.62M | $25.44M | $5.65M | $5.67M | $5.42M | $19.87M | $5.54M | $5.61M |
| High Forecast | $9.54M | $9.37M | $9.09M | $8.84M | $8.84M | $8.72M | $8.53M | $8.33M | $8.28M | $8.31M | $8.20M | $20.97M | $7.28M | $7.17M | $7.16M | $19.06M | $20.67M | $7.24M | $7.03M | $17.33M | $6.77M | $5.96M | $5.67M | $30.53M | $5.70M | $5.72M | $5.47M | $23.85M | $5.59M | $5.66M |
| Low Forecast | $9.43M | $9.26M | $8.99M | $8.74M | $8.75M | $8.62M | $8.44M | $8.24M | $8.19M | $8.29M | $8.11M | $13.98M | $7.20M | $7.09M | $7.09M | $12.71M | $13.78M | $7.14M | $6.93M | $11.55M | $6.67M | $5.87M | $5.59M | $20.35M | $5.62M | $5.64M | $5.40M | $15.90M | $5.51M | $5.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.12% | 5.01% | 2.06% | 1.68% | 3.67% | 3.37% | 1.74% | 2.46% | 3.51% | 4.53% | 1.01% | 3.75% | -15.15% | 1.71% | 0.61% | 4.63% | 5.01% |
3 analysts predict EQBK's average Quarter EBITDA for Dec 23 to be $7.24M, with a high of $7.28M and a low of $7.20M. This is -51.96% lower than Equity Bancshares's previous annual EBITDA (Sep 23) of $15.07M.
Equity Bancshares 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.34M | $11.46M | $12.32M | $11.61M | $15.17M | $15.26M | $15.65M | $10.47M | $11.77M | $15.17M | $15.07M | $12.49M | $-90.41M | $1.69M | $1.26M | $10.01M | $10.41M |
| Avg Forecast | $19.31M | $18.18M | $17.10M | $16.07M | $17.09M | $16.32M | $15.48M | $14.28M | $14.52M | $15.36M | $14.18M | $10.91M | $-29.08M | $11.31M | $10.63M | $9.92M | $10.92M | $12.52M | $11.62M | $9.02M | $8.96M | $11.13M | $9.66M | $14.99M | $8.31M | $6.64M | $2.05M | $2.07M | $9.23M | $9.35M |
| High Forecast | $19.46M | $18.32M | $17.23M | $16.19M | $17.22M | $16.44M | $15.60M | $14.39M | $14.64M | $15.42M | $14.29M | $13.09M | $-28.89M | $11.40M | $10.71M | $11.90M | $13.10M | $12.66M | $11.76M | $10.82M | $9.07M | $11.26M | $9.77M | $17.99M | $8.40M | $6.72M | $2.07M | $2.48M | $9.34M | $9.46M |
| Low Forecast | $19.19M | $18.06M | $16.99M | $15.96M | $16.98M | $16.21M | $15.38M | $14.18M | $14.43M | $15.30M | $14.09M | $8.73M | $-29.31M | $11.24M | $10.56M | $7.94M | $8.73M | $12.43M | $11.54M | $7.21M | $8.90M | $11.05M | $9.59M | $11.99M | $8.25M | $6.60M | $2.03M | $1.65M | $9.17M | $9.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.08% | 1.24% | 1.06% | 1.21% | 1.31% | 1.74% | 1.17% | 1.06% | 1.57% | 1.01% | 1.50% | -13.61% | 0.82% | 0.61% | 1.08% | 1.11% |
Equity Bancshares's average Quarter net income forecast for Dec 23 is $-29.08M, with a range of $-29.31M to $-28.89M. EQBK's average Quarter net income forecast represents a -335.64% decrease compared to the company's last Quarter net income of $12.34M (Sep 23).
Equity Bancshares 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.94M | $17.00M | $18.21M | $18.38M | $22.03M | $21.19M | $20.89M | $21.30M | $18.85M | $18.31M | $17.43M | $19.25M | $18.50M | $17.02M | $18.25M | $16.43M | $17.50M |
| Avg Forecast | $28.99M | $28.47M | $27.62M | $26.87M | $26.88M | $26.50M | $25.93M | $25.31M | $25.16M | $25.38M | $24.93M | $14.56M | $22.14M | $21.78M | $21.78M | $13.24M | $22.22M | $21.95M | $21.30M | $12.03M | $20.50M | $18.05M | $17.18M | $17.33M | $17.28M | $17.34M | $16.59M | $30.00M | $16.94M | $17.14M |
| High Forecast | $29.17M | $28.64M | $27.78M | $27.03M | $27.04M | $26.66M | $26.09M | $25.47M | $25.31M | $25.41M | $25.08M | $17.47M | $22.27M | $21.91M | $21.91M | $15.89M | $26.66M | $22.15M | $21.50M | $14.44M | $20.69M | $18.22M | $17.34M | $20.80M | $17.44M | $17.50M | $16.74M | $35.99M | $17.10M | $17.30M |
| Low Forecast | $28.84M | $28.32M | $27.48M | $26.73M | $26.74M | $26.36M | $25.80M | $25.18M | $25.03M | $25.35M | $24.80M | $11.65M | $22.03M | $21.67M | $21.66M | $10.59M | $17.77M | $21.83M | $21.18M | $9.63M | $20.39M | $17.96M | $17.09M | $13.87M | $17.18M | $17.24M | $16.50M | $24.00M | $16.85M | $17.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.78% | 1.38% | 0.83% | 1.00% | 0.99% | 1.74% | 1.04% | 1.04% | 1.07% | 1.01% | 1.11% | 1.07% | 1.03% | 0.61% | 0.97% | 1.02% |
Equity Bancshares's average Quarter SG&A projection for Dec 23 is $22.14M, based on 3 Wall Street analysts, with a range of $22.03M to $22.27M. The forecast indicates a 23.43% rise compared to EQBK last annual SG&A of $17.94M (Sep 23).
Equity Bancshares 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 8 | 8 | 10 | 13 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.80 | $0.74 | $0.78 | $0.73 | $0.94 | $0.95 | $0.94 | $0.62 | $0.82 | $1.06 | $1.04 | $0.85 | $-6.01 | $0.11 | $0.08 | $0.65 | $0.67 |
| Avg Forecast | $1.25 | $1.18 | $1.11 | $1.04 | $1.11 | $1.06 | $1.00 | $0.92 | $0.94 | $0.99 | $0.92 | $0.85 | $-1.88 | $0.73 | $0.69 | $0.75 | $0.81 | $0.81 | $0.75 | $0.63 | $0.58 | $0.72 | $0.63 | $0.56 | $0.54 | $0.43 | $0.13 | $0.46 | $0.60 | $0.60 |
| High Forecast | $1.26 | $1.19 | $1.12 | $1.05 | $1.11 | $1.06 | $1.01 | $0.93 | $0.95 | $1.00 | $0.93 | $0.85 | $-1.87 | $0.74 | $0.69 | $0.76 | $0.82 | $0.82 | $0.76 | $0.64 | $0.59 | $0.73 | $0.63 | $0.57 | $0.54 | $0.44 | $0.13 | $0.46 | $0.60 | $0.61 |
| Low Forecast | $1.24 | $1.17 | $1.10 | $1.03 | $1.10 | $1.05 | $1.00 | $0.92 | $0.93 | $0.99 | $0.91 | $0.84 | $-1.90 | $0.73 | $0.68 | $0.75 | $0.81 | $0.80 | $0.75 | $0.63 | $0.58 | $0.71 | $0.62 | $0.56 | $0.53 | $0.43 | $0.13 | $0.45 | $0.59 | $0.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.08% | 1.04% | 0.90% | 1.16% | 1.26% | 1.49% | 1.07% | 1.14% | 1.70% | 1.85% | 1.58% | -13.98% | 0.83% | 0.18% | 1.09% | 1.11% |
According to 3 Wall Street analysts, Equity Bancshares's projected average Quarter EPS for Dec 23 is $-1.88, with a low estimate of $-1.90 and a high estimate of $-1.87. This represents a -335.25% decrease compared to EQBK previous annual EPS of $0.80 (Sep 23).
Equity Bancshares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CFB | CrossFirst Bankshares | $15.47 | $17.60 | 13.77% | Buy |
| HFWA | Heritage Financial | $23.23 | $26.00 | 11.92% | Hold |
| GSBC | Great Southern Bancorp | $56.66 | $62.00 | 9.42% | Hold |
| HBCP | Home Bancorp | $46.16 | $50.00 | 8.32% | Buy |
| EQBK | Equity Bancshares | $41.97 | $43.67 | 4.05% | Buy |
| ISTR | Investar | $20.81 | $13.50 | -35.13% | Buy |
EQBK Forecast FAQ
Is Equity Bancshares a good buy?
Yes, according to 2 Wall Street analysts, Equity Bancshares (EQBK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of EQBK's total ratings.
What is EQBK's price target?
Equity Bancshares (EQBK) average price target is $43.67 with a range of $40 to $46, implying a 3.95% from its last price of $42.01. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Equity Bancshares stock go up soon?
According to Wall Street analysts' prediction for EQBK stock, the company can go up by 3.95% (from the last price of $42.01 to the average price target of $43.67), up by 9.50% based on the highest stock price target, and down by -4.78% based on the lowest stock price target.
Can Equity Bancshares stock reach $60?
EQBK's average twelve months analyst stock price target of $43.67 does not support the claim that Equity Bancshares can reach $60 in the near future.
What is Equity Bancshares's current price target trend?
2 Wall Street analysts forecast a $45.5 price target for Equity Bancshares (EQBK) this month, up 8.31% from its last price of $42.01. Compared to the last 3 and 12 months, the average price target increased by 8.31% and decreased by -1.21%, respectively.
What are Equity Bancshares's analysts' financial forecasts?
Equity Bancshares's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $231.19M (high $232.57M, low $230.01M), average EBITDA is $34.22M (high $34.42M, low $34.04M), average net income is $63.17M (high $63.66M, low $62.75M), average SG&A $104.62M (high $105.25M, low $104.09M), and average EPS is $4.09 (high $4.12, low $4.06). EQBK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $247.38M (high $248.86M, low $246.11M), average EBITDA is $36.61M (high $36.83M, low $36.42M), average net income is $70.67M (high $71.21M, low $70.2M), average SG&A $111.95M (high $112.62M, low $111.37M), and average EPS is $4.57 (high $4.61, low $4.54).
Did the EQBK's actual financial results beat the analysts' financial forecasts?
Based on Equity Bancshares's last annual report (Dec 2023), the company's revenue was $168.08M, which missed the average analysts forecast of $194.66M by -13.65%. Apple's EBITDA was $2.42M, missing the average prediction of $37.37M by -93.54%. The company's net income was $7.82M, beating the average estimation of $2.78M by 181.28%. Apple's SG&A was $0, missing the average forecast of $78.93M by -100.00%. Lastly, the company's EPS was $15.48, beating the average prediction of $0.288 by 5275.00%. In terms of the last quarterly report (Sep 2023), Equity Bancshares's revenue was $49.1M, beating the average analysts' forecast of $48.13M by 2.00%. The company's EBITDA was $15.07M, beating the average prediction of $7.12M by 111.57%. Equity Bancshares's net income was $12.34M, beating the average estimation of $11.31M by 9.11%. The company's SG&A was $17.94M, missing the average forecast of $21.78M by -17.66%. Lastly, the company's EPS was $0.8, beating the average prediction of $0.732 by 9.29%