Equity Bancshares (EQBK) Stock Forecast, Price Target & Predictions
EQBK Stock Forecast
Equity Bancshares stock forecast is as follows: an average price target of $40.00 (represents a -0.82% downside from EQBK’s last price of $40.33) 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 $40.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $35.00. This represents a potential -0.82% downside from EQBK's last price of $40.33.
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%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 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 |
|---|---|---|---|---|---|---|
| Jul 18, 2024 | Terry McEvoy | Stephens | $45.00 | $40.66 | 10.67% | 11.58% |
| Jun 13, 2024 | Andrew Liesch | Piper Sandler | $40.00 | $33.64 | 18.91% | -0.82% |
| Apr 23, 2024 | Andrew Liesch | Piper Sandler | $38.00 | $32.91 | 15.47% | -5.78% |
| Apr 17, 2024 | Jeff Rulis | D.A. Davidson | $35.00 | $31.80 | 10.06% | -13.22% |
The latest Equity Bancshares stock forecast, released on Jul 18, 2024 by Terry McEvoy from Stephens, set a price target of $45.00, which represents a 10.67% increase from the stock price at the time of the forecast ($40.66), and a 11.58% increase from EQBK last price ($40.33).
Equity Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $45.00 | $39.50 |
| Last Closing Price | $40.33 | $40.33 | $40.33 |
| Upside/Downside | -100.00% | 11.58% | -2.06% |
In the current month, the average price target of Equity Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Equity Bancshares's last price of $40.33. 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 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 Jul 18, 2024. The company gave EQBK a "Equal-Weight" rating, the same as its previous rate.
Equity Bancshares Financial Forecast
Equity Bancshares 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $49.10M | $45.72M | $47.56M | $31.00K | $50.19M | - | $47.63M | $45.62M | $46.13M | $42.41M | $37.86M | $41.52M | $38.03M | $37.91M | $36.74M | $38.30M | $37.44M | $37.14M | $35.33M | $38.22M | $37.51M |
| Avg Forecast | $59.12M | $58.37M | $57.00M | $55.97M | $56.47M | $56.22M | $55.09M | $52.80M | $48.92M | $48.13M | $48.12M | $49.48M | $51.13M | $48.50M | $46.87M | $41.19M | $45.29M | $39.58M | $31.08M | $37.65M | $40.18M | $2.65M | $45.65M | $215.06M | $35.75M | $34.63M | $38.38M | $89.91M | $44.42M | $42.37M |
| High Forecast | $59.83M | $59.07M | $57.69M | $56.64M | $57.15M | $56.90M | $55.76M | $53.44M | $49.51M | $48.72M | $48.70M | $50.08M | $51.75M | $49.09M | $56.24M | $49.43M | $54.35M | $47.50M | $37.29M | $45.18M | $48.22M | $3.18M | $54.77M | $258.07M | $42.89M | $41.56M | $46.06M | $107.89M | $53.30M | $50.84M |
| Low Forecast | $58.55M | $57.81M | $56.45M | $55.43M | $55.93M | $55.68M | $54.56M | $52.29M | $48.45M | $47.67M | $47.66M | $49.01M | $50.64M | $48.04M | $37.50M | $32.95M | $36.23M | $31.66M | $24.86M | $30.12M | $32.15M | $2.12M | $36.52M | $172.04M | $28.60M | $27.71M | $30.71M | $71.93M | $35.54M | $33.89M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 18 | 9 | 8 | 17 | 15 | 18 | 18 | 19 | 15 | 12 | 16 | 17 | 19 | 8 | 14 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 0.95% | 0.96% | 0.00% | 1.03% | - | 1.16% | 1.01% | 1.17% | 1.36% | 1.01% | 1.03% | 14.34% | 0.83% | 0.17% | 1.07% | 1.08% | 0.97% | 0.39% | 0.86% | 0.89% |
Equity Bancshares's average Quarter revenue forecast for Dec 23 based on 3 analysts is $48.92M, with a low forecast of $48.45M, and a high forecast of $49.51M. 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 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 18 | 9 | 8 | 17 | 15 | 18 | 18 | 19 | 15 | 12 | 16 | 17 | 19 | 8 | 14 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | $15.07M | $35.70M | $32.78M | $28.87M | $26.37M | - | $25.06M | $16.52M | $20.73M | $25.47M | $25.59M | $21.21M | $-85.91M | $9.30M | $12.09M | $25.68M | $28.10M | $27.08M | $9.16M | $26.75M | $25.05M |
| Avg Forecast | $8.75M | $8.64M | $8.44M | $8.28M | $8.36M | $8.32M | $8.15M | $17.47M | $7.24M | $7.12M | $7.12M | $15.88M | $7.57M | $16.03M | $17.03M | $14.44M | $15.66M | $14.57M | $16.18M | $25.44M | $13.75M | $-1.24B | $10.73M | $19.87M | $23.96M | $25.29M | $27.98M | $19.78M | $31.08M | $27.52M |
| High Forecast | $8.86M | $8.74M | $8.54M | $8.38M | $8.46M | $8.42M | $8.25M | $20.97M | $7.33M | $7.21M | $7.21M | $19.06M | $7.66M | $19.23M | $20.44M | $17.33M | $18.79M | $17.48M | $19.42M | $30.53M | $16.50M | $-988.29M | $12.87M | $23.85M | $28.76M | $30.34M | $33.58M | $23.74M | $37.30M | $33.02M |
| Low Forecast | $8.67M | $8.56M | $8.36M | $8.20M | $8.28M | $8.24M | $8.08M | $13.98M | $7.17M | $7.06M | $7.05M | $12.71M | $7.49M | $12.82M | $13.63M | $11.55M | $12.53M | $11.66M | $12.94M | $20.35M | $11.00M | $-1.48B | $8.58M | $15.90M | $19.17M | $20.23M | $22.38M | $15.83M | $24.87M | $22.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.12% | 5.01% | 2.06% | 3.82% | 1.65% | - | 1.74% | 1.05% | 1.42% | 1.57% | 1.01% | 1.54% | 0.07% | 0.87% | 0.61% | 1.07% | 1.11% | 0.97% | 0.46% | 0.86% | 0.91% |
3 analysts predict EQBK's average Quarter EBITDA for Dec 23 to be $7.24M, with a high of $7.33M and a low of $7.17M. This is -51.96% lower than Equity Bancshares's previous annual EBITDA (Sep 23) of $15.07M.
Equity Bancshares 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 18 | 9 | 8 | 17 | 15 | 18 | 18 | 19 | 15 | 12 | 16 | 17 | 19 | 8 | 14 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | $12.34M | $11.46M | $12.32M | $11.61M | $15.17M | - | $15.65M | $10.47M | $11.77M | $15.17M | $15.07M | $12.49M | $-90.41M | $1.69M | $1.26M | $10.01M | $10.41M | $9.23M | $-4.07M | $9.93M | $10.32M |
| Avg Forecast | $17.38M | $16.69M | $15.38M | $14.42M | $15.78M | $15.41M | $14.12M | $10.91M | $-28.94M | $11.26M | $10.58M | $9.92M | $12.49M | $9.10M | $11.75M | $9.02M | $9.92M | $8.27M | $9.63M | $14.99M | $8.09M | $-1.30B | $1.95M | $2.07M | $9.35M | $9.37M | $9.54M | $-8.80M | $11.53M | $11.34M |
| High Forecast | $17.65M | $16.95M | $15.62M | $14.64M | $16.03M | $15.65M | $14.34M | $13.09M | $-28.58M | $11.43M | $10.75M | $11.90M | $12.68M | $10.92M | $14.10M | $10.82M | $11.91M | $9.93M | $11.56M | $17.99M | $9.71M | $-1.04B | $2.34M | $2.48M | $11.22M | $11.24M | $11.45M | $-7.04M | $13.84M | $13.61M |
| Low Forecast | $17.16M | $16.48M | $15.19M | $14.24M | $15.58M | $15.22M | $13.94M | $8.73M | $-29.40M | $11.12M | $10.45M | $7.94M | $12.33M | $7.28M | $9.40M | $7.21M | $7.94M | $6.62M | $7.71M | $11.99M | $6.48M | $-1.56B | $1.56M | $1.65M | $7.48M | $7.49M | $7.63M | $-10.56M | $9.23M | $9.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.10% | 1.08% | 1.24% | 0.93% | 1.67% | - | 1.74% | 1.05% | 1.42% | 1.57% | 1.01% | 1.54% | 0.07% | 0.87% | 0.61% | 1.07% | 1.11% | 0.97% | 0.46% | 0.86% | 0.91% |
Equity Bancshares's average Quarter net income forecast for Dec 23 is $-28.94M, with a range of $-29.40M to $-28.58M. EQBK's average Quarter net income forecast represents a -334.51% decrease compared to the company's last Quarter net income of $12.34M (Sep 23).
Equity Bancshares 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 18 | 9 | 8 | 17 | 15 | 18 | 18 | 19 | 15 | 12 | 16 | 17 | 19 | 8 | 14 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | $17.94M | $17.00M | $18.21M | $18.38M | $22.03M | - | $20.89M | $21.30M | $18.85M | $18.31M | $17.43M | $19.25M | $18.50M | $17.02M | $18.25M | $16.43M | $17.50M | $17.70M | $18.34M | $17.46M | $16.59M |
| Avg Forecast | $26.75M | $26.41M | $25.79M | $25.33M | $25.55M | $25.44M | $24.93M | $14.56M | $22.14M | $21.78M | $21.78M | $13.24M | $23.14M | $14.57M | $16.32M | $12.03M | $20.20M | $13.25M | $11.63M | $17.33M | $12.47M | $1.20M | $19.64M | $30.00M | $15.33M | $15.75M | $18.29M | $39.61M | $20.29M | $18.22M |
| High Forecast | $27.08M | $26.73M | $26.11M | $25.63M | $25.86M | $25.75M | $25.23M | $17.47M | $22.41M | $22.05M | $22.04M | $15.89M | $23.42M | $17.49M | $19.58M | $14.44M | $24.24M | $15.90M | $13.95M | $20.80M | $14.97M | $1.44M | $23.56M | $35.99M | $18.40M | $18.90M | $21.95M | $47.53M | $24.35M | $21.87M |
| Low Forecast | $26.50M | $26.16M | $25.55M | $25.08M | $25.31M | $25.20M | $24.69M | $11.65M | $21.93M | $21.57M | $21.57M | $10.59M | $22.92M | $11.66M | $13.06M | $9.63M | $16.16M | $10.60M | $9.30M | $13.87M | $9.98M | $960.50K | $15.71M | $24.00M | $12.27M | $12.60M | $14.63M | $31.69M | $16.23M | $14.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.82% | 0.78% | 1.38% | 0.79% | 1.51% | - | 1.74% | 1.05% | 1.42% | 1.57% | 1.01% | 1.54% | 15.41% | 0.87% | 0.61% | 1.07% | 1.11% | 0.97% | 0.46% | 0.86% | 0.91% |
Equity Bancshares's average Quarter SG&A projection for Dec 23 is $22.14M, based on 3 Wall Street analysts, with a range of $21.93M to $22.41M. The forecast indicates a 23.43% rise compared to EQBK last annual SG&A of $17.94M (Sep 23).
Equity Bancshares 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 18 | 9 | 8 | 17 | 15 | 18 | 18 | 19 | 15 | 12 | 16 | 17 | 19 | 8 | 14 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | $0.80 | $0.74 | $0.78 | $0.73 | $0.94 | - | $0.94 | $0.62 | $0.82 | $1.06 | $1.04 | $0.85 | $-6.01 | $0.11 | $0.08 | $0.65 | $0.67 | $0.59 | $-0.26 | $0.63 | $0.65 |
| Avg Forecast | $1.13 | $1.08 | $1.00 | $0.94 | $1.03 | $1.00 | $0.92 | $0.85 | $-1.88 | $0.73 | $0.69 | $0.75 | $0.81 | $0.81 | $1.15 | $1.43 | $1.89 | $1.25 | $1.01 | $0.56 | $0.35 | $6.18 | $0.15 | $0.76 | $0.56 | $0.54 | $0.62 | $1.40 | $0.86 | $0.78 |
| High Forecast | $1.15 | $1.10 | $1.02 | $0.95 | $1.04 | $1.02 | $0.93 | $0.86 | $-1.86 | $0.74 | $0.70 | $0.76 | $0.82 | $0.82 | $1.17 | $1.46 | $1.93 | $1.27 | $1.03 | $0.67 | $0.42 | $7.42 | $0.18 | $0.91 | $0.67 | $0.65 | $0.74 | $1.68 | $1.03 | $0.94 |
| Low Forecast | $1.12 | $1.07 | $0.99 | $0.93 | $1.01 | $0.99 | $0.91 | $0.84 | $-1.91 | $0.72 | $0.68 | $0.74 | $0.80 | $0.80 | $1.12 | $1.42 | $1.88 | $1.23 | $1.00 | $0.45 | $0.28 | $4.95 | $0.12 | $0.60 | $0.45 | $0.43 | $0.50 | $1.12 | $0.69 | $0.62 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.09% | 1.08% | 1.04% | 0.90% | 1.16% | - | 0.66% | 0.33% | 0.66% | 1.05% | 1.86% | 2.43% | -0.97% | 0.73% | 0.11% | 1.16% | 1.24% | 0.95% | -0.19% | 0.73% | 0.83% |
According to 3 Wall Street analysts, Equity Bancshares's projected average Quarter EPS for Dec 23 is $-1.88, with a low estimate of $-1.91 and a high estimate of $-1.86. This represents a -335.25% decrease compared to EQBK previous annual EPS of $0.80 (Sep 23).
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 1 'Buy' recommendations, accounting for 50.00% of EQBK's total ratings.
What is EQBK's price target?
Equity Bancshares (EQBK) average price target is $40 with a range of $35 to $45, implying a -0.82% from its last price of $40.33. 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 down by -0.82% (from the last price of $40.33 to the average price target of $40), up by 11.58% based on the highest stock price target, and down by -13.22% based on the lowest stock price target.
Can Equity Bancshares stock reach $60?
EQBK's average twelve months analyst stock price target of $40 does not support the claim that Equity Bancshares can reach $60 in the near future.
What are Equity Bancshares's analysts' financial forecasts?
Equity Bancshares's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $220.58M (high $223.25M, low $218.46M), average EBITDA is $42.3M (high $46.1M, low $38.57M), average net income is $56.21M (high $59.11M, low $53.47M), average SG&A $90.49M (high $94.32M, low $86.84M), and average EPS is $3.79 (high $3.85, low $3.74). EQBK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $230.45M (high $233.24M, low $228.24M), average EBITDA is $34.11M (high $34.52M, low $33.78M), average net income is $63.86M (high $64.86M, low $63.06M), average SG&A $104.29M (high $105.55M, low $103.28M), and average EPS is $4.15 (high $4.22, low $4.1).
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 $2.81M by 177.88%. 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 $11.26M by 9.63%. 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%