First Business Financial Services (FBIZ) Stock Forecast, Price Target & Predictions
FBIZ Stock Forecast
First Business Financial Services stock forecast is as follows: an average price target of $45.00 (represents a 4.07% upside from FBIZ’s last price of $43.24) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
FBIZ Price Target
The average price target for First Business Financial Services (FBIZ) is $45.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $40.00. This represents a potential 4.07% upside from FBIZ's last price of $43.24.
FBIZ Analyst Ratings
According to 2 Wall Street analysts, First Business Financial Services's rating consensus is 'Buy'. The analyst rating breakdown for FBIZ 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%).
First Business Financial Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Jeff Rulis | D.A. Davidson | $50.00 | $42.49 | 17.67% | 15.63% |
| May 03, 2022 | - | Raymond James | $40.00 | $34.75 | 15.11% | -7.49% |
The latest First Business Financial Services stock forecast, released on Aug 05, 2024 by Jeff Rulis from D.A. Davidson, set a price target of $50.00, which represents a 17.67% increase from the stock price at the time of the forecast ($42.49), and a 15.63% increase from FBIZ last price ($43.24).
First Business Financial Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $50.00 | $50.00 |
| Last Closing Price | $43.24 | $43.24 | $43.24 |
| Upside/Downside | -100.00% | 15.63% | 15.63% |
In the current month, the average price target of First Business Financial Services 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 Business Financial Services's last price of $43.24. 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 29, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jul 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 21, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
First Business Financial Services's last stock rating was published by Keefe, Bruyette & Woods on Jul 29, 2024. The company gave FBIZ a "Outperform" rating, the same as its previous rate.
First Business Financial Services Financial Forecast
First Business Financial Services 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $50.94M | $47.16M | $35.12M | $1.00K | $34.08M | $30.53M | $28.81M | $28.49M | $28.24M | $27.97M | $28.06M | $28.98M | $25.92M | $23.37M | $23.35M | $25.55M | $22.69M | $20.57M | $20.38M | $20.23M | $21.85M |
| Avg Forecast | $43.00M | $41.95M | $40.83M | $39.88M | $39.50M | $38.80M | $37.13M | $37.58M | $37.40M | $36.30M | $34.10M | $34.20M | $34.57M | $31.70M | $29.33M | $28.47M | $28.70M | $27.57M | $27.82M | $27.77M | $26.25M | $25.23M | $23.82M | $23.15M | $22.82M | $22.60M | $22.00M | $21.45M | $22.71M | $18.30M |
| High Forecast | $43.22M | $42.17M | $41.04M | $40.08M | $39.70M | $39.00M | $37.32M | $37.77M | $37.80M | $37.00M | $34.28M | $34.38M | $34.74M | $31.86M | $29.33M | $29.01M | $29.25M | $28.10M | $28.36M | $28.31M | $26.75M | $25.71M | $24.28M | $23.59M | $23.26M | $23.03M | $22.42M | $21.86M | $27.25M | $21.96M |
| Low Forecast | $42.56M | $41.52M | $40.40M | $39.46M | $39.09M | $38.40M | $36.74M | $37.19M | $37.00M | $35.20M | $33.75M | $33.85M | $34.21M | $31.37M | $29.33M | $27.93M | $28.16M | $27.05M | $27.30M | $27.25M | $25.75M | $24.75M | $23.37M | $22.71M | $22.39M | $22.17M | $21.58M | $21.04M | $18.17M | $14.64M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.40% | 1.38% | 1.03% | 0.00% | 1.08% | 1.04% | 1.01% | 0.99% | 1.02% | 1.01% | 1.01% | 1.10% | 1.03% | 0.98% | 1.01% | 1.12% | 1.00% | 0.93% | 0.95% | 0.89% | 1.19% |
First Business Financial Services's average Quarter revenue forecast for Dec 23 based on 2 analysts is $37.40M, with a low forecast of $37.00M, and a high forecast of $37.80M. FBIZ's average Quarter revenue forecast represents a -26.58% decrease compared to the company's last Quarter revenue of $50.94M (Sep 23).
First Business Financial Services 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | $12.02M | $10.86M | $28.06M | $24.40M | $21.01M | $19.14M | $14.71M | $14.98M | $15.66M | $14.58M | $16.70M | $11.55M | $9.96M | $6.10M | $11.26M | $15.35M | $15.98M | $15.22M | $13.18M | $10.32M | $13.61M |
| Avg Forecast | - | - | - | - | - | - | - | $14.52M | - | - | - | $13.20M | - | $13.51M | - | $12.00M | $13.69M | $12.28M | $12.27M | $9.67M | $9.20M | $9.55M | $4.47M | $13.02M | $12.00M | $13.83M | $6.77M | $7.41M | $10.75M | $10.88M |
| High Forecast | - | - | - | - | - | - | - | $17.43M | - | - | - | $15.84M | - | $16.21M | - | $14.40M | $16.43M | $14.73M | $14.73M | $11.60M | $11.04M | $11.46M | $5.37M | $15.62M | $14.40M | $16.59M | $8.12M | $8.89M | $12.90M | $13.06M |
| Low Forecast | - | - | - | - | - | - | - | $11.62M | - | - | - | $10.56M | - | $10.80M | - | $9.60M | $10.95M | $9.82M | $9.82M | $7.73M | $7.36M | $7.64M | $3.58M | $10.41M | $9.60M | $11.06M | $5.41M | $5.93M | $8.60M | $8.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.13% | - | 1.56% | - | 1.23% | 1.09% | 1.28% | 1.19% | 1.73% | 1.26% | 1.04% | 1.36% | 0.87% | 1.28% | 1.16% | 2.25% | 1.78% | 0.96% | 1.25% |
2 analysts predict FBIZ's average Quarter EBITDA for Dec 23 to be -, with a high of - and a low of -. This is -100.00% lower than First Business Financial Services's previous annual EBITDA (Sep 23) of $12.02M.
First Business Financial Services 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | $9.94M | $8.34M | $8.98M | $10.16M | $10.83M | $11.20M | $8.67M | $8.59M | $9.20M | $8.23M | $9.73M | $6.08M | $4.29M | $3.32M | $3.28M | $5.77M | $5.08M | $6.57M | $5.90M | $4.06M | $5.30M |
| Avg Forecast | $11.50M | $10.93M | $10.30M | $9.68M | $10.15M | $9.70M | $8.85M | $9.22M | $9.18M | $9.49M | $7.99M | $8.39M | $9.20M | $7.93M | $7.32M | $7.62M | $7.85M | $7.21M | $6.93M | $5.63M | $4.85M | $4.11M | $2.44M | $3.79M | $4.51M | $4.40M | $2.92M | $3.32M | $4.23M | $4.24M |
| High Forecast | $11.57M | $11.00M | $10.37M | $9.75M | $10.22M | $10.34M | $8.91M | $11.07M | $9.42M | $9.73M | $8.04M | $10.06M | $9.26M | $9.52M | $7.32M | $9.15M | $9.42M | $8.65M | $8.32M | $6.76M | $5.82M | $4.94M | $2.92M | $4.55M | $5.41M | $5.28M | $3.51M | $3.98M | $5.08M | $5.09M |
| Low Forecast | $11.34M | $10.78M | $10.16M | $9.55M | $10.01M | $9.13M | $8.73M | $7.38M | $8.86M | $9.08M | $7.88M | $6.71M | $9.08M | $6.35M | $7.32M | $6.10M | $6.28M | $5.77M | $5.54M | $4.51M | $3.88M | $3.29M | $1.95M | $3.03M | $3.61M | $3.52M | $2.34M | $2.65M | $3.39M | $3.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.05% | 1.04% | 1.07% | 1.10% | 1.36% | 1.53% | 1.14% | 1.09% | 1.28% | 1.19% | 1.73% | 1.26% | 1.04% | 1.36% | 0.87% | 1.28% | 1.16% | 2.25% | 1.78% | 0.96% | 1.25% |
First Business Financial Services's average Quarter net income forecast for Dec 23 is $9.18M, with a range of $8.86M to $9.42M. FBIZ's average Quarter net income forecast represents a -7.64% decrease compared to the company's last Quarter net income of $9.94M (Sep 23).
First Business Financial Services 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | $17.76M | $17.15M | $18.99M | $16.11M | $17.44M | $17.00M | $16.31M | $14.99M | $15.96M | $15.97M | $15.29M | $14.73M | $14.22M | $13.06M | $13.29M | $13.25M | $12.39M | $12.90M | $12.32M | $15.20M | $12.20M |
| Avg Forecast | - | - | - | - | - | - | - | $17.35M | - | - | - | $15.78M | - | $13.76M | - | $14.34M | $13.71M | $12.51M | $13.44M | $8.85M | $11.73M | $13.63M | $9.58M | $15.35M | $10.36M | $10.72M | $5.74M | $6.93M | $15.84M | $9.76M |
| High Forecast | - | - | - | - | - | - | - | $20.82M | - | - | - | $18.93M | - | $16.52M | - | $17.21M | $16.45M | $15.02M | $16.13M | $10.63M | $14.08M | $16.35M | $11.50M | $18.42M | $12.43M | $12.86M | $6.88M | $8.31M | $19.00M | $11.71M |
| Low Forecast | - | - | - | - | - | - | - | $13.88M | - | - | - | $12.62M | - | $11.01M | - | $11.47M | $10.96M | $10.01M | $10.75M | $7.08M | $9.39M | $10.90M | $7.66M | $12.28M | $8.29M | $8.57M | $4.59M | $5.54M | $12.67M | $7.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.20% | - | 1.27% | - | 1.14% | 1.09% | 1.28% | 1.19% | 1.73% | 1.26% | 1.04% | 1.36% | 0.87% | 1.28% | 1.16% | 2.25% | 1.78% | 0.96% | 1.25% |
First Business Financial Services's average Quarter SG&A projection for Dec 23 is -, based on 2 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to FBIZ last annual SG&A of $17.76M (Sep 23).
First Business Financial Services 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | $1.17 | $1.03 | $1.10 | $1.18 | $1.25 | $1.29 | $1.02 | $1.04 | $1.07 | $0.95 | $1.12 | $0.71 | $0.50 | $0.38 | $0.38 | $0.67 | $0.59 | $0.75 | $0.67 | $0.46 | $0.60 |
| Avg Forecast | $1.42 | $1.35 | $1.27 | $1.19 | $1.25 | $1.20 | $1.09 | $1.12 | $1.13 | $1.17 | $0.98 | $1.07 | $1.14 | $1.00 | $0.90 | $0.91 | $0.93 | $0.88 | $0.82 | $0.76 | $0.59 | $0.48 | $0.30 | $0.45 | $0.55 | $0.52 | $0.47 | $0.45 | $0.50 | $0.40 |
| High Forecast | $1.43 | $1.36 | $1.28 | $1.20 | $1.26 | $1.28 | $1.10 | $1.12 | $1.16 | $1.20 | $0.99 | $1.08 | $1.14 | $1.01 | $0.90 | $0.93 | $0.95 | $0.91 | $0.84 | $0.78 | $0.60 | $0.49 | $0.31 | $0.46 | $0.56 | $0.53 | $0.48 | $0.46 | $0.60 | $0.48 |
| Low Forecast | $1.40 | $1.33 | $1.25 | $1.18 | $1.24 | $1.13 | $1.08 | $1.10 | $1.09 | $1.12 | $0.97 | $1.06 | $1.12 | $0.99 | $0.90 | $0.89 | $0.91 | $0.86 | $0.80 | $0.75 | $0.57 | $0.47 | $0.29 | $0.44 | $0.53 | $0.51 | $0.45 | $0.44 | $0.40 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | 1.05% | 1.03% | 1.04% | 1.24% | 1.43% | 1.12% | 1.12% | 1.21% | 1.16% | 1.47% | 1.21% | 1.04% | 1.26% | 0.84% | 1.23% | 1.13% | 1.61% | 1.49% | 0.92% | 1.50% |
According to 2 Wall Street analysts, First Business Financial Services's projected average Quarter EPS for Dec 23 is $1.13, with a low estimate of $1.09 and a high estimate of $1.16. This represents a -3.21% decrease compared to FBIZ previous annual EPS of $1.17 (Sep 23).
FBIZ Forecast FAQ
Is First Business Financial Services a good buy?
Yes, according to 2 Wall Street analysts, First Business Financial Services (FBIZ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of FBIZ's total ratings.
What is FBIZ's price target?
First Business Financial Services (FBIZ) average price target is $45 with a range of $40 to $50, implying a 4.07% from its last price of $43.24. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will First Business Financial Services stock go up soon?
According to Wall Street analysts' prediction for FBIZ stock, the company can go up by 4.07% (from the last price of $43.24 to the average price target of $45), up by 15.63% based on the highest stock price target, and down by -7.49% based on the lowest stock price target.
Can First Business Financial Services stock reach $60?
FBIZ's average twelve months analyst stock price target of $45 does not support the claim that First Business Financial Services can reach $60 in the near future.
What are First Business Financial Services's analysts' financial forecasts?
First Business Financial Services's analysts financial forecasts for the fiscal year (Jun 2024) are as follows: average revenue is $148.4M (high $149.88M, low $146.13M), average EBITDA is $14.52M (high $17.43M, low $11.62M), average net income is $36.75M (high $39.14M, low $34.05M), average SG&A $17.35M (high $20.82M, low $13.88M), and average EPS is $4.51 (high $4.59, low $4.39). FBIZ's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $159M (high $159.82M, low $157.36M), average EBITDA is $0 (high $0, low $0), average net income is $39.82M (high $40.67M, low $38.86M), average SG&A $0 (high $0, low $0), and average EPS is $4.91 (high $5.02, low $4.79).
Did the FBIZ's actual financial results beat the analysts' financial forecasts?
Based on First Business Financial Services's last annual report (Jun 2023), the company's revenue was $89.23M, which missed the average analysts forecast of $134.57M by -33.69%. Apple's EBITDA was $22.65M, missing the average prediction of $26.71M by -15.21%. The company's net income was $17.32M, missing the average estimation of $33.51M by -48.32%. Apple's SG&A was $35.03M, beating the average forecast of $29.54M by 18.58%. Lastly, the company's EPS was $2.13, missing the average prediction of $4.2 by -49.23%. In terms of the last quarterly report (Sep 2023), First Business Financial Services's revenue was $50.94M, beating the average analysts' forecast of $36.3M by 40.33%. The company's EBITDA was $12.02M, beating the average prediction of $0 by 0%. First Business Financial Services's net income was $9.94M, beating the average estimation of $9.49M by 4.80%. The company's SG&A was $17.76M, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $1.17, beating the average prediction of $1.17 by 0%