First Foundation (FFWM) Stock Forecast, Price Target & Predictions


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FFWM Stock Forecast


First Foundation stock forecast is as follows: an average price target of $7.00 (represents a 0.57% upside from FFWM’s last price of $6.96) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.

FFWM Price Target


The average price target for First Foundation (FFWM) is $7.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $5.00. This represents a potential 0.57% upside from FFWM's last price of $6.96.

FFWM Analyst Ratings


Hold

According to 3 Wall Street analysts, First Foundation's rating consensus is 'Hold'. The analyst rating breakdown for FFWM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

First Foundation Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 03, 2024David ChiaveriniWedbush$5.00$6.57-23.90%-28.16%
Jul 03, 2024Gary TennerD.A. Davidson$9.00$6.5736.99%29.31%
Jan 05, 2024David FeasterRaymond James$12.00$9.9520.60%72.41%
Jul 27, 2022Raymond James$23.00$20.2713.47%230.46%
Jul 07, 2022Raymond James$25.00$20.3722.73%259.20%
Apr 27, 2022Raymond James$28.00$22.6923.40%302.30%

The latest First Foundation stock forecast, released on Jul 03, 2024 by David Chiaverini from Wedbush, set a price target of $5.00, which represents a -23.90% decrease from the stock price at the time of the forecast ($6.57), and a -28.16% decrease from FFWM last price ($6.96).

First Foundation Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$8.67
Last Closing Price$6.96$6.96$6.96
Upside/Downside-100.00%-100.00%24.57%

In the current month, the average price target of First Foundation 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 Foundation's last price of $6.96. 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


DateCompanyPrevious RatingNew RatingRating Change
Jul 26, 2024StephensUnderperformUnderperformHold
Jul 26, 2024WedbushBuyBuyHold
Jul 26, 2024StephensEqual-WeightEqual-WeightHold
Jul 03, 2024WedbushNeutralNeutralHold
Jul 03, 2024StephensEqual-WeightDowngrade
Jul 03, 2024Raymond JamesStrong BuyMarket PerformDowngrade
Jan 05, 2024Raymond JamesOutperformStrong BuyUpgrade
Feb 03, 2023Piper SandlerNeutralDowngrade
Jul 07, 2022Raymond JamesOutperformOutperformHold
Apr 27, 2022Raymond JamesOutperformOutperformHold

First Foundation's last stock rating was published by Stephens on Jul 26, 2024. The company gave FFWM a "Underperform" rating, the same as its previous rate.

First Foundation Financial Forecast


First Foundation Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$438.81M$39.09M$42.06M$53.74M$63.72M$86.30M$90.59M$88.13M$73.65M$87.36M$69.59M$64.37M$61.35M$73.53M$55.79M$53.17M$49.82M$51.19M
Avg Forecast$85.42M$85.13M$83.20M$79.77M$82.62M$79.74M$74.98M$68.90M$65.77M$60.68M$55.04M$56.69M$62.84M$63.68M$59.73M$77.52M$95.85M$98.08M$92.00M$89.35M$74.35M$76.33M$68.38M$64.10M$60.77M$64.97M$56.25M$54.05M$52.87M$56.32M
High Forecast$90.89M$90.57M$88.53M$84.87M$87.90M$84.84M$79.78M$73.40M$70.22M$60.85M$55.04M$56.69M$64.23M$65.46M$63.56M$82.48M$101.99M$98.08M$92.00M$89.35M$74.35M$76.33M$68.38M$64.10M$60.77M$64.97M$56.25M$54.05M$52.87M$56.32M
Low Forecast$80.69M$80.42M$78.60M$75.36M$78.05M$75.33M$70.83M$65.83M$63.39M$60.50M$55.04M$56.69M$60.48M$61.74M$56.43M$73.23M$90.55M$98.08M$92.00M$89.35M$74.35M$76.33M$68.38M$64.10M$60.77M$64.97M$56.25M$54.05M$52.87M$56.32M
# Analysts222211144211354433334444477986
Surprise %------------6.98%0.61%0.70%0.69%0.66%0.88%0.98%0.99%0.99%1.14%1.02%1.00%1.01%1.13%0.99%0.98%0.94%0.91%

First Foundation's average Quarter revenue forecast for Mar 24 based on 1 analysts is $56.69M, with a low forecast of $56.69M, and a high forecast of $56.69M. FFWM's average Quarter revenue forecast represents a -87.08% decrease compared to the company's last Quarter revenue of $438.81M (Dec 23).

First Foundation EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211354433334444477986
EBITDA------------$98.20M$1.58M$-212.59M$88.94M$72.24M$60.61M$56.45M$49.78M$36.86M$56.32M$41.48M$37.91M$39.93M$54.78M$40.22M$37.72M$41.51M$45.92M
Avg Forecast$16.71M$16.66M$16.28M$15.61M$16.17M$15.60M$14.67M$13.48M$12.87M$11.87M$10.77M$54.21M$12.30M$12.46M$11.69M$49.28M$27.37M$23.75M$22.28M$44.80M$18.01M$18.49M$16.56M$32.74M$14.72M$15.74M$13.62M$37.72M$12.80M$13.64M
High Forecast$17.78M$17.72M$17.32M$16.61M$17.20M$16.60M$15.61M$14.36M$13.74M$11.91M$10.77M$65.05M$12.57M$12.81M$12.44M$59.14M$32.84M$23.75M$22.28M$53.76M$18.01M$18.49M$16.56M$39.29M$14.72M$15.74M$13.62M$45.26M$12.80M$13.64M
Low Forecast$15.79M$15.74M$15.38M$14.74M$15.27M$14.74M$13.86M$12.88M$12.40M$11.84M$10.77M$43.37M$11.83M$12.08M$11.04M$39.42M$21.89M$23.75M$22.28M$35.84M$18.01M$18.49M$16.56M$26.19M$14.72M$15.74M$13.62M$30.18M$12.80M$13.64M
Surprise %------------7.99%0.13%-18.19%1.80%2.64%2.55%2.53%1.11%2.05%3.05%2.50%1.16%2.71%3.48%2.95%1.00%3.24%3.37%

1 analysts predict FFWM's average Quarter EBITDA for Mar 24 to be $54.21M, with a high of $65.05M and a low of $43.37M. This is -44.80% lower than First Foundation's previous annual EBITDA (Dec 23) of $98.20M.

First Foundation Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211354433334444477986
Net Income------------$2.55M$2.18M$-212.29M$8.50M$17.35M$29.01M$33.32M$30.84M$23.88M$37.23M$26.05M$22.36M$22.37M$30.94M$17.85M$13.21M$15.21M$17.36M
Avg Forecast$11.88M$11.19M$10.69M$9.75M$10.60M$8.89M$6.73M$4.10M$2.48M$-11.52M$432.77K$33.58M$1.74M$2.68M$2.14M$30.53M$17.73M$30.30M$31.00M$27.75M$24.87M$38.02M$29.40M$19.31M$25.10M$28.15M$20.13M$13.21M$17.53M$20.35M
High Forecast$12.87M$12.12M$11.58M$10.56M$11.48M$9.63M$7.29M$7.38M$5.78M$-10.69M$448.18K$40.30M$2.61M$6.03M$2.32M$36.63M$21.27M$30.30M$31.00M$33.30M$24.87M$38.02M$29.40M$23.17M$25.10M$28.15M$20.13M$15.85M$17.53M$20.35M
Low Forecast$11.03M$10.39M$9.92M$9.04M$9.84M$8.25M$6.24M$1.64M$-825.35K$-12.48M$417.36K$26.86M$870.90K$1.34M$1.99M$24.42M$14.18M$30.30M$31.00M$22.20M$24.87M$38.02M$29.40M$15.45M$25.10M$28.15M$20.13M$10.57M$17.53M$20.35M
Surprise %------------1.46%0.81%-99.03%0.28%0.98%0.96%1.07%1.11%0.96%0.98%0.89%1.16%0.89%1.10%0.89%1.00%0.87%0.85%

First Foundation's average Quarter net income forecast for Mar 24 is $33.58M, with a range of $26.86M to $40.30M. FFWM's average Quarter net income forecast represents a 1217.91% increase compared to the company's last Quarter net income of $2.55M (Dec 23).

First Foundation SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211354433334444477986
SG&A------------$50.76M$19.63M$21.03M$25.29M$23.24M$29.53M$27.63M$29.82M$26.43M$23.24M$20.20M$21.53M$17.81M$17.91M$18.29M$19.86M$16.53M$17.17M
Avg Forecast$30.39M$30.29M$29.61M$28.38M$29.40M$28.37M$26.68M$24.51M$23.40M$21.59M$19.58M$32.48M$22.36M$22.66M$21.25M$29.52M$19.63M$34.90M$32.74M$26.84M$26.45M$27.16M$24.33M$18.59M$21.62M$23.12M$20.01M$19.86M$18.81M$20.04M
High Forecast$32.34M$32.23M$31.50M$30.20M$31.28M$30.19M$28.39M$26.12M$24.99M$21.65M$19.58M$38.97M$22.85M$23.29M$22.61M$35.43M$23.55M$34.90M$32.74M$32.21M$26.45M$27.16M$24.33M$22.31M$21.62M$23.12M$20.01M$23.83M$18.81M$20.04M
Low Forecast$28.71M$28.61M$27.97M$26.81M$27.77M$26.80M$25.20M$23.42M$22.56M$21.53M$19.58M$25.98M$21.52M$21.97M$20.08M$23.62M$15.70M$34.90M$32.74M$21.47M$26.45M$27.16M$24.33M$14.87M$21.62M$23.12M$20.01M$15.89M$18.81M$20.04M
Surprise %------------2.27%0.87%0.99%0.86%1.18%0.85%0.84%1.11%1.00%0.86%0.83%1.16%0.82%0.77%0.91%1.00%0.88%0.86%

First Foundation's average Quarter SG&A projection for Mar 24 is $32.48M, based on 1 Wall Street analysts, with a range of $25.98M to $38.97M. The forecast indicates a -36.02% fall compared to FFWM last annual SG&A of $50.76M (Dec 23).

First Foundation EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144211354433334444477986
EPS------------$0.05$0.04$-3.76$0.15$0.31$0.51$0.59$0.55$0.51$0.83$0.58$0.50$0.50$0.69$0.40$0.30$0.34$0.39
Avg Forecast$0.18$0.17$0.16$0.15$0.16$0.13$0.10$0.06$0.04$-0.17$0.01$0.01$0.03$0.04$0.03$0.15$0.31$0.54$0.55$0.50$0.44$0.67$0.52$0.46$0.44$0.50$0.36$0.29$0.31$0.36
High Forecast$0.19$0.18$0.17$0.16$0.17$0.14$0.11$0.11$0.09$-0.16$0.01$0.01$0.04$0.09$0.03$0.16$0.33$0.54$0.55$0.50$0.44$0.67$0.52$0.46$0.44$0.50$0.36$0.29$0.31$0.36
Low Forecast$0.16$0.16$0.15$0.14$0.15$0.12$0.09$0.02$-0.01$-0.19$0.01$0.01$0.01$0.02$0.03$0.14$0.28$0.54$0.55$0.50$0.44$0.67$0.52$0.46$0.44$0.50$0.36$0.29$0.31$0.36
Surprise %------------1.73%1.00%-117.50%1.00%1.01%0.95%1.08%1.09%1.16%1.23%1.12%1.08%1.13%1.39%1.12%1.05%1.10%1.08%

According to 1 Wall Street analysts, First Foundation's projected average Quarter EPS for Mar 24 is $0.01, with a low estimate of $0.01 and a high estimate of $0.01. This represents a -82.31% decrease compared to FFWM previous annual EPS of $0.05 (Dec 23).

First Foundation Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PPBIPacific Premier Bancorp$26.57$31.0016.67%Hold
VBTXVeritex$29.11$31.006.49%Buy
FFWMFirst Foundation$6.96$7.000.57%Hold
CNOBConnectOne Bancorp$25.58$25.00-2.27%Buy
FMBHFirst Mid Bancshares$40.10$38.00-5.24%Buy

FFWM Forecast FAQ


Is First Foundation a good buy?

No, according to 3 Wall Street analysts, First Foundation (FFWM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of FFWM's total ratings.

What is FFWM's price target?

First Foundation (FFWM) average price target is $7 with a range of $5 to $9, implying a 0.57% from its last price of $6.96. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will First Foundation stock go up soon?

According to Wall Street analysts' prediction for FFWM stock, the company can go up by 0.57% (from the last price of $6.96 to the average price target of $7), up by 29.31% based on the highest stock price target, and down by -28.16% based on the lowest stock price target.

Can First Foundation stock reach $10?

FFWM's average twelve months analyst stock price target of $7 does not support the claim that First Foundation can reach $10 in the near future.

What are First Foundation's analysts' financial forecasts?

First Foundation's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $306.23M (high $325.92M, low $290.03M), average EBITDA is $59.92M (high $63.77M, low $56.75M), average net income is $30.32M (high $35.78M, low $25.97M), average SG&A $108.96M (high $115.97M, low $103.2M), and average EPS is $0.453 (high $0.534, low $0.388). FFWM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $333.52M (high $354.87M, low $315.07M), average EBITDA is $65.26M (high $69.44M, low $61.65M), average net income is $43.51M (high $47.13M, low $40.38M), average SG&A $118.67M (high $126.27M, low $112.11M), and average EPS is $0.649 (high $0.704, low $0.603).

Did the FFWM's actual financial results beat the analysts' financial forecasts?

Based on First Foundation's last annual report (Dec 2023), the company's revenue was $573.69M, beating the average analysts forecast of $263.78M by 117.49%. Apple's EBITDA was $-200M, missing the average prediction of $85.73M by -333.38%. The company's net income was $-199M, missing the average estimation of $37.09M by -636.66%. Apple's SG&A was $15.18M, missing the average forecast of $95.8M by -84.15%. Lastly, the company's EPS was $0, missing the average prediction of $0.248 by -100.00%. In terms of the last quarterly report (Dec 2023), First Foundation's revenue was $438.81M, beating the average analysts' forecast of $62.84M by 598.26%. The company's EBITDA was $98.2M, beating the average prediction of $12.3M by 698.59%. First Foundation's net income was $2.55M, beating the average estimation of $1.74M by 46.28%. The company's SG&A was $50.76M, beating the average forecast of $22.36M by 127.01%. Lastly, the company's EPS was $0.0451, beating the average prediction of $0.026 by 73.46%