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First Horizon (FHN) Stock Forecast, Price Target & Predictions

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FHN Stock Forecast

First Horizon stock forecast is as follows: an average price target of $19.00 (represents a -6.63% downside from FHN’s last price of $20.35) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

FHN Price Target

The average price target for First Horizon (FHN) is $19.00 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $17.00. This represents a potential -6.63% downside from FHN's last price of $20.35.

FHN Analyst Ratings

Buy

According to 14 Wall Street analysts, First Horizon's rating consensus is 'Buy'. The analyst rating breakdown for FHN stock is 0 'Strong Buy' (0.00%), 12 'Buy' (85.71%), 2 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

First Horizon Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Brennan CrowleyRobert W. Baird$17.00$17.39-2.24%-16.46%
Oct 17, 2024Jon ArfstromRBC Capital$20.00$17.3915.01%-1.72%
Oct 17, 2024Russell GuntherStephens$20.00$17.3915.01%-1.72%
Oct 17, 2024Benjamin GerlingerNational Bank$20.00$17.3915.01%-1.72%
Oct 02, 2024John PancariEvercore ISI$18.00$14.9220.64%-11.55%
Jun 24, 2024Jared ShawBarclays$19.00$14.6729.52%-6.63%
May 22, 2024Russell GuntherStephens$19.00$16.0018.75%-6.63%
Apr 18, 2024Brennan CrowleyRobert W. Baird$16.00$14.1712.91%-21.38%
Apr 18, 2024Benjamin GerlingerNational Bank$18.50$14.1730.56%-9.09%
Apr 09, 2024Jon ArfstromRBC Capital$18.00$15.1518.81%-11.55%
Apr 04, 2024Brady GaileyNational Bank$18.00$14.7322.20%-11.55%
Jan 24, 2024Brody PrestonUBS$16.00$15.125.82%-21.38%
Jan 24, 2022Steven AlexopoulosJ.P. Morgan$20.00$17.2615.87%-1.72%
Dec 06, 2021Ken ZerbeMorgan Stanley$21.00$16.3528.44%3.19%
Sep 03, 2021Jennifer DembaTruist Financial$20.00$15.4829.20%-1.72%

The latest First Horizon stock forecast, released on Oct 17, 2024 by Brennan Crowley from Robert W. Baird, set a price target of $17.00, which represents a -2.24% decrease from the stock price at the time of the forecast ($17.39), and a -16.46% decrease from FHN last price ($20.35).

First Horizon Price Target by Period

1M3M12M
# Anlaysts-512
Avg Price Target-$19.00$18.29
Last Closing Price$20.35$20.35$20.35
Upside/Downside-100.00%-6.63%-10.12%

In the current month, the average price target of First Horizon 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 Horizon's last price of $20.35. 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

DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2024BarclaysOverweightOverweightHold
Dec 11, 2024RBC CapitalOutperformOutperformHold
Oct 17, 2024RBC CapitalOutperformOutperformHold
Oct 17, 2024StephensOverweightOverweightHold
Oct 17, 2024CitigroupBuyBuyHold
Oct 17, 2024BarclaysOverweightOverweightHold
Oct 09, 2024WedbushNeutralNeutralHold
Oct 09, 2024RBC CapitalUnderperformUnderperformHold
Oct 02, 2024Evercore ISIOutperformOutperformHold
Sep 24, 2024WedbushUnderperformNeutralDowngrade
Sep 17, 2024RBC CapitalBuyBuyHold
Aug 06, 2024StephensBuyBuyHold
Jul 03, 2024Wells FargoBuyBuyHold
Jul 03, 2024WedbushUnderperformUnderperformHold
Jul 03, 2024JefferiesBuyBuyHold
Jun 24, 2024BarclaysOverweightOverweightHold
Jun 11, 2024KBWOverweightOverweightHold
Jun 11, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
May 23, 2024Wells FargoEqual-WeightEqual-WeightHold
May 23, 2024WedbushUnderperformUnderperformHold
May 22, 2024StephensOverweightInitialise
May 20, 2024RBC CapitalOutperformOutperformHold
Apr 18, 2024WedbushUnderperformUnderperformHold
Apr 18, 2024Wells FargoBuyBuyHold
Apr 18, 2024Bank of America SecuritiesBuyBuyHold
Apr 18, 2024CitigroupBuyBuyHold
Apr 09, 2024RBC CapitalUnderperformOutperformUpgrade
Apr 04, 2024Keefe, Bruyette & WoodsOutperformUpgrade
Apr 04, 2024UBSBuyBuyHold
Mar 28, 2024RBC CapitalUnderperformUnderperformHold
Mar 08, 2024UBSSector PerformSector PerformHold
Jan 24, 2024Wells FargoSector PerformSector PerformHold
Jan 24, 2024UBSBuyUpgrade
Dec 06, 2023Wells FargoEqual-WeightEqual-WeightHold
Jul 20, 2023RBC CapitalSector PerformSector PerformHold
Jul 20, 2023Raymond JamesOutperformOutperformHold
Jul 06, 2023Raymond JamesOutperformUpgrade
Jun 13, 2023Goldman SachsNeutralDowngrade
May 24, 2023JefferiesHoldBuyUpgrade
Mar 24, 2023Wells FargoOverweightUpgrade
Apr 26, 2022JefferiesHoldDowngrade
Feb 23, 2022WedbushOutperformInitialise

First Horizon's last stock rating was published by Barclays on Dec 19, 2024. The company gave FHN a "Overweight" rating, the same as its previous rate.

First Horizon Financial Forecast

First Horizon 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-------------$779.00M$-30.00M$858.00M$884.00M$875.00M$742.00M$708.00M$744.00M$738.00M$781.00M$808.00M$810.00M$1.36B$499.96M$465.87M$483.46M$460.78M
Avg Forecast$886.37M$880.95M$868.04M$849.51M$861.57M$851.25M$833.64M$817.42M$820.34M$821.57M$822.07M$809.51M$787.73M$797.23M$821.11M$879.21M$872.73M$827.66M$733.17M$706.52M$730.51M$744.90M$769.32M$762.32M$782.40M$799.54M$485.46M$478.35M$468.75M$466.76M
High Forecast$901.84M$896.33M$883.19M$864.34M$876.61M$866.10M$848.19M$820.21M$824.23M$821.69M$822.07M$809.51M$794.46M$811.14M$835.44M$894.55M$887.96M$844.85M$748.40M$721.20M$745.69M$760.37M$785.31M$778.16M$798.66M$816.15M$495.54M$488.29M$478.49M$476.45M
Low Forecast$870.06M$864.75M$852.08M$833.89M$845.72M$835.59M$818.31M$812.15M$815.86M$821.45M$822.07M$809.51M$778.29M$782.56M$806.01M$863.03M$856.68M$806.00M$713.98M$688.04M$711.40M$725.41M$749.19M$742.37M$761.93M$778.62M$472.75M$465.83M$456.49M$454.54M
# Analysts444433357334756322223456464474
Surprise %-------------0.98%-0.04%0.98%1.01%1.06%1.01%1.00%1.02%0.99%1.02%1.06%1.04%1.70%1.03%0.97%1.03%0.99%

First Horizon's average Quarter revenue forecast for Dec 23 based on 7 analysts is $787.73M, with a low forecast of $778.29M, and a high forecast of $794.46M. FHN's average Quarter revenue forecast represents a 1.12% increase compared to the company's last Quarter revenue of $779.00M (Sep 23).

First Horizon 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
# Analysts444433357334756322223456464474
EBITDA-------------$201.00M$251.00M$574.00M$494.00M$454.00M$286.00M$301.00M$325.00M$347.00M$452.00M$364.00M$369.06M$608.64M$127.86M$113.44M$263.94M$270.46M
Avg Forecast$319.69M$317.74M$313.08M$306.40M$310.74M$307.02M$300.67M$294.82M$295.88M$296.32M$296.50M$331.89M$284.11M$287.54M$296.15M$301.71M$277.20M$302.16M$267.67M$274.29M$266.70M$271.95M$280.87M$234.97M$285.64M$291.90M$177.23M$183.88M$171.13M$170.40M
High Forecast$325.27M$323.28M$318.54M$311.75M$316.17M$312.38M$305.92M$295.83M$297.28M$296.36M$296.50M$398.26M$286.54M$292.56M$301.32M$362.06M$332.64M$308.44M$273.23M$329.14M$272.24M$277.60M$286.70M$281.97M$291.58M$297.96M$180.91M$220.65M$174.69M$173.94M
Low Forecast$313.81M$311.89M$307.32M$300.76M$305.03M$301.37M$295.14M$292.92M$294.26M$296.27M$296.50M$265.51M$280.71M$282.25M$290.71M$241.37M$221.76M$294.26M$260.66M$219.43M$259.72M$264.83M$273.52M$187.98M$278.17M$284.26M$172.59M$147.10M$166.66M$165.95M
Surprise %-------------0.70%0.85%1.90%1.78%1.50%1.07%1.10%1.22%1.28%1.61%1.55%1.29%2.09%0.72%0.62%1.54%1.59%

7 analysts predict FHN's average Quarter EBITDA for Dec 23 to be $284.11M, with a high of $286.54M and a low of $280.71M. This is 41.35% upper than First Horizon's previous annual EBITDA (Sep 23) of $201.00M.

First Horizon 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
# Analysts444433357334756322223456464474
Net Income-------------$137.00M$74.00M$251.00M$266.00M$265.00M$174.00M$195.00M$229.00M$232.00M$308.00M$233.00M$242.00M$536.00M$53.81M$13.62M$118.37M$111.06M
Avg Forecast$256.88M$250.16M$236.71M$224.60M$234.59M$223.10M$207.18M$198.19M$208.60M$201.10M$160.98M$215.73M$144.04M$128.96M$350.45M$196.11M$183.99M$240.52M$190.43M$178.29M$180.08M$189.87M$215.80M$144.84M$153.80M$280.86M$70.91M$22.81M$225.09M$227.66M
High Forecast$262.71M$255.83M$242.08M$229.70M$239.91M$228.16M$211.88M$214.71M$214.24M$201.42M$161.04M$258.87M$157.98M$131.89M$358.40M$235.34M$220.79M$247.02M$195.57M$213.94M$184.94M$195.00M$221.63M$173.81M$157.96M$288.45M$72.82M$27.38M$231.17M$233.81M
Low Forecast$250.74M$244.17M$231.05M$219.23M$228.98M$217.76M$202.22M$181.68M$202.96M$200.79M$160.92M$172.58M$134.75M$125.88M$342.07M$156.89M$147.19M$232.34M$183.95M$142.63M$173.95M$183.41M$208.46M$115.87M$148.57M$271.31M$68.50M$18.25M$217.43M$219.91M
Surprise %-------------1.06%0.21%1.28%1.45%1.10%0.91%1.09%1.27%1.22%1.43%1.61%1.57%1.91%0.76%0.60%0.53%0.49%

First Horizon's average Quarter net income forecast for Dec 23 is $144.04M, with a range of $134.75M to $157.98M. FHN's average Quarter net income forecast represents a 5.14% increase compared to the company's last Quarter net income of $137.00M (Sep 23).

First Horizon 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
# Analysts444433357334756322223456464474
SG&A-------------$265.00M$-12.00M$271.00M$282.00M$276.00M$265.00M$279.00M$290.00M$296.00M$306.00M$319.00M$319.00M$329.00M$220.74M$213.75M$215.12M$193.65M
Avg Forecast$347.03M$344.91M$339.85M$332.60M$337.32M$333.28M$326.39M$320.04M$321.18M$321.66M$321.86M$308.65M$308.41M$312.13M$321.48M$280.59M$288.55M$296.03M$262.24M$255.09M$261.29M$266.43M$275.17M$197.68M$279.85M$285.97M$173.64M$367.29M$167.66M$166.95M
High Forecast$353.09M$350.93M$345.79M$338.41M$343.21M$339.10M$332.08M$321.13M$322.70M$321.71M$321.86M$370.38M$311.05M$317.58M$327.09M$336.71M$346.26M$302.18M$267.68M$306.10M$266.71M$271.97M$280.88M$237.21M$285.66M$291.92M$177.24M$440.74M$171.14M$170.42M
Low Forecast$340.65M$338.57M$333.60M$326.48M$331.12M$327.15M$320.38M$317.97M$319.42M$321.61M$321.86M$246.92M$304.71M$306.39M$315.57M$224.48M$230.84M$288.29M$255.37M$204.07M$254.45M$259.46M$267.97M$158.14M$272.52M$278.49M$169.09M$293.83M$163.27M$162.58M
Surprise %-------------0.85%-0.04%0.97%0.98%0.93%1.01%1.09%1.11%1.11%1.11%1.61%1.14%1.15%1.27%0.58%1.28%1.16%

First Horizon's average Quarter SG&A projection for Dec 23 is $308.41M, based on 7 Wall Street analysts, with a range of $304.71M to $311.05M. The forecast indicates a 16.38% rise compared to FHN last annual SG&A of $265.00M (Sep 23).

First Horizon 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
# Analysts444433357334756322223456464474
EPS-------------$0.23$0.56$0.45$0.48$0.48$0.31$0.35$0.43$0.41$0.54$0.41$0.42$0.95$0.17$0.04$0.38$0.35
Avg Forecast$0.48$0.47$0.44$0.42$0.44$0.41$0.39$0.37$0.39$0.37$0.30$0.33$0.27$0.24$0.65$0.47$0.52$0.44$0.35$0.32$0.33$0.35$0.39$0.35$0.28$0.51$0.13$0.31$0.41$0.42
High Forecast$0.49$0.48$0.45$0.43$0.45$0.42$0.39$0.40$0.40$0.37$0.30$0.33$0.29$0.25$0.67$0.48$0.53$0.45$0.36$0.33$0.34$0.36$0.41$0.36$0.29$0.53$0.13$0.31$0.42$0.43
Low Forecast$0.47$0.45$0.43$0.41$0.43$0.40$0.38$0.34$0.38$0.37$0.30$0.33$0.25$0.23$0.64$0.46$0.51$0.42$0.34$0.31$0.32$0.34$0.38$0.34$0.27$0.50$0.13$0.30$0.40$0.40
Surprise %-------------0.96%0.86%0.95%0.92%1.09%0.89%1.08%1.31%1.18%1.37%1.17%1.49%1.85%1.31%0.13%0.92%0.84%

According to 7 Wall Street analysts, First Horizon's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.25 and a high estimate of $0.29. This represents a 16.41% increase compared to FHN previous annual EPS of $0.23 (Sep 23).

First Horizon Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WALWestern Alliance Ban$84.75$97.3314.84%Buy
MTBM&T Bank$190.91$211.7010.89%Buy
CFGCitizens Financial Group$43.84$47.839.10%Buy
USBU.S. Bancorp Depositary Shares$48.69$53.089.02%Buy
TFCTruist Financial$43.99$46.866.52%Buy
KEYKeyCorp$17.37$18.154.49%Buy
FITBFifth Third Bancorp$43.04$44.673.79%Buy
CMAComerica$62.42$64.082.66%Buy
HBANHuntington Bancshares$16.46$16.560.61%Buy
ZIONZions Bancorporation, National Association$54.97$54.00-1.76%Hold
FHNFirst Horizon$20.35$19.00-6.63%Buy

FHN Forecast FAQ

Is First Horizon a good buy?

Yes, according to 14 Wall Street analysts, First Horizon (FHN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 85.71% of FHN's total ratings.

What is FHN's price target?

First Horizon (FHN) average price target is $19 with a range of $17 to $20, implying a -6.63% from its last price of $20.35. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will First Horizon stock go up soon?

According to Wall Street analysts' prediction for FHN stock, the company can go down by -6.63% (from the last price of $20.35 to the average price target of $19), down by -1.72% based on the highest stock price target, and down by -16.46% based on the lowest stock price target.

Can First Horizon stock reach $30?

FHN's average twelve months analyst stock price target of $19 does not support the claim that First Horizon can reach $30 in the near future.

What are First Horizon's analysts' financial forecasts?

First Horizon's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.36B (high $3.41B, low $3.31B), average EBITDA is $1.21B (high $1.23B, low $1.19B), average net income is $863.06M (high $894.66M, low $830.64M), average SG&A $1.32B (high $1.34B, low $1.3B), and average EPS is $1.6 (high $1.66, low $1.54). FHN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.48B (high $3.55B, low $3.42B), average EBITDA is $1.26B (high $1.28B, low $1.23B), average net income is $968.35M (high $990.32M, low $945.19M), average SG&A $1.36B (high $1.39B, low $1.34B), and average EPS is $1.8 (high $1.84, low $1.76).

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

Based on First Horizon's last annual report (Dec 2023), the company's revenue was $1.39B, which missed the average analysts forecast of $3.29B by -57.75%. Apple's EBITDA was $1.39B, beating the average prediction of $1.17B by 18.68%. The company's net income was $0, missing the average estimation of $819.57M by -100.00%. Apple's SG&A was $0, missing the average forecast of $1.22B by -100.00%. Lastly, the company's EPS was $1.54, missing the average prediction of $1.63 by -5.57%. In terms of the last quarterly report (Sep 2023), First Horizon's revenue was $779M, missing the average analysts' forecast of $797.23M by -2.29%. The company's EBITDA was $201M, missing the average prediction of $287.54M by -30.10%. First Horizon's net income was $137M, beating the average estimation of $128.96M by 6.23%. The company's SG&A was $265M, missing the average forecast of $312.13M by -15.10%. Lastly, the company's EPS was $0.23, missing the average prediction of $0.24 by -4.05%