First Horizon (FHN) Stock Forecast, Price Target & Predictions
FHN Stock Forecast
First Horizon stock forecast is as follows: an average price target of $18.61 (represents a 17.71% upside from FHN’s last price of $15.81) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
FHN Price Target
The average price target for First Horizon (FHN) is $18.61 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $16.00. This represents a potential 17.71% upside from FHN's last price of $15.81.
FHN Analyst Ratings
According to 12 Wall Street analysts, First Horizon's rating consensus is 'Buy'. The analyst rating breakdown for FHN stock is 0 'Strong Buy' (0.00%), 11 'Buy' (91.67%), 1 'Hold' (8.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
First Horizon Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 24, 2024 | Jared Shaw | Barclays | $19.00 | $14.67 | 29.52% | 20.18% |
| May 22, 2024 | Russell Gunther | Stephens | $19.00 | $16.00 | 18.75% | 20.18% |
| Apr 18, 2024 | Brennan Crowley | Robert W. Baird | $16.00 | $14.17 | 12.91% | 1.20% |
| Apr 18, 2024 | Benjamin Gerlinger | National Bank | $18.50 | $14.17 | 30.56% | 17.01% |
| Apr 09, 2024 | Jon Arfstrom | RBC Capital | $18.00 | $15.15 | 18.81% | 13.85% |
| Apr 04, 2024 | Brady Gailey | National Bank | $18.00 | $14.73 | 22.20% | 13.85% |
| Jan 24, 2024 | Brody Preston | UBS | $16.00 | $15.12 | 5.82% | 1.20% |
| Jan 24, 2022 | Steven Alexopoulos | J.P. Morgan | $20.00 | $17.26 | 15.87% | 26.50% |
| Dec 06, 2021 | Ken Zerbe | Morgan Stanley | $21.00 | $16.35 | 28.44% | 32.83% |
| Sep 03, 2021 | Jennifer Demba | Truist Financial | $20.00 | $15.48 | 29.20% | 26.50% |
The latest First Horizon stock forecast, released on Jun 24, 2024 by Jared Shaw from Barclays, set a price target of $19.00, which represents a 29.52% increase from the stock price at the time of the forecast ($14.67), and a 20.18% increase from FHN last price ($15.81).
First Horizon Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 7 |
| Avg Price Target | - | $19.00 | $17.79 |
| Last Closing Price | $15.81 | $15.81 | $15.81 |
| Upside/Downside | -100.00% | 20.18% | 12.52% |
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 $15.81. 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 |
|---|---|---|---|---|
| Aug 06, 2024 | Stephens | Buy | Buy | Hold |
| Jul 03, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jul 03, 2024 | Wedbush | Underperform | Underperform | Hold |
| Jul 03, 2024 | Jefferies | Buy | Buy | Hold |
| Jun 24, 2024 | Barclays | Overweight | Overweight | Hold |
| Jun 11, 2024 | KBW | Overweight | Overweight | Hold |
| Jun 11, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| May 23, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 23, 2024 | Wedbush | Underperform | Underperform | Hold |
| May 22, 2024 | Stephens | - | Overweight | Initialise |
First Horizon's last stock rating was published by Stephens on Aug 06, 2024. The company gave FHN a "Buy" rating, the same as its previous rate.
First Horizon Financial Forecast
First Horizon 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $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 | $2.50B | $2.33B | $2.18B | $2.04B | $859.04M | $855.00M | $841.06M | $826.70M | $826.40M | $821.82M | $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 | $2.53B | $2.37B | $2.21B | $2.07B | $871.45M | $867.36M | $853.22M | $838.65M | $838.34M | $827.87M | $833.95M | $821.21M | $794.46M | $808.75M | $832.98M | $891.92M | $885.35M | $839.62M | $741.17M | $714.23M | $738.48M | $753.02M | $777.71M | $770.64M | $790.94M | $808.26M | $490.75M | $483.57M | $473.87M | $471.85M |
| Low Forecast | $2.47B | $2.31B | $2.16B | $2.02B | $850.39M | $846.40M | $832.60M | $818.38M | $818.08M | $818.79M | $813.80M | $801.36M | $778.29M | $789.20M | $812.85M | $870.36M | $863.95M | $819.33M | $728.13M | $701.67M | $725.50M | $739.78M | $764.04M | $757.09M | $777.03M | $794.05M | $482.12M | $475.06M | $465.53M | $463.55M |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $911.80M | $852.18M | $796.45M | $744.37M | $313.62M | $312.15M | $307.06M | $301.81M | $301.70M | $300.03M | $300.12M | $331.89M | $287.59M | $291.05M | $299.77M | $301.71M | $318.62M | $313.37M | $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 | $924.98M | $864.50M | $807.96M | $755.13M | $318.15M | $316.66M | $311.50M | $306.17M | $306.06M | $302.24M | $304.46M | $398.26M | $290.04M | $295.26M | $304.11M | $362.06M | $323.22M | $376.04M | $270.59M | $329.14M | $269.61M | $274.92M | $283.93M | $281.97M | $288.76M | $295.08M | $179.16M | $220.65M | $173.00M | $172.26M |
| Low Forecast | $902.63M | $843.60M | $788.44M | $736.88M | $310.46M | $309.00M | $303.97M | $298.77M | $298.67M | $298.93M | $297.10M | $265.51M | $284.14M | $288.12M | $296.76M | $241.37M | $315.41M | $250.69M | $265.83M | $219.43M | $264.87M | $270.08M | $278.94M | $187.98M | $283.68M | $289.89M | $176.01M | $147.10M | $169.96M | $169.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.84% | 1.90% | 1.55% | 1.45% | 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 $287.59M, with a high of $290.04M and a low of $284.14M. This is 43.08% upper than First Horizon's previous annual EBITDA (Sep 23) of $201.00M.
First Horizon 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $262.60M | $257.13M | $240.72M | $235.25M | $228.39M | $221.86M | $208.74M | $197.76M | $207.34M | $204.86M | $163.71M | $215.73M | $146.48M | $131.15M | $356.39M | $196.11M | $284.49M | $199.18M | $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 | $267.54M | $261.96M | $245.25M | $239.67M | $232.68M | $226.03M | $212.66M | $201.48M | $211.24M | $208.72M | $166.78M | $258.87M | $160.66M | $133.61M | $363.09M | $235.34M | $289.83M | $239.02M | $193.13M | $213.94M | $182.64M | $192.57M | $218.86M | $173.81M | $155.99M | $284.84M | $71.92M | $27.38M | $228.28M | $230.88M |
| Low Forecast | $259.17M | $253.77M | $237.57M | $232.17M | $225.40M | $218.96M | $206.01M | $195.18M | $204.63M | $194.08M | $161.57M | $172.58M | $137.04M | $129.43M | $351.73M | $156.89M | $280.77M | $159.34M | $188.73M | $142.63M | $178.47M | $188.18M | $213.88M | $115.87M | $152.43M | $278.36M | $70.27M | $18.25M | $223.08M | $225.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.21% | 1.28% | 0.94% | 1.33% | 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 $146.48M, with a range of $137.04M to $160.66M. FHN's average Quarter net income forecast represents a 6.92% increase compared to the company's last Quarter net income of $137.00M (Sep 23).
First Horizon 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $893.30M | $834.89M | $780.29M | $729.27M | $307.26M | $305.81M | $300.83M | $295.69M | $295.58M | $293.94M | $294.03M | $308.65M | $281.75M | $285.15M | $293.69M | $280.59M | $312.15M | $279.88M | $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 | $906.21M | $846.96M | $791.57M | $739.81M | $311.70M | $310.23M | $305.17M | $299.96M | $299.85M | $296.11M | $298.28M | $370.38M | $284.16M | $289.27M | $297.94M | $336.71M | $316.67M | $335.86M | $265.10M | $306.10M | $264.14M | $269.34M | $278.17M | $237.21M | $282.90M | $289.09M | $175.53M | $440.74M | $169.49M | $168.77M |
| Low Forecast | $884.31M | $826.48M | $772.44M | $721.93M | $304.16M | $302.73M | $297.80M | $292.71M | $292.61M | $292.86M | $291.07M | $246.92M | $278.37M | $282.28M | $290.73M | $224.48M | $309.01M | $223.91M | $260.44M | $204.07M | $259.49M | $264.60M | $273.28M | $158.14M | $277.92M | $284.01M | $172.44M | $293.83M | $166.51M | $165.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | -0.04% | 0.97% | 0.90% | 0.99% | 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 $281.75M, based on 7 Wall Street analysts, with a range of $278.37M to $284.16M. The forecast indicates a 6.32% rise compared to FHN last annual SG&A of $265.00M (Sep 23).
First Horizon 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 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| 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 | $0.43 | $0.42 | $0.41 | $0.38 | $0.36 | $0.38 | $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 | $0.44 | $0.43 | $0.41 | $0.39 | $0.37 | $0.39 | $0.38 | $0.30 | $0.33 | $0.29 | $0.24 | $0.66 | $0.48 | $0.53 | $0.45 | $0.35 | $0.33 | $0.33 | $0.35 | $0.40 | $0.35 | $0.29 | $0.52 | $0.13 | $0.31 | $0.42 | $0.42 |
| Low Forecast | $0.47 | $0.46 | $0.43 | $0.42 | $0.41 | $0.40 | $0.38 | $0.36 | $0.37 | $0.35 | $0.30 | $0.32 | $0.25 | $0.24 | $0.64 | $0.47 | $0.51 | $0.43 | $0.34 | $0.32 | $0.33 | $0.34 | $0.39 | $0.35 | $0.28 | $0.51 | $0.13 | $0.30 | $0.41 | $0.41 |
| 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
| TFC | Truist Financial | $41.84 | $54.07 | 29.23% | Buy |
| CMA | Comerica | $57.49 | $73.42 | 27.71% | Buy |
| ZION | Zions Bancorporation, National Association | $46.49 | $58.00 | 24.76% | Hold |
| USB | U.S. Bancorp | $44.62 | $54.98 | 23.22% | Buy |
| KEY | KeyCorp | $16.09 | $19.63 | 22.00% | Buy |
| CFG | Citizens Financial Group | $40.09 | $48.33 | 20.55% | Buy |
| FHN | First Horizon | $15.81 | $18.61 | 17.71% | Buy |
| HBAN | Huntington Bancshares | $14.38 | $16.04 | 11.54% | Buy |
| MTB | M&T Bank | $168.88 | $184.69 | 9.36% | Buy |
| WAL | Western Alliance Ban | $81.91 | $86.75 | 5.91% | Buy |
| FITB | Fifth Third Bancorp | $42.07 | $38.67 | -8.08% | Buy |
FHN Forecast FAQ
Is First Horizon a good buy?
Yes, according to 12 Wall Street analysts, First Horizon (FHN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 91.67% of FHN's total ratings.
What is FHN's price target?
First Horizon (FHN) average price target is $18.61 with a range of $16 to $21, implying a 17.71% from its last price of $15.81. The data is based on 12 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 up by 17.71% (from the last price of $15.81 to the average price target of $18.61), up by 32.83% based on the highest stock price target, and up by 1.20% based on the lowest stock price target.
Can First Horizon stock reach $20?
FHN's highest twelve months analyst stock price target of $21 supports the claim that First Horizon can reach $20 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 $3.38B (high $3.43B, low $3.35B), average EBITDA is $1.23B (high $1.25B, low $1.22B), average net income is $856.75M (high $872.85M, low $845.54M), average SG&A $1.21B (high $1.23B, low $1.2B), and average EPS is $1.57 (high $1.6, low $1.55). FHN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.05B (high $9.18B, low $8.96B), average EBITDA is $3.3B (high $3.35B, low $3.27B), average net income is $995.71M (high $1.01B, low $982.68M), average SG&A $3.24B (high $3.28B, low $3.21B), and average EPS is $1.82 (high $1.85, low $1.8).
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 $1.18B by 17.61%. The company's net income was $0, missing the average estimation of $830.14M by -100.00%. Apple's SG&A was $0, missing the average forecast of $1.14B 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 $291.05M by -30.94%. First Horizon's net income was $137M, beating the average estimation of $131.15M by 4.46%. The company's SG&A was $265M, missing the average forecast of $285.15M by -7.07%. Lastly, the company's EPS was $0.23, missing the average prediction of $0.24 by -4.05%