First United (FUNC) Stock Forecast, Price Target & Predictions
FUNC Stock Forecast
First United stock forecast is as follows: an average price target of $25.00 (represents a -13.70% downside from FUNC’s last price of $28.97) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
FUNC Price Target
The average price target for First United (FUNC) is $25.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $25.00. This represents a potential -13.70% downside from FUNC's last price of $28.97.
FUNC Analyst Ratings
According to 2 Wall Street analysts, First United's rating consensus is 'Buy'. The analyst rating breakdown for FUNC 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%).
First United Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 07, 2022 | - | Raymond James | $25.00 | $17.90 | 39.66% | -13.70% |
| Apr 26, 2022 | - | Raymond James | $28.00 | $22.77 | 22.97% | -3.35% |
The latest First United stock forecast, released on Jul 07, 2022 by Raymond James company, set a price target of $25.00, which represents a 39.66% increase from the stock price at the time of the forecast ($17.90), and a -13.70% decrease from FUNC last price ($28.97).
First United Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $28.97 | $28.97 | $28.97 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of First United 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 United's last price of $28.97. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 07, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 26, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Downgrade |
First United's last stock rating was published by Raymond James on Jul 07, 2022. The company gave FUNC a "Outperform" rating, the same as its previous rate.
First United Financial Forecast
First United 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 | Sep 10 | Jun 10 | Mar 10 | Sep 09 | Jun 09 | Mar 09 | Sep 08 | Jun 08 | Mar 08 | Dec 07 | Sep 07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $23.20M | $18.84M | $18.74M | $18.91M | $19.67M | $128.00K | - | $28.00K | $19.54M | $18.23M | $17.51M | $12.61M | $14.23M | $13.59M | $16.52M | $15.93M | $17.17M | - | - | - | - | - |
| Avg Forecast | $22.45M | $22.17M | $21.42M | $20.66M | $20.90M | $20.30M | $19.34M | $18.75M | $14.68M | $19.00M | $19.00M | $19.82M | $20.11M | $19.72M | $18.73M | $17.80M | $17.73M | $17.02M | $17.29M | $67.30M | $10.36M | $126.11K | $1.77M | $44.97M | $13.74M | $16.98M | $14.91M | $19.58M | $14.63M | $13.72M |
| High Forecast | $22.45M | $22.17M | $21.42M | $20.66M | $20.90M | $20.30M | $19.34M | $18.75M | $14.68M | $19.00M | $19.00M | $19.82M | $20.11M | $19.72M | $18.73M | $17.80M | $17.73M | $17.02M | $17.29M | $80.76M | $12.43M | $151.33K | $2.12M | $53.96M | $16.49M | $20.38M | $17.89M | $23.50M | $17.55M | $16.46M |
| Low Forecast | $22.45M | $22.17M | $21.42M | $20.66M | $20.90M | $20.30M | $19.34M | $18.75M | $14.68M | $19.00M | $19.00M | $19.82M | $20.11M | $19.72M | $18.73M | $17.80M | $17.73M | $17.02M | $17.29M | $53.84M | $8.29M | $100.89K | $1.41M | $35.98M | $10.99M | $13.58M | $11.93M | $15.66M | $11.70M | $10.97M |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 12 | 12 | 20 | 13 | 14 | 18 | 11 | 19 | 12 | 18 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | 1.58% | 0.99% | 0.99% | 0.95% | 0.98% | 0.01% | - | 0.00% | 1.10% | 1.07% | 1.01% | 0.19% | 1.37% | 107.72% | 9.35% | 0.35% | 1.25% | - | - | - | - | - |
First United's average Quarter revenue forecast for Mar 24 based on 0 analysts is $18.75M, with a low forecast of $18.75M, and a high forecast of $18.75M. FUNC's average Quarter revenue forecast represents a -19.16% decrease compared to the company's last Quarter revenue of $23.20M (Dec 23).
First United 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 | Sep 10 | Jun 10 | Mar 10 | Sep 09 | Jun 09 | Mar 09 | Sep 08 | Jun 08 | Mar 08 | Dec 07 | Sep 07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 12 | 12 | 20 | 13 | 14 | 18 | 11 | 19 | 12 | 18 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | $5.83M | $5.84M | $9.04M | $10.99M | $11.63M | - | $9.38M | $11.95M | $7.91M | $8.51M | $6.33M | $6.91M | $-340.00K | $-667.00K | $10.40M | $12.81M | - | - | - | - | - |
| Avg Forecast | $7.63M | $7.53M | $7.28M | $7.02M | $7.10M | $6.90M | $6.57M | $7.50M | $4.99M | $6.46M | $6.46M | $8.02M | $6.83M | $4.63M | $6.36M | $8.58M | $7.37M | $4.95M | $9.11M | $10.26M | $3.52M | $-6.12M | $-2.86M | $15.60M | $12.81M | $13.99M | $14.08M | $6.65M | $4.97M | $4.66M |
| High Forecast | $7.63M | $7.53M | $7.28M | $7.02M | $7.10M | $6.90M | $6.57M | $9.00M | $4.99M | $6.46M | $6.46M | $9.62M | $6.83M | $5.55M | $6.36M | $10.29M | $8.84M | $5.94M | $10.93M | $12.31M | $4.22M | $-4.90M | $-2.29M | $18.72M | $15.38M | $16.78M | $16.89M | $7.98M | $5.96M | $5.59M |
| Low Forecast | $7.63M | $7.53M | $7.28M | $7.02M | $7.10M | $6.90M | $6.57M | $6.00M | $4.99M | $6.46M | $6.46M | $6.42M | $6.83M | $3.70M | $6.36M | $6.86M | $5.89M | $3.96M | $7.29M | $8.20M | $2.82M | $-7.34M | $-3.44M | $12.48M | $10.25M | $11.19M | $11.26M | $5.32M | $3.98M | $3.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.90% | 0.90% | 1.13% | 1.61% | 2.51% | - | 1.09% | 1.62% | 1.60% | 0.93% | 0.62% | 1.96% | 0.06% | 0.23% | 0.67% | 1.00% | - | - | - | - | - |
1 analysts predict FUNC's average Quarter EBITDA for Dec 23 to be $4.99M, with a high of $4.99M and a low of $4.99M. This is -14.53% lower than First United's previous annual EBITDA (Sep 23) of $5.83M.
First United 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 | Sep 10 | Jun 10 | Mar 10 | Sep 09 | Jun 09 | Mar 09 | Sep 08 | Jun 08 | Mar 08 | Dec 07 | Sep 07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 12 | 12 | 20 | 13 | 14 | 18 | 11 | 19 | 12 | 18 | 7 |
| Net Income | - | - | - | - | - | - | - | - | $1.76M | $4.51M | $4.41M | $4.38M | $6.97M | $6.94M | - | $5.71M | $7.55M | $4.39M | $4.40M | $322.00K | $-916.00K | $-5.11M | $-5.59M | $1.15M | $2.38M | - | - | - | - | - |
| Avg Forecast | $6.14M | $5.95M | $5.56M | $5.23M | $4.12M | $3.86M | $4.31M | $4.55M | $3.99M | $4.12M | $4.71M | $4.87M | $6.21M | $2.57M | $5.86M | $5.21M | $4.72M | $2.75M | $4.71M | $521.64K | $-2.80M | $-92.00M | $-23.99M | $1.72M | $2.38M | $1.86M | $3.32M | $3.65M | $3.41M | $3.14M |
| High Forecast | $6.14M | $5.95M | $5.56M | $5.23M | $4.12M | $3.86M | $4.31M | $5.46M | $3.99M | $4.12M | $4.71M | $5.84M | $6.21M | $3.08M | $5.86M | $6.25M | $5.66M | $3.30M | $5.66M | $625.97K | $-2.24M | $-73.60M | $-19.19M | $2.07M | $2.85M | $2.24M | $3.98M | $4.38M | $4.10M | $3.77M |
| Low Forecast | $6.14M | $5.95M | $5.56M | $5.23M | $4.12M | $3.86M | $4.31M | $3.64M | $3.99M | $4.12M | $4.71M | $3.90M | $6.21M | $2.06M | $5.86M | $4.17M | $3.77M | $2.20M | $3.77M | $417.31K | $-3.36M | $-110.40M | $-28.79M | $1.38M | $1.90M | $1.49M | $2.66M | $2.92M | $2.73M | $2.52M |
| Surprise % | - | - | - | - | - | - | - | - | 0.44% | 1.10% | 0.94% | 0.90% | 1.12% | 2.70% | - | 1.10% | 1.60% | 1.60% | 0.93% | 0.62% | 0.33% | 0.06% | 0.23% | 0.67% | 1.00% | - | - | - | - | - |
First United's average Quarter net income forecast for Mar 24 is $4.55M, with a range of $3.64M to $5.46M. FUNC's average Quarter net income forecast represents a 159.02% increase compared to the company's last Quarter net income of $1.76M (Dec 23).
First United 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 | Sep 10 | Jun 10 | Mar 10 | Sep 09 | Jun 09 | Mar 09 | Sep 08 | Jun 08 | Mar 08 | Dec 07 | Sep 07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 12 | 12 | 20 | 13 | 14 | 18 | 11 | 19 | 12 | 18 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | $7.43M | $7.28M | $7.71M | $6.65M | $6.54M | - | $6.36M | $8.67M | $6.18M | $6.09M | $6.05M | $5.90M | $6.34M | $5.55M | $5.95M | $5.90M | - | - | - | - | - |
| Avg Forecast | $8.00M | $7.90M | $7.63M | $7.36M | $7.44M | $7.23M | $6.89M | $84.45K | $5.23M | $6.77M | $6.77M | $90.33K | $7.16M | $4.26M | $6.67M | $96.61K | $-12.95M | $4.55M | $7.98M | $9.79M | $3.69M | $44.91K | $629.71K | $8.92M | $5.90M | $5.36M | $4.15M | $6.73M | $4.70M | $4.55M |
| High Forecast | $8.00M | $7.90M | $7.63M | $7.36M | $7.44M | $7.23M | $6.89M | $101.35K | $5.23M | $6.77M | $6.77M | $108.39K | $7.16M | $5.11M | $6.67M | $115.93K | $-10.36M | $5.46M | $9.58M | $11.75M | $4.43M | $53.90K | $755.65K | $10.71M | $7.08M | $6.44M | $4.98M | $8.08M | $5.63M | $5.46M |
| Low Forecast | $8.00M | $7.90M | $7.63M | $7.36M | $7.44M | $7.23M | $6.89M | $67.56K | $5.23M | $6.77M | $6.77M | $72.26K | $7.16M | $3.40M | $6.67M | $77.29K | $-15.54M | $3.64M | $6.39M | $7.84M | $2.95M | $35.93K | $503.76K | $7.14M | $4.72M | $4.29M | $3.32M | $5.39M | $3.76M | $3.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.10% | 1.08% | 85.36% | 0.93% | 1.54% | - | 65.85% | -0.67% | 1.36% | 0.76% | 0.62% | 1.60% | 141.27% | 8.82% | 0.67% | 1.00% | - | - | - | - | - |
First United's average Quarter SG&A projection for Dec 23 is $5.23M, based on 1 Wall Street analysts, with a range of $5.23M to $5.23M. The forecast indicates a -29.65% fall compared to FUNC last annual SG&A of $7.43M (Sep 23).
First United 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 | Sep 10 | Jun 10 | Mar 10 | Sep 09 | Jun 09 | Mar 09 | Sep 08 | Jun 08 | Mar 08 | Dec 07 | Sep 07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 12 | 12 | 20 | 13 | 14 | 18 | 11 | 19 | 12 | 18 | 7 |
| EPS | - | - | - | - | - | - | - | - | $0.26 | $0.67 | $0.66 | $0.66 | $1.05 | $1.04 | - | $0.86 | $1.14 | $0.66 | $0.67 | $0.05 | $-0.15 | $-0.83 | $-0.90 | $0.19 | $0.39 | - | - | - | - | - |
| Avg Forecast | $0.94 | $0.91 | $0.85 | $0.80 | $0.63 | $0.59 | $0.66 | $0.56 | $0.61 | $0.63 | $0.72 | $0.87 | $0.95 | $0.96 | $0.88 | $0.79 | $0.80 | $0.65 | $0.71 | $-0.08 | $0.46 | $0.90 | $1.50 | $0.54 | $0.35 | $0.30 | $0.46 | $0.71 | $0.49 | $0.46 |
| High Forecast | $0.94 | $0.91 | $0.85 | $0.80 | $0.63 | $0.59 | $0.66 | $0.56 | $0.61 | $0.63 | $0.72 | $0.87 | $0.95 | $0.96 | $0.88 | $0.79 | $0.80 | $0.65 | $0.71 | $-0.06 | $0.55 | $1.08 | $1.80 | $0.65 | $0.42 | $0.36 | $0.55 | $0.85 | $0.59 | $0.55 |
| Low Forecast | $0.94 | $0.91 | $0.85 | $0.80 | $0.63 | $0.59 | $0.66 | $0.56 | $0.61 | $0.63 | $0.72 | $0.87 | $0.95 | $0.96 | $0.88 | $0.79 | $0.80 | $0.65 | $0.71 | $-0.10 | $0.37 | $0.72 | $1.20 | $0.43 | $0.28 | $0.24 | $0.37 | $0.57 | $0.39 | $0.37 |
| Surprise % | - | - | - | - | - | - | - | - | 0.43% | 1.06% | 0.92% | 0.76% | 1.11% | 1.08% | - | 1.09% | 1.42% | 1.02% | 0.94% | -0.63% | -0.33% | -0.92% | -0.60% | 0.35% | 1.11% | - | - | - | - | - |
According to 0 Wall Street analysts, First United's projected average Quarter EPS for Mar 24 is $0.56, with a low estimate of $0.56 and a high estimate of $0.56. This represents a 115.38% increase compared to FUNC previous annual EPS of $0.26 (Dec 23).
FUNC Forecast FAQ
Is First United a good buy?
Yes, according to 2 Wall Street analysts, First United (FUNC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of FUNC's total ratings.
What is FUNC's price target?
First United (FUNC) average price target is $25 with a range of $25 to $25, implying a -13.70% from its last price of $28.97. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will First United stock go up soon?
According to Wall Street analysts' prediction for FUNC stock, the company can go down by -13.70% (from the last price of $28.97 to the average price target of $25), down by -13.70% based on the highest stock price target, and down by -13.70% based on the lowest stock price target.
Can First United stock reach $40?
FUNC's average twelve months analyst stock price target of $25 does not support the claim that First United can reach $40 in the near future.
What are First United's analysts' financial forecasts?
First United's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $79.3M (high $79.3M, low $79.3M), average EBITDA is $28.07M (high $29.57M, low $26.57M), average net income is $16.84M (high $17.75M, low $15.93M), average SG&A $21.65M (high $21.66M, low $21.63M), and average EPS is $2.44 (high $2.44, low $2.44). FUNC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $86.7M (high $86.7M, low $86.7M), average EBITDA is $29.46M (high $29.46M, low $29.46M), average net income is $22.88M (high $22.88M, low $22.88M), average SG&A $30.88M (high $30.88M, low $30.88M), and average EPS is $3.5 (high $3.5, low $3.5).
Did the FUNC's actual financial results beat the analysts' financial forecasts?
Based on First United's last annual report (Dec 2023), the company's revenue was $95.74M, beating the average analysts forecast of $72.49M by 32.07%. Apple's EBITDA was $14.47M, missing the average prediction of $25.92M by -44.17%. The company's net income was $15.06M, missing the average estimation of $17.68M by -14.83%. Apple's SG&A was $762K, missing the average forecast of $18.85M by -95.96%. Lastly, the company's EPS was $2.25, missing the average prediction of $2.83 by -20.49%. In terms of the last quarterly report (Dec 2023), First United's revenue was $23.2M, beating the average analysts' forecast of $14.68M by 58.06%. The company's EBITDA was $0, missing the average prediction of $4.99M by -100.00%. First United's net income was $1.76M, missing the average estimation of $3.99M by -55.91%. The company's SG&A was $0, missing the average forecast of $5.23M by -100.00%. Lastly, the company's EPS was $0.26, missing the average prediction of $0.61 by -57.38%