Hope Bancorp (HOPE) Stock Forecast, Price Target & Predictions
HOPE Stock Forecast
Hope Bancorp stock forecast is as follows: an average price target of $15.00 (represents a 21.26% upside from HOPE’s last price of $12.37) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
HOPE Price Target
The average price target for Hope Bancorp (HOPE) is $15.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $15.00. This represents a potential 21.26% upside from HOPE's last price of $12.37.
HOPE Analyst Ratings
According to 1 Wall Street analysts, Hope Bancorp's rating consensus is 'Hold'. The analyst rating breakdown for HOPE stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hope Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Gary Tenner | D.A. Davidson | $15.00 | $13.17 | 13.90% | 21.26% |
| Apr 30, 2024 | Gary Tenner | D.A. Davidson | $12.50 | $9.93 | 25.94% | 1.05% |
The latest Hope Bancorp stock forecast, released on Jul 30, 2024 by Gary Tenner from D.A. Davidson, set a price target of $15.00, which represents a 13.90% increase from the stock price at the time of the forecast ($13.17), and a 21.26% increase from HOPE last price ($12.37).
Hope Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $13.75 |
| Last Closing Price | $12.37 | $12.37 | $12.37 |
| Upside/Downside | -100.00% | -100.00% | 11.16% |
In the current month, the average price target of Hope Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hope Bancorp's last price of $12.37. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 25, 2023 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jul 25, 2023 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
Hope Bancorp's last stock rating was published by Keefe, Bruyette & Woods on Oct 25, 2023. The company gave HOPE a "Market Perform" rating, the same as its previous rate.
Hope Bancorp Financial Forecast
Hope Bancorp 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $143.68M | $147.70M | $144.86M | $161.59M | $165.67M | $151.41M | $145.25M | $145.54M | $139.65M | $137.61M | $129.16M | $130.17M | $133.36M | $119.69M | $130.89M | $124.77M | $128.22M |
| Avg Forecast | $156.58M | $154.89M | $152.20M | $149.34M | $153.05M | $149.90M | $145.72M | $139.52M | $119.97M | $121.13M | $121.27M | $130.42M | $138.47M | $138.18M | $141.07M | $152.28M | $170.25M | $161.85M | $150.07M | $144.13M | $141.90M | $139.60M | $137.85M | $137.15M | $135.25M | $129.38M | $127.56M | $123.40M | $127.50M | $129.10M |
| High Forecast | $161.22M | $159.48M | $156.71M | $153.77M | $157.59M | $154.34M | $150.04M | $144.15M | $121.61M | $121.19M | $121.27M | $130.42M | $139.86M | $140.32M | $145.26M | $156.79M | $175.30M | $161.85M | $150.07M | $144.13M | $141.90M | $139.60M | $137.85M | $137.15M | $135.25M | $129.38M | $127.56M | $123.40M | $127.50M | $129.10M |
| Low Forecast | $153.20M | $151.55M | $148.92M | $146.12M | $149.75M | $146.66M | $142.58M | $136.81M | $116.78M | $121.06M | $121.27M | $130.42M | $136.39M | $136.63M | $138.03M | $148.99M | $166.58M | $161.85M | $150.07M | $144.13M | $141.90M | $139.60M | $137.85M | $137.15M | $135.25M | $129.38M | $127.56M | $123.40M | $127.50M | $129.10M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.05% | 0.95% | 0.95% | 1.02% | 1.01% | 1.01% | 1.03% | 1.00% | 1.00% | 0.94% | 0.96% | 1.03% | 0.94% | 1.06% | 0.98% | 0.99% |
Hope Bancorp's average Quarter revenue forecast for Dec 23 based on 3 analysts is $138.47M, with a low forecast of $136.39M, and a high forecast of $139.86M. HOPE's average Quarter revenue forecast represents a -3.62% decrease compared to the company's last Quarter revenue of $143.68M (Sep 23).
Hope Bancorp 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $40.01M | $51.47M | $157.32M | $143.63M | $109.42M | $98.62M | $93.69M | $108.53M | $87.98M | $85.16M | $73.37M | $54.58M | $67.33M | $71.77M | $79.99M | $107.32M | $113.32M |
| Avg Forecast | $98.64K | $97.58K | $95.88K | $94.08K | $96.42K | $94.43K | $91.80K | $87.90K | $75.58K | $76.31K | $76.40K | $107.63M | $87.24K | $87.05K | $88.88K | $85.09M | $113.56M | $61.99M | $57.48M | $67.26M | $54.35M | $53.47M | $52.80M | $63.90M | $51.80M | $49.55M | $48.86M | $89.99M | $48.83M | $49.44M |
| High Forecast | $101.57K | $100.47K | $98.73K | $96.87K | $99.28K | $97.23K | $94.52K | $90.81K | $76.61K | $76.35K | $76.40K | $129.16M | $88.11K | $88.40K | $91.51K | $102.10M | $136.27M | $61.99M | $57.48M | $80.71M | $54.35M | $53.47M | $52.80M | $76.68M | $51.80M | $49.55M | $48.86M | $107.99M | $48.83M | $49.44M |
| Low Forecast | $96.52K | $95.47K | $93.82K | $92.05K | $94.34K | $92.40K | $89.82K | $86.19K | $73.57K | $76.27K | $76.40K | $86.11M | $85.92K | $86.07K | $86.96K | $68.07M | $90.85M | $61.99M | $57.48M | $53.81M | $54.35M | $53.47M | $52.80M | $51.12M | $51.80M | $49.55M | $48.86M | $71.99M | $48.83M | $49.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 459.63% | 579.13% | 1.85% | 1.26% | 1.77% | 1.72% | 1.39% | 2.00% | 1.65% | 1.61% | 1.15% | 1.05% | 1.36% | 1.47% | 0.89% | 2.20% | 2.29% |
3 analysts predict HOPE's average Quarter EBITDA for Dec 23 to be $87.24K, with a high of $88.11K and a low of $85.92K. This is -99.78% lower than Hope Bancorp's previous annual EBITDA (Sep 23) of $40.01M.
Hope Bancorp 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.05M | $38.02M | $39.12M | $51.70M | $53.75M | $52.09M | $60.74M | $51.62M | $55.50M | $53.76M | $43.69M | $28.32M | $30.49M | $26.75M | $25.95M | $43.01M | $42.59M |
| Avg Forecast | $44.10M | $42.42M | $40.90M | $38.87M | $40.55M | $36.64M | $33.99M | $25.68M | $17.14M | $26.17M | $26.66M | $69.78M | $30.29M | $29.56M | $36.35M | $55.16M | $54.02M | $53.70M | $49.34M | $43.61M | $49.10M | $50.55M | $46.20M | $38.05M | $29.75M | $23.38M | $22.17M | $29.20M | $38.10M | $39.05M |
| High Forecast | $45.80M | $44.06M | $42.47M | $40.37M | $42.12M | $38.06M | $35.30M | $29.63M | $20.75M | $26.29M | $27.68M | $83.74M | $36.78M | $32.97M | $37.75M | $66.20M | $64.82M | $53.70M | $49.34M | $52.33M | $49.10M | $50.55M | $46.20M | $45.66M | $29.75M | $23.38M | $22.17M | $35.04M | $38.10M | $39.05M |
| Low Forecast | $42.86M | $41.23M | $39.75M | $37.78M | $39.42M | $35.62M | $33.04M | $22.71M | $13.53M | $26.05M | $25.91M | $55.82M | $23.80M | $22.74M | $35.33M | $44.13M | $43.21M | $53.70M | $49.34M | $34.89M | $49.10M | $50.55M | $46.20M | $30.44M | $29.75M | $23.38M | $22.17M | $23.36M | $38.10M | $39.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.05% | 0.71% | 0.96% | 1.00% | 1.06% | 1.39% | 1.05% | 1.10% | 1.16% | 1.15% | 0.95% | 1.30% | 1.21% | 0.89% | 1.13% | 1.09% |
Hope Bancorp's average Quarter net income forecast for Dec 23 is $30.29M, with a range of $23.80M to $36.78M. HOPE's average Quarter net income forecast represents a 0.80% increase compared to the company's last Quarter net income of $30.05M (Sep 23).
Hope Bancorp 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.72M | $57.00M | $58.95M | $56.16M | $59.06M | $57.63M | $53.41M | $51.09M | $53.27M | $48.10M | $46.83M | $46.01M | $45.63M | $44.09M | $48.37M | $45.49M | $46.80M |
| Avg Forecast | $57.15M | $56.53M | $55.55M | $54.51M | $55.86M | $54.71M | $53.19M | $50.93M | $43.79M | $44.21M | $44.26M | $61.36M | $50.54M | $50.43M | $51.49M | $48.51M | $53.46M | $52.98M | $49.13M | $38.35M | $46.45M | $45.70M | $45.13M | $40.79M | $44.27M | $42.35M | $41.76M | $54.41M | $41.74M | $42.26M |
| High Forecast | $58.85M | $58.21M | $57.20M | $56.13M | $57.52M | $56.34M | $54.77M | $52.62M | $44.39M | $44.23M | $44.26M | $73.64M | $51.05M | $51.22M | $53.02M | $58.21M | $64.15M | $52.98M | $49.13M | $46.02M | $46.45M | $45.70M | $45.13M | $48.95M | $44.27M | $42.35M | $41.76M | $65.29M | $41.74M | $42.26M |
| Low Forecast | $55.92M | $55.32M | $54.36M | $53.33M | $54.66M | $53.53M | $52.04M | $49.94M | $42.63M | $44.19M | $44.26M | $49.09M | $49.78M | $49.87M | $50.38M | $38.81M | $42.77M | $52.98M | $49.13M | $30.68M | $46.45M | $45.70M | $45.13M | $32.63M | $44.27M | $42.35M | $41.76M | $43.53M | $41.74M | $42.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.11% | 1.22% | 1.05% | 1.11% | 1.17% | 1.39% | 1.10% | 1.17% | 1.07% | 1.15% | 1.04% | 1.08% | 1.06% | 0.89% | 1.09% | 1.11% |
Hope Bancorp's average Quarter SG&A projection for Dec 23 is $50.54M, based on 3 Wall Street analysts, with a range of $49.78M to $51.05M. The forecast indicates a -7.62% fall compared to HOPE last annual SG&A of $54.72M (Sep 23).
Hope Bancorp 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.25 | $0.32 | $0.33 | $0.43 | $0.45 | $0.43 | $0.51 | $0.43 | $0.45 | $0.44 | $0.35 | $0.23 | $0.25 | $0.22 | $0.21 | $0.34 | $0.34 |
| Avg Forecast | $0.36 | $0.35 | $0.34 | $0.32 | $0.33 | $0.30 | $0.28 | $0.21 | $0.14 | $0.22 | $0.22 | $0.26 | $0.25 | $0.24 | $0.30 | $0.37 | $0.45 | $0.44 | $0.41 | $0.39 | $0.41 | $0.42 | $0.38 | $0.31 | $0.25 | $0.19 | $0.18 | $0.23 | $0.32 | $0.32 |
| High Forecast | $0.38 | $0.36 | $0.35 | $0.33 | $0.35 | $0.31 | $0.29 | $0.24 | $0.17 | $0.22 | $0.23 | $0.26 | $0.30 | $0.27 | $0.31 | $0.38 | $0.47 | $0.44 | $0.41 | $0.39 | $0.41 | $0.42 | $0.38 | $0.31 | $0.25 | $0.19 | $0.18 | $0.23 | $0.32 | $0.32 |
| Low Forecast | $0.35 | $0.34 | $0.33 | $0.31 | $0.33 | $0.29 | $0.27 | $0.19 | $0.11 | $0.21 | $0.21 | $0.26 | $0.20 | $0.19 | $0.29 | $0.36 | $0.44 | $0.44 | $0.41 | $0.39 | $0.41 | $0.42 | $0.38 | $0.31 | $0.25 | $0.19 | $0.18 | $0.23 | $0.32 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.07% | 0.89% | 0.95% | 1.01% | 1.05% | 1.29% | 1.06% | 1.08% | 1.15% | 1.13% | 0.93% | 1.29% | 1.20% | 0.89% | 1.08% | 1.05% |
According to 3 Wall Street analysts, Hope Bancorp's projected average Quarter EPS for Dec 23 is $0.25, with a low estimate of $0.20 and a high estimate of $0.30. This represents a 0.00% decrease compared to HOPE previous annual EPS of $0.25 (Sep 23).
Hope Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HOPE | Hope Bancorp | $12.95 | $15.00 | 15.83% | Hold |
| FFNW | First Financial Northwest | $21.85 | $23.50 | 7.55% | Hold |
| FNWB | First Northwest Bancorp | $10.36 | $11.00 | 6.18% | Hold |
| HFWA | Heritage Financial | $25.67 | $26.00 | 1.29% | Hold |
| PCB | PCB Bancorp | $21.42 | $21.00 | -1.96% | Hold |
| OPBK | OP Bancorp | $16.90 | $16.50 | -2.37% | |
| RBB | RBB Bancorp | $22.86 | $22.25 | -2.67% | Hold |
| HAFC | Hanmi Financial | $25.44 | $21.17 | -16.78% | Buy |
| BSRR | Sierra Bancorp | $30.73 | $25.33 | -17.57% | Hold |
| NBN | Northeast Bank | $97.22 | $80.00 | -17.71% | Buy |
| FISI | Financial Institutions | $28.45 | $19.50 | -31.46% | Hold |