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 20.77% upside from HOPE’s last price of $12.42) 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 20.77% upside from HOPE's last price of $12.42.
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% | 20.77% |
| Apr 30, 2024 | Gary Tenner | D.A. Davidson | $12.50 | $9.93 | 25.94% | 0.64% |
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 20.77% increase from HOPE last price ($12.42).
Hope Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $15.00 | $13.75 |
| Last Closing Price | $12.42 | $12.42 | $12.42 |
| Upside/Downside | -100.00% | 20.77% | 10.71% |
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 $12.42. 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 |
|---|---|---|---|---|
| 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 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 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $143.68M | $147.70M | $144.86M | $161.59M | $165.67M | - | $145.25M | $145.54M | $139.65M | $137.61M | $129.16M | $130.17M | $133.36M | $119.69M | $130.89M | $124.77M | $128.22M | $127.96M | $130.35M | $133.00M | $135.94M |
| Avg Forecast | $159.78M | $157.43M | $153.51M | $148.68M | $125.09M | $121.25M | $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 | $131.95M | $131.90M | $129.20M | $136.50M |
| High Forecast | $163.53M | $161.13M | $157.12M | $152.17M | $128.03M | $123.57M | $124.12M | $133.49M | $139.86M | $140.32M | $144.39M | $155.85M | $174.25M | $165.65M | $150.07M | $146.23M | $143.97M | $141.64M | $139.86M | $139.15M | $137.22M | $131.27M | $129.42M | $125.20M | $129.36M | $130.98M | $133.87M | $133.83M | $155.04M | $163.80M |
| Low Forecast | $157.06M | $154.75M | $150.91M | $146.15M | $122.97M | $118.59M | $119.21M | $128.20M | $136.39M | $136.63M | $138.68M | $149.69M | $167.36M | $159.10M | $150.07M | $141.83M | $139.64M | $137.38M | $135.66M | $134.97M | $133.10M | $127.32M | $125.53M | $121.44M | $125.47M | $127.04M | $129.85M | $129.80M | $103.36M | $109.20M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 12 | 13 | 16 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.04% | 1.05% | 0.95% | 0.95% | 1.02% | - | 1.01% | 1.03% | 1.00% | 1.00% | 0.94% | 0.96% | 1.03% | 0.94% | 1.06% | 0.98% | 0.99% | 0.97% | 0.99% | 1.03% | 1.00% |
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 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 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 12 | 13 | 16 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | $40.01M | $51.47M | $157.32M | $143.63M | $109.42M | - | $93.69M | $108.53M | $87.98M | $85.16M | $73.37M | $54.58M | $67.33M | $71.77M | $79.99M | $107.32M | $113.32M | $113.18M | $110.72M | $110.65M | $106.52M |
| Avg Forecast | $61.20M | $60.29M | $58.80M | $56.94M | $47.91M | $46.44M | $46.45M | $107.63M | $53.04M | $52.92M | $54.03M | $85.09M | $65.21M | $92.17M | $57.48M | $67.26M | $103.24M | $83.79M | $73.95M | $63.90M | $58.95M | $46.07M | $55.82M | $89.99M | $100.62M | $109.88M | $113.18M | $110.72M | $107.49M | $106.52M |
| High Forecast | $62.63M | $61.71M | $60.18M | $58.28M | $49.04M | $47.33M | $47.54M | $129.16M | $53.57M | $53.74M | $55.30M | $102.10M | $66.74M | $110.60M | $57.48M | $80.71M | $123.88M | $100.55M | $88.74M | $76.68M | $70.74M | $55.28M | $66.99M | $107.99M | $120.74M | $131.86M | $135.82M | $132.86M | $128.99M | $127.82M |
| Low Forecast | $60.16M | $59.27M | $57.80M | $55.98M | $47.10M | $45.42M | $45.66M | $86.11M | $52.24M | $52.33M | $53.11M | $68.07M | $64.10M | $73.74M | $57.48M | $53.81M | $82.59M | $67.03M | $59.16M | $51.12M | $47.16M | $36.85M | $44.66M | $71.99M | $80.49M | $87.91M | $90.55M | $88.58M | $85.99M | $85.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.76% | 0.95% | 1.85% | 2.20% | 1.19% | - | 1.39% | 1.05% | 1.05% | 1.15% | 1.15% | 0.93% | 1.46% | 1.29% | 0.89% | 1.07% | 1.03% | 1.00% | 1.00% | 1.03% | 1.00% |
3 analysts predict HOPE's average Quarter EBITDA for Dec 23 to be $53.04M, with a high of $53.57M and a low of $52.24M. This is 32.56% upper than Hope Bancorp's previous annual EBITDA (Sep 23) of $40.01M.
Hope Bancorp 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 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 12 | 13 | 16 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | $30.05M | $38.02M | $39.12M | $51.70M | $53.75M | - | $60.74M | $51.62M | $55.50M | $53.76M | $43.69M | $28.32M | $30.49M | $26.75M | $25.95M | $43.01M | $42.59M | $42.68M | $42.76M | $44.45M | $46.38M |
| Avg Forecast | $43.52M | $40.15M | $37.52M | $30.32M | $19.22M | $25.90M | $26.61M | $69.78M | $30.23M | $29.51M | $36.28M | $55.16M | $54.66M | $58.14M | $49.38M | $43.61M | $49.10M | $52.86M | $46.69M | $38.05M | $30.58M | $20.86M | $20.81M | $29.20M | $40.32M | $41.30M | $42.68M | $42.76M | $43.18M | $46.38M |
| High Forecast | $44.85M | $41.38M | $38.66M | $31.24M | $19.81M | $28.26M | $27.42M | $83.74M | $36.71M | $32.91M | $37.39M | $66.20M | $56.33M | $69.77M | $49.38M | $52.33M | $58.93M | $63.43M | $56.03M | $45.66M | $36.70M | $25.03M | $24.97M | $35.04M | $48.39M | $49.56M | $51.22M | $51.31M | $51.81M | $55.65M |
| Low Forecast | $42.55M | $39.27M | $36.69M | $29.65M | $18.80M | $23.55M | $26.02M | $55.82M | $23.76M | $22.70M | $35.48M | $44.13M | $53.46M | $46.51M | $49.38M | $34.89M | $39.28M | $42.28M | $37.35M | $30.44M | $24.47M | $16.69M | $16.65M | $23.36M | $32.26M | $33.04M | $34.14M | $34.21M | $34.54M | $37.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.05% | 0.71% | 0.95% | 0.92% | - | 1.39% | 1.05% | 1.05% | 1.15% | 1.15% | 0.93% | 1.46% | 1.29% | 0.89% | 1.07% | 1.03% | 1.00% | 1.00% | 1.03% | 1.00% |
Hope Bancorp's average Quarter net income forecast for Dec 23 is $30.23M, with a range of $23.76M to $36.71M. HOPE's average Quarter net income forecast represents a 0.62% increase compared to the company's last Quarter net income of $30.05M (Sep 23).
Hope Bancorp 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 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 12 | 13 | 16 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | $54.72M | $57.00M | $58.95M | $56.16M | $59.06M | - | $53.41M | $51.09M | $53.27M | $48.10M | $46.83M | $46.01M | $45.63M | $44.09M | $48.37M | $45.49M | $46.80M | $45.69M | $47.00M | $44.04M | $44.26M |
| Avg Forecast | $52.30M | $51.53M | $50.25M | $48.67M | $40.95M | $39.69M | $39.70M | $61.36M | $45.33M | $45.23M | $46.18M | $48.51M | $55.73M | $55.81M | $49.13M | $38.35M | $48.60M | $50.74M | $41.77M | $40.79M | $49.69M | $31.22M | $34.29M | $54.41M | $42.65M | $45.39M | $45.69M | $47.00M | $42.78M | $44.26M |
| High Forecast | $53.53M | $52.74M | $51.43M | $49.81M | $41.91M | $40.45M | $40.63M | $73.64M | $45.78M | $45.93M | $47.27M | $58.21M | $57.04M | $66.97M | $49.13M | $46.02M | $58.32M | $60.88M | $50.13M | $48.95M | $59.63M | $37.47M | $41.15M | $65.29M | $51.18M | $54.46M | $54.83M | $56.40M | $51.34M | $53.11M |
| Low Forecast | $51.42M | $50.66M | $49.40M | $47.84M | $40.25M | $38.82M | $39.02M | $49.09M | $44.65M | $44.72M | $45.40M | $38.81M | $54.78M | $44.65M | $49.13M | $30.68M | $38.88M | $40.59M | $33.42M | $32.63M | $39.75M | $24.98M | $27.43M | $43.53M | $34.12M | $36.31M | $36.55M | $37.60M | $34.23M | $35.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.21% | 1.23% | 1.22% | 1.01% | 1.06% | - | 1.39% | 1.05% | 1.05% | 1.15% | 1.15% | 0.93% | 1.46% | 1.29% | 0.89% | 1.07% | 1.03% | 1.00% | 1.00% | 1.03% | 1.00% |
Hope Bancorp's average Quarter SG&A projection for Dec 23 is $45.33M, based on 3 Wall Street analysts, with a range of $44.65M to $45.78M. The forecast indicates a -17.15% fall compared to HOPE last annual SG&A of $54.72M (Sep 23).
Hope Bancorp 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 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 12 | 13 | 16 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | $0.25 | $0.32 | $0.33 | $0.43 | $0.45 | - | $0.51 | $0.43 | $0.45 | $0.44 | $0.35 | $0.23 | $0.25 | $0.22 | $0.21 | $0.34 | $0.34 | $0.34 | $0.34 | $0.35 | $0.36 |
| Avg Forecast | $0.36 | $0.33 | $0.31 | $0.25 | $0.16 | $0.21 | $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 | $0.34 | $0.34 | $0.34 | $0.36 |
| High Forecast | $0.37 | $0.34 | $0.32 | $0.26 | $0.16 | $0.23 | $0.23 | $0.27 | $0.30 | $0.27 | $0.31 | $0.38 | $0.47 | $0.46 | $0.41 | $0.40 | $0.41 | $0.43 | $0.39 | $0.32 | $0.25 | $0.20 | $0.19 | $0.24 | $0.32 | $0.33 | $0.35 | $0.35 | $0.41 | $0.43 |
| Low Forecast | $0.35 | $0.32 | $0.30 | $0.25 | $0.16 | $0.19 | $0.22 | $0.26 | $0.20 | $0.19 | $0.29 | $0.36 | $0.44 | $0.43 | $0.41 | $0.39 | $0.40 | $0.41 | $0.37 | $0.30 | $0.24 | $0.19 | $0.18 | $0.23 | $0.31 | $0.32 | $0.33 | $0.33 | $0.27 | $0.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.07% | 0.89% | 0.95% | 1.01% | - | 1.29% | 1.06% | 1.08% | 1.15% | 1.13% | 0.93% | 1.29% | 1.20% | 0.89% | 1.08% | 1.05% | 1.00% | 1.00% | 1.03% | 1.00% |
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 | $12.42 | $15.00 | 20.77% | Hold |
| NBN | Northeast Bank | $69.53 | $80.00 | 15.06% | Buy |
| FNWB | First Northwest Bancorp | $10.82 | $11.50 | 6.28% | Hold |
| FFNW | First Financial Northwest | $22.68 | $23.50 | 3.62% | Hold |
| HAFC | Hanmi Financial | $18.93 | $19.00 | 0.37% | Hold |
| RBB | RBB Bancorp | $22.90 | $22.25 | -2.84% | Hold |
| PCB | PCB Bancorp | $18.69 | $17.00 | -9.04% | Hold |
| BSRR | Sierra Bancorp | $29.22 | $25.33 | -13.31% | Hold |
| FISI | Financial Institutions | $25.57 | $19.50 | -23.74% | Hold |
HOPE Forecast FAQ
Is Hope Bancorp a good buy?
No, according to 1 Wall Street analysts, Hope Bancorp (HOPE) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of HOPE's total ratings.
What is HOPE's price target?
Hope Bancorp (HOPE) average price target is $15 with a range of $15 to $15, implying a 20.77% from its last price of $12.42. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Hope Bancorp stock go up soon?
According to Wall Street analysts' prediction for HOPE stock, the company can go up by 20.77% (from the last price of $12.42 to the average price target of $15), up by 20.77% based on the highest stock price target, and up by 20.77% based on the lowest stock price target.
Can Hope Bancorp stock reach $20?
HOPE's average twelve months analyst stock price target of $15 does not support the claim that Hope Bancorp can reach $20 in the near future.
What are Hope Bancorp's analysts' financial forecasts?
Hope Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $498.03M (high $509.21M, low $488.97M), average EBITDA is $248.43M (high $273.06M, low $224.28M), average net income is $141.51M (high $159.22M, low $124.19M), average SG&A $181.7M (high $196.63M, low $167.19M), and average EPS is $0.855 (high $0.894, low $0.821). HOPE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $619.4M (high $633.96M, low $608.87M), average EBITDA is $237.23M (high $242.81M, low $233.2M), average net income is $151.5M (high $156.13M, low $148.16M), average SG&A $202.76M (high $207.53M, low $199.32M), and average EPS is $1.25 (high $1.29, low $1.23).
Did the HOPE's actual financial results beat the analysts' financial forecasts?
Based on Hope Bancorp's last annual report (Dec 2022), the company's revenue was $623.92M, which missed the average analysts forecast of $626.3M by -0.38%. Apple's EBITDA was $433.74M, beating the average prediction of $282.12M by 53.75%. The company's net income was $218.28M, beating the average estimation of $205.79M by 6.07%. Apple's SG&A was $218.44M, beating the average forecast of $199.01M by 9.76%. Lastly, the company's EPS was $1.82, beating the average prediction of $1.7 by 7.18%. In terms of the last quarterly report (Sep 2023), Hope Bancorp's revenue was $143.68M, beating the average analysts' forecast of $138.18M by 3.99%. The company's EBITDA was $40.01M, missing the average prediction of $52.92M by -24.40%. Hope Bancorp's net income was $30.05M, beating the average estimation of $29.51M by 1.83%. The company's SG&A was $54.72M, beating the average forecast of $45.23M by 20.97%. Lastly, the company's EPS was $0.25, beating the average prediction of $0.244 by 2.46%