Middlefield Banc (MBCN) Stock Forecast, Price Target & Predictions
MBCN Stock Forecast
Middlefield Banc stock forecast is as follows: an average price target of $30.00 (represents a 4.60% upside from MBCN’s last price of $28.68) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
MBCN Price Target
The average price target for Middlefield Banc (MBCN) is $30.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $30.00. This represents a potential 4.60% upside from MBCN's last price of $28.68.
MBCN Analyst Ratings
According to 3 Wall Street analysts, Middlefield Banc's rating consensus is 'Hold'. The analyst rating breakdown for MBCN stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Middlefield Banc Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 21, 2022 | - | Janney Montgomery | $30.00 | $28.46 | 5.39% | 4.60% |
The latest Middlefield Banc stock forecast, released on Dec 21, 2022 by Janney Montgomery company, set a price target of $30.00, which represents a 5.39% increase from the stock price at the time of the forecast ($28.46), and a 4.60% increase from MBCN last price ($28.68).
Middlefield Banc Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $28.68 | $28.68 | $28.68 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Middlefield Banc stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Middlefield Banc's last price of $28.68. 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 22, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Aug 31, 2023 | Raymond James | - | Outperform | Initialise |
| Dec 21, 2022 | Janney Montgomery | - | Neutral | Initialise |
Middlefield Banc's last stock rating was published by Keefe, Bruyette & Woods on Jul 22, 2024. The company gave MBCN a "Market Perform" rating, the same as its previous rate.
Middlefield Banc Financial Forecast
Middlefield Banc 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 | - | - | - | - | - | - | - | - | $25.57M | $17.78M | - | $18.19M | $14.80M | $14.14M | - | $12.87M | $13.53M | $14.32M | $13.52M | $14.12M | $12.88M | $13.17M | $12.22M | $11.11M | $11.61M | $11.68M | $11.57M | $11.36M | $11.44M | $11.20M |
| Avg Forecast | $18.23M | $18.03M | $17.40M | $17.10M | $17.20M | $17.13M | $16.87M | $17.00M | $17.65M | $18.30M | $18.10M | $18.30M | $16.70M | $13.80M | $13.25M | $12.95M | $13.80M | $13.30M | $13.30M | $12.60M | $13.20M | $12.60M | $11.60M | $11.60M | $11.80M | $11.70M | $11.90M | $11.60M | $10.25M | $10.54M |
| High Forecast | $18.52M | $18.32M | $17.67M | $17.37M | $17.47M | $17.23M | $17.13M | $17.27M | $17.85M | $18.60M | $18.39M | $18.59M | $16.96M | $14.02M | $13.25M | $13.01M | $13.87M | $13.37M | $13.37M | $12.66M | $13.26M | $12.66M | $11.66M | $11.66M | $11.86M | $11.76M | $11.96M | $11.66M | $12.30M | $12.65M |
| Low Forecast | $18.09M | $17.90M | $17.27M | $16.97M | $17.07M | $17.03M | $16.74M | $16.87M | $17.45M | $18.00M | $17.96M | $18.16M | $16.57M | $13.70M | $13.25M | $12.89M | $13.73M | $13.23M | $13.23M | $12.54M | $13.14M | $12.54M | $11.54M | $11.54M | $11.74M | $11.64M | $11.84M | $11.54M | $8.20M | $8.43M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | 1.45% | 0.97% | - | 0.99% | 0.89% | 1.02% | - | 0.99% | 0.98% | 1.08% | 1.02% | 1.12% | 0.98% | 1.05% | 1.05% | 0.96% | 0.98% | 1.00% | 0.97% | 0.98% | 1.12% | 1.06% |
Middlefield Banc's average Quarter revenue forecast for Mar 24 based on 1 analysts is $17.00M, with a low forecast of $16.87M, and a high forecast of $17.27M. MBCN's average Quarter revenue forecast represents a -33.52% decrease compared to the company's last Quarter revenue of $25.57M (Dec 23).
Middlefield Banc 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | $6.73M | $4.83M | - | $9.68M | $6.86M | $6.65M | - | $5.86M | $7.23M | $7.85M | $6.95M | $6.84M | $5.15M | $5.00M | $6.25M | $4.62M | $7.41M | $7.76M | $7.93M | $7.37M | $7.47M | $6.95M |
| Avg Forecast | $6.43M | $6.36M | $6.14M | $6.03M | $6.07M | $6.04M | $5.95M | $6.75M | $6.22M | $6.45M | $6.38M | $6.13M | $5.89M | $5.80M | $4.67M | $5.58M | $6.55M | $5.27M | $4.36M | $5.88M | $6.37M | $6.38M | $6.87M | $6.36M | $7.41M | $7.27M | $7.43M | $7.82M | $6.69M | $6.52M |
| High Forecast | $6.53M | $6.46M | $6.23M | $6.13M | $6.16M | $6.08M | $6.04M | $8.10M | $6.29M | $6.56M | $6.48M | $7.36M | $5.98M | $6.96M | $4.67M | $6.69M | $7.85M | $6.33M | $5.23M | $7.05M | $7.64M | $7.65M | $8.25M | $7.63M | $8.89M | $8.73M | $8.92M | $9.38M | $8.03M | $7.82M |
| Low Forecast | $6.38M | $6.31M | $6.09M | $5.98M | $6.02M | $6.01M | $5.90M | $5.40M | $6.15M | $6.35M | $6.33M | $4.91M | $5.84M | $4.64M | $4.67M | $4.46M | $5.24M | $4.22M | $3.49M | $4.70M | $5.09M | $5.10M | $5.50M | $5.09M | $5.93M | $5.82M | $5.95M | $6.25M | $5.35M | $5.22M |
| Surprise % | - | - | - | - | - | - | - | - | 1.08% | 0.75% | - | 1.58% | 1.16% | 1.15% | - | 1.05% | 1.10% | 1.49% | 1.59% | 1.16% | 0.81% | 0.78% | 0.91% | 0.73% | 1.00% | 1.07% | 1.07% | 0.94% | 1.12% | 1.07% |
1 analysts predict MBCN's average Quarter EBITDA for Mar 24 to be $6.75M, with a high of $8.10M and a low of $5.40M. This is 0.24% upper than Middlefield Banc's previous annual EBITDA (Dec 23) of $6.73M.
Middlefield Banc 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | $3.54M | $3.84M | - | $4.90M | $3.50M | $4.25M | - | $3.83M | $4.84M | $5.20M | $4.42M | $4.17M | $2.49M | $1.85M | $2.97M | $1.04M | $3.14M | $3.27M | $3.29M | $3.01M | $3.42M | $3.30M |
| Avg Forecast | $3.67M | $3.57M | $3.43M | $3.17M | $3.55M | $3.65M | $3.25M | $4.41M | $4.04M | $4.70M | $4.76M | $4.01M | $6.18M | $3.85M | $5.22M | $3.65M | $4.38M | $3.50M | $2.78M | $3.58M | $3.07M | $2.36M | $3.26M | $1.43M | $3.14M | $3.06M | $3.08M | $3.20M | $3.07M | $3.10M |
| High Forecast | $3.75M | $3.65M | $3.50M | $3.23M | $3.62M | $3.89M | $3.32M | $5.30M | $4.11M | $5.03M | $4.86M | $4.81M | $6.30M | $4.62M | $5.22M | $4.38M | $5.26M | $4.20M | $3.33M | $4.30M | $3.69M | $2.84M | $3.92M | $1.72M | $3.77M | $3.68M | $3.70M | $3.83M | $3.68M | $3.72M |
| Low Forecast | $3.64M | $3.54M | $3.40M | $3.14M | $3.52M | $3.42M | $3.22M | $3.53M | $3.96M | $4.46M | $4.72M | $3.21M | $6.11M | $3.08M | $5.22M | $2.92M | $3.50M | $2.80M | $2.22M | $2.87M | $2.46M | $1.89M | $2.61M | $1.15M | $2.51M | $2.45M | $2.47M | $2.56M | $2.45M | $2.48M |
| Surprise % | - | - | - | - | - | - | - | - | 0.88% | 0.82% | - | 1.22% | 0.57% | 1.10% | - | 1.05% | 1.10% | 1.49% | 1.59% | 1.16% | 0.81% | 0.78% | 0.91% | 0.73% | 1.00% | 1.07% | 1.07% | 0.94% | 1.12% | 1.07% |
Middlefield Banc's average Quarter net income forecast for Mar 24 is $4.41M, with a range of $3.53M to $5.30M. MBCN's average Quarter net income forecast represents a 24.57% increase compared to the company's last Quarter net income of $3.54M (Dec 23).
Middlefield Banc 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | $7.82M | - | $6.46M | $5.30M | $5.83M | - | $5.35M | $5.02M | $5.60M | $5.39M | $5.41M | $5.41M | $4.62M | $5.05M | $4.52M | $4.79M | $5.05M | $4.93M | $4.92M | $4.84M | $4.71M |
| Avg Forecast | $5.75M | $5.69M | $5.49M | $5.40M | $5.43M | $5.41M | $5.32M | $6.16M | $5.57M | $5.78M | $5.71M | $5.60M | $5.27M | $4.14M | $4.18M | $5.09M | $4.54M | $3.76M | $3.38M | $4.65M | $6.69M | $5.89M | $5.56M | $6.22M | $4.79M | $4.74M | $4.62M | $5.22M | $4.33M | $4.41M |
| High Forecast | $5.85M | $5.78M | $5.58M | $5.48M | $5.51M | $5.44M | $5.41M | $7.39M | $5.63M | $5.87M | $5.80M | $6.72M | $5.35M | $4.96M | $4.18M | $6.10M | $5.45M | $4.51M | $4.06M | $5.58M | $8.02M | $7.07M | $6.67M | $7.47M | $5.75M | $5.69M | $5.54M | $6.27M | $5.20M | $5.29M |
| Low Forecast | $5.71M | $5.65M | $5.45M | $5.36M | $5.39M | $5.38M | $5.28M | $4.92M | $5.51M | $5.68M | $5.67M | $4.48M | $5.23M | $3.31M | $4.18M | $4.07M | $3.64M | $3.01M | $2.71M | $3.72M | $5.35M | $4.71M | $4.44M | $4.98M | $3.83M | $3.79M | $3.70M | $4.18M | $3.47M | $3.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.35% | - | 1.15% | 1.01% | 1.41% | - | 1.05% | 1.10% | 1.49% | 1.59% | 1.16% | 0.81% | 0.78% | 0.91% | 0.73% | 1.00% | 1.07% | 1.07% | 0.94% | 1.12% | 1.07% |
Middlefield Banc's average Quarter SG&A projection for Dec 23 is $5.57M, based on 2 Wall Street analysts, with a range of $5.51M to $5.63M. The forecast indicates a -28.80% fall compared to MBCN last annual SG&A of $7.82M (Sep 23).
Middlefield Banc 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 | 2 | 1 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | $0.44 | $0.47 | - | $0.60 | $0.53 | $0.73 | - | $0.65 | $0.81 | $0.85 | $0.70 | $0.65 | $0.39 | $0.29 | $0.47 | $0.16 | $0.48 | $0.51 | $0.51 | $0.47 | $0.53 | $0.51 |
| Avg Forecast | $0.46 | $0.44 | $0.42 | $0.39 | $0.44 | $0.45 | $0.40 | $0.42 | $0.50 | $0.58 | $0.59 | $0.60 | $0.77 | $0.67 | $0.65 | $0.61 | $0.74 | $0.64 | $0.57 | $0.57 | $0.51 | $0.42 | $0.17 | $0.34 | $0.49 | $0.48 | $0.48 | $0.49 | $0.43 | $0.45 |
| High Forecast | $0.46 | $0.45 | $0.43 | $0.40 | $0.45 | $0.48 | $0.41 | $0.43 | $0.51 | $0.62 | $0.60 | $0.62 | $0.78 | $0.68 | $0.65 | $0.62 | $0.75 | $0.64 | $0.58 | $0.58 | $0.51 | $0.42 | $0.17 | $0.34 | $0.49 | $0.48 | $0.48 | $0.49 | $0.52 | $0.54 |
| Low Forecast | $0.45 | $0.44 | $0.42 | $0.39 | $0.44 | $0.42 | $0.40 | $0.41 | $0.49 | $0.55 | $0.58 | $0.60 | $0.76 | $0.66 | $0.65 | $0.61 | $0.74 | $0.64 | $0.57 | $0.57 | $0.51 | $0.42 | $0.17 | $0.34 | $0.49 | $0.48 | $0.47 | $0.49 | $0.34 | $0.36 |
| Surprise % | - | - | - | - | - | - | - | - | 0.88% | 0.81% | - | 0.99% | 0.69% | 1.09% | - | 1.06% | 1.09% | 1.33% | 1.22% | 1.13% | 0.77% | 0.69% | 2.76% | 0.47% | 0.98% | 1.05% | 1.06% | 0.95% | 1.23% | 1.13% |
According to 1 Wall Street analysts, Middlefield Banc's projected average Quarter EPS for Mar 24 is $0.42, with a low estimate of $0.41 and a high estimate of $0.43. This represents a -5.11% decrease compared to MBCN previous annual EPS of $0.44 (Dec 23).
MBCN Forecast FAQ
Is Middlefield Banc a good buy?
No, according to 3 Wall Street analysts, Middlefield Banc (MBCN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of MBCN's total ratings.
What is MBCN's price target?
Middlefield Banc (MBCN) average price target is $30 with a range of $30 to $30, implying a 4.60% from its last price of $28.68. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Middlefield Banc stock go up soon?
According to Wall Street analysts' prediction for MBCN stock, the company can go up by 4.60% (from the last price of $28.68 to the average price target of $30), up by 4.60% based on the highest stock price target, and up by 4.60% based on the lowest stock price target.
Can Middlefield Banc stock reach $40?
MBCN's average twelve months analyst stock price target of $30 does not support the claim that Middlefield Banc can reach $40 in the near future.
What are Middlefield Banc's analysts' financial forecasts?
Middlefield Banc's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $68.2M (high $69.11M, low $67.71M), average EBITDA is $24.8M (high $26.38M, low $23.33M), average net income is $14.87M (high $16.12M, low $13.68M), average SG&A $22.32M (high $23.75M, low $20.97M), and average EPS is $1.71 (high $1.77, low $1.67). MBCN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $70.77M (high $71.88M, low $70.23M), average EBITDA is $24.96M (high $25.35M, low $24.77M), average net income is $13.84M (high $14.13M, low $13.71M), average SG&A $22.34M (high $22.69M, low $22.17M), and average EPS is $1.72 (high $1.75, low $1.7).
Did the MBCN's actual financial results beat the analysts' financial forecasts?
Based on Middlefield Banc's last annual report (Dec 2023), the company's revenue was $90.3M, beating the average analysts forecast of $72.35M by 24.81%. Apple's EBITDA was $28.48M, beating the average prediction of $25.19M by 13.06%. The company's net income was $17.37M, missing the average estimation of $17.51M by -0.83%. Apple's SG&A was $2.29M, missing the average forecast of $22.66M by -89.88%. Lastly, the company's EPS was $2.14, missing the average prediction of $2.28 by -6.04%. In terms of the last quarterly report (Dec 2023), Middlefield Banc's revenue was $25.57M, beating the average analysts' forecast of $17.65M by 44.88%. The company's EBITDA was $6.73M, beating the average prediction of $6.22M by 8.12%. Middlefield Banc's net income was $3.54M, missing the average estimation of $4.04M by -12.22%. The company's SG&A was $0, missing the average forecast of $5.57M by -100.00%. Lastly, the company's EPS was $0.44, missing the average prediction of $0.5 by -12.00%