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Synovus Financial (SNV) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SNV Stock Forecast

Synovus Financial stock forecast is as follows: an average price target of $53.70 (represents a 6.40% upside from SNV’s last price of $50.47) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

SNV Price Target

The average price target for Synovus Financial (SNV) is $53.70 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $64.00 to $42.00. This represents a potential 6.40% upside from SNV's last price of $50.47.

SNV Analyst Ratings

Buy

According to 14 Wall Street analysts, Synovus Financial's rating consensus is 'Buy'. The analyst rating breakdown for SNV stock is 0 'Strong Buy' (0.00%), 10 'Buy' (71.43%), 4 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Synovus Financial Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Bernard von-GizyckiDeutsche Bank$64.00$55.7714.76%26.81%
Oct 18, 2024Jon ArfstromRBC Capital$57.00$50.8512.09%12.94%
Oct 18, 2024Benjamin GerlingerCitigroup$59.00$50.8516.03%16.90%
Oct 17, 2024Russell GuntherStephens$52.00$50.852.26%3.03%
Oct 17, 2024Kevin FitzsimmonsD.A. Davidson$60.00$50.8517.99%18.88%
Oct 17, 2024Jennifer DembaTruist Financial$52.00$48.377.50%3.03%
Oct 17, 2024Russel GuntherStephens$46.00$48.37-4.90%-8.86%
Oct 10, 2024Benjamin GerlingerCitigroup$53.00$43.5721.64%5.01%
Oct 09, 2024Megan AlexanderMorgan Stanley$42.00$21.7992.75%-16.78%
Sep 26, 2024Jared ShawBarclays$49.00$43.2213.37%-2.91%
Sep 17, 2024Michael RoseRaymond James$49.00$44.799.40%-2.91%
Aug 05, 2024Manan GosaliaMorgan Stanley$51.00$41.9721.52%1.05%
Jul 19, 2024Kevin FitzsimmonsD.A. Davidson$55.00$45.0921.98%8.98%
Jul 19, 2024Jennifer DembaTruist Financial$50.00$45.0910.89%-0.93%
Jul 19, 2024Stephen ScoutenPiper Sandler$53.00$44.9917.80%5.01%
Jul 19, 2024Jared ShawBarclays$47.00$44.994.47%-6.88%
Jun 24, 2024Jared ShawBarclays$46.00$38.6219.12%-8.86%
May 07, 2024Gary TennerD.A. Davidson$47.00$38.8520.96%-6.88%
Apr 19, 2024Brad MilsapsPiper Sandler$42.00$34.5521.56%-16.78%
Apr 19, 2024Gary TennerD.A. Davidson$43.00$34.5224.55%-14.80%
Apr 19, 2024Jon ArfstromRBC Capital$41.00$33.9020.94%-18.76%
Apr 19, 2024Jared ShawWells Fargo$40.00$33.9017.99%-20.74%
Apr 09, 2024Jon ArfstromRBC Capital$44.00$39.0312.73%-12.82%
Apr 01, 2024Brandon KingTruist Financial$45.00$40.0612.33%-10.84%
Apr 22, 2022Wells Fargo$65.00$46.0341.21%28.79%
Apr 22, 2022Piper Sandler$60.00$45.3332.36%18.88%
Apr 22, 2022Raymond James$57.00$46.0323.83%12.94%
Dec 06, 2021Ken ZerbeMorgan Stanley$68.00$46.3146.84%34.73%
Oct 20, 2021David BishopSeaport Global$55.00$48.7012.94%8.98%

The latest Synovus Financial stock forecast, released on Dec 09, 2024 by Bernard von-Gizycki from Deutsche Bank, set a price target of $64.00, which represents a 14.76% increase from the stock price at the time of the forecast ($55.77), and a 26.81% increase from SNV last price ($50.47).

Synovus Financial Price Target by Period

1M3M12M
# Anlaysts11024
Avg Price Target$64.00$53.40$49.46
Last Closing Price$50.47$50.47$50.47
Upside/Downside26.81%5.81%-2.00%

In the current month, the average price target of Synovus Financial stock is $64.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 26.81% increase as opposed to Synovus Financial's last price of $50.47. This month's average price target is up 19.85% compared to last quarter, and up 29.40% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024Deutsche BankBuyInitialise
Oct 21, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Oct 18, 2024RBC CapitalOutperformOutperformHold
Oct 18, 2024BarclaysOverweightOverweightHold
Oct 17, 2024Piper SandlerOverweightOverweightHold
Oct 17, 2024Truist FinancialBuyBuyHold
Oct 17, 2024StephensEqual-WeightEqual-WeightHold
Oct 17, 2024CitigroupBuyBuyHold
Oct 10, 2024CitigroupBuyInitialise
Oct 01, 2024Wells FargoMarket PerformEqual-WeightDowngrade
Sep 26, 2024BarclaysOverweightOverweightHold
Sep 17, 2024Raymond JamesMarket PerformOutperformUpgrade
Jul 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jul 22, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 19, 2024Wells FargoMarket PerformMarket PerformHold
Jul 19, 2024Truist FinancialBuyBuyHold
Jul 19, 2024Piper SandlerOverweightOverweightHold
Jul 19, 2024StephensEqual-WeightEqual-WeightHold
Jul 19, 2024BarclaysOverweightOverweightHold
Jul 03, 2024JefferiesBuyBuyHold
Jun 24, 2024Truist FinancialUnderperformUnderperformHold
Jun 24, 2024Wells FargoMarket PerformMarket PerformHold
Jun 24, 2024BarclaysOverweightUpgrade
May 07, 2024Truist FinancialUnderperformUnderperformHold
May 07, 2024Wells FargoMarket PerformMarket PerformHold
Apr 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Apr 19, 2024Piper SandlerOverweightOverweightHold
Apr 19, 2024Bank of America SecuritiesBuyBuyHold
Apr 19, 2024Wells FargoOverweightOverweightHold
Apr 18, 2024Raymond JamesMarket PerformDowngrade
Apr 09, 2024RBC CapitalOutperformOutperformHold
Mar 28, 2024RBC CapitalUnderperformUnderperformHold
Mar 08, 2024UBSBuyBuyHold
Mar 08, 2024StephensUnderperformUnderperformHold
Feb 07, 2024UBSBuyBuyHold
Jan 19, 2024Truist FinancialStrong BuyStrong BuyHold
Jan 19, 2024StephensUnderperformUnderperformHold
Jan 08, 2024UBSBuyUpgrade
Apr 21, 2023RBC CapitalOutperformOutperformHold
May 17, 2022Wells FargoOverweightUpgrade

Synovus Financial's last stock rating was published by Deutsche Bank on Dec 09, 2024. The company Initialise its SNV rating from "null" to "Buy".

Synovus Financial Financial Forecast

Synovus Financial Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$443.21M$519.34M$565.45M$584.00M$603.78M$582.22M$522.65M$497.58M$509.38M$499.87M$488.95M$484.81M$500.69M$491.40M$550.05M$477.12M$497.22M$490.86M
Avg Forecast$633.02M$624.18M$612.03M$596.99M$600.78M$586.91M$572.39M$560.57M$565.24M$557.64M$542.18M$547.62M$519.52M$539.16M$569.87M$594.15M$599.57M$570.65M$519.44M$499.08M$492.62M$488.52M$487.70M$486.73M$483.06M$467.88M$445.07M$458.66M$483.85M$487.16M
High Forecast$640.78M$631.83M$619.54M$604.31M$608.14M$594.10M$579.40M$569.83M$566.70M$562.37M$542.85M$547.62M$544.82M$545.77M$576.85M$601.44M$606.92M$586.95M$534.28M$513.34M$506.69M$502.47M$501.63M$500.63M$496.86M$481.24M$457.78M$471.76M$497.67M$501.08M
Low Forecast$623.18M$614.48M$602.52M$587.71M$591.43M$577.78M$563.49M$542.75M$562.32M$552.91M$541.50M$547.62M$460.83M$530.78M$561.00M$584.91M$590.24M$552.97M$503.35M$483.62M$477.36M$473.39M$472.59M$471.65M$468.10M$453.39M$431.28M$444.45M$468.86M$472.07M
# Analysts222211144274946437434744999988
Surprise %------------0.85%0.96%0.99%0.98%1.01%1.02%1.01%1.00%1.03%1.02%1.00%1.00%1.04%1.05%1.24%1.04%1.03%1.01%

Synovus Financial's average Quarter revenue forecast for Mar 24 based on 4 analysts is $547.62M, with a low forecast of $547.62M, and a high forecast of $547.62M. SNV's average Quarter revenue forecast represents a 23.56% increase compared to the company's last Quarter revenue of $443.21M (Dec 23).

Synovus Financial EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144274946437434744999988
EBITDA------------$144.13M$124.82M$525.52M$632.07M$364.93M$381.07M$293.29M$264.65M$329.27M$308.27M$305.59M$324.61M$263.40M$217.39M$225.33M$176.40M$312.73M$305.83M
Avg Forecast$214.71M$211.71M$207.59M$202.49M$203.77M$199.07M$194.14M$190.13M$191.72M$189.14M$183.90M$267.51M$176.21M$182.87M$193.29M$243.19M$271.65M$321.54M$292.68M$221.08M$277.57M$275.26M$274.80M$222.29M$272.19M$263.63M$250.78M$259.03M$272.63M$274.49M
High Forecast$217.34M$214.31M$210.14M$204.97M$206.27M$201.51M$196.52M$193.28M$192.21M$190.74M$184.12M$321.01M$184.79M$185.12M$195.66M$291.83M$325.98M$330.72M$301.04M$265.30M$285.50M$283.12M$282.65M$266.74M$279.96M$271.16M$257.94M$310.84M$280.41M$282.33M
Low Forecast$211.37M$208.42M$204.36M$199.34M$200.60M$195.97M$191.12M$184.09M$190.73M$187.54M$183.67M$214.01M$156.31M$180.03M$190.28M$194.55M$217.32M$311.58M$283.62M$176.87M$268.97M$266.73M$266.29M$177.83M$263.75M$255.46M$243.01M$207.23M$264.18M$265.99M
Surprise %------------0.82%0.68%2.72%2.60%1.34%1.19%1.00%1.20%1.19%1.12%1.11%1.46%0.97%0.82%0.90%0.68%1.15%1.11%

4 analysts predict SNV's average Quarter EBITDA for Mar 24 to be $267.51M, with a high of $321.01M and a low of $214.01M. This is 85.61% upper than Synovus Financial's previous annual EBITDA (Dec 23) of $144.13M.

Synovus Financial Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144274946437434744999988
Net Income------------$60.65M$97.09M$174.11M$202.16M$205.77M$203.04M$178.05M$171.04M$200.40M$186.77M$186.20M$187.09M$150.41M$91.57M$93.19M$38.52M$151.68M$135.73M
Avg Forecast$204.28M$197.29M$188.11M$174.27M$179.78M$169.65M$162.50M$153.77M$163.59M$155.66M$136.96M$192.61M$136.16M$120.49M$165.08M$175.10M$165.33M$185.74M$159.00M$159.18M$157.07M$155.07M$149.74M$128.12M$119.01M$76.12M$2.89M$56.57M$141.01M$144.92M
High Forecast$207.53M$200.43M$191.10M$177.05M$182.64M$172.36M$165.09M$163.73M$170.77M$156.59M$136.97M$231.13M$143.32M$122.41M$168.37M$210.12M$198.40M$186.06M$163.54M$191.02M$162.90M$160.83M$151.01M$153.74M$123.43M$78.95M$3.00M$67.88M$146.25M$150.30M
Low Forecast$200.15M$193.30M$184.30M$170.75M$176.14M$166.22M$159.21M$136.68M$152.11M$154.73M$136.94M$154.09M$128.99M$118.06M$161.79M$140.08M$132.27M$185.43M$154.47M$127.35M$150.74M$148.83M$148.47M$102.49M$114.22M$73.06M$2.77M$45.25M$135.34M$139.08M
Surprise %------------0.45%0.81%1.05%1.15%1.24%1.09%1.12%1.07%1.28%1.20%1.24%1.46%1.26%1.20%32.25%0.68%1.08%0.94%

Synovus Financial's average Quarter net income forecast for Mar 24 is $192.61M, with a range of $154.09M to $231.13M. SNV's average Quarter net income forecast represents a 217.60% increase compared to the company's last Quarter net income of $60.65M (Dec 23).

Synovus Financial SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144274946437434744999988
SG&A------------$257.72M$191.58M$194.16M$199.19M$190.86M$181.04M$167.96M$170.93M$173.03M$165.58M$166.11M$167.06M$174.62M$161.79M$166.45M$159.71M$159.28M$155.71M
Avg Forecast$228.99M$225.80M$221.40M$215.96M$217.33M$212.31M$207.06M$202.79M$204.47M$201.73M$196.13M$192.50M$187.94M$195.04M$206.15M$175.00M$142.75M$206.42M$187.90M$159.09M$178.19M$176.71M$176.41M$114.40M$174.74M$169.24M$160.99M$234.52M$175.02M$176.22M
High Forecast$231.80M$228.57M$224.12M$218.61M$220.00M$214.92M$209.60M$206.14M$205.00M$203.44M$196.38M$230.99M$197.09M$197.43M$208.68M$209.99M$171.30M$212.32M$193.26M$190.90M$183.28M$181.76M$181.45M$137.28M$179.73M$174.08M$165.59M$281.42M$180.02M$181.25M
Low Forecast$225.43M$222.29M$217.96M$212.60M$213.95M$209.01M$203.84M$196.34M$203.42M$200.02M$195.89M$154.00M$166.71M$192.01M$202.94M$140.00M$114.20M$200.02M$182.08M$127.27M$172.67M$171.24M$170.95M$91.52M$169.32M$164.00M$156.01M$187.61M$169.60M$170.76M
Surprise %------------1.37%0.98%0.94%1.14%1.34%0.88%0.89%1.07%0.97%0.94%0.94%1.46%1.00%0.96%1.03%0.68%0.91%0.88%

Synovus Financial's average Quarter SG&A projection for Mar 24 is $192.50M, based on 4 Wall Street analysts, with a range of $154.00M to $230.99M. The forecast indicates a -25.31% fall compared to SNV last annual SG&A of $257.72M (Dec 23).

Synovus Financial EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144274946437434744999988
EPS------------$0.41$0.60$1.13$1.33$1.36$1.34$1.17$1.12$1.38$1.22$1.20$1.20$0.96$0.57$0.58$0.21$0.98$0.84
Avg Forecast$1.42$1.37$1.31$1.21$1.25$1.18$1.13$1.07$1.14$1.08$0.95$0.99$0.95$0.84$1.15$1.24$1.35$1.28$1.09$1.01$1.08$1.07$1.03$0.93$0.82$0.52$0.02$0.36$0.97$1.00
High Forecast$1.44$1.39$1.33$1.23$1.27$1.20$1.15$1.14$1.19$1.09$0.95$0.99$1.00$0.85$1.17$1.26$1.37$1.28$1.12$1.05$1.12$1.10$1.04$0.97$0.85$0.54$0.02$0.37$1.00$1.03
Low Forecast$1.39$1.34$1.28$1.19$1.22$1.15$1.11$0.95$1.06$1.07$0.95$0.99$0.90$0.82$1.12$1.22$1.33$1.27$1.06$0.97$1.04$1.02$1.02$0.90$0.78$0.50$0.02$0.34$0.93$0.96
Surprise %------------0.43%0.72%0.99%1.07%1.01%1.05%1.07%1.11%1.28%1.15%1.17%1.29%1.17%1.08%29.21%0.57%1.01%0.84%

According to 4 Wall Street analysts, Synovus Financial's projected average Quarter EPS for Mar 24 is $0.99, with a low estimate of $0.99 and a high estimate of $0.99. This represents a 140.78% increase compared to SNV previous annual EPS of $0.41 (Dec 23).

Synovus Financial Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HWCHancock Whitney$56.97$63.3311.16%Buy
HONEHarborOne Bancorp$12.72$14.0010.06%Hold
MTBM&T Bank$196.15$211.707.93%Buy
CFGCitizens Financial Group$44.74$47.836.91%Hold
BOKFBOK Financial$114.35$118.753.85%Hold
RNSTRenasant$36.68$38.003.60%Buy
CBUCommunity Bank System$65.25$67.002.68%Strong Buy
TRMKTrustmark$37.02$37.501.30%Hold
SNVSynovus Financial$53.36$53.700.64%Buy
ABCBAmeris Bancorp$65.36$65.500.21%Buy
SSBSouthState$106.47$106.670.19%Buy
FITBFifth Third Bancorp$45.05$44.67-0.84%Buy
HBANHuntington Bancshares$16.94$16.56-2.24%Buy
SMBKSmartFinancial$33.39$32.00-4.16%Hold
FHNFirst Horizon$19.95$19.00-4.76%Buy
PNFPPinnacle Financial Partners$117.03$110.50-5.58%Buy

SNV Forecast FAQ

Is Synovus Financial a good buy?

Yes, according to 14 Wall Street analysts, Synovus Financial (SNV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 71.43% of SNV's total ratings.

What is SNV's price target?

Synovus Financial (SNV) average price target is $53.7 with a range of $42 to $64, implying a 6.40% from its last price of $50.47. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Synovus Financial stock go up soon?

According to Wall Street analysts' prediction for SNV stock, the company can go up by 6.40% (from the last price of $50.47 to the average price target of $53.7), up by 26.81% based on the highest stock price target, and down by -16.78% based on the lowest stock price target.

Can Synovus Financial stock reach $80?

SNV's average twelve months analyst stock price target of $53.7 does not support the claim that Synovus Financial can reach $80 in the near future.

What is Synovus Financial's current price target trend?

1 Wall Street analyst forecast a $64 price target for Synovus Financial (SNV) this month, up 26.81% from its last price of $50.47. Compared to the last 3 and 12 months, the average price target increased by 5.81% and decreased by -2.00%, respectively.

What are Synovus Financial's analysts' financial forecasts?

Synovus Financial's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.32B (high $2.35B, low $2.28B), average EBITDA is $787.12M (high $797.58M, low $771.79M), average net income is $665.69M (high $683.82M, low $638.26M), average SG&A $839.49M (high $850.65M, low $823.14M), and average EPS is $4.62 (high $4.75, low $4.43). SNV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.47B (high $2.5B, low $2.43B), average EBITDA is $836.5M (high $846.75M, low $823.49M), average net income is $763.95M (high $776.12M, low $748.5M), average SG&A $892.16M (high $903.09M, low $878.28M), and average EPS is $5.31 (high $5.39, low $5.2).

Did the SNV's actual financial results beat the analysts' financial forecasts?

Based on Synovus Financial's last annual report (Dec 2023), the company's revenue was $2.03B, which missed the average analysts forecast of $2.22B by -8.60%. Apple's EBITDA was $2.69B, beating the average prediction of $795.56M by 238.44%. The company's net income was $507.76M, missing the average estimation of $596.83M by -14.92%. Apple's SG&A was $1.03B, beating the average forecast of $764.12M by 35.38%. Lastly, the company's EPS was $3.46, missing the average prediction of $4.17 by -17.08%. In terms of the last quarterly report (Dec 2023), Synovus Financial's revenue was $443.21M, missing the average analysts' forecast of $519.52M by -14.69%. The company's EBITDA was $144.12M, missing the average prediction of $176.21M by -18.21%. Synovus Financial's net income was $60.64M, missing the average estimation of $136.16M by -55.46%. The company's SG&A was $257.72M, beating the average forecast of $187.94M by 37.13%. Lastly, the company's EPS was $0.41, missing the average prediction of $0.946 by -56.64%