Veritex (VBTX) Stock Forecast, Price Target & Predictions
VBTX Stock Forecast
Veritex stock forecast is as follows: an average price target of $31.00 (represents a 3.75% upside from VBTX’s last price of $29.88) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
VBTX Price Target
The average price target for Veritex (VBTX) is $31.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $30.00. This represents a potential 3.75% upside from VBTX's last price of $29.88.
VBTX Analyst Ratings
According to 5 Wall Street analysts, Veritex's rating consensus is 'Buy'. The analyst rating breakdown for VBTX stock is 1 'Strong Buy' (20.00%), 3 'Buy' (60.00%), 0 'Hold' (0.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
Veritex Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Stephen Scouten | Piper Sandler | $30.00 | $27.61 | 8.66% | 0.40% |
| Oct 23, 2024 | Gary Tenner | D.A. Davidson | $33.00 | $27.88 | 18.36% | 10.44% |
| Sep 17, 2024 | Strong Buy | Raymond James | $30.00 | $24.91 | 20.43% | 0.40% |
| Jul 25, 2024 | Gary Tenner | D.A. Davidson | $29.00 | $24.78 | 17.03% | -2.95% |
| Apr 25, 2024 | Brad Milsaps | Piper Sandler | $26.00 | $20.61 | 26.18% | -12.99% |
| Mar 13, 2024 | Gary Tenner | D.A. Davidson | $27.00 | $19.23 | 40.41% | -9.64% |
| Jun 13, 2022 | Gary Tenner | D.A. Davidson | $47.00 | $31.60 | 48.73% | 57.30% |
| Apr 28, 2022 | - | Raymond James | $43.00 | $33.03 | 30.18% | 43.91% |
The latest Veritex stock forecast, released on Oct 24, 2024 by Stephen Scouten from Piper Sandler, set a price target of $30.00, which represents a 8.66% increase from the stock price at the time of the forecast ($27.61), and a 0.40% increase from VBTX last price ($29.88).
Veritex Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $31.50 | $31.00 | $29.17 |
| Last Closing Price | $29.88 | $29.88 | $29.88 |
| Upside/Downside | 5.42% | 3.75% | -2.38% |
In the current month, the average price target of Veritex stock is $31.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 5.42% increase as opposed to Veritex's last price of $29.88. This month's average price target is up 1.61% compared to last quarter, and up 7.99% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 17, 2024 | Stephens | Strong Buy | Strong Buy | Hold |
| Sep 17, 2024 | Raymond James | Underperform | Underperform | Hold |
| Sep 17, 2024 | Raymond James | Market Perform | Strong Buy | Upgrade |
| Aug 28, 2024 | Stephens | Buy | Buy | Hold |
| Aug 28, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Jul 25, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 25, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 01, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Apr 01, 2024 | Stephens | Equal-Weight | Equal-Weight | Hold |
Veritex's last stock rating was published by Piper Sandler on Oct 24, 2024. The company gave VBTX a "Overweight" rating, the same as its previous rate.
Veritex Financial Forecast
Veritex 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 | - | - | - | - | - | - | - | - | - | - | - | - | $199.23M | $109.17M | $114.04M | $169.64M | $125.84M | $115.12M | $93.89M | $87.77M | $91.65M | $82.38M | $79.59M | $79.81M | $75.78M | $75.67M | $87.05M | $74.65M | $77.00M | $79.30M |
| Avg Forecast | $349.29M | $327.69M | $307.43M | $288.42M | $116.95M | $114.25M | $112.04M | $111.07M | $112.52M | $110.22M | $108.39M | $108.91M | $110.67M | $110.54M | $117.29M | $117.64M | $121.07M | $108.31M | $98.38M | $93.69M | $90.09M | $85.13M | $76.71M | $75.22M | $73.80M | $73.32M | $76.02M | $74.01M | $77.73M | $78.90M |
| High Forecast | $358.36M | $336.20M | $315.42M | $295.92M | $119.99M | $117.22M | $114.95M | $114.19M | $114.01M | $110.28M | $108.39M | $111.73M | $111.76M | $113.74M | $120.34M | $120.69M | $124.22M | $108.31M | $98.38M | $93.69M | $90.09M | $85.13M | $76.71M | $75.22M | $73.80M | $73.32M | $76.02M | $74.01M | $77.73M | $78.90M |
| Low Forecast | $342.44M | $321.26M | $301.40M | $282.77M | $114.66M | $112.01M | $109.84M | $107.95M | $111.03M | $110.17M | $108.39M | $106.77M | $109.58M | $107.17M | $114.99M | $115.33M | $118.70M | $108.31M | $98.38M | $93.69M | $90.09M | $85.13M | $76.71M | $75.22M | $73.80M | $73.32M | $76.02M | $74.01M | $77.73M | $78.90M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 7 | 7 | 9 | 8 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.80% | 0.99% | 0.97% | 1.44% | 1.04% | 1.06% | 0.95% | 0.94% | 1.02% | 0.97% | 1.04% | 1.06% | 1.03% | 1.03% | 1.15% | 1.01% | 0.99% | 1.01% |
Veritex's average Quarter revenue forecast for Mar 24 based on 1 analysts is $108.91M, with a low forecast of $106.77M, and a high forecast of $111.73M. VBTX's average Quarter revenue forecast represents a -45.34% decrease compared to the company's last Quarter revenue of $199.23M (Dec 23).
Veritex 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 | 4 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 7 | 7 | 9 | 8 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $9.50M | $41.90M | $43.45M | $115.67M | $84.69M | $82.38M | $51.82M | $53.29M | $64.11M | $59.09M | $50.00M | $54.54M | $42.76M | $44.73M | $45.37M | $27.11M | $62.66M | $64.20M |
| Avg Forecast | $147.16M | $138.07M | $129.53M | $121.52M | $49.28M | $48.14M | $47.21M | $46.80M | $47.41M | $46.44M | $45.67M | $45.88M | $46.63M | $46.57M | $49.42M | $102.14M | $58.77M | $45.64M | $41.45M | $92.86M | $37.96M | $35.87M | $32.32M | $41.95M | $31.09M | $30.89M | $32.03M | $44.56M | $32.75M | $33.24M |
| High Forecast | $150.99M | $141.65M | $132.89M | $124.68M | $50.56M | $49.39M | $48.43M | $48.11M | $48.04M | $46.46M | $45.67M | $47.08M | $47.09M | $47.92M | $50.70M | $122.57M | $70.52M | $45.64M | $41.45M | $111.43M | $37.96M | $35.87M | $32.32M | $50.34M | $31.09M | $30.89M | $32.03M | $53.47M | $32.75M | $33.24M |
| Low Forecast | $144.28M | $135.36M | $126.99M | $119.14M | $48.31M | $47.19M | $46.28M | $45.48M | $46.78M | $46.42M | $45.67M | $44.99M | $46.17M | $45.15M | $48.45M | $81.71M | $47.02M | $45.64M | $41.45M | $74.29M | $37.96M | $35.87M | $32.32M | $33.56M | $31.09M | $30.89M | $32.03M | $35.65M | $32.75M | $33.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.20% | 0.90% | 0.88% | 1.13% | 1.44% | 1.81% | 1.25% | 0.57% | 1.69% | 1.65% | 1.55% | 1.30% | 1.38% | 1.45% | 1.42% | 0.61% | 1.91% | 1.93% |
1 analysts predict VBTX's average Quarter EBITDA for Mar 24 to be $45.88M, with a high of $47.08M and a low of $44.99M. This is 382.85% upper than Veritex's previous annual EBITDA (Dec 23) of $9.50M.
Veritex 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 | 4 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 7 | 7 | 9 | 8 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $3.50M | $32.62M | $33.73M | $38.41M | $39.90M | $43.32M | $29.63M | $33.47M | $41.51M | $36.84M | $29.46M | $31.79M | $22.80M | $22.92M | $24.03M | $4.13M | $29.05M | $27.41M |
| Avg Forecast | $37.35M | $35.71M | $32.96M | $30.76M | $32.78M | $30.94M | $29.48M | $28.84M | $30.67M | $30.40M | $29.30M | $88.38M | $32.41M | $35.06M | $41.11M | $80.34M | $38.05M | $42.03M | $37.92M | $73.04M | $39.38M | $37.19M | $32.46M | $24.45M | $24.89M | $23.90M | $20.72M | $6.79M | $33.22M | $29.60M |
| High Forecast | $38.62M | $36.91M | $34.07M | $31.80M | $33.88M | $31.99M | $30.48M | $32.65M | $32.31M | $30.43M | $29.31M | $106.05M | $32.92M | $36.71M | $42.50M | $96.41M | $45.66M | $42.03M | $37.92M | $87.65M | $39.38M | $37.19M | $32.46M | $29.34M | $24.89M | $23.90M | $20.72M | $8.15M | $33.22M | $29.60M |
| Low Forecast | $36.40M | $34.80M | $32.12M | $29.98M | $31.94M | $30.16M | $28.73M | $25.03M | $29.03M | $30.36M | $29.29M | $70.70M | $31.90M | $32.87M | $40.06M | $64.28M | $30.44M | $42.03M | $37.92M | $58.43M | $39.38M | $37.19M | $32.46M | $19.56M | $24.89M | $23.90M | $20.72M | $5.44M | $33.22M | $29.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | 0.93% | 0.82% | 0.48% | 1.05% | 1.03% | 0.78% | 0.46% | 1.05% | 0.99% | 0.91% | 1.30% | 0.92% | 0.96% | 1.16% | 0.61% | 0.87% | 0.93% |
Veritex's average Quarter net income forecast for Mar 24 is $88.38M, with a range of $70.70M to $106.05M. VBTX's average Quarter net income forecast represents a 2425.82% increase compared to the company's last Quarter net income of $3.50M (Dec 23).
Veritex 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 | 4 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 7 | 7 | 9 | 8 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $9.57M | $33.30M | $31.28M | $33.64M | $35.53M | $31.56M | $29.23M | $28.70M | $26.84M | $24.11M | $25.29M | $23.84M | $20.96M | $21.61M | $20.58M | $19.95M | $19.89M | $18.24M |
| Avg Forecast | $88.79M | $83.30M | $78.15M | $73.32M | $29.73M | $29.04M | $28.48M | $28.24M | $28.61M | $28.02M | $27.55M | $5.26M | $28.13M | $28.10M | $29.82M | $4.78M | $27.34M | $27.54M | $25.01M | $4.34M | $22.90M | $21.64M | $19.50M | $20.38M | $18.76M | $18.64M | $19.33M | $36.75M | $19.76M | $20.06M |
| High Forecast | $91.10M | $85.47M | $80.19M | $75.23M | $30.50M | $29.80M | $29.22M | $29.03M | $28.98M | $28.03M | $27.55M | $6.31M | $28.41M | $28.91M | $30.59M | $5.74M | $32.80M | $27.54M | $25.01M | $5.21M | $22.90M | $21.64M | $19.50M | $24.46M | $18.76M | $18.64M | $19.33M | $44.10M | $19.76M | $20.06M |
| Low Forecast | $87.05M | $81.67M | $76.62M | $71.88M | $29.15M | $28.47M | $27.92M | $27.44M | $28.23M | $28.01M | $27.55M | $4.21M | $27.86M | $27.24M | $29.23M | $3.82M | $21.87M | $27.54M | $25.01M | $3.48M | $22.90M | $21.64M | $19.50M | $16.31M | $18.76M | $18.64M | $19.33M | $29.40M | $19.76M | $20.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.34% | 1.19% | 1.05% | 7.04% | 1.30% | 1.15% | 1.17% | 6.61% | 1.17% | 1.11% | 1.30% | 1.17% | 1.12% | 1.16% | 1.06% | 0.54% | 1.01% | 0.91% |
Veritex's average Quarter SG&A projection for Mar 24 is $5.26M, based on 1 Wall Street analysts, with a range of $4.21M to $6.31M. The forecast indicates a -45.07% fall compared to VBTX last annual SG&A of $9.57M (Dec 23).
Veritex 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 | 4 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 7 | 7 | 9 | 8 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.06 | $0.60 | $0.62 | $0.71 | $0.74 | $0.80 | $0.55 | $0.66 | $0.84 | $0.75 | $0.60 | $0.64 | $0.46 | $0.46 | $0.48 | $0.08 | $0.56 | $0.52 |
| Avg Forecast | $0.68 | $0.65 | $0.60 | $0.56 | $0.60 | $0.56 | $0.54 | $0.53 | $0.56 | $0.55 | $0.53 | $0.55 | $0.59 | $0.64 | $0.75 | $0.73 | $0.88 | $0.77 | $0.69 | $0.66 | $0.72 | $0.68 | $0.59 | $0.52 | $0.45 | $0.44 | $0.38 | $0.45 | $0.61 | $0.54 |
| High Forecast | $0.70 | $0.67 | $0.62 | $0.58 | $0.62 | $0.58 | $0.55 | $0.59 | $0.59 | $0.55 | $0.53 | $0.55 | $0.60 | $0.67 | $0.77 | $0.75 | $0.91 | $0.77 | $0.69 | $0.66 | $0.72 | $0.68 | $0.59 | $0.52 | $0.45 | $0.44 | $0.38 | $0.45 | $0.61 | $0.54 |
| Low Forecast | $0.66 | $0.63 | $0.58 | $0.55 | $0.58 | $0.55 | $0.52 | $0.46 | $0.53 | $0.55 | $0.53 | $0.55 | $0.58 | $0.60 | $0.73 | $0.71 | $0.85 | $0.77 | $0.69 | $0.66 | $0.72 | $0.68 | $0.59 | $0.52 | $0.45 | $0.44 | $0.38 | $0.45 | $0.61 | $0.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | 0.94% | 0.83% | 0.98% | 0.84% | 1.04% | 0.80% | 1.00% | 1.17% | 1.11% | 1.01% | 1.23% | 1.01% | 1.06% | 1.27% | 0.18% | 0.92% | 0.96% |
According to 1 Wall Street analysts, Veritex's projected average Quarter EPS for Mar 24 is $0.55, with a low estimate of $0.55 and a high estimate of $0.55. This represents a 756.77% increase compared to VBTX previous annual EPS of $0.06 (Dec 23).
Veritex Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBK | Heritage Commerce | $10.84 | $12.50 | 15.31% | Buy |
| FFNW | First Financial Northwest | $22.09 | $23.50 | 6.38% | Hold |
| VBTX | Veritex | $29.88 | $31.00 | 3.75% | Buy |
| HBCP | Home Bancorp | $50.23 | $50.00 | -0.46% | Buy |
| GABC | German American Bancorp | $46.00 | $45.67 | -0.72% | Buy |
| HFWA | Heritage Financial | $26.26 | $26.00 | -0.99% | Hold |
| BFST | Business First Bancshares | $28.58 | $28.00 | -2.03% | Buy |
| GSBC | Great Southern Bancorp | $63.59 | $62.00 | -2.50% | Hold |
| FSBW | FS Bancorp | $46.94 | $44.00 | -6.26% | - |
| SRCE | 1st Source | $66.01 | $61.00 | -7.59% | Hold |
| HTLF | Heartland Financial USA | $66.42 | $60.00 | -9.67% | Hold |
| FCCO | First Community | $24.44 | $21.00 | -14.08% | Buy |
| TCBI | Texas Capital Bancshares | $89.11 | $76.20 | -14.49% | Buy |
| BSRR | Sierra Bancorp | $32.17 | $25.33 | -21.26% | Hold |