Valley National Bancorp (VLY) Stock Forecast, Price Target & Predictions
VLY Stock Forecast
Valley National Bancorp stock forecast is as follows: an average price target of $11.50 (represents a 34.98% upside from VLY’s last price of $8.52) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
VLY Price Target
The average price target for Valley National Bancorp (VLY) is $11.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $9.00. This represents a potential 34.98% upside from VLY's last price of $8.52.
VLY Analyst Ratings
According to 5 Wall Street analysts, Valley National Bancorp's rating consensus is 'Hold'. The analyst rating breakdown for VLY stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Valley National Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Manan Gosalia | National Bank | $9.50 | $7.88 | 20.63% | 11.50% |
| Jul 26, 2024 | Steven Duong | RBC Capital | $9.00 | $8.24 | 9.22% | 5.63% |
| Jun 22, 2024 | Benjamin Gerlinger | National Bank | $7.00 | $6.58 | 6.38% | -17.84% |
| Sep 27, 2023 | Manan Gosalia | National Bank | $8.50 | $8.39 | 1.31% | -0.23% |
| Dec 21, 2022 | - | Raymond James | $14.00 | $11.22 | 24.78% | 64.32% |
| Dec 13, 2022 | - | J.P. Morgan | $12.00 | $11.56 | 3.76% | 40.85% |
| May 03, 2022 | - | Citigroup | $13.00 | $12.04 | 8.02% | 52.58% |
The latest Valley National Bancorp stock forecast, released on Aug 05, 2024 by Manan Gosalia from National Bank, set a price target of $9.50, which represents a 20.63% increase from the stock price at the time of the forecast ($7.88), and a 11.50% increase from VLY last price ($8.52).
Valley National Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 4 |
| Avg Price Target | - | $8.50 | $8.50 |
| Last Closing Price | $8.52 | $8.52 | $8.52 |
| Upside/Downside | -100.00% | -0.23% | -0.23% |
In the current month, the average price target of Valley National 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 Valley National Bancorp's last price of $8.52. 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 |
|---|---|---|---|---|
| Jul 26, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Jul 26, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jul 26, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 26, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 24, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Jun 22, 2024 | Citigroup | Neutral | Neutral | Hold |
| May 22, 2024 | RBC Capital | Underperform | Underperform | Hold |
| May 22, 2024 | Wedbush | Neutral | Neutral | Hold |
| Sep 05, 2023 | Hovde Group | - | Outperform | Upgrade |
| May 01, 2023 | Raymond James | Strong Buy | Market Perform | Downgrade |
Valley National Bancorp's last stock rating was published by Wedbush on Jul 26, 2024. The company gave VLY a "Market Perform" rating, the same as its previous rate.
Valley National Bancorp Financial Forecast
Valley National 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 | - | - | - | - | - | - | - | - | $871.00M | $463.72M | $480.12M | $485.33M | $518.66M | $510.00M | - | $16.42M | $353.43M | $343.42M | $344.06M | $324.26M | $335.51M | $332.47M | $327.35M | $305.98M | $276.63M | $261.77M | $247.84M | $326.32M | $256.75M | $245.84M |
| Avg Forecast | $514.30M | $500.63M | $487.39M | $474.21M | $478.04M | $468.79M | $459.97M | $451.50M | $467.49M | $472.13M | $493.73M | $520.32M | $527.52M | $501.93M | $444.35M | $352.09M | $344.05M | $339.24M | $337.54M | $334.27M | $330.02M | $329.16M | $306.26M | $285.83M | $263.44M | $254.74M | $254.36M | $263.25M | $268.97M | $269.21M |
| High Forecast | $515.93M | $502.21M | $488.93M | $475.71M | $479.54M | $472.16M | $461.42M | $452.93M | $472.58M | $479.95M | $495.28M | $521.96M | $529.18M | $503.52M | $444.35M | $365.04M | $356.70M | $351.72M | $349.95M | $346.56M | $342.16M | $341.27M | $317.53M | $296.34M | $273.12M | $264.11M | $263.72M | $272.94M | $322.77M | $323.05M |
| Low Forecast | $512.42M | $498.80M | $485.60M | $472.48M | $476.29M | $465.66M | $458.29M | $449.85M | $463.20M | $459.86M | $491.92M | $518.41M | $525.59M | $500.09M | $444.35M | $346.45M | $338.54M | $333.81M | $332.13M | $328.92M | $324.74M | $323.89M | $301.36M | $281.25M | $259.22M | $250.66M | $250.29M | $259.04M | $215.18M | $215.37M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 15 |
| Surprise % | - | - | - | - | - | - | - | - | 1.86% | 0.98% | 0.97% | 0.93% | 0.98% | 1.02% | - | 0.05% | 1.03% | 1.01% | 1.02% | 0.97% | 1.02% | 1.01% | 1.07% | 1.07% | 1.05% | 1.03% | 0.97% | 1.24% | 0.95% | 0.91% |
Valley National Bancorp's average Quarter revenue forecast for Mar 24 based on 3 analysts is $451.50M, with a low forecast of $449.85M, and a high forecast of $452.93M. VLY's average Quarter revenue forecast represents a -48.16% decrease compared to the company's last Quarter revenue of $871.00M (Dec 23).
Valley National 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 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 15 |
| EBITDA | - | - | - | - | - | - | - | - | $9.70M | $204.57M | $200.63M | $498.44M | $436.77M | $367.40M | - | $197.49M | $201.20M | $211.19M | $215.42M | $214.02M | $209.23M | $216.27M | $216.59M | $235.06M | $200.20M | $233.62M | $228.12M | $289.21M | $199.71M | $179.13M |
| Avg Forecast | $201.84M | $196.48M | $191.28M | $186.11M | $187.61M | $183.98M | $180.52M | $238.97M | $183.47M | $185.29M | $193.77M | $217.24M | $207.03M | $224.30M | $174.39M | $197.49M | $208.14M | $203.91M | $215.42M | $221.40M | $201.18M | $216.27M | $195.96M | $223.30M | $191.49M | $223.46M | $228.12M | $103.32M | $208.79M | $194.70M |
| High Forecast | $202.48M | $197.10M | $191.88M | $186.69M | $188.20M | $185.30M | $181.09M | $286.76M | $185.47M | $188.36M | $194.38M | $260.69M | $207.68M | $269.16M | $174.39M | $236.99M | $249.76M | $244.69M | $258.50M | $265.68M | $241.42M | $259.52M | $235.15M | $267.96M | $229.79M | $268.15M | $273.74M | $107.12M | $250.55M | $233.64M |
| Low Forecast | $201.10M | $195.76M | $190.58M | $185.43M | $186.92M | $182.75M | $179.86M | $191.17M | $181.78M | $180.47M | $193.06M | $173.79M | $206.27M | $179.44M | $174.39M | $157.99M | $166.51M | $163.13M | $172.33M | $177.12M | $160.95M | $173.01M | $156.77M | $178.64M | $153.19M | $178.77M | $182.50M | $101.66M | $167.03M | $155.76M |
| Surprise % | - | - | - | - | - | - | - | - | 0.05% | 1.10% | 1.04% | 2.29% | 2.11% | 1.64% | - | 1.00% | 0.97% | 1.04% | 1.00% | 0.97% | 1.04% | 1.00% | 1.11% | 1.05% | 1.05% | 1.05% | 1.00% | 2.80% | 0.96% | 0.92% |
3 analysts predict VLY's average Quarter EBITDA for Mar 24 to be $238.97M, with a high of $286.76M and a low of $191.17M. This is 2364.58% upper than Valley National Bancorp's previous annual EBITDA (Dec 23) of $9.70M.
Valley National 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 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 15 |
| Net Income | - | - | - | - | - | - | - | - | $71.55M | $141.35M | $139.06M | $146.55M | $177.59M | $178.12M | - | $116.73M | $115.04M | $122.58M | $120.51M | $115.71M | $105.36M | $102.37M | $95.60M | $87.27M | $38.10M | $81.89M | $76.47M | $113.33M | $77.10M | $69.56M |
| Avg Forecast | $136.20M | $127.13M | $117.83M | $105.35M | $99.14M | $93.33M | $98.54M | $137.40M | $129.54M | $132.23M | $147.13M | $124.91M | $183.72M | $130.19M | $146.67M | $113.56M | $119.00M | $118.35M | $120.51M | $119.70M | $101.31M | $102.37M | $86.50M | $82.90M | $36.45M | $78.33M | $76.47M | $113.33M | $80.61M | $75.61M |
| High Forecast | $136.76M | $127.65M | $118.32M | $105.79M | $99.55M | $93.71M | $98.94M | $164.88M | $134.72M | $142.40M | $147.73M | $149.89M | $184.48M | $156.23M | $146.67M | $136.27M | $142.81M | $142.02M | $144.61M | $143.64M | $121.57M | $122.85M | $103.80M | $99.49M | $43.74M | $94.00M | $91.76M | $136.00M | $96.73M | $90.73M |
| Low Forecast | $135.56M | $126.52M | $117.27M | $104.85M | $98.66M | $88.42M | $98.07M | $109.92M | $124.36M | $122.06M | $146.43M | $99.93M | $182.85M | $104.15M | $146.67M | $90.84M | $95.20M | $94.68M | $96.41M | $95.76M | $81.05M | $81.90M | $69.20M | $66.32M | $29.16M | $62.66M | $61.17M | $90.66M | $64.49M | $60.49M |
| Surprise % | - | - | - | - | - | - | - | - | 0.55% | 1.07% | 0.95% | 1.17% | 0.97% | 1.37% | - | 1.03% | 0.97% | 1.04% | 1.00% | 0.97% | 1.04% | 1.00% | 1.11% | 1.05% | 1.05% | 1.05% | 1.00% | 1.00% | 0.96% | 0.92% |
Valley National Bancorp's average Quarter net income forecast for Mar 24 is $137.40M, with a range of $109.92M to $164.88M. VLY's average Quarter net income forecast represents a 92.03% increase compared to the company's last Quarter net income of $71.55M (Dec 23).
Valley National 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 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 15 |
| SG&A | - | - | - | - | - | - | - | - | - | $134.04M | $160.02M | $154.14M | $136.46M | $141.07M | - | $111.89M | $106.56M | $97.64M | $94.47M | $91.38M | $87.33M | $88.47M | $84.67M | $89.60M | $96.43M | $82.37M | $81.11M | $84.43M | $88.11M | $88.20M |
| Avg Forecast | $137.97M | $134.30M | $130.75M | $127.21M | $128.24M | $125.76M | $123.39M | $17.85M | $125.41M | $126.65M | $132.45M | $16.22M | $141.51M | $103.70M | $119.20M | $14.75M | $110.24M | $94.27M | $94.47M | $94.53M | $83.97M | $88.47M | $76.60M | $85.12M | $92.24M | $78.79M | $81.11M | $84.43M | $92.11M | $95.87M |
| High Forecast | $138.40M | $134.72M | $131.16M | $127.61M | $128.64M | $126.66M | $123.78M | $21.42M | $126.77M | $128.75M | $132.86M | $19.47M | $141.96M | $124.44M | $119.20M | $17.70M | $132.29M | $113.12M | $113.36M | $113.44M | $100.76M | $106.17M | $91.92M | $102.15M | $110.69M | $94.55M | $97.34M | $101.31M | $110.53M | $115.04M |
| Low Forecast | $137.46M | $133.81M | $130.27M | $126.75M | $127.77M | $124.92M | $122.94M | $14.28M | $124.26M | $123.36M | $131.96M | $12.98M | $140.99M | $82.96M | $119.20M | $11.80M | $88.19M | $75.42M | $75.58M | $75.62M | $67.17M | $70.78M | $61.28M | $68.10M | $73.79M | $63.03M | $64.89M | $67.54M | $73.69M | $76.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.06% | 1.21% | 9.50% | 0.96% | 1.36% | - | 7.59% | 0.97% | 1.04% | 1.00% | 0.97% | 1.04% | 1.00% | 1.11% | 1.05% | 1.05% | 1.05% | 1.00% | 1.00% | 0.96% | 0.92% |
Valley National Bancorp's average Quarter SG&A projection for Dec 23 is $125.41M, based on 6 Wall Street analysts, with a range of $124.26M to $126.77M. The forecast indicates a -6.44% fall compared to VLY last annual SG&A of $134.04M (Sep 23).
Valley National 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 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 15 |
| EPS | - | - | - | - | - | - | - | - | $0.14 | $0.27 | $0.27 | $0.28 | $0.34 | $0.35 | - | $0.27 | $0.28 | $0.29 | $0.29 | $0.28 | $0.25 | $0.25 | $0.23 | $0.21 | $0.10 | $0.24 | $0.22 | $0.33 | $0.22 | $0.20 |
| Avg Forecast | $0.27 | $0.25 | $0.23 | $0.21 | $0.19 | $0.18 | $0.19 | $0.20 | $0.25 | $0.26 | $0.29 | $0.33 | $0.36 | $0.34 | $0.29 | $0.28 | $0.29 | $0.30 | $0.29 | $0.28 | $0.25 | $0.25 | $0.21 | $0.20 | $0.23 | $0.23 | $0.23 | $0.22 | $0.23 | $0.25 |
| High Forecast | $0.27 | $0.25 | $0.23 | $0.21 | $0.20 | $0.18 | $0.19 | $0.20 | $0.26 | $0.28 | $0.29 | $0.33 | $0.36 | $0.34 | $0.29 | $0.29 | $0.30 | $0.31 | $0.31 | $0.30 | $0.26 | $0.26 | $0.22 | $0.21 | $0.24 | $0.24 | $0.24 | $0.23 | $0.28 | $0.30 |
| Low Forecast | $0.27 | $0.25 | $0.23 | $0.21 | $0.19 | $0.17 | $0.19 | $0.20 | $0.24 | $0.24 | $0.29 | $0.33 | $0.36 | $0.34 | $0.29 | $0.27 | $0.28 | $0.29 | $0.29 | $0.28 | $0.25 | $0.24 | $0.21 | $0.19 | $0.23 | $0.22 | $0.22 | $0.22 | $0.18 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | 0.55% | 1.04% | 0.94% | 0.84% | 0.94% | 1.03% | - | 0.98% | 0.97% | 0.98% | 0.99% | 0.99% | 0.99% | 1.02% | 1.10% | 1.07% | 0.43% | 1.05% | 0.97% | 1.48% | 0.96% | 0.80% |
According to 3 Wall Street analysts, Valley National Bancorp's projected average Quarter EPS for Mar 24 is $0.20, with a low estimate of $0.20 and a high estimate of $0.20. This represents a 43.39% increase compared to VLY previous annual EPS of $0.14 (Dec 23).
Valley National Bancorp Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| VLY | Valley National Bancorp | $8.52 | $11.50 | 34.98% | Hold |
| WBS | Webster Financial | $44.69 | $59.60 | 33.36% | Buy |
| FNB | F.N.B. | $14.02 | $17.00 | 21.26% | Buy |
| TRMK | Trustmark | $32.19 | $37.50 | 16.50% | Hold |
| UBSI | United Bankshares | $37.10 | $41.00 | 10.51% | Hold |
| FULT | Fulton Financial | $17.83 | $18.50 | 3.76% | Hold |
VLY Forecast FAQ
Is Valley National Bancorp a good buy?
No, according to 5 Wall Street analysts, Valley National Bancorp (VLY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of VLY's total ratings.
What is VLY's price target?
Valley National Bancorp (VLY) average price target is $11.5 with a range of $9 to $14, implying a 34.98% from its last price of $8.52. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Valley National Bancorp stock go up soon?
According to Wall Street analysts' prediction for VLY stock, the company can go up by 34.98% (from the last price of $8.52 to the average price target of $11.5), up by 64.32% based on the highest stock price target, and up by 5.63% based on the lowest stock price target.
Can Valley National Bancorp stock reach $13?
VLY's highest twelve months analyst stock price target of $14 supports the claim that Valley National Bancorp can reach $13 in the near future.
What are Valley National Bancorp's analysts' financial forecasts?
Valley National Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.86B (high $1.87B, low $1.85B), average EBITDA is $791.07M (high $841.35M, low $740.7M), average net income is $428.4M (high $457.08M, low $395.07M), average SG&A $395.23M (high $400.5M, low $389.9M), and average EPS is $0.771 (high $0.774, low $0.759). VLY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.98B (high $1.98B, low $1.97B), average EBITDA is $775.7M (high $778.15M, low $772.86M), average net income is $486.52M (high $488.52M, low $484.2M), average SG&A $530.22M (high $531.9M, low $528.28M), and average EPS is $0.953 (high $0.957, low $0.949).
Did the VLY's actual financial results beat the analysts' financial forecasts?
Based on Valley National Bancorp's last annual report (Dec 2023), the company's revenue was $3.36B, beating the average analysts forecast of $1.95B by 71.87%. Apple's EBITDA was $39.77M, missing the average prediction of $779.77M by -94.90%. The company's net income was $498.51M, missing the average estimation of $533.82M by -6.61%. Apple's SG&A was $0, missing the average forecast of $400.73M by -100.00%. Lastly, the company's EPS was $0.98, missing the average prediction of $1.13 by -13.48%. In terms of the last quarterly report (Dec 2023), Valley National Bancorp's revenue was $871M, beating the average analysts' forecast of $467.49M by 86.31%. The company's EBITDA was $9.7M, missing the average prediction of $183.47M by -94.72%. Valley National Bancorp's net income was $71.55M, missing the average estimation of $129.54M by -44.76%. The company's SG&A was $0, missing the average forecast of $125.41M by -100.00%. Lastly, the company's EPS was $0.14, missing the average prediction of $0.254 by -44.84%