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 12.20% upside from VLY’s last price of $10.25) and a rating consensus of 'Hold', based on 6 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 6 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $9.00. This represents a potential 12.20% upside from VLY's last price of $10.25.
VLY Analyst Ratings
According to 6 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' (16.67%), 5 'Hold' (83.33%), 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 |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Anthony Elian | National Bank | $11.00 | $9.41 | 16.83% | 7.32% |
| Oct 31, 2024 | Jared Shaw | National Bank | $10.00 | $9.69 | 3.20% | -2.44% |
| Sep 24, 2024 | David Chiaverini | Wedbush | $10.00 | $9.09 | 10.01% | -2.44% |
| Aug 05, 2024 | Manan Gosalia | National Bank | $9.50 | $7.88 | 20.63% | -7.32% |
| Jul 26, 2024 | Steven Duong | RBC Capital | $9.00 | $8.24 | 9.22% | -12.20% |
| Jun 22, 2024 | Benjamin Gerlinger | National Bank | $7.00 | $6.58 | 6.38% | -31.71% |
| Sep 27, 2023 | Manan Gosalia | National Bank | $8.50 | $8.39 | 1.31% | -17.07% |
| Dec 21, 2022 | - | Raymond James | $14.00 | $11.22 | 24.78% | 36.59% |
| Dec 13, 2022 | - | J.P. Morgan | $12.00 | $11.56 | 3.76% | 17.07% |
| May 03, 2022 | - | Citigroup | $13.00 | $12.04 | 8.02% | 26.83% |
The latest Valley National Bancorp stock forecast, released on Nov 11, 2024 by Anthony Elian from National Bank, set a price target of $11.00, which represents a 16.83% increase from the stock price at the time of the forecast ($9.41), and a 7.32% increase from VLY last price ($10.25).
Valley National Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $10.50 | $10.33 | $9.42 |
| Last Closing Price | $10.25 | $10.25 | $10.25 |
| Upside/Downside | 2.44% | 0.78% | -8.10% |
In the current month, the average price target of Valley National Bancorp stock is $10.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 2.44% increase as opposed to Valley National Bancorp's last price of $10.25. This month's average price target is up 1.65% compared to last quarter, and up 11.46% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Barclays | Underweight | Equal-Weight | Upgrade |
| Sep 30, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 26, 2024 | Barclays | Underweight | Underweight | Hold |
| Sep 24, 2024 | Wedbush | Neutral | Neutral | Hold |
| Jul 26, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Jul 26, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jul 26, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 26, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 24, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Jun 22, 2024 | Citigroup | Neutral | Neutral | Hold |
Valley National Bancorp's last stock rating was published by Barclays on Oct 31, 2024. The company Upgrade its VLY rating from "Underweight" to "Equal-Weight".
Valley National Bancorp Financial Forecast
Valley National Bancorp 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 | - | - | - | - | - | - | - | - | - | - | - | - | $871.00M | $463.72M | $480.12M | $485.33M | $518.66M | $510.00M | $476.41M | $16.42M | $353.43M | $343.42M | $344.06M | $324.26M | $335.51M | $332.47M | $327.35M | $305.98M | $276.63M | $261.77M |
| Avg Forecast | $543.38M | $535.71M | $524.96M | $515.73M | $514.44M | $502.19M | $485.53M | $474.22M | $466.57M | $467.96M | $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 |
| High Forecast | $550.50M | $542.72M | $531.84M | $522.48M | $521.18M | $508.77M | $491.89M | $482.05M | $471.74M | $468.36M | $460.34M | $451.50M | $472.58M | $479.95M | $500.19M | $527.13M | $534.42M | $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 |
| Low Forecast | $538.58M | $530.98M | $520.33M | $511.18M | $509.90M | $497.76M | $481.24M | $469.14M | $462.93M | $467.56M | $459.61M | $451.50M | $463.20M | $459.86M | $489.37M | $515.72M | $522.86M | $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 |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.86% | 0.98% | 0.97% | 0.93% | 0.98% | 1.02% | 1.07% | 0.05% | 1.03% | 1.01% | 1.02% | 0.97% | 1.02% | 1.01% | 1.07% | 1.07% | 1.05% | 1.03% |
Valley National Bancorp's average Quarter revenue forecast for Mar 24 based on 3 analysts is $451.50M, with a low forecast of $451.50M, and a high forecast of $451.50M. 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 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $9.70M | $204.57M | $200.63M | $498.44M | $436.77M | $367.40M | $179.15M | $197.49M | $201.20M | $211.19M | $215.42M | $214.02M | $209.23M | $216.27M | $216.59M | $235.06M | $200.20M | $233.62M |
| Avg Forecast | $245.22M | $241.76M | $236.91M | $232.74M | $232.16M | $226.63M | $219.11M | $214.00M | $210.55M | $211.18M | $207.58M | $238.97M | $210.97M | $213.06M | $222.81M | $217.24M | $228.95M | $196.99M | $174.39M | $197.49M | $135.02M | $133.14M | $132.47M | $221.40M | $129.52M | $129.18M | $120.19M | $223.30M | $103.39M | $99.97M |
| High Forecast | $248.43M | $244.92M | $240.01M | $235.79M | $235.20M | $229.60M | $221.98M | $217.54M | $212.89M | $211.36M | $207.74M | $286.76M | $213.27M | $216.59M | $225.73M | $260.69M | $274.74M | $196.99M | $174.39M | $236.99M | $135.02M | $133.14M | $132.47M | $265.68M | $129.52M | $129.18M | $120.19M | $267.96M | $103.39M | $99.97M |
| Low Forecast | $243.05M | $239.62M | $234.81M | $230.68M | $230.11M | $224.63M | $217.18M | $211.71M | $208.91M | $211.00M | $207.41M | $191.17M | $209.03M | $207.52M | $220.84M | $173.79M | $183.16M | $196.99M | $174.39M | $157.99M | $135.02M | $133.14M | $132.47M | $177.12M | $129.52M | $129.18M | $120.19M | $178.64M | $103.39M | $99.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.05% | 0.96% | 0.90% | 2.29% | 1.91% | 1.87% | 1.03% | 1.00% | 1.49% | 1.59% | 1.63% | 0.97% | 1.62% | 1.67% | 1.80% | 1.05% | 1.94% | 2.34% |
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 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $71.55M | $141.35M | $139.06M | $146.55M | $177.59M | $178.12M | $96.41M | $116.73M | $115.04M | $122.58M | $120.51M | $115.71M | $105.36M | $102.37M | $95.60M | $87.27M | $38.10M | $81.89M |
| Avg Forecast | $150.33M | $142.15M | $133.97M | $126.81M | $132.44M | $121.71M | $110.69M | $100.35M | $78.26M | $90.84M | $98.73M | $137.40M | $129.79M | $132.49M | $147.42M | $124.91M | $130.91M | $172.83M | $146.59M | $113.56M | $147.27M | $150.67M | $149.77M | $119.70M | $128.51M | $125.23M | $107.04M | $82.90M | $118.18M | $116.96M |
| High Forecast | $152.89M | $144.57M | $136.25M | $128.97M | $134.69M | $123.79M | $112.57M | $120.42M | $83.15M | $92.72M | $99.22M | $164.88M | $134.98M | $142.69M | $149.93M | $149.89M | $157.09M | $172.83M | $146.59M | $136.27M | $147.27M | $150.67M | $149.77M | $143.64M | $128.51M | $125.23M | $107.04M | $99.49M | $118.18M | $116.96M |
| Low Forecast | $148.61M | $140.52M | $132.43M | $125.36M | $130.92M | $120.32M | $109.42M | $90.31M | $73.37M | $88.96M | $98.24M | $109.92M | $124.60M | $122.30M | $145.73M | $99.93M | $104.72M | $172.83M | $146.59M | $90.84M | $147.27M | $150.67M | $149.77M | $95.76M | $128.51M | $125.23M | $107.04M | $66.32M | $118.18M | $116.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 1.07% | 0.94% | 1.17% | 1.36% | 1.03% | 0.66% | 1.03% | 0.78% | 0.81% | 0.80% | 0.97% | 0.82% | 0.82% | 0.89% | 1.05% | 0.32% | 0.70% |
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 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $134.04M | $160.02M | $154.14M | $136.46M | $141.07M | $160.15M | $111.89M | $106.56M | $97.64M | $94.47M | $91.38M | $87.33M | $88.47M | $84.67M | $89.60M | $96.43M | $82.37M |
| Avg Forecast | $178.43M | $175.91M | $172.38M | $169.35M | $168.93M | $164.91M | $159.43M | $155.72M | $153.21M | $153.66M | $151.04M | $17.85M | $153.51M | $155.03M | $162.13M | $16.22M | $121.26M | $134.65M | $119.20M | $14.75M | $92.29M | $91.01M | $90.55M | $94.53M | $88.53M | $88.30M | $82.16M | $85.12M | $70.67M | $68.34M |
| High Forecast | $180.77M | $178.21M | $174.64M | $171.57M | $171.14M | $167.06M | $161.52M | $158.29M | $154.91M | $153.79M | $151.16M | $21.42M | $155.18M | $157.60M | $164.25M | $19.47M | $145.51M | $134.65M | $119.20M | $17.70M | $92.29M | $91.01M | $90.55M | $113.44M | $88.53M | $88.30M | $82.16M | $102.15M | $70.67M | $68.34M |
| Low Forecast | $176.85M | $174.36M | $170.86M | $167.85M | $167.43M | $163.45M | $158.03M | $154.05M | $152.01M | $153.53M | $150.92M | $14.28M | $152.10M | $151.00M | $160.69M | $12.98M | $97.01M | $134.65M | $119.20M | $11.80M | $92.29M | $91.01M | $90.55M | $75.62M | $88.53M | $88.30M | $82.16M | $68.10M | $70.67M | $68.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.99% | 9.50% | 1.13% | 1.05% | 1.34% | 7.59% | 1.15% | 1.07% | 1.04% | 0.97% | 0.99% | 1.00% | 1.03% | 1.05% | 1.36% | 1.21% |
Valley National Bancorp's average Quarter SG&A projection for Dec 23 is $153.51M, based on 6 Wall Street analysts, with a range of $152.10M to $155.18M. The forecast indicates a 14.53% rise compared to VLY last annual SG&A of $134.04M (Sep 23).
Valley National Bancorp 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 3 | 3 | 6 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.14 | $0.27 | $0.27 | $0.28 | $0.34 | $0.35 | $0.18 | $0.27 | $0.28 | $0.29 | $0.29 | $0.28 | $0.25 | $0.25 | $0.23 | $0.21 | $0.10 | $0.24 |
| Avg Forecast | $0.29 | $0.28 | $0.26 | $0.25 | $0.26 | $0.24 | $0.22 | $0.20 | $0.15 | $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 |
| High Forecast | $0.30 | $0.28 | $0.27 | $0.25 | $0.26 | $0.24 | $0.22 | $0.24 | $0.16 | $0.18 | $0.19 | $0.20 | $0.26 | $0.28 | $0.29 | $0.34 | $0.37 | $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 |
| Low Forecast | $0.29 | $0.27 | $0.26 | $0.25 | $0.26 | $0.24 | $0.21 | $0.18 | $0.14 | $0.17 | $0.19 | $0.20 | $0.24 | $0.24 | $0.28 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 1.04% | 0.94% | 0.84% | 0.94% | 1.03% | 0.63% | 0.98% | 0.97% | 0.98% | 0.99% | 0.99% | 0.99% | 1.02% | 1.10% | 1.07% | 0.43% | 1.05% |
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 | $10.25 | $11.50 | 12.20% | Hold |
| FNB | F.N.B. | $16.76 | $17.50 | 4.42% | Buy |
| WBS | Webster Financial | $60.49 | $60.17 | -0.53% | Buy |
| UBSI | United Bankshares | $41.74 | $41.00 | -1.77% | Hold |
| TRMK | Trustmark | $38.20 | $37.50 | -1.83% | Hold |
| FULT | Fulton Financial | $21.24 | $19.40 | -8.66% | Hold |