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First Foundation Inc has a consensus price target of $9.93 based on the ratings of 7 analysts. The high is $21 issued by B. Riley Securities on July 11, 2022. The low is $5 issued by Wedbush on July 3, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Piper Sandler, and Wedbush on July 26, 2024, July 3, 2024, and July 3, 2024, respectively. With an average price target of $6 between Stephens & Co., Piper Sandler, and Wedbush, there's an implied -22.68% downside for First Foundation Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for First Foundation (NYSE:FFWM) was reported by Stephens & Co. on July 26, 2024. The analyst firm set a price target for $7.00 expecting FFWM to fall to within 12 months (a possible -9.79% downside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for First Foundation (NYSE:FFWM) was provided by Stephens & Co., and First Foundation maintained their equal-weight rating.
The last upgrade for First Foundation Inc happened on July 3, 2024 when DA Davidson raised their price target to $9. DA Davidson previously had a neutral for First Foundation Inc.
The last downgrade for First Foundation Inc happened on November 3, 2023 when Wedbush changed their price target from $7 to $6 for First Foundation Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Foundation, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for First Foundation was filed on July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.
While ratings are subjective and will change, the latest First Foundation (FFWM) rating was a maintained with a price target of $6.00 to $7.00. The current price First Foundation (FFWM) is trading at is $7.76, which is out of the analyst’s predicted range.
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