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First Bancorp has a consensus price target of $41.33 based on the ratings of 8 analysts. The high is $56 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $32 issued by Piper Sandler on October 26, 2023. The 3 most-recent analyst ratings were released by Stephens & Co., Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods on March 26, 2025, December 4, 2024, and July 25, 2024, respectively. With an average price target of $49.67 between Stephens & Co., Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods, there's an implied 23.15% upside for First Bancorp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/26/2025 | Buy Now | 19.02% | Stephens & Co. | Russell Gunther43% | → $48 | Initiates | → Overweight | Get Alert |
02/07/2025 | Buy Now | — | Janney Montgomery Scott | Christopher Marinac53% | — | Downgrade | Buy → Neutral | Get Alert |
12/04/2024 | Buy Now | 38.85% | Keefe, Bruyette & Woods | Wood Lay69% | $49 → $56 | Maintains | Outperform | Get Alert |
07/25/2024 | Buy Now | 11.58% | Keefe, Bruyette & Woods | Wood Lay69% | $40 → $45 | Maintains | Outperform | Get Alert |
10/26/2023 | Buy Now | -20.65% | Piper Sandler | Stephen Scouten72% | $34 → $32 | Maintains | Overweight | Get Alert |
09/14/2023 | Buy Now | -15.7% | DA Davidson | Kevin Fitzsimmons67% | $36.5 → $34 | Upgrade | Neutral → Buy | Get Alert |
07/31/2023 | Buy Now | — | Raymond James | Daniel Tamayo60% | — | Downgrade | Outperform → Market Perform | Get Alert |
07/27/2023 | Buy Now | -8.26% | Keefe, Bruyette & Woods | Brady Gailey78% | $40 → $37 | Maintains | Outperform | Get Alert |
05/01/2023 | Buy Now | -10.74% | Raymond James | Daniel Tamayo60% | $43 → $36 | Maintains | Outperform | Get Alert |
04/27/2023 | Buy Now | -3.3% | Piper Sandler | Stephen Scouten72% | $44 → $39 | Maintains | Overweight | Get Alert |
04/27/2023 | Buy Now | 4.14% | Keefe, Bruyette & Woods | Brady Gailey78% | $46 → $42 | Maintains | Outperform | Get Alert |
04/06/2023 | Buy Now | 6.62% | Raymond James | Daniel Tamayo60% | $45 → $43 | Maintains | Outperform | Get Alert |
01/30/2023 | Buy Now | 11.58% | Raymond James | Daniel Tamayo60% | $49 → $45 | Maintains | Market Outperform | Get Alert |
01/26/2023 | Buy Now | 11.58% | Piper Sandler | Stephen Scouten72% | $49 → $45 | Maintains | Overweight | Get Alert |
10/31/2022 | Buy Now | 21.5% | Raymond James | Daniel Tamayo60% | $41 → $49 | Maintains | Outperform | Get Alert |
10/06/2022 | Buy Now | 1.66% | Raymond James | David Long68% | $43 → $41 | Maintains | Outperform | Get Alert |
08/18/2022 | Buy Now | 16.54% | Piper Sandler | Stephen Scouten72% | $49 → $47 | Upgrade | Neutral → Overweight | Get Alert |
08/01/2022 | Buy Now | 4.14% | DA Davidson | Kevin Fitzsimmons67% | $43 → $42 | Downgrade | Buy → Neutral | Get Alert |
08/01/2022 | Buy Now | 6.62% | Raymond James | Daniel Tamayo60% | $40 → $43 | Maintains | Outperform | Get Alert |
06/23/2022 | Buy Now | -0.82% | Raymond James | Daniel Tamayo60% | $44 → $40 | Maintains | Outperform | Get Alert |
05/02/2022 | Buy Now | 9.1% | Raymond James | Daniel Tamayo60% | $49 → $44 | Maintains | Outperform | Get Alert |
The latest price target for First Bancorp (NASDAQ:FBNC) was reported by Stephens & Co. on March 26, 2025. The analyst firm set a price target for $48.00 expecting FBNC to rise to within 12 months (a possible 19.02% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for First Bancorp (NASDAQ:FBNC) was provided by Stephens & Co., and First Bancorp initiated their overweight rating.
The last upgrade for First Bancorp happened on September 14, 2023 when DA Davidson raised their price target to $34. DA Davidson previously had a neutral for First Bancorp.
The last downgrade for First Bancorp happened on February 7, 2025 when Janney Montgomery Scott changed their price target from N/A to N/A for First Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Bancorp, 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 Bancorp was filed on March 26, 2025 so you should expect the next rating to be made available sometime around March 26, 2026.
While ratings are subjective and will change, the latest First Bancorp (FBNC) rating was a initiated with a price target of $0.00 to $48.00. The current price First Bancorp (FBNC) is trading at is $40.33, which is within the analyst’s predicted range.
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