Avidbank (NASDAQ:AVBH) Price Target Raised to $31.50

Key Points

• DA Davidson has increased its price target for Avidbank (NASDAQ:AVBH) from $27.00 to $31.50, indicating a potential upside of 25% from the current stock price.
• Piper Sandler also initiated coverage on Avidbank with an "overweight" rating and a $31.00 price target, contributing to a consensus "Buy" rating among analysts.
• Avidbank's shares have experienced a slight uptick of 0.4%, trading at $25.20 during mid-day on Tuesday, with a market capitalization of $265.15 million.

Avidbank (NASDAQ:AVBH - Free Report) had its target price upped by DA Davidson from $27.00 to $31.50 in a research report sent to investors on Tuesday morning, Marketbeat reports. The firm currently has a buy rating on the stock. DA Davidson also issued estimates for Avidbank's Q3 2025 earnings at $0.75 EPS, FY2025 earnings at $2.99 EPS and FY2026 earnings at $3.10 EPS.

Separately, Piper Sandler started coverage on Avidbank in a report on Tuesday, September 2nd. They set an "overweight" rating and a $31.00 target price for the company. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $31.25.

Avidbank Stock Performance

Shares of AVBH traded down $0.20 during trading hours on Tuesday, hitting $25.05. The stock had a trading volume of 16,699 shares, compared to its average volume of 66,612. Avidbank has a 52 week low of $19.32 and a 52 week high of $26.59. The firm has a market cap of $263.53 million, a price-to-earnings ratio of 8.16 and a beta of 0.59.

Avidbank (NASDAQ:AVBH - Get Free Report) last announced its quarterly earnings results on Monday, August 25th. The company reported $0.75 earnings per share for the quarter, meeting analysts' consensus estimates of $0.75. The firm had revenue of $21.83 million during the quarter.

About Avidbank

Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to small and middle-market businesses, professionals, and individuals in the Santa Clara, San Mateo, and San Francisco counties. It offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.