Popular (NASDAQ:BPOP) Price Target Raised to $177.00

Key Points

• Keefe, Bruyette & Woods raised its price target on Popular to $177 (from $155) with an "outperform" rating, implying about a 19.6% upside
• Q1 results showed earnings strength—EPS of $3.78 beat the $3.30 estimate and net income rose ~38%—but revenue of ~$822.6M missed consensus (~$866.5M), leaving topline growth a near-term concern; analysts still expect ~14.32 FY EPS.
• Shares traded at $148 on Friday with a market cap of $9.62B and a P/E of 12.01 (1‑year range $92.93–$151.99); insiders have recently sold stakes while institutional investors own about 87.3% of the stock.

Popular (NASDAQ:BPOP - Get Free Report) had its target price raised by stock analysts at Keefe, Bruyette & Woods from $155.00 to $177.00 in a research note issued on Friday,Benzinga reports. The firm currently has an "outperform" rating on the bank's stock. Keefe, Bruyette & Woods' target price would indicate a potential upside of 19.59% from the stock's previous close.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings reissued a "buy (b)" rating on shares of Popular in a research report on Wednesday, January 21st. Royal Bank Of Canada boosted their price target on Popular from $141.00 to $163.00 and gave the company an "outperform" rating in a research report on Friday. Bank of America raised Popular from a "neutral" rating to a "buy" rating and set a $156.00 price target for the company in a research report on Tuesday, February 3rd. UBS Group reissued a "buy" rating and set a $170.00 price target on shares of Popular in a research report on Friday. Finally, Wells Fargo & Company boosted their price target on Popular from $135.00 to $163.00 and gave the company an "overweight" rating in a research report on Monday, March 30th. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $168.00.

Popular Stock Performance

Popular stock traded down $1.27 during trading on Friday, hitting $148.00. The company's stock had a trading volume of 113,443 shares, compared to its average volume of 560,924. The stock has a market capitalization of $9.62 billion, a price-to-earnings ratio of 12.01, a P/E/G ratio of 0.78 and a beta of 0.59. The stock's fifty day moving average is $138.44 and its 200 day moving average is $128.14. Popular has a 1-year low of $92.93 and a 1-year high of $151.99.

Popular (NASDAQ:BPOP - Get Free Report) last released its earnings results on Thursday, April 23rd. The bank reported $3.78 EPS for the quarter, beating the consensus estimate of $3.30 by $0.48. The firm had revenue of $822.63 million during the quarter, compared to analyst estimates of $866.54 million. Popular had a return on equity of 13.70% and a net margin of 18.75%.During the same period in the prior year, the firm posted $2.56 earnings per share. On average, research analysts anticipate that Popular will post 14.32 EPS for the current fiscal year.

Insider Activity

In other news, Director Alejandro M. Sanchez sold 1,451 shares of the company's stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $140.85, for a total value of $204,373.35. Following the completion of the sale, the director owned 3,415 shares of the company's stock, valued at $481,002.75. This represents a 29.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alejandro M. Ballester sold 2,360 shares of the company's stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $132.50, for a total value of $312,700.00. Following the completion of the sale, the director directly owned 57,449 shares of the company's stock, valued at $7,611,992.50. The trade was a 3.95% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.13% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BPOP. Lighthouse Investment Partners LLC raised its stake in Popular by 140.1% during the third quarter. Lighthouse Investment Partners LLC now owns 45,170 shares of the bank's stock valued at $5,737,000 after buying an additional 26,354 shares in the last quarter. Ceeto Capital Group LLC acquired a new stake in Popular during the third quarter valued at approximately $29,115,000. Savant Capital LLC raised its stake in Popular by 68.6% during the third quarter. Savant Capital LLC now owns 17,309 shares of the bank's stock valued at $2,198,000 after buying an additional 7,043 shares in the last quarter. Ethic Inc. acquired a new stake in Popular during the third quarter valued at approximately $653,000. Finally, Allianz Asset Management GmbH raised its stake in Popular by 13.4% during the third quarter. Allianz Asset Management GmbH now owns 77,807 shares of the bank's stock valued at $9,882,000 after buying an additional 9,180 shares in the last quarter. Hedge funds and other institutional investors own 87.27% of the company's stock.

Key Stories Impacting Popular

Here are the key news stories impacting Popular this week:

• Positive Sentiment: Q1 profit and EPS beat — Net income rose ~38% and GAAP EPS was $3.78 vs. Street $3.30, signaling strong profitability and driving better-than-expected bottom-line results. Popular, Inc. Reports Strong Q1 2026 Results: Net Income Jumps 38%, Earnings Per Share Rise 48%
• Positive Sentiment: Operational momentum — Management highlighted deposit growth, disciplined cost control and targeted strategic investments that support profitable, measured expansion. These items support medium-term earnings resilience. BPOP Q1 deep dive: Deposit growth, cost control, and strategic investments shape outlook
• Neutral Sentiment: Dive resources available — The full earnings call transcript and slide deck provide detail on loan/deposit trends and capital deployment that investors should review before repositioning. Popular BPOP Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Key metrics and outlook — Return on equity (~13.7%) and net margin (~18.8%) improved; analysts still expect ~14.32 FY EPS but will watch revenue/loan growth and expense trajectory for revisions. Popular (BPOP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
• Negative Sentiment: Revenue shortfall — Q1 revenue of ~$822.6M missed consensus (~$866.5M), which may cap upside as investors question growth sustainability and near-term topline momentum. Popular stock rises 2% on exceeding profit forecasts, despite revenue miss

About Popular

Popular, Inc, headquartered in San Juan, Puerto Rico, is a financial holding company and a leading provider of banking services in the United States mainland and Puerto Rico. Through its primary subsidiaries—Banco Popular de Puerto Rico and Popular Bank—the company delivers comprehensive commercial and consumer banking solutions. It offers deposit products, lending facilities, cash management services and payment-processing solutions designed for individuals, small businesses and large corporations.

The company's product suite encompasses checking and savings accounts, certificates of deposit, residential and commercial mortgage loans, business lines of credit and credit cards.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.