First Citizens BancShares (FCNCA) Stock Forecast & Price Target

$2,110.45

+59.40 (+2.90%)

(As of 07/26/2024 ET)

First Citizens BancShares - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for First Citizens BancShares in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 4 have given a hold rating, and 7 have given a buy rating for FCNCA.

Consensus Price Target

$1,893.55
-10.28% Downside

High Forecast	$2,300.00
Average Forecast	$1,893.55
Low Forecast	$1,520.00

According to the 11 analysts' twelve-month price targets for First Citizens BancShares, the average price target is $1,893.55. The highest price target for FCNCA is $2,300.00, while the lowest price target for FCNCA is $1,520.00. The average price target represents a forecasted downside of -10.28% from the current price of $2,110.45.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	2 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$1,893.55	$1,829.90	$1,829.90	$1,335.33
Forecasted Upside	-10.28% Downside	18.93% Upside	18.93% Upside	30.64% Upside

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FCNCA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FCNCA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

First Citizens BancShares Stock vs. The Competition

Type	First Citizens BancShares	Finance Companies	S&P 500
Consensus Rating Score	2.64	2.45	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-10.28% Downside	35.46% Upside	9.15% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/26/2024	Piper Sandler 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$1,950.00 ➝ $2,150.00	+3.64%
7/26/2024	Keefe, Bruyette & Woods 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$2,100.00 ➝ $2,300.00	+12.14%
7/9/2024	Jefferies Financial Group 2 of 5 stars		Initiated Coverage	Buy	$2,005.00	+18.93%
7/2/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Long Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$1,900.00	+11.48%
4/26/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$1,850.00 ➝ $1,950.00	+11.95%
4/15/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Navas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral	$1,600.00 ➝ $1,650.00	+5.40%
3/21/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$1,950.00	+23.35%
1/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$1,644.00 ➝ $1,754.00	+15.22%
1/29/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$1,800.00	+19.78%
9/29/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$1,520.00	+10.90%
9/20/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$1,850.00	+36.75%
6/28/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$1,775.00	+49.95%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:23 PM ET.

FCNCA Forecast - Frequently Asked Questions

What is First Citizens BancShares' forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for First Citizens BancShares is $1,893.55, with a high forecast of $2,300.00 and a low forecast of $1,520.00.
Should I buy or sell First Citizens BancShares stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Citizens BancShares in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FCNCA shares.
Does First Citizens BancShares's stock price have much upside?: According to analysts, First Citizens BancShares's stock has a predicted upside of 14.74% based on their 12-month stock forecasts.
Has First Citizens BancShares been upgraded by Wall Street analysts recently?: Over the previous 90 days, First Citizens BancShares's stock had 1 upgrade by analysts.
What analysts cover First Citizens BancShares?: First Citizens BancShares has been rated by research analysts at Jefferies Financial Group, Keefe, Bruyette & Woods, Piper Sandler, and Raymond James in the past 90 days.
Do Wall Street analysts like First Citizens BancShares more than its competitors?: Analysts like First Citizens BancShares more than other "finance" companies. The consensus rating for First Citizens BancShares is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how FCNCA compares to other companies.