First Bancorp (FBNC)

First Bancorp Stock Forecast

Stock Price Forecast

According to 3 professional analysts, the 12-month price target for First Bancorp stock ranges from a low of $48 to a high of $50. The average analyst price target of $49.33 forecasts a 12.75% increase in the stock price over the next year.

Price Target: $49.33 (+12.75%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$48	$49.33	$50	$50
Change	+9.71%	+12.75%	+14.29%	+14.29%

* Price targets were last updated on May 13, 2025.

Analyst Ratings

The average analyst rating for First Bancorp stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	2	2	2	2
Hold	0	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	2	3	3	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Scouten Piper Sandler	Piper Sandler	Hold Initiates $48	Hold	Initiates	$48	+9.71%	May 13, 2025
Russell Gunther Stephens & Co.	Stephens & Co.	Buy Maintains $48 → $50	Buy	Maintains	$48 → $50	+14.29%	Apr 28, 2025
Wood Lay Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Maintains $51 → $50	Buy	Maintains	$51 → $50	+14.29%	Apr 24, 2025
Russell Gunther Stephens & Co.	Stephens & Co.	Buy Initiates $48	Buy	Initiates	$48	+9.71%	Mar 26, 2025
Christopher Marinac Janney Montgomery Scott	Janney Montgomery Scott	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Feb 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

449.07M

Increased by 34.56%

from 333.72M

Revenue Next Year

477.58M

Increased by 6.35%

from 449.07M

EPS This Year

3.64

Increased by 97.34%

from 1.84

EPS Next Year

3.87

Increased by 6.24%

from 3.64

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	264.43M	304.98M	370.49M	386.34M	333.72M	449.07M	477.58M
Revenue Growth	-3.31%	15.33%	21.48%	4.28%	-13.62%	34.56%	6.35%
EPS	2.81	3.19	4.12	2.53	1.84	3.64	3.87
EPS Growth	-9.23%	13.30%	29.31%	-38.58%	-27.10%	97.34%	6.24%
Forward PE	-	-	-	-	-	12.02	11.31
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	465.2M	501.2M
Avg	449.1M	477.6M
Low	426.9M	446.7M

Revenue Growth

Revenue Growth	2025	2026
High	39.4%	11.6%
Avg	34.6%	6.3%
Low	27.9%	-0.5%

EPS Forecast

EPS	2025	2026
High	3.82	4.11
Avg	3.64	3.87
Low	3.38	3.58

EPS Growth

EPS Growth	2025	2026
High	107.2%	12.8%
Avg	97.3%	6.2%
Low	83.3%	-1.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.