California Bancorp
(NASDAQ:CALB)
$20.76
-0.55[-2.58%]
At close: Jun 21
$20.76
0[0.00%]
After Hours: 4:00PM EDT
Consensus Rating1
Overweight
Highest Price Target1
$31.00
Lowest Price Target1
$23.00
Consensus Price Target1
$26.25

California Bancorp (NASDAQ:CALB) Stock, Analyst Ratings, Price Targets, Predictions

California Bancorp has a consensus price target of $26.25, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Keefe, Bruyette & Woods, Truist Securities, and DA Davidson on May 6, 2024, May 6, 2024, and May 1, 2024. With an average price target of $26.67 between Keefe, Bruyette & Woods, Truist Securities, and DA Davidson, there's an implied 28.45% upside for California Bancorp from these 3 analyst ratings.

Analyst Trends and Forecast
1
Apr
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
Truist Securities
DA Davidson
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for California Bancorp

Buy NowGet Alert
05/06/2024Buy Now10.79%Keefe, Bruyette & Woods
Wood Lay
$23.5 → $23MaintainsOutperformGet Alert
05/06/2024Buy Now25.24%Truist Securities
Nathan Race
$27 → $26ReiteratesOverweight → OverweightGet Alert
05/01/2024Buy Now49.33%DA Davidson
Gary Tenner
$36 → $31MaintainsBuyGet Alert
04/05/2024Buy Now13.2%Keefe, Bruyette & Woods
Wood Lay
$26.5 → $23.5MaintainsOutperformGet Alert
11/01/2023Buy Now20.42%Piper Sandler
Nicholas Cucharale
$24 → $25MaintainsOverweightGet Alert
08/02/2023Buy NowKeefe, Bruyette & Woods
Wood Lay
UpgradeMarket Perform → OutperformGet Alert
07/31/2023Buy Now10.79%Piper Sandler
Nicholas Cucharale
$19 → $23MaintainsOverweightGet Alert
07/11/2023Buy Now-8.48%Piper Sandler
Nicholas Cucharale
→ $19Assumes → OverweightGet Alert
06/21/2023Buy Now20.42%DA Davidson
Gary Tenner
→ $25Initiates → BuyGet Alert
12/19/2022Buy Now39.69%Keefe, Bruyette & Woods
Wood Lay
→ $29Initiates → Market PerformGet Alert
07/12/2022Buy Now5.97%Piper Sandler
Nicholas Cucharale
→ $22Initiates → OverweightGet Alert

FAQ

Q

What is the target price for California Bancorp (CALB) stock?

A

The latest price target for California Bancorp (NASDAQ:CALB) was reported by Keefe, Bruyette & Woods on May 6, 2024. The analyst firm set a price target for $23.00 expecting CALB to rise to within 12 months (a possible 10.79% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for California Bancorp (CALB)?

A

The latest analyst rating for California Bancorp (NASDAQ:CALB) was provided by Keefe, Bruyette & Woods, and California Bancorp maintained their outperform rating.

Q

When was the last upgrade for California Bancorp (CALB)?

A

The last upgrade for California Bancorp happened on August 2, 2023 when Keefe, Bruyette & Woods raised their price target to N/A. Keefe, Bruyette & Woods previously had a market perform for California Bancorp.

Q

When was the last downgrade for California Bancorp (CALB)?

A

There is no last downgrade for California Bancorp.

Q

When is the next analyst rating going to be posted or updated for California Bancorp (CALB)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of California 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 California Bancorp was filed on May 6, 2024 so you should expect the next rating to be made available sometime around May 6, 2025.

Q

Is the Analyst Rating California Bancorp (CALB) correct?

A

While ratings are subjective and will change, the latest California Bancorp (CALB) rating was a maintained with a price target of $23.50 to $23.00. The current price California Bancorp (CALB) is trading at is $20.76, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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