Shore Bancshares Inc has a consensus price target of $18.38 based on the ratings of 5 analysts. The high is $20 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $16 issued by Piper Sandler on July 11, 2023. The 3 most-recent analyst ratings were released by Hovde Group, Piper Sandler, and Keefe, Bruyette & Woods on November 19, 2025, November 14, 2025, and December 4, 2024, respectively. With an average price target of $19.17 between Hovde Group, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 2.94% upside for Shore Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
| Get Alert | |||||
|---|---|---|---|---|---|
| Nov 19, 2025 | 2.04% | 19 | Previous Initiates Current Outperform | Get Alert | |
| Nov 14, 2025 | -0.64% | 1818.5 | Previous Overweight Current Overweight | Get Alert | |
| Dec 4, 2024 | 7.41% | 1620 | Previous Market Perform Current Outperform | Get Alert | |
| Jul 30, 2024 | — | — | Previous Buy Current Neutral | Get Alert | |
| Jul 26, 2024 | -19.44% | 1315 | Previous Market Perform Current Market Perform | Get Alert | |
| May 3, 2024 | -30.18% | 1314 | Previous Market Perform Current Market Perform | Get Alert | |
| Aug 15, 2023 | — | — | Previous Neutral Current Buy | Get Alert | |
| Jul 11, 2023 | -14.07% | 1622 | Previous Overweight Current Overweight | Get Alert | |
| May 23, 2023 | -24.81% | 1416 | Previous Market Perform Current Market Perform | Get Alert | |
| Apr 6, 2023 | -14.07% | 1618 | Previous Current Market Perform | Get Alert | |
| Mar 3, 2023 | -3.33% | 1822 | Previous Current Market Perform | Get Alert |
The latest price target for Shore Bancshares (NASDAQ:SHBI) was reported by Hovde Group on November 19, 2025. The analyst firm set a price target for $19.00 expecting SHBI to rise to within 12 months (a possible 2.04% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Shore Bancshares (NASDAQ:SHBI) was provided by Hovde Group, and Shore Bancshares initiated their outperform rating.
The last upgrade for Shore Bancshares Inc happened on December 4, 2024 when Keefe, Bruyette & Woods raised their price target to $20. Keefe, Bruyette & Woods previously had a market perform for Shore Bancshares Inc.
The last downgrade for Shore Bancshares Inc happened on July 30, 2024 when Janney Montgomery Scott changed their price target from N/A to N/A for Shore Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shore Bancshares, 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 Shore Bancshares was filed on November 19, 2025 so you should expect the next rating to be made available sometime around November 19, 2026.
While ratings are subjective and will change, the latest Shore Bancshares (SHBI) rating was a initiated with a price target of $0.00 to $19.00. The current price Shore Bancshares (SHBI) is trading at is $18.62, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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