CONNECTONE BANCORP INC (CNOB) Forecast, Price Target & Analyst Ratings

Q: What is the average price target for CONNECTONE BANCORP INC (CNOB) stock?

11 analysts have analysed CNOB and the average price target is 31.93 USD. This implies a price increase of 9.67% is expected in the next year compared to the current price of 29.11.

NASDAQ:CNOB • US20786W1071

29.11 USD

+0.18 (+0.62%)

Last: Apr 24, 2026, 11:17 AM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CONNECTONE BANCORP INC (CNOB).

Consensus Price Target

Price Target

$31.93

+ 9.67% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: N/A
Period: Q2 / 2026
EPS Estimate: $0.79
Revenue Estimate: 118.12M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

85.45%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$31.93

Upside

+ 9.67%

From current price of $29.11 to mean target of $31.93, Based on 11 analyst forecasts

Low

$30.81

Median

$31.62

High

$33.60

Price Target Revisions

1 Month

-1.26%

3 Months

3.64%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for CNOB. The average price target is 31.93 USD. This implies a price increase of 9.67% is expected in the next year compared to the current price of 29.11.

The average price target has been revised upward by 3.64% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

85.45%

CNOB was analyzed by 11 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about CNOB.

In the previous month the buy percentage consensus was at a similar level.

CNOB was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2026-01-30	Keefe, Bruyette & Woods	Maintains	Outperform -> Outperform
2025-04-25	Keefe, Bruyette & Woods	Maintains	Outperform -> Outperform
2025-03-26	Keefe, Bruyette & Woods	Upgrade	Market Perform -> Outperform
2024-12-04	Keefe, Bruyette & Woods	Maintains	Market Perform -> Market Perform
2024-07-26	Keefe, Bruyette & Woods	Reiterate	Market Perform -> Market Perform
2024-07-26	Piper Sandler	Maintains	Overweight -> Overweight
2024-05-31	Keefe, Bruyette & Woods	Downgrade	Outperform -> Market Perform
2024-04-26	Keefe, Bruyette & Woods	Reiterate	Outperform -> Outperform
2024-01-29	Raymond James	Maintains	Strong Buy -> Strong Buy
2024-01-26	Keefe, Bruyette & Woods	Maintains	Outperform -> Outperform
2024-01-26	Piper Sandler	Maintains	Overweight -> Overweight
2023-07-31	Raymond James	Upgrade	Market Perform -> Strong Buy
2023-05-01	Keefe, Bruyette & Woods	Maintains	Outperform
2023-04-06	Keefe, Bruyette & Woods	Maintains	Outperform
2023-01-30	Stephens & Co.	Maintains	Overweight
2022-08-02	Stephens & Co.	Maintains	Overweight
2022-07-07	Raymond James	Maintains	Outperform
2022-04-29	Raymond James	Maintains	Outperform
2022-01-31	Raymond James	Downgrade	Strong Buy -> Outperform
2021-07-30	Raymond James	Maintains	Strong Buy
2021-02-18	Seaport Global	Initiate	Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date: N/A
Period: Q2 / 2026
EPS Estimate: $0.79
Revenue Estimate: 118.12M
Revenue Q2Q: 49.74%
EPS Q2Q: 44.10%
Number of Analysts: 7

Next Earnings Revisions

Revenue (1 Month)

0.00%

Revenue (3 Months)

-0.38%

EPS (1 Month)

-1.09%

EPS (3 Months)

-3.26%

Next Earnings Summary

The next earnings revenue estimate has been revised downward by 0.38% in the past 3 months.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2023	2024	2025	2026	2027
Revenue YoY % growth	269.107M -14.65%	264.065M -1.87%	388.316M 47.05%	478.13M 23.13%	512.88M 7.27%
EBITDA YoY % growth	N/A	N/A	N/A	N/A	N/A
EBIT YoY % growth	N/A -33.94%	N/A -10.30%	N/A 64.03%	259.73M 34.23%	282.68M 8.84%
Operating Margin	N/A	N/A	N/A	54.32%	55.12%
EPS YoY % growth	2.07 -31.46%	1.82 -12.08%	2.59 42.31%	3.26 25.73%	3.64 11.81%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q2 / 26	Q3 / 26	Q4 / 26	Q1 / 27	Q2 / 27	Q3 / 27	Q4 / 27
EPS Q2Q % growth	0.79 44.10%	0.84 20.45%	0.88 5.69%	0.85 7.40%	0.89 12.41%	0.93 10.28%	0.95 8.58%
Revenue Q2Q % growth	118.12M 49.74%	122.15M 22.21%	123.83M 16.17%	123.32M 6.68%	126.86M 7.40%	130.23M 6.61%	132.22M 6.78%
EBITDA Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	63.682M 64.88%	67.422M 17.83%	69.02M 12.59%	67.354M 13.07%	69.7M 9.45%	72.148M 7.01%	73.1M 5.91%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

N/A

EPS Next 5 Year

N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

N/A

Revenue Next 5 Year

N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CONNECTONE BANCORP INC / CNOB Forecast FAQ

What is the average price target for CONNECTONE BANCORP INC (CNOB) stock?

11 analysts have analysed CNOB and the average price target is 31.93 USD. This implies a price increase of 9.67% is expected in the next year compared to the current price of 29.11.

What are the consensus estimates for CNOB stock next earnings?

The consensus EPS estimate for the next earnings of CONNECTONE BANCORP INC (CNOB) is 0.79 USD and the consensus revenue estimate is 118.12M USD.

How many analysts cover CONNECTONE BANCORP INC (CNOB) stock?

The number of analysts covering CONNECTONE BANCORP INC (CNOB) is 11.

Analyst forecast overview

Forecast Snapshot