Stock Price Prediction

Camden National Corporation (CAC) has a bullish outlook with a price target of $53, as reiterated by Raymond James analyst Steve Moss on January 29, 2025. This represents a 15.57% upside from its current price of $45.85, driven by strong fundamentals, recent merger synergies, and positive earnings growth expectations.

Bearish sentiment on CAC stock stems from its limited upside potential, with the current price at $42.29 and a target of $50-$53, reflecting only a 15.57% increase. The stock's valuation, with a P/E ratio of 12.25, is attractive but lacks significant growth catalysts. Additionally, technical sentiment indicates a "Strong Sell," suggesting potential downward pressure in the near term.

The market consensus for CAC's revenue in the upcoming quarter is projected to be approximately $57.628M USD.