Customers Bancorp (CUBI) recently reported strong Q4 2024 earnings, with core EPS of $1.36, beating market estimates of $1.21. The company demonstrated significant growth in deposits and loans, with a 12.4% increase in shares following the earnings report. Management expressed optimism for 2025, focusing on disciplined loan growth and deposit transformation.
The stock is currently trading at $52.78, with a neutral RSI of 54.10 and a slightly bearish MACD. However, it remains above its 200-day SMA, indicating long-term bullish momentum. Key Fibonacci levels show support at $48.29 and resistance at $53.83.
Based on strong fundamentals and positive momentum, the stock is expected to rise towards the resistance level. Predicted price for the next trading week: $53.50. Buy on dips, targeting the upper Fibonacci resistance level.
Maxim Group
2025-01-27
Price Target
$75 → $80
Upside
+40.3%
Stephens & Co.
2024-11-11
Price Target
$53 → $55
Downside
-2.74%
B. Riley Securities
2024-11-04
Price Target
$78 → $80
Upside
+75.21%