Stock Price Prediction

EVBN stock is currently trading with a bullish outlook due to its strong Q2 2024 earnings, where EPS of $0.53 beat estimates by 26% and revenue exceeded expectations by 3.47%. Additionally, the announced merger with NBT Bancorp, expected to close in Q2 2025, is anticipated to enhance shareholder value and expand market presence. Analysts have raised the price target to $46, reflecting a 15% upside potential.

EVBN stock faces bearish sentiment due to its pending merger with NBT Bancorp, which limits upside potential as the deal values EVBN at approximately $236 million, translating to around $33.50 per share. Despite strong Q2 and Q3 2024 earnings, the merger caps growth prospects, and the stock is unlikely to trade significantly above this valuation. Additionally, rising expenses tied to the merger and macroeconomic headwinds may weigh on short-term performance.

The market consensus for EVBN's revenue in the upcoming quarter is projected to be approximately $17.987M USD.

The market consensus for EVBN's eps in the upcoming quarter is projected to be approximately $0.58 USD.