First Business Financial Services, Inc. (FBIZ) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 10 analysts11.0% Below Target
FBIZ trades 11.0% below Wall Street's consensus target of $67.00.
Current Price$60.34
Average Target$67.00
Target
Current
Low$64.00
Median$67.00
High$70.00
Analyst Target Range
Forward P/E9.7x
(Value)
PEG Ratio0.39
(Undervalued)
Implied Growth-0.8%
(Declining)
Analyst Spread9.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes FBIZ achieves its forward estimates and maintains a stable P/E multiple of 9.7x. This scenario reflects the blended consensus of 10 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
FBIZ Price Target Analysis
Updated June 20, 2026As of June 20, 2026, First Business Financial Services, Inc. (FBIZ) has a Wall Street consensus price target of $67.00, based on estimates from 10 covering analysts. With the stock currently trading at $60.34, this represents a potential upside of +11.0%. The company has a market capitalization of $503M.
Analyst price targets range from a low of $64.00 to a high of $70.00, representing a 9% spread in expectations. The median target of $67.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, FBIZ trades at a trailing P/E of 10.0x and forward P/E of 9.7x. The forward PEG ratio of 0.39 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -0.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $73.30, with bear and bull scenarios of $46.18 and $96.58 respectively. Model confidence stands at 46/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+2.3%
Industry Consensus
Avg Forward P/E
12.6x
(Value)
Peers with Coverage
8 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 TCBKTriCo Bancshares | $1.7B | $51.40 | $57.33 | +11.5% | Buy | 12.2x | 12 |
 NBTBNBT Bancorp Inc. | $2.4B | $46.68 | $46.00 | -1.5% | Hold | 11.2x | 10 |
 SBCFSeacoast Banking Corporation of Florida | $3.0B | $30.84 | $32.50 | +5.4% | Hold | 12.3x | 16 |
 FFINFirst Financial Bankshares, Inc. | $4.7B | $32.78 | $39.25 | +19.7% | Hold | 16.1x | 15 |
 BANFBancFirst Corporation | $3.8B | $111.31 | $125.00 | +12.3% | Hold | 15.2x | 3 |
 SMBCSouthern Missouri Bancorp, Inc. | $805M | $72.51 | $73.50 | +1.4% | Hold | 11.5x | 3 |
 MBWMMercantile Bank Corporation | $928M | $53.75 | $57.00 | +6.0% | Buy | 9.9x | 7 |
 CZWICitizens Community Bancorp, Inc. | $205M | $21.34 | — | — | Buy | 11.7x | 2 |
 MOFGMidWestOne Financial Group, Inc. | $1.0B | $49.31 | $31.25 | -36.6% | Buy | 13.8x | 8 |
 IROQIF Bancorp, Inc. | $89M | $26.55 | — | — | — | — | — |
FBIZ — Frequently Asked Questions
Quick answers to the most common questions about buying FBIZ stock.
What is the FBIZ stock price target for 2026?
First Business Financial Services, Inc. (FBIZ) has a consensus 12-month price target of $67, implying 11.0% upside from $60.34. The 10 analysts covering FBIZ see moderate appreciation potential.
Is FBIZ a buy, sell, or hold?
FBIZ has a consensus rating of "Buy" based on 10 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $67 implies 11.0% upside from current levels.
Is FBIZ stock overvalued or undervalued?
With a forward P/E of 9.701x, FBIZ trades at a relatively low valuation. The consensus target of $67 implies 11.0% appreciation, suggesting meaningful undervaluation.
How high can FBIZ stock go?
The most bullish Wall Street analyst has a price target of $70 for FBIZ, while the most conservative target is $64. The consensus of $67 represents the median expectation. Our quantitative valuation model projects a bull case target of $97 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover FBIZ stock?
FBIZ is moderately covered, with 10 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the FBIZ stock forecast?
The 12-month FBIZ stock forecast based on 10 Wall Street analysts shows a consensus price target of $67, with estimates ranging from $64 (bear case) to $70 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $73, with bear/bull scenarios of $46/$97.
What is FBIZ's fair value based on fundamentals?
Our quantitative valuation model calculates FBIZ's fair value at $73 (base case), with a bear case of $46 and bull case of $97. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 46/100.
What is FBIZ's forward P/E ratio?
FBIZ trades at a forward P/E ratio of 9.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 10.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy FBIZ stock?
Wall Street analysts are optimistic on FBIZ, with a "Buy" consensus rating and $67 price target (11.0% upside). 8 of 10 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do FBIZ price targets vary so much?
FBIZ analyst price targets range from $64 to $70, a 9% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $67 consensus represents the middle ground. Our model's $46-$97 range provides an independent fundamental perspective.
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