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Investing.com - Piper Sandler has raised its price target on FB Financial (NYSE:FBK) to $63.00 from $58.00 while maintaining an Overweight rating on the stock. According to InvestingPro data, the stock is currently trading near its Fair Value, with analyst targets ranging from $61 to $67.
The research firm cited FB Financial’s significant share price outperformance following what it described as a slow start to 2025. The company has delivered impressive returns, with a 41.6% price gain over the past six months and strong performance over both three-month and five-year periods.
Piper Sandler noted continued positive trends for the financial institution and highlighted the company’s strong growth culture as a key factor in its favorable outlook. This optimism is reflected in InvestingPro data showing seven analysts revising their earnings estimates upward for the upcoming period.
The firm specifically mentioned FB Financial’s potential for additional mergers and acquisitions activity as a driver for future performance.
Piper Sandler expects FB Financial to be a "multi-year winner" within its Southeastern markets, benefiting both from talent acquisitions amid market dislocation and through its role as an acquirer of other businesses.
In other recent news, FB Financial Corp reported its third-quarter 2025 earnings, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $1.07, exceeding the forecasted $0.96, which represents an 11.46% surprise. Additionally, FB Financial’s revenue reached $173.88 million, outperforming the anticipated $168.03 million. These results highlight a strong financial performance for the quarter. While stock price movements are not the focus, the company’s positive earnings report did coincide with a rise in pre-market trading. This development marks a significant achievement for FB Financial in meeting and surpassing financial projections. Investors and analysts may find these results encouraging as they reflect the company’s ability to deliver on expectations. Such financial outcomes can influence future analyst assessments and investor sentiment.
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