OceanFirst Raises 2026 Revenue Estimate 20% to $562M, Cuts EPS to $1.19
OceanFirst forecasts Q1 revenue of $99.7M and EPS of $0.34, with full-year 2026 revenue estimates raised 20% to $562.2M but EPS cut 24% to $1.19. Analysts’ average one-year price target is $22.00, implying 17.2% upside, while 2027 EPS consensus rose to $2.43.
1. Q1 2026 Guidance and Expectations
OceanFirst is scheduled to report Q1 2026 results on April 24 with consensus revenue of $99.72 million and earnings per share of $0.34, reflecting modest growth over the prior quarter’s $95.28 million top line.
2. Full-Year 2026 and 2027 Estimate Revisions
Over the past 90 days, full-year 2026 revenue forecasts climbed from $466.75 million to $562.20 million while EPS estimates fell from $1.56 to $1.19. For 2027, revenue projections rose from $547.69 million to $685.73 million and EPS forecasts increased from $2.28 to $2.43.
3. Q4 2025 Actual Results
In Q4 2025, OceanFirst reported $95.28 million in revenue, topping expectations by 0.72%, but posted EPS of $0.23, missing estimates by 17.27%. The shares declined 3.7% the day after the release.
4. Analyst Price Targets and Recommendations
Analysts’ one-year price targets average $22.00, with a high of $25.00 and low of $20.00, implying roughly 17% upside. A proprietary valuation model suggests a $27.04 fair value, and the average brokerage recommendation stands at 2.5 on a 1–5 scale, indicating an Outperform view.