First BanCorp Analyst Price Targets

Wall Street analyst price targets and consensus rating for First BanCorp (FBP).

Price Target Range — 12 Quarters

Analyst Consensus — 6 Analysts

1S.Buy

3Buy

2Hold

Consensus RatingOverweight# Analysts6Avg. Consensus PT$28Upside to Avg. PT+2.1%

Rating Trend — Last 9 Months

Recent Analyst Actions

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Date	Firm	Analyst	Action	Rating Change	Price Target
Sep 30, 2026	Wells Fargo	Terry McEvoy	PT Cut	Overweight	$33→$32
Aug 10, 2026	Wells Fargo	Terry McEvoy	PT Raise	Overweight	$28→$33
Jul 23, 2026	Benchmark	Brett Rabatin	PT Raise	Buy	$31→$33
Jul 23, 2026	Keefe, Bruyette & Woods	Kelly Motta	PT Raise	Market Perform	$27→$31
Jul 15, 2026	Benchmark	Brett Rabatin	Initiate	Buy	$31
Jul 13, 2026	Truist Securities	Arren Cyganovich	PT Raise	Buy	$26→$30
Jul 6, 2026	Wells Fargo	Robert Rutschow	PT Raise	Overweight	$26→$28
Jul 1, 2026	Raymond James	Steve Moss	PT Raise	Strong Buy	$27→$32
Apr 27, 2026	Raymond James	Steve Moss	Upgrade	Outperform→Strong Buy	$26→$27
Apr 23, 2026	Truist Securities	Arren Cyganovich	PT Raise	Buy	$25→$26
Apr 23, 2026	Piper Sandler	Manuel Navas	PT Raise	Neutral	$24→$25
Apr 23, 2026	Keefe, Bruyette & Woods	Kelly Motta	PT Raise	Market Perform	$25→$26
Apr 23, 2026	Wells Fargo	Robert Rutschow	PT Raise	Overweight	$24→$26
Mar 30, 2026	Wells Fargo	Robert Rutschow	PT Raise	Overweight	$23→$24
Jan 30, 2026	Piper Sandler	Manuel Navas	PT Raise	Neutral	$23→$24
Jan 29, 2026	Truist Securities	Arren Cyganovich	PT Raise	Buy	$24→$25
Jan 28, 2026	Keefe, Bruyette & Woods	Kelly Motta	PT Raise	Market Perform	$24→$25
Jan 15, 2026	Piper Sandler	Manuel Navas	Assumes	Neutral	$23
Oct 27, 2025	Truist Securities	Arren Cyganovich	PT Cut	Buy	$25→$24
Oct 27, 2025	Wells Fargo	Timur Braziler	PT Cut	Overweight	$25→$23

More with Benzinga EdgeGet Access

Analyst Ratings News

PRO
Wells Fargo Maintains Overweight on First BanCorp, Lowers Price Target to $32

Wells Fargo analyst Terry McEvoy maintains First BanCorp (NYSE:FBP) with a Overweight and lowers the price target from $33 to $32.

Benzinga Newsdesk

PRO
Wells Fargo Maintains Overweight on First BanCorp, Raises Price Target to $33

Wells Fargo analyst Terry McEvoy maintains First BanCorp (NYSE:FBP) with a Overweight and raises the price target from $28 to $33.

Benzinga Newsdesk

PRO
Benchmark Maintains Buy on First BanCorp, Raises Price Target to $33

Benchmark analyst Brett Rabatin maintains First BanCorp (NYSE:FBP) with a Buy and raises the price target from $31 to $33.

Benzinga Newsdesk

Alphabet To Rally Around 39%? Here Are 10 Top Analyst Forecasts For Thursday

Top analysts changed outlook on top names. Rosenblatt cut PEGA, Keefe boosted FBP, Needham raised PM, Jefferies increased VRSK, B of A cut ROL, Evercore cut ZION, Pivotal raised GOOGL, Barclays boosted TNL.

Avi Kapoor

PRO
Keefe, Bruyette & Woods Maintains Market Perform on First BanCorp, Raises Price Target to $31

Keefe, Bruyette & Woods analyst Kelly Motta maintains First BanCorp (NYSE:FBP) with a Market Perform and raises the price target from $27 to $31.

Benzinga Newsdesk

PRO
Benchmark Initiates Coverage On First BanCorp with Buy Rating, Announces Price Target of $31

Benchmark analyst Brett Rabatin initiates coverage on First BanCorp (NYSE:FBP) with a Buy rating and announces Price Target of $31.

Benzinga Newsdesk

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First BanCorp Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PRO
Wells Fargo Maintains Overweight on First BanCorp, Lowers Price Target to $32

PRO
Wells Fargo Maintains Overweight on First BanCorp, Raises Price Target to $33

PRO
Benchmark Maintains Buy on First BanCorp, Raises Price Target to $33

Alphabet To Rally Around 39%? Here Are 10 Top Analyst Forecasts For Thursday

PRO
Keefe, Bruyette & Woods Maintains Market Perform on First BanCorp, Raises Price Target to $31

PRO
Benchmark Initiates Coverage On First BanCorp with Buy Rating, Announces Price Target of $31

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First BanCorp Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PROWells Fargo Maintains Overweight on First BanCorp, Lowers Price Target to $32

PROWells Fargo Maintains Overweight on First BanCorp, Raises Price Target to $33

PROBenchmark Maintains Buy on First BanCorp, Raises Price Target to $33

Alphabet To Rally Around 39%? Here Are 10 Top Analyst Forecasts For Thursday

PROKeefe, Bruyette & Woods Maintains Market Perform on First BanCorp, Raises Price Target to $31

PROBenchmark Initiates Coverage On First BanCorp with Buy Rating, Announces Price Target of $31

People Also Watch

People Also Watch

PRO
Wells Fargo Maintains Overweight on First BanCorp, Lowers Price Target to $32

PRO
Wells Fargo Maintains Overweight on First BanCorp, Raises Price Target to $33

PRO
Benchmark Maintains Buy on First BanCorp, Raises Price Target to $33

PRO
Keefe, Bruyette & Woods Maintains Market Perform on First BanCorp, Raises Price Target to $31

PRO
Benchmark Initiates Coverage On First BanCorp with Buy Rating, Announces Price Target of $31