WallStreetZenWallStreetZen

NASDAQ: CHMG
Chemung Financial Corp Stock Forecast, Predictions & Price Target

Analyst price target for CHMG

Based on 1 analyst offering 12 month price targets for Chemung Financial Corp.
Min Forecast
$49.00+12.03%
Avg Forecast
$49.00+12.03%
Max Forecast
$49.00+12.03%

Should I buy or sell CHMG stock?

Based on 1 analyst offering ratings for Chemung Financial Corp.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CHMG stock forecasts and price targets.

CHMG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22

1 of 1

Forecast return on equity

Is CHMG forecast to generate an efficient return?

Forecast return on assets

Is CHMG forecast to generate an efficient return on assets?

CHMG revenue forecast

What is CHMG's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$98.1M+2.46%
Avg 2 year Forecast
$104.4M+8.99%
CHMG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CHMG revenue growth forecast

How is CHMG forecast to perform vs Banks - Regional companies and vs the US market?
Company
2.46%
Industry
5.7%
Market
13.38%
CHMG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CHMG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CHMG vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
CHMG$43.74$49.00+12.03%Hold
USCB$10.55$14.00+32.70%Buy
OVLY$24.98N/AN/A
PLBC$35.14$40.00+13.83%Buy
BLFY$8.59$11.00+28.06%Hold

Chemung Financial Stock Forecast FAQ

Is Chemung Financial Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: CHMG) stock is to Hold CHMG stock.

Out of 1 analyst, 0 (0%) are recommending CHMG as a Strong Buy, 0 (0%) are recommending CHMG as a Buy, 1 (100%) are recommending CHMG as a Hold, 0 (0%) are recommending CHMG as a Sell, and 0 (0%) are recommending CHMG as a Strong Sell.

If you're new to stock investing, here's how to buy Chemung Financial stock.

What is CHMG's revenue growth forecast for 2024-2025?

(NASDAQ: CHMG) Chemung Financial's forecast annual revenue growth rate of 2.46% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 5.7%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.38%.

Chemung Financial's revenue in 2024 is $95,744,000.On average, 2 Wall Street analysts forecast CHMG's revenue for 2024 to be $466,041,119, with the lowest CHMG revenue forecast at $459,390,176, and the highest CHMG revenue forecast at $472,692,063.

In 2025, CHMG is forecast to generate $495,732,832 in revenue, with the lowest revenue forecast at $486,469,018 and the highest revenue forecast at $504,996,646.

What is CHMG's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: CHMG) forecast ROA is N/A, which is lower than the forecast US Banks - Regional industry average of 1.32%.

What is CHMG's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CHMG price target, the average CHMG price target is $49.00, with the highest CHMG stock price forecast at $49.00 and the lowest CHMG stock price forecast at $49.00.

The Wall Street analyst predicted that Chemung Financial's share price could reach $49.00 by Apr 22, 2025. The average Chemung Financial stock price prediction forecasts a potential upside of 12.03% from the current CHMG share price of $43.74.

What is CHMG's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: CHMG) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.