Valley National Bancorp's Average Price Target Increases to $12.47 per Share, Up 10.16% from Prior Estimate

Valley National Bancorp's average one-year price target has been revised to $12.47/share, a 10.16% increase from the prior estimate of $11.32/share. The price target represents a 17.77% increase from the latest reported closing price of $10.59/share. There are 757 funds or institutions reporting positions in Valley National Bancorp, with an average portfolio weight of 0.14%.

Valley National Bancorp (NASDAQ: VLY) has seen its stock receive a significant upgrade from two major financial institutions. Jefferies and TD Cowen have both initiated coverage on the bank, raising their price targets and changing their recommendations to Buy.

Jefferies, in a recent report, upgraded Valley National Bancorp from Hold to Buy and raised its price target to $14.00 from $11.00 Valley National Bancorp stock upgraded to Buy at Jefferies on ROTCE target^[1]. The upgrade reflects Jefferies’ confidence in the bank's ability to achieve its 15% return on tangible common equity (ROTCE) target by mid-2028. The bank's strong momentum, with a 20.72% return over the past six months, and its 52-year track record of maintaining dividend payments, are key factors in this positive outlook. The new price target is based on an earnings multiple of 11.5 times the 2027 EPS, discounted to 2026, capturing the peer multiple.

TD Cowen also initiated coverage on Valley National Bancorp with a Buy rating and a price target of $14.00 TD Cowen Initiates Coverage on Valley National Bancorp With Buy Rating, $14 Price Target^[2]. The firm highlighted the bank's robust consumer and commercial banking segments, as well as its strong balance sheet. TD Cowen expects Valley National Bancorp to benefit from net interest margin (NIM) gains, better credit costs, and tight expense control, which should help close the bank's 15% valuation gap compared to peers.

These upgrades come on the heels of Valley National Bancorp's strong Q2 2025 earnings report, where the company reported an EPS of $0.23, slightly above the forecasted $0.22 Valley National Bancorp stock upgraded to Buy at Jefferies on ROTCE target^[1]. Revenue for the quarter reached $495 million, marginally exceeding the anticipated $494.2 million.

With the average one-year price target revised to $12.47/share, a 10.16% increase from the prior estimate of $11.32/share, investors are taking notice of Valley National Bancorp's positive trajectory. The new price target represents a 17.77% increase from the latest reported closing price of $10.59/share. There are 757 funds or institutions reporting positions in Valley National Bancorp, with an average portfolio weight of 0.14% .

These upgrades and the strong performance of Valley National Bancorp indicate a positive outlook for the bank, driven by its robust financials and strategic positioning in the banking sector.