Coastal Financial Corporation (NASDAQ:CCB) Stock Has Consensus Target Price of $91.33 According to Brokerages

Shares of Coastal Financial Corporation (NASDAQ:CCB) have been given an average rating of “Hold” by the seven research firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $91.83.

A number of analysts have recently issued reports on CCB shares. TD Cowen raised their price objective on Coastal Financial from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, October 30th. Weiss Ratings cut Coastal Financial from a “hold (c)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Zacks Research downgraded Coastal Financial from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Keefe, Bruyette & Woods reduced their price objective on shares of Coastal Financial from $95.00 to $53.00 and set an “outperform” rating for the company in a research report on Friday, July 31st. Finally, Raymond James Financial downgraded shares of Coastal Financial from a “strong-buy” rating to an “outperform” rating and set a $50.00 price objective on the stock. in a report on Friday, July 31st.

Coastal Financial Price Performance

Shares of CCB opened at $42.94 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.05 and a debt-to-equity ratio of 0.10. The company has a 50 day moving average of $44.44 and a 200-day moving average of $67.93. The stock has a market capitalization of $656.55 million, a P/E ratio of -159.03 and a beta of 0.78. Coastal Financial has a twelve month low of $35.56 and a twelve month high of $120.05.

Coastal Financial (NASDAQ:CCB) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.07). Coastal Financial had a negative net margin of 0.50% and a negative return on equity of 0.75%. The company had revenue of $149.33 million for the quarter, compared to analyst estimates of $158.85 million. As a group, equities research analysts forecast that Coastal Financial will post 0.71 EPS for the current fiscal year.

More Coastal Financial News

Here are the key news stories impacting Coastal Financial this week:

• Neutral Sentiment: Several firms repeated that investors who bought CCB shares between October 28, 2024, and July 29, 2026, may seek appointment as lead plaintiff by December 1, 2026. These announcements are reminders about the pending case, not reports of a new ruling. Pomerantz investor alert
• Negative Sentiment: The lawsuit alleges Coastal misrepresented credit quality and risk oversight in its CCBX banking-as-a-service business. The case follows a previously reported $68.8 million credit expense and a sharp stock decline; the allegations have not been established in court. Continued legal scrutiny and uncertainty could pressure sentiment. Hagens Berman class action notice

Insider Activity at Coastal Financial

In other news, Director Steven Hovde acquired 10,000 shares of Coastal Financial stock in a transaction dated Thursday, August 6th. The stock was bought at an average price of $43.83 per share, for a total transaction of $438,300.00. Following the completion of the acquisition, the director directly owned 26,500 shares in the company, valued at approximately $1,161,495. The trade was a 60.61% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Eric Sprink purchased 10,000 shares of Coastal Financial stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average price of $44.45 per share, with a total value of $444,500.00. Following the completion of the purchase, the chief executive officer directly owned 173,238 shares in the company, valued at $7,700,429.10. This trade represents a 6.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 20,290 shares of company stock valued at $895,894 over the last 90 days. Company insiders own 13.49% of the company’s stock.

Institutional Trading of Coastal Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. Graham Capital Wealth Management LLC grew its position in shares of Coastal Financial by 116.9% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 109,849 shares of the company’s stock worth $4,387,000 after purchasing an additional 59,215 shares in the last quarter. Madrona Financial Services LLC increased its holdings in shares of Coastal Financial by 49.8% during the third quarter. Madrona Financial Services LLC now owns 7,290 shares of the company’s stock worth $291,000 after purchasing an additional 2,425 shares during the period. First Bank & Trust raised its position in shares of Coastal Financial by 18.9% in the third quarter. First Bank & Trust now owns 14,288 shares of the company’s stock valued at $571,000 after buying an additional 2,276 shares in the last quarter. SummerHaven Investment Management LLC raised its position in shares of Coastal Financial by 145.5% in the third quarter. SummerHaven Investment Management LLC now owns 16,977 shares of the company’s stock valued at $678,000 after buying an additional 10,061 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its position in shares of Coastal Financial by 88.8% in the third quarter. State of Alaska Department of Revenue now owns 5,414 shares of the company’s stock valued at $215,000 after buying an additional 2,546 shares in the last quarter. Institutional investors and hedge funds own 59.24% of the company’s stock.

Coastal Financial Company Profile

Coastal Financial Corporation is a bank holding company headquartered in Everett, Washington. Its principal subsidiary, Coastal Community Bank, provides banking services to individuals, families, and businesses in the Pacific Northwest, with a focus on communities in the Puget Sound region.

Coastal Community Bank offers consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, lines of credit, treasury management, online and mobile banking, and other traditional banking products.