Hope Bancorp Inc (HOPE) stock forecast: Can it reach its 52-week high of $14.53

Abby Carey

A share price of Hope Bancorp Inc [HOPE] is currently trading at $11.03, up 0.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The HOPE shares have gain 3.37% over the last week, with a monthly amount glided 0.27%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Hope Bancorp Inc [NASDAQ: HOPE] stock has seen the most recent analyst activity on April 30, 2024, when DA Davidson upgraded its rating to a Buy but kept the price target unchanged to $12.50 for it. Previously, DA Davidson downgraded its rating to Neutral on May 18, 2022, and dropped its price target to $16. On November 15, 2021, upgrade upgraded it’s rating to Buy. Raymond James downgraded its rating to a Mkt Perform. FIG Partners downgraded its rating to a Market Perform. FIG Partners upgraded its rating to Outperform for this stock on May 02, 2017. In a note dated January 26, 2017, Keefe Bruyette downgraded an Mkt Perform rating on this stock.

Hope Bancorp Inc experienced fluctuations in its stock price throughout the past year between $8.82 and $14.53. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Hope Bancorp Inc [NASDAQ: HOPE] shares were valued at $11.03 at the most recent close of the market. An investor can expect a potential return of 35.99% based on the average HOPE price forecast.

Analyzing the HOPE fundamentals

Trailing Twelve Months sales for Hope Bancorp Inc [NASDAQ:HOPE] were 948.48M which represents -12.46% decline. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.02 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.94 points at the first support level, and at 10.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.09, and for the 2nd resistance point, it is at 11.15.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Hope Bancorp Inc [NASDAQ:HOPE] is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 0.64 and price to earnings (TTM) ratio is 31.00.

Transactions by insiders

Recent insider trading involved Stenger Thomas, SEVP, Chief Risk Officer, that happened on Aug 06 ’25 when 2000.0 shares were sold. SEVP, Chief Risk Officer, Stenger Thomas completed a deal on Sep 15 ’25 to sell 1602.0 shares. Meanwhile, EVP, General Counsel Harris Angelee sold 3500.0 shares on Sep 10 ’25.

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