Can Pacific Premier Bancorp (PPBI) Climb 25.44% to Reach the Level Wall Street Analysts Expect?

Core Viewpoint - Pacific Premier Bancorp (PPBI) has seen a 5.3% increase in share price over the past four weeks, closing at $20.79, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $26.08, representing a 25.4% upside [1][11]. Price Targets and Analyst Consensus - The mean estimate of $26.08 is based on six short-term price targets with a standard deviation of $3.38, indicating variability among analysts; the lowest estimate is $22 (5.8% increase), while the highest is $31 (49.1% increase) [2][9]. - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [9]. Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about PPBI's earnings prospects, with three estimates revised higher in the last 30 days and no negative revisions, leading to a 6% increase in the Zacks Consensus Estimate [12][11]. - PPBI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [13].