What is Hovde Group's price target for SPFI?

Hovde Group's latest stated price target for South Plains Financial Inc. (SPFI) is $49, from its action on Jan 27, 2026.

What is Hovde Group's rating on SPFI?

Hovde Group rates SPFI Outperform, a bullish rating, as of Jan 27, 2026.

When did Hovde Group last change its view on SPFI?

On Jan 27, 2026, Hovde Group raises its price target to $49 from $47, keeps Outperform.

Analyst firms · Hovde Group · SPFI

Hovde Group SPFI price target and rating history

South Plains Financial Inc. (SPFI) · Finance

Hovde Group rates South Plains Financial Inc. (SPFI) Outperform with a $49 price target, as of its latest action on Jan 27, 2026. It has published 7 rating actions on SPFI since July 2023, including 0 upgrades and 0 downgrades. Across 3 firms with a SPFI price target in the last 12 months, the median target is $49. Hovde Group's target matches it.

Current rating: Outperform
Price target: $49
Median target, all firms: $49
Actions on SPFI: 7

Hovde Group price target on SPFI

Hovde Group price target on SPFI, each point a stated target, July 2023 to January 2026.

Every Hovde Group rating on SPFI

Jan 27, 2026
ReiterateHovde Group raises its price target to $49 from $47, keeps Outperform
Oct 24, 2025
ReiterateHovde Group raises its price target to $48 from $45, keeps Outperform
Jan 27, 2025
ReiterateHovde Group raises its price target to $47 from $46, keeps Outperform
Oct 25, 2024
ReiterateHovde Group raises its price target to $41 from $36, keeps Outperform
Jul 19, 2024
ReiterateHovde Group raises its price target to $36 from $32, keeps Outperform
Apr 26, 2024
ReiterateHovde Group cuts its price target to $32 from $34, keeps Outperform
Jul 14, 2023
InitiateHovde Group starts coverage at Outperform, price target $28

How other firms rate SPFI

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
The Benchmark Company	Buy	$53	Jun 25, 2026
Piper Sandler	Overweight	$48	Mar 2, 2026
Hovde Group	Outperform	$49	Jan 27, 2026

Questions about Hovde Group and SPFI

What is Hovde Group's price target for SPFI?: Hovde Group's latest stated price target for South Plains Financial Inc. (SPFI) is $49, from its action on Jan 27, 2026.
What is Hovde Group's rating on SPFI?: Hovde Group rates SPFI Outperform, a bullish rating, as of Jan 27, 2026.
When did Hovde Group last change its view on SPFI?: On Jan 27, 2026, Hovde Group raises its price target to $49 from $47, keeps Outperform.
How does Hovde Group's SPFI target compare with other analysts?: Across 3 firms with a SPFI price target in the last 12 months, the median target is $49. Hovde Group's target matches it.

All Hovde Group ratings SPFI news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.