Coastal Financial (NASDAQ:CCB) Stock Rating Upgraded by Zacks Research

Posted by Geri Gentry on Jul 2nd, 2026

Coastal Financial (NASDAQ:CCB – Get Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

A number of other analysts also recently commented on CCB. Keefe, Bruyette & Woods decreased their price target on Coastal Financial from $115.00 to $95.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Weiss Ratings restated a “hold (c)” rating on shares of Coastal Financial in a research note on Monday. Stephens reiterated an “overweight” rating and set a $110.00 target price on shares of Coastal Financial in a research note on Friday, May 1st. Wall Street Zen raised shares of Coastal Financial from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, TD Cowen reduced their price target on shares of Coastal Financial from $145.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $122.60.

Check Out Our Latest Report on Coastal Financial

Coastal Financial Stock Up 3.0%

Coastal Financial stock opened at $79.84 on Tuesday. Coastal Financial has a fifty-two week low of $66.50 and a fifty-two week high of $120.05. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.03 and a current ratio of 1.06. The firm’s 50-day simple moving average is $73.47 and its 200 day simple moving average is $86.28. The stock has a market cap of $1.22 billion, a PE ratio of 25.03 and a beta of 0.72.

Coastal Financial (NASDAQ:CCB – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.24). Coastal Financial had a net margin of 7.35% and a return on equity of 10.20%. The firm had revenue of $56.30 million during the quarter, compared to analysts’ expectations of $138.63 million. Research analysts predict that Coastal Financial will post 4.56 EPS for the current fiscal year.

Institutional Trading of Coastal Financial

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Coastal Financial by 2.4% during the 4th quarter. Vanguard Group Inc. now owns 784,230 shares of the company’s stock worth $89,865,000 after acquiring an additional 18,193 shares during the period. Azora Capital LP raised its stake in Coastal Financial by 4.6% in the 4th quarter. Azora Capital LP now owns 618,244 shares of the company’s stock valued at $70,845,000 after acquiring an additional 27,224 shares during the period. American Century Companies Inc. lifted its holdings in Coastal Financial by 5.9% during the third quarter. American Century Companies Inc. now owns 510,549 shares of the company’s stock valued at $55,226,000 after purchasing an additional 28,616 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Coastal Financial by 9.0% during the third quarter. Wellington Management Group LLP now owns 486,197 shares of the company’s stock valued at $52,592,000 after purchasing an additional 39,984 shares during the last quarter. Finally, Cooper Creek Partners Management LLC boosted its position in Coastal Financial by 105.0% during the first quarter. Cooper Creek Partners Management LLC now owns 450,134 shares of the company’s stock worth $34,255,000 after purchasing an additional 230,537 shares during the period. 59.24% of the stock is currently owned by institutional investors.

Coastal Financial Company Profile

(Get Free Report)

Coastal Financial Corporation is a bank holding company whose principal subsidiary, Coastal Community Bank, provides a full range of community banking services to clients along North Carolina’s central and eastern coastline. The company focuses on delivering personalized relationship banking to individuals, small businesses, and local professionals in seaside and inland communities.

Through Coastal Community Bank, Coastal Financial offers deposit products including checking, savings, money market accounts and certificates of deposit.