Coastal Financial (NASDAQ:CCB) Stock Moved Up to Hold by Zacks Research

Posted by George Bondi on Nov 5th, 2026

Zacks Research upgraded shares of Coastal Financial (NASDAQ:CCB – Free Report) from a strong sell rating to a hold rating in a report released on Tuesday morning,Zacks reports.

Several other equities analysts have also recently issued reports on CCB. TD Cowen lifted their price objective on Coastal Financial from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, October 30th. Raymond James Financial lowered shares of Coastal Financial from a “strong-buy” rating to an “outperform” rating and set a $50.00 target price on the stock. in a research note on Friday, July 31st. Keefe, Bruyette & Woods reduced their target price on shares of Coastal Financial from $95.00 to $53.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Finally, Weiss Ratings cut shares of Coastal Financial from a “hold (c)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $91.83.

Check Out Our Latest Report on CCB

Coastal Financial Stock Up 3.8%

Shares of NASDAQ CCB opened at $44.55 on Tuesday. The stock has a market cap of $681.25 million, a P/E ratio of -165.01 and a beta of 0.78. The business’s fifty day simple moving average is $44.39 and its 200-day simple moving average is $67.58. Coastal Financial has a 12-month low of $35.56 and a 12-month high of $120.05. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.10.

Coastal Financial (NASDAQ:CCB – Get Free Report) last released its 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 return on equity of 0.75% and a negative net margin of 0.50%. The company had revenue of $149.33 million for the quarter, compared to analyst estimates of $158.85 million. As a group, equities analysts predict that Coastal Financial will post 0.72 EPS for the current fiscal year.

Institutional Trading of Coastal Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc boosted its position in shares of Coastal Financial by 292.2% during the 3rd quarter. Versant Capital Management Inc now owns 655 shares of the company’s stock worth $26,000 after acquiring an additional 488 shares in the last quarter. Entropy Technologies LP acquired a new stake in shares of Coastal Financial during the 1st quarter worth about $201,000. WINTON GROUP Ltd acquired a new stake in shares of Coastal Financial during the 2nd quarter worth about $240,000. Engineers Gate Manager LP purchased a new stake in Coastal Financial during the second quarter worth approximately $352,000. Finally, State of Alaska Department of Revenue lifted its stake in Coastal Financial by 88.8% during the third quarter. State of Alaska Department of Revenue now owns 5,414 shares of the company’s stock worth $215,000 after purchasing an additional 2,546 shares during the last quarter. 59.24% of the stock is currently owned by institutional investors and hedge funds.

Key Coastal Financial News

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

Negative Sentiment: Several law firms publicized a securities class action covering investors who bought CCB shares from October 28, 2024, through July 29, 2026. The claims allege Coastal misrepresented credit quality and risk management in its CCBX Banking-as-a-Service business. The lead-plaintiff deadline is December 1, 2026. Kaplan Fox class-action notice
Negative Sentiment: The lawsuit follows a reported $68.8 million credit expense tied to one CCBX partner, along with valuation adjustments, which reportedly triggered a sharp prior selloff. The allegations are not findings of wrongdoing, but the underlying credit concerns and potential litigation costs could weigh on investor sentiment. Report on lawsuit and credit-risk allegations

About Coastal Financial

(Get Free Report)

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.