CNOB Should I Buy
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ConnectOne Bancorp Inc (CNOB) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, recent analyst upgrade, and lack of negative catalysts make it a favorable choice. While technical indicators are neutral, the long-term growth potential outweighs short-term fluctuations.
The MACD histogram is -0.0748 and negatively contracting, indicating a weak bearish trend. RSI is neutral at 55.647, and moving averages are converging, suggesting no clear trend. Key support is at 26.751, and resistance is at 28.26, with the stock currently trading near the pivot point of 27.505.
Revenue increased by 65.96% YoY in Q4
Net income grew by 102.09% YoY, and EPS rose by 53.06% YoY.
Analyst upgrade with a raised price target to $32 and an Outperform rating.
No recent news or event-driven catalysts.
Neutral sentiment from hedge funds and insiders.
Lack of significant trading trends.
In Q4 2025, the company reported strong financial growth: Revenue increased to $104.32M (up 65.96% YoY), Net Income rose to $38.01M (up 102.09% YoY), and EPS grew to 0.75 (up 53.06% YoY).
Keefe Bruyette raised the price target to $32 from $30 and maintained an Outperform rating on January 30, 2026.
