First Horizon has compiled a perfect four-quarter earnings beat streak averaging more than 10% above consensus and screens attractively at a forward P/E of 10.5x with a PEG of 0.36; however, there is no identified competitive moat to sustain long-term earnings power, the put/call ratio of 7.22 signals pronounced bearish options positioning, and the stock offers only 0.7% upside to its near-term resistance with an unfavorable risk/reward.
Thesis pillars
- No Competitive Moat↑Improving
- Perfect Beat Streak Near Term Catalyst↓Deteriorating
- Attractive Valuation Low Peg→Stable
- +2 more pillars — see the Why tab for full reasoning
First Horizon Corporation (FHN) Stock Analysis
Breakout setup
Financial Services · Banks - Regional
Wait for pullback to $24.04. BUY gates pass at $26.22, but analyst target reached - limited upside remaining and near 52-week high (1.3% away) argue for a more patient entry. Engine's entry $24.04 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum.
First Horizon Corporation provides commercial, consumer, wealth, and wholesale banking through First Horizon Bank, with $84 billion in total assets and over 450 locations in 23 U.S. states, concentrated in the South. Lending is the primary revenue driver across a $64 billion... Read more
Wait for pullback to $24.04. BUY gates pass at $26.22, but analyst target reached - limited upside remaining and near 52-week high (1.3% away) argue for a more patient entry. Engine's entry $24.04 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.2/10, moderate confidence.
Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 61d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-08-15Recent Developments — First Horizon Corporation
Latest news
- NEWS First (FHN) Stock: Key Catalysts Ahead | First tops EPS estimates by 6.2 percent on solid core banking results - Pro Tra — Xã Vĩnh Công positive
- NEWS 5 Revealing Analyst Questions From First Horizon’s Q1 Earnings Call - StockStory — StockStory neutral
- NEWS 5 Revealing Analyst Questions From First Horizon’s Q1 Earnings Call - TradingView — TradingView neutral
- NEWS First Horizon Corp (FHN) Shares Fall 3.0% -- GF Value Says Still Overvalued - GuruFocus — GuruFocus negative
- NEWS First Horizon Corporation Has Proven Itself (Upgrade) (NYSE:FHN) - Seeking Alpha — Seeking Alpha positive
Generated 2026-08-15T10:44:19Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $24.04. BUY gates pass at $26.22, but analyst target reached - limited upside remaining and near 52-week high (1.3% away) argue for a more patient entry. Engine's entry $24.04 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $30.15 (+15.0%), stop $23.11 (−13.5%), A.R:R -0.7:1. Score 6.2/10, moderate confidence.
Take-profit target: $30.15 (-3.5% upside). Target $30.15 (+15.0%), stop $23.11 (−13.5%), A.R:R -0.7:1. Stop-loss: $23.11.
Analyst target reached - limited upside remaining; Near 52-week high (1.3% away).
First Horizon Corporation trades at a P/E of 12.4 (forward 11.3). TrendMatrix value score: 7.8/10. Verdict: Buy (Wait for Entry).
24 analysts cover FHN with a consensus score of 3.7/5. Average price target: $28.
What does First Horizon Corporation do?First Horizon Corporation provides commercial, consumer, wealth, and wholesale banking through First Horizon Bank, with...
First Horizon Corporation provides commercial, consumer, wealth, and wholesale banking through First Horizon Bank, with $84 billion in total assets and over 450 locations in 23 U.S. states, concentrated in the South. Lending is the primary revenue driver across a $64 billion loan portfolio, with commercial and industrial loans the dominant segment; the wholesale banking arm serves institutional clients through fixed income trading and capital markets.