Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
HarborOne Bancorp ( (HONE) ) has issued an update.
On August 20, 2025, HarborOne Bancorp‘s shareholders approved a merger with Eastern Bankshares, Inc., where HarborOne will merge into Eastern, making Eastern the surviving entity. Additionally, shareholders approved a non-binding proposal for potential compensation to HarborOne’s executives related to the merger, while a proposal for meeting adjournment was not required.
The most recent analyst rating on (HONE) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on HarborOne Bancorp stock, see the HONE Stock Forecast page.
Spark’s Take on HONE Stock
According to Spark, TipRanks’ AI Analyst, HONE is a Neutral.
HarborOne Bancorp’s overall score reflects stable financial performance and a solid balance sheet, but challenges in cash flow management and legal uncertainties related to the merger weigh on the score. Technical indicators suggest potential short-term weakness, and the valuation is fair but not compelling. The merger’s legal challenges add risk, despite recent income growth.
To see Spark’s full report on HONE stock, click here.
More about HarborOne Bancorp
HarborOne Bancorp, Inc. operates in the banking industry, focusing on providing a range of financial services through its subsidiary, HarborOne Bank.
Average Trading Volume: 289,715
Technical Sentiment Signal: Strong Buy
Current Market Cap: $523.9M
For a thorough assessment of HONE stock, go to TipRanks’ Stock Analysis page.