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→Stable
- 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
Range Bound setup
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $25.48, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.1% away).
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
Hold if already holding. Not a fresh buy at $25.48, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.1% away). Chart setup: RSI 46 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 6.1/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 79d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-07-28Recent 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 2026-07-31T01:03:40Z.
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.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker·1 ceiling hit
Momentum 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
Hold if already holding. Not a fresh buy at $25.48, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (4.1% away). Chart setup: RSI 46 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Target $25.77 (+1.1%), stop $24.28 (−4.9%), A.R:R -0.3:1. Score 6.1/10, moderate confidence.
Take-profit target: $25.77 (-1.3% upside). Target $25.77 (+1.1%), stop $24.28 (−4.9%), A.R:R -0.3:1. Stop-loss: $24.28.
Analyst target reached - limited upside remaining; Near 52-week high (4.1% away); Negative momentum.
First Horizon Corporation trades at a P/E of 12.8 (forward 11.1). TrendMatrix value score: 7.8/10. Verdict: Hold.
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.