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 $24.47, but acceptable to hold if already in. Reasons: Thin upside margin: 3.7%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.5).
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 $24.47, but acceptable to hold if already in. Reasons: Thin upside margin: 3.7%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.5). Chart setup: RSI 50 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 6.1/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 31d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-09-14Recent 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 2026-09-14T05:21:57Z.
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 ceiling hit
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $24.47, but acceptable to hold if already in. Reasons: Thin upside margin: 3.7%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.5). Chart setup: RSI 50 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Target $25.38 (+3.7%), stop $23.65 (−3.5%), A.R:R 0.7:1. Score 6.1/10, moderate confidence.
Take-profit target: $25.38 (+3.7% upside). Target $25.38 (+3.7%), stop $23.65 (−3.5%), A.R:R 0.7:1. Stop-loss: $23.65.
Thin upside margin: 3.7%; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.5).
First Horizon Corporation trades at a P/E of 11.8 (forward 10.6). TrendMatrix value score: 8.1/10. 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.