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First Merchants (FRME) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

FRME Stock Forecast

First Merchants (FRME) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $47.00, with a high of $47.00 and a low of $47.00. This represents a 32.28% increase from the last price of $35.53.

$30 $34 $38 $42 $46 $50 High: $47 Avg: $47 Low: $47 Last Closed Price: $35.53

FRME Stock Rating

First Merchants stock's rating consensus is Buy, based on 10 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 10 0 10 Strong Sell Sell Hold Buy Strong Buy

FRME Price Target Upside V Benchmarks

TypeNameUpside
StockFirst Merchants32.28%
SectorFinancial Services Stocks 15.02%
IndustryRegional Banks Stocks22.26%

Price Target Trends

1M3M12M
# Anlaysts--4
Avg Price Target--$46.13
Last Closing Price$35.53$35.53$35.53
Upside/Downside--29.83%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25321--6
Mar, 25321--6
Feb, 25321--6
Jan, 25312--6
Dec, 24312--6
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2024Nathan RacePiper Sandler$47.00$37.1826.41%32.28%
Jul 29, 2024Nathan RacePiper Sandler$50.00$40.7822.61%40.73%
Jul 26, 2024Terry McEvoyStephens$45.00$41.697.94%26.65%
Apr 29, 2024Nathan RacePiper Sandler$42.50$34.5223.12%19.62%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024Piper SandlerOverweightOverweighthold
Aug 28, 2024StephensOutperformOutperformhold
Aug 07, 2024StephensOverweightEqual-Weightdowngrade
Jul 29, 2024Keefe, Bruyette & WoodsOutperformOutperformhold
Jul 29, 2024Piper SandlerOverweightOverweighthold
Jul 26, 2024StephensOverweightOverweighthold
Apr 29, 2024Piper SandlerOverweightOverweighthold
Apr 26, 2023Raymond JamesOutperformOutperformhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$2.75$3.82$3.83$3.74$3.44--
Avg Forecast$2.57$3.85$3.79$3.88$3.24$3.56$3.74
High Forecast$2.59$3.87$3.81$3.89$3.26$3.61$4.00
Low Forecast$2.55$3.81$3.75$3.87$3.22$3.51$3.53
Surprise %7.00%-0.78%1.06%-3.61%6.17%--

Revenue Forecast

$450M $550M $650M $750M $850M $950M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$492.05M$520.00M$628.14M$651.00M$948.01M--
Avg Forecast$492.33M$540.38M$651.15M$680.29M$661.66M$677.91M$705.70M
High Forecast$494.50M$542.76M$654.12M$680.76M$662.74M$679.26M$708.56M
Low Forecast$488.64M$536.34M$646.31M$679.83M$660.57M$676.56M$702.57M
Surprise %-0.06%-3.77%-3.53%-4.31%43.28%--

Net Income Forecast

$50M $100M $150M $200M $250M $300M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$148.60M$205.53M$222.09M$223.79M$201.40M--
Avg Forecast$124.15M$189.06M$211.17M$221.91M$192.74M$211.68M$214.37M
High Forecast$148.98M$226.87M$253.41M$266.29M$193.88M$214.66M$237.95M
Low Forecast$99.32M$151.25M$168.94M$177.53M$191.60M$208.70M$209.99M
Surprise %19.70%8.71%5.17%0.84%4.49%--

FRME Forecast FAQ

Is First Merchants stock a buy?

First Merchants stock has a consensus rating of Buy, based on 10 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 10 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that First Merchants is a favorable investment for most analysts.

What is First Merchants's price target?

First Merchants's price target, set by 10 Wall Street analysts, averages $47 over the next 12 months. The price target range spans from $47 at the low end to $47 at the high end, suggesting a potential 32.28% change from the previous closing price of $35.53.

How does First Merchants stock forecast compare to its benchmarks?

First Merchants's stock forecast shows a 32.28% upside, outperforming the average forecast for the financial services stocks sector (15.02%) and outperforming the regional banks stocks industry (22.26%).

What is the breakdown of analyst ratings for First Merchants over the past three months?

  • April 2025: 50.00% Strong Buy, 33.33% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 50.00% Strong Buy, 33.33% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 50.00% Strong Buy, 33.33% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.

What is First Merchants’s EPS forecast?

First Merchants's average annual EPS forecast for its fiscal year ending in December 2025 is $3.56, marking a 3.49% increase from the reported $3.44 in 2024. Estimates for the following years are.

What is First Merchants’s revenue forecast?

First Merchants's average annual revenue forecast for its fiscal year ending in December 2025 is $677.91M, reflecting a -28.49% decrease from the reported $948.01M in 2024. The forecast for.

What is First Merchants’s net income forecast?

First Merchants's net income forecast for the fiscal year ending in December 2025 stands at $211.68M, representing an 5.10% increase from the reported $201.4M in 2024. Projections indicate .