German American Bancorp (GABC) Stock Forecast, Price Target & Predictions


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GABC Stock Forecast


German American Bancorp stock forecast is as follows: an average price target of $45.67 (represents a 12.40% upside from GABC’s last price of $40.63) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

GABC Price Target


The average price target for German American Bancorp (GABC) is $45.67 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $44.00. This represents a potential 12.40% upside from GABC's last price of $40.63.

GABC Analyst Ratings


Buy

According to 4 Wall Street analysts, German American Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for GABC stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

German American Bancorp Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Brendan NosalHovde Group$48.00$40.2319.31%18.14%
Oct 14, 2024Brandon RudStephens$45.00$39.5513.78%10.76%
Jul 31, 2024David LongRaymond James$44.00$40.757.98%8.29%
Jan 05, 2024David LongRaymond James$38.00$32.3417.50%-6.47%
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The latest German American Bancorp stock forecast, released on Oct 29, 2024 by Brendan Nosal from Hovde Group, set a price target of $48.00, which represents a 19.31% increase from the stock price at the time of the forecast ($40.23), and a 18.14% increase from GABC last price ($40.63).

German American Bancorp Price Target by Period


1M3M12M
# Anlaysts224
Avg Price Target$46.50$46.50$43.75
Last Closing Price$40.63$40.63$40.63
Upside/Downside14.45%14.45%7.68%

In the current month, the average price target of German American Bancorp stock is $46.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 14.45% increase as opposed to German American Bancorp's last price of $40.63. This month's average price target is down 0.00% compared to last quarter, and up 6.29% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024Hovde Group-OutperformUpgrade
Oct 14, 2024Stephens-OverweightInitialise
Jul 31, 2024Raymond JamesOutperformOutperformHold
Jun 04, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jan 05, 2024Raymond James-OutperformUpgrade
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German American Bancorp's last stock rating was published by Hovde Group on Oct 29, 2024. The company Upgrade its GABC rating from "null" to "Outperform".

German American Bancorp Financial Forecast


German American Bancorp Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$82.61M$65.64M$63.15M$3.49M$66.05M$65.80M$64.78M$63.10M$55.70M$56.84M$53.78M$53.97M$56.83M$51.67M$50.88M$50.34M$50.69M$50.63M
Avg Forecast$94.72M$94.04M$92.14M$90.51M$89.50M$88.37M$86.78M$78.90M$64.02M$63.84M$61.39M$62.86M$63.05M$63.95M$63.44M$67.32M$67.65M$66.62M$63.31M$63.06M$54.39M$53.62M$51.63M$53.71M$51.93M$51.12M$49.27M$48.93M$50.09M$47.89M
High Forecast$97.91M$97.21M$95.24M$93.56M$92.51M$91.35M$89.70M$79.28M$64.22M$64.03M$61.39M$62.86M$63.10M$64.31M$65.58M$69.59M$69.92M$66.62M$63.31M$63.06M$54.39M$53.62M$51.63M$53.71M$51.93M$51.12M$49.27M$48.93M$50.09M$47.89M
Low Forecast$91.95M$91.29M$89.44M$87.86M$86.88M$85.78M$84.24M$78.52M$63.82M$63.65M$61.39M$62.86M$63.00M$63.30M$61.58M$65.35M$65.67M$66.62M$63.31M$63.06M$54.39M$53.62M$51.63M$53.71M$51.93M$51.12M$49.27M$48.93M$50.09M$47.89M
# Analysts11111113311124221111222221599168
Surprise %------------1.31%1.03%1.00%0.05%0.98%0.99%1.02%1.00%1.02%1.06%1.04%1.00%1.09%1.01%1.03%1.03%1.01%1.06%

German American Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $62.86M, with a low forecast of $62.86M, and a high forecast of $62.86M. GABC's average Quarter revenue forecast represents a -23.91% decrease compared to the company's last Quarter revenue of $82.61M (Dec 23).

German American Bancorp EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111113311124221111222221599168
EBITDA------------$636.00K$1.27M$26.88M$36.74M$39.26M$36.45M$32.40M$14.76M$26.73M$30.83M$34.41M$29.13M$30.93M$23.81M$24.34M$24.52M$29.46M$26.50M
Avg Forecast$33.16M$32.93M$32.26M$31.69M$31.34M$30.94M$30.38M$27.62M$22.41M$22.35M$21.49M$20.88M$22.07M$22.39M$22.21M$16.50M$29.41M$23.32M$22.17M$13.05M$19.04M$18.77M$18.08M$25.60M$18.18M$17.90M$17.25M$23.43M$17.54M$16.77M
High Forecast$34.28M$34.03M$33.34M$32.76M$32.39M$31.98M$31.41M$27.76M$22.49M$22.42M$21.49M$25.05M$22.09M$22.52M$22.96M$19.80M$35.29M$23.32M$22.17M$15.66M$19.04M$18.77M$18.08M$30.72M$18.18M$17.90M$17.25M$28.11M$17.54M$16.77M
Low Forecast$32.19M$31.96M$31.31M$30.76M$30.42M$30.03M$29.49M$27.49M$22.34M$22.28M$21.49M$16.70M$22.06M$22.16M$21.56M$13.20M$23.52M$23.32M$22.17M$10.44M$19.04M$18.77M$18.08M$20.48M$18.18M$17.90M$17.25M$18.74M$17.54M$16.77M
Surprise %------------0.03%0.06%1.21%2.23%1.33%1.56%1.46%1.13%1.40%1.64%1.90%1.14%1.70%1.33%1.41%1.05%1.68%1.58%

1 analysts predict GABC's average Quarter EBITDA for Mar 24 to be $20.88M, with a high of $25.05M and a low of $16.70M. This is 3182.48% upper than German American Bancorp's previous annual EBITDA (Dec 23) of $636.00K.

German American Bancorp Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111113311124221111222221599168
Net Income------------$21.51M$21.45M$22.12M$20.81M$24.41M$24.60M$23.75M$9.07M$19.27M$21.49M$23.82M$19.56M$20.89M$14.59M$14.26M$12.47M$15.82M$13.06M
Avg Forecast$28.79M$28.49M$27.31M$25.72M$25.52M$24.58M$22.31M$10.78M$19.74M$20.83M$40.01M$12.83M$19.89M$20.48M$19.94M$10.14M$21.20M$24.18M$20.89M$8.02M$21.60M$21.12M$18.69M$17.19M$17.21M$15.07M$10.74M$11.92M$17.44M$16.14M
High Forecast$30.05M$29.74M$28.50M$26.85M$26.64M$25.66M$23.28M$17.97M$20.59M$20.95M$40.09M$15.39M$20.75M$21.07M$20.82M$12.17M$25.44M$24.18M$20.89M$9.62M$21.60M$21.12M$18.69M$20.62M$17.21M$15.07M$10.74M$14.30M$17.44M$16.14M
Low Forecast$27.69M$27.41M$26.26M$24.74M$24.55M$23.65M$21.46M$4.70M$19.16M$20.70M$39.93M$10.26M$19.59M$19.89M$19.18M$8.11M$16.96M$24.18M$20.89M$6.41M$21.60M$21.12M$18.69M$13.75M$17.21M$15.07M$10.74M$9.53M$17.44M$16.14M
Surprise %------------1.08%1.05%1.11%2.05%1.15%1.02%1.14%1.13%0.89%1.02%1.27%1.14%1.21%0.97%1.33%1.05%0.91%0.81%

German American Bancorp's average Quarter net income forecast for Mar 24 is $12.83M, with a range of $10.26M to $15.39M. GABC's average Quarter net income forecast represents a -40.36% decrease compared to the company's last Quarter net income of $21.51M (Dec 23).

German American Bancorp SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111113311124221111222221599168
SG&A-------------$2.51M$22.05M$23.75M$22.40M$21.44M$21.88M$24.70M$21.39M$20.56M$19.19M$20.66M$20.39M$20.14M$18.65M$20.16M$20.20M$21.49M
Avg Forecast$31.39M$31.16M$30.53M$29.99M$29.66M$29.28M$28.76M$26.14M$21.21M$21.15M$20.34M$45.87M$20.89M$21.19M$21.02M$36.26M$23.52M$22.08M$20.98M$28.67M$18.02M$17.77M$17.11M$18.16M$17.21M$16.94M$16.33M$19.26M$16.60M$15.87M
High Forecast$32.44M$32.21M$31.56M$31.00M$30.66M$30.27M$29.72M$26.27M$21.28M$21.22M$20.34M$55.05M$20.91M$21.31M$21.73M$43.52M$28.23M$22.08M$20.98M$34.40M$18.02M$17.77M$17.11M$21.79M$17.21M$16.94M$16.33M$23.11M$16.60M$15.87M
Low Forecast$30.47M$30.25M$29.64M$29.11M$28.79M$28.43M$27.91M$26.02M$21.15M$21.09M$20.34M$36.70M$20.88M$20.98M$20.41M$29.01M$18.82M$22.08M$20.98M$22.93M$18.02M$17.77M$17.11M$14.53M$17.21M$16.94M$16.33M$15.41M$16.60M$15.87M
Surprise %-------------0.12%1.05%0.66%0.95%0.97%1.04%0.86%1.19%1.16%1.12%1.14%1.18%1.19%1.14%1.05%1.22%1.35%

German American Bancorp's average Quarter SG&A projection for Dec 23 is $20.89M, based on 2 Wall Street analysts, with a range of $20.88M to $20.91M. The forecast indicates a 733.39% rise compared to GABC last annual SG&A of $2.51M (Sep 23).

German American Bancorp EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111113311124221111222221599168
EPS------------$0.73$0.73$0.75$0.71$0.83$0.83$0.81$0.31$0.73$0.81$0.90$0.74$0.79$0.55$0.54$0.47$0.59$0.49
Avg Forecast$0.97$0.96$0.92$0.87$0.86$0.83$0.75$0.36$0.67$0.70$1.35$0.64$0.67$0.69$0.67$0.80$0.84$0.81$0.70$0.62$0.73$0.71$0.63$0.61$0.58$0.51$0.36$0.45$0.59$0.54
High Forecast$1.01$1.00$0.96$0.90$0.90$0.86$0.78$0.61$0.69$0.71$1.35$0.64$0.70$0.71$0.70$0.83$0.87$0.81$0.70$0.62$0.73$0.71$0.63$0.61$0.58$0.51$0.36$0.45$0.59$0.54
Low Forecast$0.93$0.92$0.88$0.83$0.83$0.80$0.72$0.16$0.65$0.70$1.35$0.64$0.66$0.67$0.65$0.77$0.81$0.81$0.70$0.62$0.73$0.71$0.63$0.61$0.58$0.51$0.36$0.45$0.59$0.54
Surprise %------------1.09%1.06%1.12%0.89%0.99%1.02%1.15%0.50%1.00%1.14%1.43%1.21%1.36%1.08%1.49%1.04%1.00%0.90%

According to 1 Wall Street analysts, German American Bancorp's projected average Quarter EPS for Mar 24 is $0.64, with a low estimate of $0.64 and a high estimate of $0.64. This represents a -11.99% decrease compared to GABC previous annual EPS of $0.73 (Dec 23).

German American Bancorp Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FRMEFirst Merchants$36.65$46.0025.51%Buy
THFFFirst Financial$42.98$50.0016.33%Buy
GABCGerman American Bancorp$40.62$45.6712.43%Buy
GSBCGreat Southern Bancorp$56.66$62.009.42%Hold
FCBCFirst Community Bankshares$40.95$38.00-7.20%Hold

GABC Forecast FAQ


Yes, according to 4 Wall Street analysts, German American Bancorp (GABC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of GABC's total ratings.

German American Bancorp (GABC) average price target is $45.67 with a range of $44 to $48, implying a 12.40% from its last price of $40.63. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for GABC stock, the company can go up by 12.40% (from the last price of $40.63 to the average price target of $45.67), up by 18.14% based on the highest stock price target, and up by 8.29% based on the lowest stock price target.

GABC's average twelve months analyst stock price target of $45.67 does not support the claim that German American Bancorp can reach $60 in the near future.

2 Wall Street analysts forecast a $46.5 price target for German American Bancorp (GABC) this month, up 14.45% from its last price of $40.63. Compared to the last 3 and 12 months, the average price target increased by 14.45% and increased by 7.68%, respectively.

German American Bancorp's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $343.56M (high $352.84M, low $335.42M), average EBITDA is $120.28M (high $123.53M, low $117.43M), average net income is $83.2M (high $93.56M, low $74.36M), average SG&A $113.84M (high $116.92M, low $111.15M), and average EPS is $2.8 (high $3.15, low $2.51). GABC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $371.42M (high $383.91M, low $360.53M), average EBITDA is $130.04M (high $134.41M, low $126.23M), average net income is $110.31M (high $115.13M, low $106.11M), average SG&A $123.08M (high $127.22M, low $119.47M), and average EPS is $3.72 (high $3.88, low $3.58).

Based on German American Bancorp's last annual report (Dec 2023), the company's revenue was $316.92M, beating the average analysts forecast of $257.77M by 22.95%. Apple's EBITDA was $2.84M, missing the average prediction of $83.18M by -96.59%. The company's net income was $85.89M, beating the average estimation of $70.45M by 21.92%. Apple's SG&A was $0, missing the average forecast of $99.37M by -100.00%. Lastly, the company's EPS was $2.91, beating the average prediction of $2.83 by 2.85%. In terms of the last quarterly report (Dec 2023), German American Bancorp's revenue was $82.6M, beating the average analysts' forecast of $63.05M by 31.01%. The company's EBITDA was $636K, missing the average prediction of $22.07M by -97.12%. German American Bancorp's net income was $21.51M, beating the average estimation of $19.89M by 8.16%. The company's SG&A was $0, missing the average forecast of $20.89M by -100.00%. Lastly, the company's EPS was $0.73, beating the average prediction of $0.67 by 8.96%