German American Bancorp (GABC) Stock Forecast, Price Target & Predictions
GABC Stock Forecast
German American Bancorp stock forecast is as follows: an average price target of $44.00 (represents a 12.56% upside from GABC’s last price of $39.09) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
GABC Price Target
The average price target for German American Bancorp (GABC) is $44.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $44.00 to $44.00. This represents a potential 12.56% upside from GABC's last price of $39.09.
GABC Analyst Ratings
According to 2 Wall Street analysts, German American Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for GABC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
German American Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 31, 2024 | David Long | Raymond James | $44.00 | $40.75 | 7.98% | 12.56% |
| Jan 05, 2024 | David Long | Raymond James | $38.00 | $32.34 | 17.50% | -2.79% |
The latest German American Bancorp stock forecast, released on Jul 31, 2024 by David Long from Raymond James, set a price target of $44.00, which represents a 7.98% increase from the stock price at the time of the forecast ($40.75), and a 12.56% increase from GABC last price ($39.09).
German American Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $44.00 | $41.00 |
| Last Closing Price | $39.09 | $39.09 | $39.09 |
| Upside/Downside | -100.00% | 12.56% | 4.89% |
In the current month, the average price target of German American Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to German American Bancorp's last price of $39.09. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 31, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jun 04, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jan 05, 2024 | Raymond James | - | Outperform | Upgrade |
German American Bancorp's last stock rating was published by Raymond James on Jul 31, 2024. The company gave GABC a "Outperform" rating, the same as its previous rate.
German American Bancorp Financial Forecast
German American Bancorp Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $82.61M | $65.64M | $63.15M | $3.49M | $66.05M | $65.80M | - | $63.10M | $55.70M | $56.84M | $53.78M | $53.97M | $56.83M | $51.67M | $50.88M | $50.34M | $50.69M | $50.63M | $44.15M | $45.25M | $42.72M | $37.51M |
| Avg Forecast | $88.07M | $87.57M | $86.41M | $77.62M | $64.24M | $64.22M | $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 | $44.49M | $44.70M | $42.72M | $38.19M |
| High Forecast | $88.41M | $87.91M | $86.75M | $77.92M | $64.49M | $64.47M | $61.63M | $63.10M | $63.10M | $64.31M | $63.69M | $67.58M | $67.91M | $66.88M | $63.31M | $63.38M | $54.66M | $53.89M | $51.89M | $53.97M | $52.18M | $51.38M | $49.52M | $49.17M | $50.34M | $48.13M | $44.71M | $44.92M | $51.26M | $45.83M |
| Low Forecast | $87.76M | $87.27M | $86.12M | $77.36M | $64.02M | $64.00M | $61.18M | $62.64M | $63.00M | $63.30M | $63.22M | $67.09M | $67.42M | $66.39M | $63.31M | $62.72M | $54.09M | $53.33M | $51.35M | $53.42M | $51.65M | $50.85M | $49.01M | $48.67M | $49.82M | $47.63M | $44.25M | $44.46M | $34.17M | $30.55M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 |
| Surprise % | - | - | - | - | - | - | - | - | 1.31% | 1.03% | 1.00% | 0.05% | 0.98% | 0.99% | - | 1.00% | 1.02% | 1.06% | 1.04% | 1.00% | 1.09% | 1.01% | 1.03% | 1.03% | 1.01% | 1.06% | 0.99% | 1.01% | 1.00% | 0.98% |
German American Bancorp's average Quarter revenue forecast for Mar 24 based on 1 analysts is $62.86M, with a low forecast of $62.64M, and a high forecast of $63.10M. 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 |
| EBITDA | - | - | - | - | - | - | - | - | $636.00K | $1.27M | $26.88M | $36.74M | $39.26M | $36.45M | - | $14.76M | $26.73M | $30.83M | $34.41M | $29.13M | $30.93M | $23.81M | $24.34M | $24.52M | $29.46M | $26.50M | $27.74M | $27.42M | $21.47M | $21.99M |
| Avg Forecast | $30.83M | $30.66M | $30.25M | $27.18M | $22.49M | $22.48M | $21.49M | $20.88M | $22.07M | $22.39M | $22.21M | $16.50M | $23.68M | $29.14M | $22.17M | $13.05M | $26.73M | $26.49M | $21.18M | $25.60M | $19.73M | $21.94M | $13.39M | $23.43M | $29.46M | $27.87M | $25.26M | $26.44M | $21.47M | $22.38M |
| High Forecast | $30.95M | $30.78M | $30.37M | $27.28M | $22.58M | $22.57M | $21.58M | $25.05M | $22.09M | $22.52M | $22.30M | $19.80M | $23.78M | $34.96M | $22.17M | $15.66M | $32.08M | $31.78M | $25.41M | $30.72M | $23.68M | $26.33M | $16.07M | $28.11M | $35.35M | $33.44M | $30.32M | $31.73M | $25.77M | $26.86M |
| Low Forecast | $30.73M | $30.55M | $30.15M | $27.08M | $22.41M | $22.41M | $21.42M | $16.70M | $22.06M | $22.16M | $22.14M | $13.20M | $23.60M | $23.31M | $22.17M | $10.44M | $21.39M | $21.19M | $16.94M | $20.48M | $15.79M | $17.55M | $10.71M | $18.74M | $23.57M | $22.29M | $20.21M | $21.15M | $17.18M | $17.90M |
| Surprise % | - | - | - | - | - | - | - | - | 0.03% | 0.06% | 1.21% | 2.23% | 1.66% | 1.25% | - | 1.13% | 1.00% | 1.16% | 1.63% | 1.14% | 1.57% | 1.09% | 1.82% | 1.05% | 1.00% | 0.95% | 1.10% | 1.04% | 1.00% | 0.98% |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 |
| Net Income | - | - | - | - | - | - | - | - | $21.51M | $21.45M | $22.12M | $20.81M | $24.41M | $24.60M | - | $9.07M | $19.27M | $21.49M | $23.82M | $19.56M | $20.89M | $14.59M | $14.26M | $12.47M | $15.82M | $13.06M | $15.27M | $15.07M | $10.98M | $12.64M |
| Avg Forecast | $24.74M | $24.21M | $21.95M | $11.57M | $20.83M | $21.06M | $39.99M | $12.83M | $19.88M | $20.47M | $19.94M | $10.14M | $24.86M | $20.31M | $20.84M | $8.02M | $19.27M | $18.46M | $14.66M | $17.19M | $13.33M | $13.45M | $7.84M | $11.92M | $15.82M | $13.74M | $13.91M | $14.53M | $10.98M | $12.86M |
| High Forecast | $24.87M | $24.33M | $22.07M | $11.63M | $20.93M | $21.67M | $40.19M | $15.39M | $19.98M | $21.06M | $20.04M | $12.17M | $24.99M | $24.37M | $20.84M | $9.62M | $23.13M | $22.15M | $17.59M | $20.62M | $15.99M | $16.14M | $9.41M | $14.30M | $18.98M | $16.49M | $16.69M | $17.43M | $13.18M | $15.44M |
| Low Forecast | $24.63M | $24.10M | $21.86M | $11.52M | $20.73M | $20.16M | $39.81M | $10.26M | $19.58M | $19.88M | $19.85M | $8.11M | $24.75M | $16.24M | $20.84M | $6.41M | $15.42M | $14.77M | $11.73M | $13.75M | $10.66M | $10.76M | $6.27M | $9.53M | $12.66M | $10.99M | $11.13M | $11.62M | $8.78M | $10.29M |
| Surprise % | - | - | - | - | - | - | - | - | 1.08% | 1.05% | 1.11% | 2.05% | 0.98% | 1.21% | - | 1.13% | 1.00% | 1.16% | 1.63% | 1.14% | 1.57% | 1.09% | 1.82% | 1.05% | 1.00% | 0.95% | 1.10% | 1.04% | 1.00% | 0.98% |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 |
| SG&A | - | - | - | - | - | - | - | - | - | $2.51M | $22.05M | $23.75M | $22.40M | $21.44M | - | $24.70M | $21.39M | $20.56M | $19.19M | $20.66M | $20.39M | $20.14M | $18.65M | $20.16M | $20.20M | $21.49M | $17.10M | $17.79M | $19.45M | $14.62M |
| Avg Forecast | $29.18M | $29.02M | $28.64M | $25.72M | $21.29M | $21.28M | $20.34M | $45.87M | $20.89M | $21.19M | $21.02M | $36.26M | $22.42M | $19.43M | $20.98M | $28.67M | $21.39M | $17.66M | $11.81M | $18.16M | $13.01M | $18.56M | $10.26M | $19.26M | $20.20M | $22.60M | $15.57M | $17.15M | $19.45M | $14.88M |
| High Forecast | $29.30M | $29.13M | $28.75M | $25.82M | $21.37M | $21.36M | $20.42M | $55.05M | $20.91M | $21.31M | $21.10M | $43.52M | $22.50M | $23.32M | $20.98M | $34.40M | $25.66M | $21.20M | $14.17M | $21.79M | $15.61M | $22.27M | $12.31M | $23.11M | $24.24M | $27.13M | $18.69M | $20.58M | $23.34M | $17.85M |
| Low Forecast | $29.08M | $28.92M | $28.54M | $25.63M | $21.22M | $21.21M | $20.27M | $36.70M | $20.88M | $20.98M | $20.95M | $29.01M | $22.34M | $15.54M | $20.98M | $22.93M | $17.11M | $14.13M | $9.45M | $14.53M | $10.40M | $14.85M | $8.21M | $15.41M | $16.16M | $18.08M | $12.46M | $13.72M | $15.56M | $11.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.12% | 1.05% | 0.66% | 1.00% | 1.10% | - | 0.86% | 1.00% | 1.16% | 1.63% | 1.14% | 1.57% | 1.09% | 1.82% | 1.05% | 1.00% | 0.95% | 1.10% | 1.04% | 1.00% | 0.98% |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 15 |
| EPS | - | - | - | - | - | - | - | - | $0.73 | $0.73 | $0.75 | $0.71 | $0.83 | $0.83 | - | $0.31 | $0.73 | $0.81 | $0.90 | $0.74 | $0.79 | $0.55 | $0.54 | $0.47 | $0.59 | $0.49 | $0.61 | $0.60 | $0.44 | $0.55 |
| Avg Forecast | $0.83 | $0.82 | $0.74 | $0.39 | $0.70 | $0.71 | $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 | $0.56 | $0.55 | $0.53 | $0.57 |
| High Forecast | $0.84 | $0.82 | $0.74 | $0.39 | $0.71 | $0.73 | $1.35 | $0.65 | $0.67 | $0.71 | $0.68 | $0.80 | $0.84 | $0.82 | $0.70 | $0.62 | $0.73 | $0.72 | $0.63 | $0.62 | $0.58 | $0.51 | $0.36 | $0.45 | $0.59 | $0.55 | $0.57 | $0.55 | $0.64 | $0.68 |
| Low Forecast | $0.83 | $0.81 | $0.74 | $0.39 | $0.70 | $0.68 | $1.34 | $0.64 | $0.66 | $0.67 | $0.67 | $0.79 | $0.83 | $0.81 | $0.70 | $0.61 | $0.72 | $0.71 | $0.63 | $0.61 | $0.58 | $0.50 | $0.36 | $0.45 | $0.58 | $0.54 | $0.56 | $0.55 | $0.42 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | 1.09% | 1.06% | 1.12% | 0.89% | 0.99% | 1.02% | - | 0.50% | 1.00% | 1.14% | 1.43% | 1.21% | 1.36% | 1.08% | 1.49% | 1.04% | 1.00% | 0.90% | 1.08% | 1.09% | 0.83% | 0.96% |
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 $0.65. 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
GABC Forecast FAQ
Is German American Bancorp a good buy?
Yes, according to 2 Wall Street analysts, German American Bancorp (GABC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of GABC's total ratings.
What is GABC's price target?
German American Bancorp (GABC) average price target is $44 with a range of $44 to $44, implying a 12.56% from its last price of $39.09. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will German American Bancorp stock go up soon?
According to Wall Street analysts' prediction for GABC stock, the company can go up by 12.56% (from the last price of $39.09 to the average price target of $44), up by 12.56% based on the highest stock price target, and up by 12.56% based on the lowest stock price target.
Can German American Bancorp stock reach $60?
GABC's average twelve months analyst stock price target of $44 does not support the claim that German American Bancorp can reach $60 in the near future.
What are German American Bancorp's analysts' financial forecasts?
German American Bancorp's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $252.7M (high $253.69M, low $251.84M), average EBITDA is $87.34M (high $91.78M, low $82.94M), average net income is $94.71M (high $98.19M, low $90.97M), average SG&A $108.78M (high $118.2M, low $99.39M), and average EPS is $3.4 (high $3.44, low $3.36). GABC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $339.67M (high $340.99M, low $338.51M), average EBITDA is $118.92M (high $119.38M, low $118.51M), average net income is $82.48M (high $82.89M, low $82.11M), average SG&A $112.56M (high $112.99M, low $112.17M), and average EPS is $2.78 (high $2.79, low $2.77).
Did the GABC's actual financial results beat the analysts' financial forecasts?
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 $70.42M by 21.96%. 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 $19.88M by 8.20%. 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%