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First Internet Bancorp (INBK) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

INBK Stock Forecast

First Internet Bancorp (INBK) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $42.75, with a high of $45.00 and a low of $40.50. This represents a 27.92% increase from the last price of $33.42.

$20 $25 $30 $35 $40 $45 High: $45 Avg: $42.75 Low: $40.5 Last Closed Price: $33.42

INBK Stock Rating

First Internet Bancorp stock's rating consensus is Hold, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (33.33%), 2 Hold (66.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 3 0 2 1 Strong Sell Sell Hold Buy Strong Buy

INBK Forecast vs Benchmarks

TypeNameUpside
StockFirst Internet Bancorp27.92%
SectorFinancial Services Stocks 2.38%
IndustryRegional Banks Stocks7.84%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$39.83
Last Closing Price$33.42$33.42$33.42
Upside/Downside--19.18%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-23--5
Dec, 24-23--5
Nov, 24143--8
Oct, 24143--8
Sep, 24143--8
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 29, 2024Nathan RacePiper Sandler$40.50$39.103.58%21.18%
Jul 26, 2024George SuttonCraig-Hallum$45.00$37.9518.58%34.65%
Apr 29, 2024Nathan RacePiper Sandler$34.00$31.258.80%1.74%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jul 29, 2024Piper SandlerNeutralNeutralhold
Jul 26, 2024Craig-HallumBuyBuyhold
Apr 29, 2024Piper SandlerNeutralNeutralhold
Dec 18, 2023Craig-HallumBuyupgrade
Oct 23, 2022Keefe Bruyette & WoodsMarket Performdowngrade

Financial Forecast

EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$2.99$4.85$3.73$0.95---
Avg Forecast$2.75$4.68$3.84$1.10$3.01$4.13$5.08
High Forecast$2.64$4.49$3.74$1.06$2.90$3.91$5.03
Low Forecast$2.82$4.80$3.99$1.14$3.11$4.34$5.13
Surprise %8.73%3.63%-2.86%-13.64%---

Revenue 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$98.84M$114.77M$113.92M$265.49M---
Avg Forecast$101.26M$121.49M$122.60M$103.04M$134.41M$166.75M$190.03M
High Forecast$97.96M$117.54M$120.11M$102.77M$134.20M$161.86M$184.83M
Low Forecast$103.23M$123.86M$126.17M$103.30M$134.61M$171.64M$195.04M
Surprise %-2.39%-5.53%-7.08%157.67%---

Net Income Forecast

$5M $22M $39M $56M $73M $90M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$29.45M$48.11M$35.54M$8.42M---
Avg Forecast$22.42M$45.85M$73.02M$8.42M$26.34M$36.20M$44.52M
High Forecast$17.94M$36.68M$58.42M$6.73M$25.42M$34.29M$44.07M
Low Forecast$26.90M$55.02M$87.62M$10.10M$27.26M$38.07M$44.97M
Surprise %31.37%4.93%-51.33%----

INBK Forecast FAQ

Is First Internet Bancorp stock a buy?

First Internet Bancorp stock has a consensus rating of Hold, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that First Internet Bancorp is a neutral investment for most analysts.

What is First Internet Bancorp's price target?

First Internet Bancorp's price target, set by 3 Wall Street analysts, averages $42.75 over the next 12 months. The price target range spans from $40.5 at the low end to $45 at the high end, suggesting a potential 27.92% change from the previous close price of $33.42.

How does First Internet Bancorp stock forecast compare to the average forecast of its sector, industry, and investment themes?

First Internet Bancorp stock forecast shows a 27.92% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and outperforming the regional banks stocks industry (7.84%).

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

  • January 2025: 0% Strong Buy, 40.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 40.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 12.50% Strong Buy, 50.00% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.

What is First Internet Bancorp’s EPS forecast?

First Internet Bancorp's average annual EPS forecast for its fiscal year ending in December is 3.01 for 2024, a 216.84% increase from the reported $0.95 in 2023. The prediction for 2025 is $4.13, and $5.08 for 2026.

What is First Internet Bancorp’s revenue forecast?

First Internet Bancorp's average annual revenue forecast for its fiscal year ending in December is $134.41M for 2024, a -49.37% decrease from the reported $265.49M in 2023. The forecast for 2025 is $166.75M, and $190.03M for 2026.

What is First Internet Bancorp’s net income forecast?

For its fiscal year ending in December, First Internet Bancorp's average annual net income forecast is $26.34M for 2024, reflecting an 212.95% increase from the reported $8.42M in 2023. The projection for 2025 is $36.2M, and $44.52M for 2026.